Washington group endorses CoStar. (Technology: Update).CoStar Group, Inc. announced that the Greater Washington Commercial Association of REALTORS[R] (GWCAR) has endorsed the CoStar Property[R] service to provide comprehensive commercial real estate information to its members. CoStar Group is the leading provider of information services See Information Systems. to commercial real estate firms in the United States and the United Kingdom. GWCAR is a regional trade association dedicated to serving commercial real estate interests throughout the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). , Suburban Maryland and Northern Virginia. Its membership includes most of the region's leading brokerage firms and property owners. GWCAR previously had considered launching a commercial information exchange (CIE (Commission Internationale de l'Eclairage, International Commission on Illumination, Vienna, Austria, www.cie.co.at) An international organization that sets standards for all aspects of lighting and illumination, including colorimetry, photometry and the measurement of visible and ), and had conducted a year-long review of their market information needs. After examining such things as functionality, cost, ownership and accuracy of the data, service and support, reliability and financial stability, GWCAR voted unanimously to continue supporting the CoStar system. "We understand why an exchange-oriented approach is appealing," said Chuck Ebert, CAE (1) (Computer-Aided Engineering) Software that analyzes designs which have been created in the computer or that have been created elsewhere and entered into the computer. , RCE Recurrent corneal erosion (RCE) Repeated erosion of the cornea. May be a result of inadequate healing of a previous abrasion. Mentioned in: Corneal Abrasion , chief executive officer of GWCAR. "But in the final analysis, we decided to go with an established, independent provider whose core business is aggregating, verifying and disseminating the highest quality data at the best possible value. Collectively and unanimously, we are endorsing CoStar Group." "We are pleased that GWCAR has chosen to continue supporting the CoStar platform," said Andrew C. Florance, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of CoStar. "Our new-generation product, CoStar Property 8.0, provides the most powerful technology available to the commercial real estate industry. But most importantly, our independent research enables customers to focus their time and resources providing outstanding service to their clients, rather than maintaining a database." "We believe the CIE system depends too heavily on broker input of information and does not offer a level playing field See net neutrality. for all market participants," Florance added. "As an independent provider of market information, we believe we have a better model and offer a far greater value." |
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