Commercial comp management software DataComp is a powerful system for storing, analyzing, retrieving and reporting commercial real estate transactions.
Versatile and user friendly software that allows real estate professionals to easily track and report their sales, listings, and leases on retail, industrial, office, hotel/motel, apartment and many other commercial property types. Commercial real estate software built and designed by commercial real estate appraisers; DataComp is the top commercial comp database utilized by the most appraisers in the United States.
DataComp has been established for over 20 years, much longer than any of our competitors. Many appraisers view their comp data as the most important asset of their appraisal firm. Confirmation of a comparable takes a lot of time and effort so appraisers view this data as critical to the valuation analysis. Appraisers utilize DataComp daily to track their land sales, improved sales and rental data.
DataComp is broken down into four sale databases including land, improved, multifamily and lodging. There are two rental databases, improved and multifamily. This delineation of property types allows you to track any type of comparable sales and rental data. The stability and speed of DataComp with the integrity of a Microsoft Sql database gives you confidence that your data is there when you need it.
Default Word outputs allows you to print consistently formatted comp write-ups to be directly inserted into your reports. Our report wizard allows you total flexibility for custom Word and Excel output with simple to use keywords. That way your Word comparable write-ups and Excel adjustment grids look exactly the way they do now.
A very desirable feature of DataComp is the ability to print comps to your Excel adjustment grids. This saves a significant amount of time of not retyping comps over and over into your Excel adjustment grids. DataComp also allows you to quickly create comparable map exhibits (such as Delorme Street Atlas or Microsoft Streets and Trips) for insertion into your appraisal reports. Appraisers collect many details associated with a transaction and can attach multiple pictures, deeds, site plans or any other associated documents with each comparable sale in the database.
Newer features in DataComp include Google Maps that allows you to view aerial or street views of your comparable data. Geocoding is also built into DataComp which enables you to highlight on a map areas to narrow your comp searches. Microsoft MapPoint is required for this feature.
Both the CEO and President of RealWired are MAI’s and have taught Commercial Appraisal Productivity Seminars through the Appraisal Institute. DataComp is integrated with our report writing software Edge for seamless integration of your comparable write-ups in Word, Excel adjustment grids and maps into their merged reports. DataComp is an integral software that is used daily by most commercial appraisers in the United States.
“DataComp is terrific. Powerful, flexible and easy to use, DataComp has a short learning curve and provides instant organization, easy sharing and great search ability for every kind of comp data. It is easily one of the best investments I have ever made.” – Robert Gagliano, MAI Gagliano Appraisal, LLC