Mandel Outlines How Crowdsourcing Works for Commercial Real Estate Properties

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The crowdsourcing model that CompStak employs takes the practice that commercial real estate brokers have always engaged in—the trading of information on lease comps—and improves on it with an online database, according to Michael Mandel, co-founder and CEO of CompStak. Participating brokers, appraisers and researchers in core markets can provide comps using a blue box on CompStak’s upload page, get credit and access the comp they are looking for as a reward.

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