While there are many platforms to find commercial properties for sale or lease, the best deals are often found off-market. These properties, however, are often elusive. Finding the true owner of the property often involves digging through layers of shell corporations and holding companies. Even if you are able to find the true ownership entity for the property, finding contact information for the person in charge can be extremely difficult. Fortunately, there is Reonomy.
Reonomy aggregates property data, owner contact information and, when available, loan information about properties across the country. It utilizes a simple search interface with excellent filters such as property type, building and lot size, sales and debt history, owner name, and more. Reonomy’s interactive GIS map makes searching, tagging and categorizing properties extremely simple. Pricing begins at $299 per month and there is an annual contract requirement. In our experience, Reonomy’s property records themselves are very accurate (as they generally pull from municipal records) however, owner contact information is not always 100%. Reonomy’s technology does its best to correlate listed owner information with best possible matches for address, phone and email contact, but with the sheer volume of contact information out there, it’s not always right. As a result, we recommend using Reonomy as a starting point before conducting further open-source data mining to find current, accurate contact information. It’s something we do as standard practice, and can save you time by doing it for you.
Overall, Reonomy is a fantastic tool for finding off-market property information quickly, especially if you devote time to learning how to use it. Searching for sites is tedious and time consuming no matter what application you use, but Reonomy makes much more efficient use of your time. If you enjoyed this Reonomy review and want to learn more about how Location Intelligence can be used to grow your business, contact us today.