How does Reonomy work?
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
How does Reonomy compare to CoStar?
Reonomy has a good database, even though it’s a bit flawed when it comes to rural areas, and its pricing is rather moderate when compared to its competitors. So even though CoStar is a bit better in terms of the quality of information it offers, Reonomy still has its uses and is popular among real estate agents.
How do I run comps for commercial property?
Traditionally, commercial real estate comps could be found by scouring through public property records and compiling data to analyze. Reonomy helps identify properties with similar data points to the property of your choice. The only information you really need is the address of the property.