RealSpace is a customer relationship management (CRM) software that offers an end-to-end solution for managing a real estate business. Its main features include lead management, listing management with Multiple Listing Service (MLS) integration in the USA and Canada, deal and transaction workflow management, real estate websites, calendar and task management, and advanced reporting. Its pricing ranges from $59 to $95 per user, per month. It is best for real estate firms with an established pool of clientele or those who receive a steady flow of potential leads.
RealSpace Pros & Cons
Accessible via Android and iOS mobile devices
Expensive pricing options
Offers analytics and real-time data reporting
Limited pricing plan options—there are currently only two available, and there’s a big pricing gap between the two options
Reliable customer support
Who RealSpace Is Best For
- Real estate professionals with no technical background: RealSpace has an intuitive interface and is easy to set up. It offers users an extensive library of online self-help aids and tutorials to help new users get up to speed. It is also an off-the-shelf software as a service (SaaS), and you can start using it right away.
- Users that need ready-made marketing materials to promote their business: RealSpace provides users with marketing tools, such as templates for brochures, newsletters, email templates, and letterheads, that have themes specific to real estate. It also provides tools to create mobile and desktop-optimized sites that are visually appealing to potential clients.
RealSpace’s pricing ranges from $59 to $95 per user, per month. The main difference between the plans is access to premium features, such as transaction and deal management, automation, and custom reports.
Transactions and Deals
*Annual plans are paid in full at the start of the billing cycle.
Those interested may sign up for a 14-day free trial.
The Standard plan offers the basics and essential features to help you manage real estate listings. These features include lead generation and management to help you keep track of all your leads and their particular requests for a real estate property. Its SMS and email marketing tools let you stay in touch with your contacts with all recent updates, news, or promos. It also has team management functionalities that enable you to have visibility on everything that your team is doing, so nothing falls through the cracks. Its document management capabilities allow you to access and manage all the essential data and documents directly from the platform.
The Pro plan offers everything under the Standard plan. It also provides premium features that include transaction and deal management, giving you close visibility on deals that are critical to be closed and won. Its automation capabilities eliminate the need to manually perform repetitive tasks. It also offers custom reports that you can design based on your team’s preference and requirements, as well as custom fields that let you add fields for relevant data that were not predetermined by the software.
RealSpace provides an extensive set of real estate CRM tools designed specifically to help you manage your customer relationships better, get more leads, and continuously grow your business. Below are its key features.
Transaction & Deal Management
RealSpace’s transaction and deal management tools enable you to stay on top of your deals with its comprehensive paperless transactions management module, as well as event-triggered action plans that are easy to set up and follow.
RealSpace also helps you monitor your deal progress through its timeline view that provides a clear visual snapshot of transaction road maps.
You can also create a customized formula to calculate commissions for each deal with its commission calculator.
Lead Generation Management
RealSpace lets you receive leads in real-time whenever an interest is registered on a property portal or your website. This functionality enables you to reach out to potential leads at the time when their interest is high.
The platform provides an extensive client view that allows you to compile key information, so you can easily distinguish “hot,” ready-to-transact leads from the get-go.
It lets you deliver a personal touch to your lead communications with its auto-match feature. At the same time, the contacts screen prompts you to record birthdays, hobbies, and other significant information to build a relationship.
You can choose from RealSpace’s range of customizable website templates and create an attractive online presence that works across multiple devices. Its designs cater to the real estate industry, and its features include an intelligent search engine, recommended properties, real-time synchronization of listings, and content management system.
You can also showcase your brand by applying your corporate design to any client-facing communication, be it brochures, email templates, or letterheads.
Reports & Analytics
Through RealSpace, you will know where your business stands across individual, departmental, and branch-levels using its analytics module.
It also enables you to build comprehensive reports through its Report Wizard that lets you build detailed reports easily. You can also view your data summary in easy-to-understand graphics and charts at the touch of a button.
With its Agent Leaderboard, managers can find out who their top producers are by listings, leads, deals, and more.
RealSpace Alternatives 2020
Real Estate CRM
Agents who need an affordable and comprehensive industry-specific CRM
Agents who want advanced customization and sales reporting with a free starting price
Agents seeking a CRM with a highly visual pipeline for lead tracking
Agents who need advanced real estate marketing technology like video email
Agents who need an easy-to-use, intuitive real estate CRM interface
Large teams looking for a real estate-focused lead management features and third-party integrations
Most Helpful RealSpace Reviews
Most RealSpace reviews found online are positive. Users highlighted its ease of use with a very smooth user interface that’s simple to understand. They also commended the customer support team for being friendly and reliable.
Most helpful positive review: Boosted team’s productivity & made internal operations seamless
One user who gave RealSpace a positive review on Software Suggest said that it is a fun and effective real estate system. He noted that RealSpace is very easy to use, and that it has kept his team focused and task-driven in the last two years. According to him, “all of our clients, contacts, and notes are in one single place. My team can even schedule the next ‘to-do’ for every client account. After every login, there is a list of calls, meetings, and follow-ups that are already planned.”
Furthermore, he said that RealSpace has helped them to stay in touch with present and potential clients. He added that there had been an evident increase in employee productivity along with a smooth running of internal operations.
Most helpful negative review
As of the date this article was written (May 28, 2020), there are no negative reviews about RealSpace online.
RealSpace Frequently Asked Questions (FAQs)
What kind of support do you provide?
RealSpace provides support via email or telephone seven days a week.
What type of real estate professionals can use RealSpace?
RealSpace is suitable for brokers, agents, and property managers—either individual users working autonomously or for large teams. Currently, it has the whole spectrum of users using the software, from independent agents up to hundreds of agents in multiple locations, even multinational companies.
What will happen at the end of my free trial?
At the end of your 14-day free trial, you will receive a notification from RealSpace’s system informing you that the trial has ended, and you will be presented with an option to continue with a paid account or cancel your account. The account you created during your free trial will become the main one you will use permanently. There is no need for you to set up a new account.
Can we use RealSpace as a team?
Yes. RealSpace can be used by both teams and single users. Whether you are a small local office of two to three agents or part of a large multinational franchise, RealSpace is customizable to suit your needs.
RealSpace provides an easy-to-understand platform that offers specialized functions for brokerage, property management, and developer sales. Its straightforward back-end provides a centralized snapshot of everything that is important for their business, from sales and level of success in transactions to lead pipeline and property management.
The main make-or-break consideration is its steep pricing. Hence, the software is recommended for more established real estate businesses with a large volume of properties to manage.
If you are not sure if RealSpace is right for you, this article on the best real estate CRMs is a review of our top choices. Our team looked at a variety of solutions and narrowed down our recommendations based on price, tracking features, ease of use, customer service, and reporting options.