Saving Alerts

CoStar provides you the ability to save alerts within your search criteria.  This is most commonly seen when brokers are working with a particular client who has a particular need.  Following a search that meets the criteria of the client, a CoStar user has the ability to save the search and set an alert in order to be made aware via email when additional space becomes available.

However, you may also choose to set alerts for competing space.  This will allow you to be made aware when that space is filled or the lease price has been reduced.  I would recommend searching competing properties by taking advantage of the “radius” search under location.  This will make it easy for each of your properties to be added to seperate surveys and allow you to stay on top of the changes that effect your space and your client.

Finally, setting alerts for your specialty can also be extremely helpful.  If you work a particular submarket in a particular industry, try running a search on the basic parameters of your specialization.  Once you save this survey and set alerts, it will allow you to be made aware of changes within your market via email while you are on the road.  This can provide tremendous credibility.