Overview of Reonomy
Reonomy is a leading commercial real estate (CRE) technology and data solutions provider, designed to revolutionize the way professionals in the CRE industry access, analyze, and utilize property intelligence. Here’s a detailed look at what Reonomy does and its key features:
What Reonomy Does
Reonomy is an AI-powered data platform that aggregates and analyzes vast amounts of property, market, transaction, and owner data from both public and private sources. This comprehensive data network is accessible via the Reonomy web application, enabling CRE professionals to make informed decisions, identify off-market opportunities, and streamline their research processes.
Key Features and Functionality
Comprehensive Data Coverage and Property Search
Reonomy boasts an extensive database covering over 54 million commercial properties, 68 million property transactions, 5.2 million companies, and 30 million owners and contact records across the United States. Users can access detailed data on property details, transaction history, occupant and ownership data, and more. The platform integrates data from exclusive partners such as CoreLogic, BlackKnight, and Dun & Bradstreet, as well as direct integrations with all 3,100 local county assessors, Secretary of States, and census data.
Advanced Search Capabilities
The platform offers advanced property search features with over 200 filters, allowing users to pinpoint specific commercial properties, comparable properties (comps), owner and contact information. Users can also search directly on an interactive map, using tools like radius and polygon searches to define specific areas.
Machine Learning and AI-Powered Insights
Reonomy’s machine learning algorithms resolve disparate records and map them to a unique Reonomy ID, creating a comprehensive knowledge graph that includes property, sales, mortgage, person, and company data entities. This provides users with the most comprehensive view possible, enabling them to discover trends, identify opportunities, and assess risks.
Ownership and Portfolio Analysis
Reonomy allows users to quickly view all assets owned by a single individual or company, including asset mix, location, debt, and tenant mix of the portfolios. The people resolution algorithm scans billions of records to connect users with the true owners of CRE properties, even through complex LLC structures.
Demographic and Market Data
The platform provides access to demographic and market data, supporting decision-making with insights into market trends, property sales, leasing activity, and other key market dynamics. This data is crucial for conducting thorough due diligence, evaluating market conditions, and uncovering new investment opportunities.
Custom Data and Analytics Services
Reonomy offers customized data and analytics solutions to meet the specific needs of individual clients and partners. Users can integrate Reonomy’s data into their internal systems via APIs or receive customized data feeds, ensuring real-time updates and streamlined data management.
User-Friendly Interface and Customer Support
The Reonomy web application is designed to be intuitive and easy to use, with a user-friendly interface that requires minimal training. The platform also offers robust customer support, including training materials and accessible customer service representatives.
Target Users
Reonomy is tailored for a wide range of professionals within the CRE ecosystem, including:
- Appraisers
- Brokers
- Construction and repair companies
- Energy companies
- Lenders
- Insurance companies
- Investors
- Service providers
- Tax professionals
Pricing and Free Trial
Reonomy offers several subscription plans based on the specific features and needs of the user’s business. Potential users can contact the sales team to find the best plan. Additionally, Reonomy provides a 7-day free trial of its web application, allowing users to test and explore its capabilities before committing to a subscription.
In summary, Reonomy is a powerful tool for CRE professionals, offering unparalleled data coverage, advanced search capabilities, and AI-driven insights to help users identify opportunities, make informed decisions, and drive success in their business.