I want to get Costar or Reonomy not sure what to get
I am a real estate investor looking to target Commercial Brokers and Commercial land lords. I talked with a Costar rep yesterday and he quoted me $850 for 2 national licenses for costar stating that they no longer support local accounts. I only need one but the basic package is 2. I may go with reonomy, seeing that the monthly fee is around $400 and has single licensing. Does any one have experience with either of these products?
[{"id": "idn1ybo", "text": "I have both products. Can you explain what exactly you\u2019re trying to do? CoStar is better at comps and researching market players (like say, if you want to find % share for a certain asset class by geography or owner). Reonomy is better for finding contacts, skip-tracing. Reonomy AI is great at providing ownership data that\u2019s not widely available. I like their mailing product too. On a few occasions I get personal cell phone numbers for owners.", "replies": [{"id": "idn2elg", "text": "I'm trying to source distressed commercial property to purchase not a huge company just a solo shop. Transitioning from 20 single family deals annually to 3-4 bigger deals", "replies": [{"id": "idn2xgw", "text": "Either would work for you. Personally I\u2019d go Reonomy as it\u2019s slightly less expensive. My Reonomy sub is included in my desk fees and I pay separately for co-star, as most brokers I know do as well. A couple questions: What states are you targeting? Lots of states keep LLC public data with phone numbers located in incorporating or annual docs. But Reonomy AI somehow finds phone numbers I can\u2019t - especially mobile numbers. Further, if you want to do mass mail campaigns to owners, Reonomy has a tool for that Costar does not.", "replies": [{"id": "idn4ybe", "text": "Primarily VA, NC, SC but if a property fits my criteria I'll buy anywhere as long as the population is above 75,000 and median income above 60k.", "replies": [], "depth": 4}, {"id": "idn56xz", "text": "I am more so looking to sort through the inventory that is out there and contact brokers or property owners that way.", "replies": [{"id": "idpc9i3", "text": "I think Reonomy is way to go for you. I like costar for research, comps and market players.", "replies": [], "depth": 5}], "depth": 4}, {"id": "idpnkh6", "text": "I can print true property contact information and addressed right onto mailing labels. I use costar for that often. Just fyi! \ud83d\udc4d\ud83c\udffc\ud83d\udcaa\ud83c\udffc", "replies": [], "depth": 4}], "depth": 3}], "depth": 2}, {"id": "idpb14o", "text": "I like Reonmy better lol cant wait to get", "replies": [], "depth": 2}], "depth": 1}, {"id": "idn3b1i", "text": "Costar is love, costar is life. Title may have distressed info, I remember realquest had a reo and pre forclosure tool that people wanted last time, and then trepp for the bigger stuff.", "replies": [{"id": "idn51hu", "text": "thats what I hear, are you paying $800/mo nationally or did you get in when they still supported local data?", "replies": [{"id": "idngv7x", "text": "My company pays for it, like 400k a year", "replies": [{"id": "iggry61", "text": "&gt;I am more so looking to sort through the inventory that is out there and contact brokers or property owners that way.\n\nwow, is the an investing firm or a brokerage, I am an individual investor", "replies": [{"id": "ighkung", "text": "Brokerage. It is a per user fee and everyone on the office needs a license", "replies": [], "depth": 5}], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "idprkqj", "text": "Canyon Data is a new company just starting. Only in Boise so far but say they are expanding to NW.  seems like they have the comps reonomy doesn\u2019t have.", "replies": [], "depth": 1}, {"id": "idpyfzh", "text": "I\u2019d look at Ten-X. It\u2019s free. Properties like what you are looking for every two weeks. Gives you all the due diligence up-front. Very streamlined.", "replies": [], "depth": 1}, {"id": "idq1nbr", "text": "We have just made the switch from reonomy to costar. Private equity lender $50m+. COSTAR is the far superior product. For whatever facet your utilizing the software for, costar costar costar.", "replies": [{"id": "iewft5m", "text": "buckled in and invested in  a 2 year subscription for costar, I only need to buy one deal for it to pay for itself. In your experience is costar just as good as reonomy for creating off market property lists as well?", "replies": [{"id": "j05p75g", "text": "Lol, you sound like one of the minion costar biz dev trolls. Never use that. Buy one deal for it to pay for itself line again \ud83e\udd13", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "idqc3x3", "text": "What is with people here getting fleeced so hard by CoStar? I thought larger shops had to pay more per user but my firm is paying less than half what is getting quoted in this thread ($5B+ AUM)", "replies": [], "depth": 1}, {"id": "idt5i8j", "text": "No one uses AxioMetrics?", "replies": [], "depth": 1}]