Unlimited users and unlimited storage for $250/year.
Real estate client success stories
REALworkspaces was created to help companies in the business of operating and managing real estate effectively deal with the mountains of documents they generate. Over the past 5 years, we have watched our clients use REALworkspaces to streamline operations, speed-up real estate transactions and move ahead of their competition.See some of the clients who are using REALworkspaces to store and share documents more efficiently.
A Better “War Room”
Dunhill Partners is a commercial real estate
brokerage and investment
a REALworkspace you can act on deals "at the click of a
firm that currently owns and
manages more than 4 million square feet of retail
properties. Dunhill Partners specializes in the
acquisition, sale, leasing and management of commercial
property, making it a “one stop shop” for real estate
transactions. With the volume of documentation involved
in acquisitions and dispositions, they wanted to replace
their existing tool with a simple-to-use, intuitive
online data room that presents data in an attractive
manner, with a clean and simple organizational
Immediate Access for All Parties to a Transaction
Micah Ashford, Executive Managing Director, finds REALworkspaces the perfect solution. “We were very pleasantly surprised at the sophistication of REALworkspaces, and received much more than we had anticipated by moving systems, “ says Ashford. “What used to be a two week ordeal of shuffling documents back and forth is now immediate for all parties involved (brokers, appraisers, equity lenders, surveyors, etc.)”
Competitive Advantage of Speed to Market
As an added benefit, Ms. Ashford has also positioned Dunhill Partners with a significant advantage over competitors by its ability to act upon new deals as they become available, “at the click of a button.” She reports “without knowing it, we have moved to the front of the line when it comes to transactions, and we’re happy to be there.”
Holliday Fenoglio Fowler
Holliday Fenoglio Fowler, L.P. (“HFF “) is a large
provider of commercial real estate and capital markets
services to the U.S. commercial real estate industry.
HFF offers a range of capital solutions including debt,
equity, financial advisory, investment sales, loan sales
and loan servicing. HFF needed a “smart” system to
support an average of 3.6 closings per business day
across 17 offices nationally, with transactions ranging
from $1 million to over $2 billion.
"REALworkspaces provided the perfect solution."
Affordable and Scalable
“We needed an affordable virtual war room that was feature-rich, simple to use and offered room for growth,” says Nancy Goodson, Chief Operating Officer. “REALworkspaces provided the perfect solution and we have been thrilled with the quick adoption rate, standardization and increased efficiencies that ultimately benefit our clientele.”
HFF chose to custom-brand their REALworkspaces with the company logo and developed a standard folder structure with pre-set user groups and security. “REALworkspaces also offered customized, self-administered functionality that other solutions could not. With a national rollout requirement to 17 offices, REALworkspaces provided an easy-to-use and quickly adoptable solution that provided results for HFF clients instantaneously.”
David Hicks Company
David Hicks is a commercial real estate broker who
provides marketing, sales and development services to a
select group of land investors in North Texas. He uses
REALworkspaces to run a small company efficiently.
"It helps me save time and work smarter".
David sets up a REALworkspace for each property listing. The REALworkspace contains marketing information, maps, photographs, site plans, zoning ordinances, and other data relevant to the property. Once a deal goes under contact, the REALworkspace becomes a central repository for all documents needed for the transaction to close.
David likes the ability to get documents to his clients and customers without having to send multiple emails. “Often people do not organize their documents, and given the length of a typical real estate transaction (six months to two years) much time is wasted resending documents when the parties can’t find them.”
A key benefit of using REALworkspaces for David is how it makes it easier for people to do business with him. He says the system is intuitive and familiar to anyone who uses Internet Explorer’s folder and subfolder organization. He also appreciates how it frees him up to access his documents anywhere.
“REALworkspaces distinguishes me from my competitors. Most of them don’t have anything like it. It enables me to continue providing my clients with the caliber of service they expect, without adding administrative personnel as my business grows. I chose to custom brand my REALworkspaces, and the link to login on my website and my branded login portal reinforce the quality of my company’s image.”