What is Reonomy and How Does it Work?

Reonomy Overview

Reonomy is a commercial real state data platform that ingests over 100 sources of data, including multiple proprietary and public data feeds as well as crowdsourced information, and then crunches it using artificial intelligence to provide market intelligence for developers, investors, brokers, and anyone else involved in the commercial real estate (CRE) ecosystem.

Reonomy has over 100,000 clients — with single customers sometimes covering numerous users — and a database with over 50 million properties, accounting for nearly all of the country’s commercial inventory. The database also contains 80 million businesses, 300 million people (those connected to the properties), 38 million mortgages, and 68 million property sales.

How Does it Work

Reonomy sees itself as a tool for not only getting a better view of what’s going on right now, but also for predicting what might happen in the future. The pitch is that this is a must-have because of the numerous various sources of information that are gathered into its larger database, but the alternative — constructing it yourself — would take a lot of man-hours and money to attain and understand.

Customers can choose from two solutions — the web application and data solutions. With the help of the web application, you can improve the effectiveness of your team’s business development activities by learning more about markets and recognizing possibilities and prospects.

You can also discover any commercial property, anywhere in the United States, and find properties of interest in a fraction of the time it takes to look for them. Moreover, you can easily customize your search on over 50 million properties with over 200 filters to find your next opportunity.

When it comes to data solutions, Reonomy helps users strengthen their organization by cleansing and augmenting their data. Their API allows Reonomy to integrate the data into the internal systems of a client’s company for a completely customized experience.

Users can also receive customized data feeds and access sales and debt data in order to have a better understanding of a property’s history and potential.

Who is it Reonomy for?

Reonomy was created specifically for professionals in the commercial real estate business who need a bespoke digital solution for a variety of brokerage and marketing services.

The platform’s features and main offerings are targeted to this niche, giving brokerage companies and real estate experts a complete solution.

Customer Profiles

Reonomy’s customers include not only property acquirers and mortgage lenders, but also individuals who engage in the property business on a more hands-on level, such as roofers who might want to get a list of structures built over a given period of time in order to generate a list of leads for homes that may need a roof replacement.

The company already covers nearly all commercial real estate in the United States, and the objective is to expand the concept to overseas markets like as Canada, Asia, Australia, the United Kingdom, and Europe.

Current Reonomy Customers

Current Reonomy customers include a wide range of CRE firms such as Lee & Associates, Citi Habitats, Avison Young, SVN, Compass Commercial, JLL, Brookfield, CBRE, Cushman & Wakefield, Besen & Associates, Flushing Bank, Cornerstone Capital Financing, Niche Loans, Bond Real Estate, and Newmark Knight Frank.

Reonomy competitors and alternatives

Reonomy delivers a comprehensive platform with a wide range of capabilities for commercial real estate professionals.

To get their properties listed online and attract more visitors, real estate companies can now use a variety of real estate software and bespoke web design services. There are also various other choices available to real estate professionals for developing and managing their property listing pages.

Some of Reonomy’s competitors include:

• CompStak Prospect
• CoreLogic HPI
• CoreLogic Realist
• Crexi
• Estated
• REIS Real Estate Solutions
• VTS
• Yardi Advanced Budgeting & Forecasting

Reonomy delivers a comprehensive platform with a wide range of capabilities for commercial real estate professionals.

To get their properties listed online and attract more visitors, real estate companies can now use a variety of real estate software and bespoke web design services. There are also various other choices available to real estate professionals for developing and managing their property listing pages.

Working with a web design company that solely works with real estate and brokerage firms is one such option. You will receive undivided attention from people who are experts in their field.

However, one disadvantage of this approach is that a web design service for a real estate company might be costly. Data analysis, marketing services, document development, and a variety of other services would be required.

Another option is to use a content management system and change and post content on property listings using their configurable templates. However, handling all of the real estate marketing and selling operations on one’s own can be tough.

Contact information

You can contact Reonomy at 646 882 6260 or by emailing info@reonomy.com. The company has lots of helpful guides and blog posts on the site that can help prospective clients find out more information about the features and services.

Reonomy pricing

Reonomy offers a free trial for the Web Application and potential clients can also request a demo for the data solutions.

For details about pricing, users need to contact Reonomy. The company offers both a free and subscription model, but pricing may depend on what features a user needs and the size of their company.

Login information

Reonomy has a simple login procedure. The user only needs to input their username or email address and password while logging in. The client’s email address is used to send a confirmation email. After confirmation, the user is granted access to the website.

Reonomy encourages prospective clients to contact them after completing a standard information form.

At the moment, only users located in the United States can login into the Reonomy platform.