u/incrediwoah

I'm curious how this works in practice. Say a national multifamily or CRE investment firm decides to enter a new market.

Specifically:

1. Management team - Do they hire a local acquisitions/PM lead first and let them build the rest of the team? Do they recruit entire teams from competing firms? How much of this is already baked in when they acquire existing assets?
2. Vendor network - Do they start from scratch or leverage existing relationships the new hires bring? How do they vet contractors in an unfamiliar market? Do they use national vendors with local franchises, or go hyper-local?
3. Speed to competency - How long does it take to go from "we just entered this market" to having operations running as smoothly as their home markets?

We all know the current landscape with scraping and dnc rules, but who would you say is leading in this space?

I think the following all have pros and cons to them. Curious on your experience with each or if I’m missing any feel free to comment:
- Reonomy
- FastPeopleSearch
- EnformionGo
- Crexi
- CoStar
- BatchData
- Mercero
- TLO (Although can’t be used as an RE agent)

Would be cool if I could see who the most active investors and sellers are in a market by property type.