RealPage is a comprehensive and efficient suite of property management software solutions used for streamlining the tasks related to managing rental property businesses that deal with different renters. Thus, the suite is ideal for rental property owners and teams that are handling commercial, affordable, student housing, senior living, military housing, single family, or vacation rental properties. The integrated and end-to-end web-based solution delivers an accounting system that helps rental property owners and staff simplify their financial processes and workflows, centralizing all their transactions and automating financial responsibilities.
The property management solution also offers users the ability to perform accurate budgeting wherein manual data entry is eliminated and complex calculations are made easy. It has a robust and flexible document management tool that permits them to organize, search, publish, store, and secure electronic records of different types such as compliance documents, resident documents, financial statements, and training resources. RealPage is equipped with teams of compliance professionals that provide services so that property owners and managers are able to comply with federal, state, and local regulations.
Last but not least, the suite of property management solutions gives users the capability to verify the credentials of vendors, letting them conduct background checks and vendor risk assessments and make sure that vendors are in line with the standards and requirements of their business.
Show MoreFeature-Rich Property Management Accounting Solution
RealPage has a feature-rich property management accounting solution that enables property owners and staff to have full control over their financial processes and transactions. Eliminating manual and duplicate data entry, the accounting solution allows users to simplify how they perform back office accounting tasks. They will be able to sign documents electronically, conduct bank reconciliations, centralize disbursements, and access allocation tables. They can perform cash or accrual-based accounting, wherein all transactions are automatically posted on the general ledger in real time.
Financial Reporting
The solution also has robust financial reporting capabilities. Users can view key metrics through a customizable dashboard, letting them gain insights into the financial performance of their operations. They will be able to track their cash flow, view trends in spending, and evaluate their budgeting. In addition, the accounting solution is built with a financial report writer which lets users create, modify, and customize financial reports.
Accurate And Simplified Budgeting
RealPage streamlines the process of preparing budgets for properties. Through the aid of its property management budgeting system, users can create a budget for each of their property accurately. When they make changes to their budget model, these changes will be updated and reflected in the entire system. Also, they no longer need to worry about complex calculations, as the system can handle all of those for them.
Spend Management
The budgeting system of RealPage integrates seamlessly with its spend management solution. Thus, as users create invoices, make purchases, and manage vendor activities, RealPage automatically checks whether what they are generating and preparing complies with the budget they have assigned. They can determine if they are exceeding spending limits when they create orders for their properties.
Mitigate Risk With Compliance Services
RealPage also provides users with the capability to ensure that their properties and business processes comply with government regulations, covering federal, state, and local regulations. Through the compliance services offered by its expert teams, property owners and managers can continuously verify if their move-in certifications and annual certifications adhere to housing programs. The compliance experts can also assess applications being submitted by potential tenants and residents as well as review move-in processes.
On-Site Audit And Property Inspection
In addition, the compliance services include on-site audits and property inspections which help users ensure maximum accessibility to their properties and optimize building systems for longer property life.
Enterprise-Grade Document And Content Management System
RealPage has an enterprise-grade document and content management system which is designed for multifamily organizations. With such system, property owners, managers, and teams can keep electronic records of various types of documents such as corporate, property, and residential documents. The system offers an unlimited online storage that supports any existing disaster recovery plan or program.
Easy Document Access, Search, And Retrieval
The web-based document and content management system enables users to quickly upload their forms, photos, and other documents by simply dragging and dropping them. Once the electronic documents are stored in the cloud, they will be able to easily access and retrieve any document they need. The system comes with classifiers and dataset values which they can customize, allowing them to browse and search documents in various ways.
Secure Documents
Also, as users share documents with stakeholders or publish them on third-party websites, the system encrypts them; helping users protect and secure their documents.
Role-Based Document Access And Customizable Workflows
They can even create roles wherein access to documents can be restricted based on the type of document or file being shared, the specific departments users belong to, and owners of the properties. Additionally, the system permits the setting up of customizable workflows so that documents that require approval are automatically routed to the right individuals.
Vendor Tracking And Credentialing
Summing it up, RealPage provides a vendor tracking and credentialing solution that allows users to check if the vendors they are dealing with have a good insurance and financial standing, don’t have criminal records, and are passing background checks. This way, they will be able to reduce costs associated with vendor risk and liability, guarantee that vendors are able to deliver an outstanding service. and make sure that they comply with the guidelines and requirements of their organization.
Show MoreBearing in mind companies have unique business requirements, it is wise that they abstain from choosing a one-size-fits-all, ideal solution. Regardless, it is troublesome to find such application even among widely used software systems. The practicable step to do is to shortlist the various vital factors that require examination like major features, pricing, skill competence of the employees, organizational size, etc. The second step is, you should double down on your product research through and through. Have a look at these RealPage reviews and look into each of the software options in your list more closely. Such comprehensive product research can make sure you steer clear of unsuitable apps and select the one which meets all the tools your company requires for success.
Position of RealPage in our main categories:
RealPage is one of the top 3 Property Management Software products
If you are interested in RealPage it may also be a good idea to examine other subcategories of Property Management Software collected in our database of B2B software reviews.
Each enterprise has its own characteristics, and can require a specific Property Management Software solution that will be designed for their company size, type of customers and employees and even particular industry they deal with. We advise you don't count on finding a perfect software that is going to work for each company regardless of their background is. It may be a good idea to read a few RealPage Property Management Software reviews first and even then you should remember what the software is intended to do for your company and your workers. Do you require an easy and intuitive service with just elementary functions? Will you actually make use of the advanced functionalities required by experts and large enterprises? Are there any particular tools that are especially practical for the industry you operate in? If you ask yourself these questions it is going to be much easier to find a trustworthy software that will fit your budget.
RealPage Pricing Plans:
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RealPage Pricing Plans:
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RealPage SMB and enterprise pricing plan information is available upon request. Contact the company’s sales department, and get your quote.
We are aware that when you make a decision to purchase a Property Management Software it’s important not only to see how experts rank it in their reviews, but also to check if the real clients and companies that bought this software are indeed content with the product. Because of that need we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and RealPage reviews across a broad range of social media sites. The data is then presented in a simple to digest form showing how many users had positive and negative experience with RealPage. With that information at your disposal you will be prepared to make an informed purchasing choice that you won’t regret.
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RealPage integrates with services, applications, and systems used for advocacy marketing, answer automation, asset management, blast communications, collections, digital marketing, facilities management, invoicing, resident services, roommate matching, and utility billing which include the following:
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ADD A REVIEWThe most favorable review
PROS: It is an easy-to-use and intuitive application that we do not spend so much time training new users. But the best thing about it is how it lets us screen applicants on the same platform.
CONS: I have no problems with RealPage.
The least favorable review
PROS: Not sure I see any benefit if the persons running the program don't understand what agents are submitting as proof of insurance.
CONS: Staff is not trained to read certificates of insurance. Constantly rejecting Certificates even though we've supplied ALL requirements. Hard to get anyone on the phone, when you do, they don't know what they are looking at nor offer ways to resolve the issues.
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Very poor service
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PROS: Not sure I see any benefit if the persons running the program don't understand what agents are submitting as proof of insurance.
CONS: Staff is not trained to read certificates of insurance. Constantly rejecting Certificates even though we've supplied ALL requirements. Hard to get anyone on the phone, when you do, they don't know what they are looking at nor offer ways to resolve the issues.
The most user-friendly property management solution
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PROS: It is an easy-to-use and intuitive application that we do not spend so much time training new users. But the best thing about it is how it lets us screen applicants on the same platform.
CONS: I have no problems with RealPage.
All about RealPage
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PROS: RealPage has an accounting module that is easy to use even for users who are not well-versed in accounting.
CONS: RealPage needs to update its billing feature because it treats every cost inputted as a cost for the property only. RealPage's support is also not excellent because they are slow to respond to issues.
Using RealPage as a property supervisor
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PROS: RealPage is a very user-friendly application that lets us complete our tasks without issue.
CONS: I do not like the interface. The system is slow to respond at times. I also find it problematic that we cannot add payments to our home tab and how we cannot use it fully on Chrome.
User-friendly and sophisticated design
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PROS: RealPage's modules are meticulous in their data gathering apart from being intuitive. The great design also helps us navigate the solution smoothly and complete our tasks quickly. Moreover, the analytical capabilities of the software help us take a comprehensive view of our property's operations. It is also a plus that we can tailor the application to our needs, especially when we have different types of properties in our portfolio.
CONS: There have been instances when RealPage crashes, causing us to lose all the data we have just entered. This does not happen often but we would prefer that this does not happen at all. It would also be nice if they redo some of their knowledge base articles because they assume that the readers have a good grasp of the topic already.
About RealPage
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PROS: RealPage has allowed us to go paperless since it lets us store any kind of document.
CONS: RealPage has response problems some times that interrupt our workflow.
Wonderful software for renting out space
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PROS: It is better for us to use RealPage than Microsoft Word.
CONS: It freezes at times but its benefits still outweigh its disadvantages.
RealPage is a good solution despite being frustrating to use at times
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PROS: RealPage is our only go-to for our property management requirements.
CONS: I don't like that I am not able to customize the software for my needs so I ended up having a lot of workarounds that do not make things more efficient.
User-friendly
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PROS: RealPage has made an effort to make its solution easy to use. It makes information easier to find because we can change how the home dashboard looks. Because of it, we managed to consolidate all our records from the property to the clients.
CONS: I wish that there are more resources to help us get to know the application more. It is frustrating that when we run into problems, we cannot find the answer easily from the knowledge base. Plus, the lease term options are limited.
My experience using RealPage
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PROS: I noticed that RealPage support is quick. Within 24 hours of posting my ticket, it is already resolved. Because of this fast response, we can conduct our business without problems.
CONS: It is bothersome to open a ticket every time we have queries.
My experience using RealPage
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PROS: Since we record how much our applicants earn, we encounter errors in that area from time to time but RealPage makes it easy for us to correct them. Furthermore, it is intuitive and screens applications quickly.
CONS: Some browsers do not support RealPage and it is a problem for us because we have our preferred browsers. It would also be nice if they include more visibility into credit information or the background of applicants.
What I think about RealPage as a leasing consultant
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PROS: The best thing about RealPage is how it reduces data entry. When I enter information to it, it automatically fills in other relevant fields. This is very helpful in our check processing and rent management workflows. Aside from that, I like the reporting capability of the software, too. It lets me add as many details as I need to one report so I do not have to generate different reports.
CONS: The only problem I have with RealPage is how it makes it difficult for us to oversee multi-site properties.
A comprehensive product for property management
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PROS: RealPage has plenty of modules that help us do our property management tasks without a hitch. I especially like their intranet feature, which enables us to communicate with our tenants on a secure channel. But this communication is not just one way--it lets our clients lodge maintenance requests and to have exchanges with their fellow tenants, too.
CONS: The only difficulty I have encountered with RealPage is with its API. We want to customize our website and to allow our customers to interact with our website but the API is difficult to obtain.
An all-inclusive property management software
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PROS: RealPage is the only software we need for our property management and accounting needs. It has everything from leasing and rent management modules to administrative and accounting features. It even connects with a wonderful payment processing application as a plus.
CONS: It would be great if RealPage makes the interface more intuitive. However, the updates they are releasing are doing the opposite of that.
From the perspective of a leasing consultant
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PROS: I don't encounter any difficulties when entering information into the system and when looking for it again.
CONS: It is not so easy to export reports in a format that can be read by Excel
Reliable Support Team
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PROS: RealPage is a truly comprehensive property management software that is also equipped with top-notch accounting tools. Our company doesn't have to look far because it has everything we need. Moreover, RealPage has seamless integration with Novice Pay.
CONS: RealPage is trying too hard to update their GUI but this is backfiring on them. I wish they would reinstate the old interface design instead.
A simple and affordable solution
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PROS: RealPage combines robust property management tools with strong accounting features. Because of that, we rely on it only for our needs on both aspects. It has been enabling us to communicate better with our tenants as well, especially when it comes to their maintenance requests and with their rent reminders. It has wonderful features that let us take a good look at our properties as well.
CONS: Though RealPage is making an effort to roll out updates regularly to make the solution instinctive, it has rather become difficult to navigate instead.
User-friendly, web-accessible application
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PROS: I like how it lets me move between different screens with ease. It also lets me get the same information in different ways, especially residents' information. I also enjoy its capability to provide numerous reports that I can customize as well. With its intuitiveness, our busy office has become efficient.
CONS: There have been times when it was difficult to customize the reports. They should offer more options.
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Very poor service
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The most user-friendly property management solution
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All about RealPage
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Customer Support
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Using RealPage as a property supervisor
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User-friendly and sophisticated design
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