Meet The Real Estate Tech Entrepreneur: Anthony Romano from CREtelligent
This week, we interviewed Anthony Romano from CREtelligent.
Without further ado…
Who are you and what do you do?
My name is Anthony Romano, and the CEO of CREtelligent. Our CRE due diligence platform and services expedite transaction times for all participants in the commercial real estate ecosystem.
We service CRE brokers, lenders, credit unions, REITS, insurance firms, retail businesses, legal firms and more. We offer both expert opinions and data interpretation before, during, and after the transaction. Our goal is to empower the CRE industry by solving the time-consuming due diligence processes ruled by manual, disconnected practices.
What problem does your product/service solve?
Our world-class platform modernizes the commercial real estate due diligence process by providing accurate, fast, and reliable data insights. The solution enables commercial real estate professionals to order, status, deliver, and archive property-related due diligence services like environmental assessments, valuations, flood zone determinations, property inspections, and more.
Our full suite of due diligence environmental solutions spans environmental assessments, inspections, valuations, and flood zone determinations. With our industry-leading EnviroPreScreen report, prospective CRE buyers can see a snapshot of their potential risk in 30-seconds or less.
We make sure our clients have access to instant and intelligent commercial real estate data so they can make faster, more informed decisions and speed up transactions. CREtelligent’s full suite of solutions makes it the one-stop-shop for commercial due diligence before, during, and after the transaction.
What are you most excited about right now?
Our business has grown dramatically in the last twelve months. While the health and human impact of COVID have been tough to watch, we’ve experienced many silver linings. We’ve hired over a dozen extraordinary new team members, added more than 70 new clients, and are continually expanding our product, solution, and service offerings.
We just finished launching a net promotor survey (NPS) to our client base and the feedback was tremendous. We scored in the top 1% of all firms in our category. It is great to see our customers validate what we are doing and appreciate the value we add.
What’s next for you?
Part of my role as CEO is setting the pace. While I want to see us go fast, our ethos and culture ensure our employees are healthy and balanced. We’ve launched several internal wellness programs that are having solid traction. We know if we take care of our employees, they will do the same for our clients. Beyond growing organically, we made our first acquisition in December of 2020 and plan to close our second next month. This is a very fragmented industry and we see a real opportunity for roll-ups.
What’s a cause you’re passionate about and why?
I’m a board member of a regional non-profit that works on domestic and family violence issues. We’ve worked hard to expand the services to reach those impacted earlier in the process. The pandemic has caused a severe distraction, depression, and hopelessness for many people which leads individuals to desperation. We’ve added programs and services to help individuals and families with tools the manage and cope and it is something and I passionate and proud of.
Thanks to Anthony for sharing his story. If you’d like to connect, find him on LinkedIn here.
We’re constantly looking for great real estate tech entrepreneurs to feature. If that’s you, please read this post — then drop us a line (Community @ geekestate dot com).