How to Answer: Who are CoStar Group top competitors? Name for me one factor that we do better than the rest.
Advice and answer examples written specifically for a CoStar Group job interview.
2. Who are CoStar Group top competitors? Name for me one factor that we do better than the rest.
How to Answer
The work that CoStar Group Inc. is bringing to the world is relatively new in the online real estate industry. For that reason, it's essential that you come to your interview with a great idea of what they do, and who is trying to compete with these efforts. Take some notes on their competitors and take the time to compare services. What do you believe is the stand-out factor for CoStar Group Inc.?
1st Answer Example
"I understand that you were one of the first to market with a full-service online property platform and today your top competitors are (A), and (B). One factor that stands out to me, above all the rest, is the fact that your platform offers many add-on services such as a sales proceeds calculator, home estimation tools, and local news feeds for your users to stay in-the-know on what is happening in their marketplace."
2nd Answer Example
"Research shows me that your top competitors are (A), (B), and (C), although CoStar Group Inc. was the first to market with many services that went beyond offering static listings. I understand that you source insights from the people who live in particular neighborhoods so that you can offer new buyers a deeper understanding of the community they are interested in moving. Passing along advice from local real estate agents, brokers and other real estate professionals is another reason why CoStar Group Inc. stands out above the rest."