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RealPage Review

RealPage
Our score: 9.8 User satisfaction: 100%

What is RealPage?

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.

Overview of RealPage Benefits

Feature-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.

Overview of RealPage Features

  • Feature-Rich Accounting System
  • Accounting Services
  • Automated Budgeting
  • Spend Management
  • Compliance Monitoring
  • Paperless and Flexible Document And Content Management
  • On-Site Property Management
  • Facilities
  • Vendor Crendentialing

RealPage Position In Our Categories

Knowing that companies have distinct business-related demands, it is practical that they avoid picking a one-size-fits-all, ”best” software product. Still, it is nearly futile to discover such a software solution even among popular software products.
The sensible thing to undertake is to tabulate the varied main aspects that demand investigation including important features, plans, technical skill ability of staff members, organizational size, etc. Next, you should double down on your research systematically. Browse through some RealPage reviews and explore each of the software products in your list in detail. Such well-rounded research can make sure you stay away from ill-fitting applications and pay for the system which offers all the aspects you require business requires to achieve growth.

Position of RealPage in our main categories:

TOP 1

RealPage is top 1 Property Management Software product

If you are considering RealPage it might also be sensible to examine other subcategories of Property Management Software collected in our database of B2B software reviews.

There are well-liked and widely used systems in each software category. But are they necessarily the best fit for your enterprise’s unique needs? A market-leading software solution may have thousands of users, but does it offer what you require? For this reason, do not blindly invest in popular systems. Read at least a few RealPage Property Management Software reviews and consider the aspects that you wish to have in the software such as the fees, main features, available integrations etc. Then, choose a few solutions that fit your needs. Check out the free trials of these products, read online opinions, get explanations from the maker, and do your research systematically. This in-depth groundwork is sure to aid you choose the most excellent software application for your firm’s unique requirements.

How Much Does RealPage Cost?

RealPage Pricing Plans:

Free Trial

Quote-based Plan

Contact vendor

RealPage SMB and enterprise pricing plan information is available upon request. Contact the company’s sales department, and get your quote.

User Satisfaction

Positive Social Media Mentions 40
Negative Social Media Mentions 0

We realize that when you make a decision to buy Property Management Software it’s important not only to see how experts evaluate it in their reviews, but also to find out if the real people and companies that buy it are actually satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and RealPage reviews across a wide range of social media sites. The data is then presented in an easy to digest form showing how many people had positive and negative experience with RealPage. With that information at hand you should be equipped to make an informed buying decision that you won’t regret.

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Technical details

Devices Supported

  • Windows
  • Android
  • iPhone/iPad
  • Mac
  • Web-based

Deployment

  • Cloud Hosted

Language Support

  • English

Pricing Model

  • Quote-based

Customer Types

  • Large Enterprises
  • Medium Business

What Support Does This Vendor Offer?

  • email
  • phone
  • live support
  • training
  • tickets

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What are RealPage pricing details?

RealPage Pricing Plans:

Free Trial

Quote-based Plan

Contact vendor

RealPage SMB and enterprise pricing plan information is available upon request. Contact the company’s sales department, and get your quote.

What integrations are available for RealPage?

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:

  • Modern Message
  • Anyone Home
  • LeaseHawk
  • Happyco
  • InfoTycoon
  • Notifii
  • Affiliated Creditors, Inc.
  • BYL Collections
  • Fair Collections & Outsourcing, Inc.
  • NCC Business Services of America, Inc.
  • RentCollect Global
  • National Credit Systems (NCS)
  • Apartments 247
  • Knock
  • Power Pro
  • Spherexx
  • Building Engines
  • Nexus Systems
  • Mobile Doorman
  • Parcel Pending
  • Compatibility
  • Nationwide Energy Partners
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Reviewed By Nestor Gilbert
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