BizBuySell.com and their tools
Curtis Kroeker, President for Vertical Marketing at CoStar. CoStar was the guest on my radio show 105.FM and Money 2.0. CoStar is a commercial real estate, information, and resource services company.
Curtis says CoStar acquired a company called LoopNet in the last few years, which is a commercial real estate online marketing platform. Curtis says LoopNet has four verticals, two of which target the businesses-for-sell marketplace – BizBuySell.com and BizQuest.com – and two land-for-sell verticals – LandsOfAmerica.com and LandAndFarm.com. He says these four verticals report to him.
Curtis goes on to discuss the sheer number of businesses that are being sold and purchased month on month and explains how quickly numbers are refreshed. He says they are focused on the United States market, although they do sell some international businesses on BizBuySell.com.
BizBuySell.com and their tools
Curtis talks about the typical clientele (franchisees and franchisors) CoStar services through their businesses-for-sell sector. He says their website search tools include numerous variables to help users drill right down to what they are seeking. He also notes that they have an extremely comprehensive business broker directory. Curtis says they also have many business valuation tools and educational materials available for both franchisees and franchisors.
Curtis also shares his perspective on the overall state of the market and whether or not he believes it is a good time to buy or sell a business.
If you would like to hear my conversation with Curtis Kroeker, you are welcome to listen by clicking here. Curtis was my second guest in this show. The conversation begins at 28:20 into the recording.