Realtyzam Review 2024
With the help of our in-house editorial team, our platform’s members and external subject matter experts, this comprehensive review of Realtyzam software became possible and available for free to those considering this solution!
In this review we evaluated Realtyzam’s features, plans, pricing and other important aspects to help our readers make a more educated purchase decision.
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What Is Realtyzam?
Realtyzam is a cloud-based real estate software solution that helps real estate agents with their financial tracking and accounting needs.
By using the platform, real estate agents can track all their expenses and income, connect their bank accounts, and generate numerous reports, among other functions.
Realtyzam users can access the platform as a web app through a browser or as a mobile app. The app is available on Google Play and iOS App Store.
What Is Realtyzam Used For?
Realtyzam brings together financial tracking and reporting services into one simple solution that’s suited to newbie agents.
The following are some of the ways real estate agents can utilize Realtyzam in their business:
- Expense tracking — Realtyzam has an Expenses section with pre-built categories that real estate agents commonly use. Still, agents can add their own expense categories to track and log every expense and generate accurate reports.
- Income tracking — With Realtyzam, you can track how much you make from a deal or client by inputting the data or pulling it directly from your bank account. There are several categories to help you track various types of income.
- Receipt uploads and management — Users can seamlessly upload receipts to Realtyzam through the desktop version or mobile app. You can assign receipts to relevant transactions for future reference and accounting purposes.
- Bank account integration — Realtyzam users can connect their bank accounts and link their credit cards with a click of a button. By linking your account, the platform will automatically import transactions to the system so you don’t have to input data.
- Mileage tracking — Thanks to the Realtyzam mobile app, real estate agents can track their driving expenses and log them into the system for accounting and tax reporting purposes.
- Financial reporting — Realtyzam lets users generate various reports, such as profit and loss reports, commissions, and buyer and seller conversion rates, among others. Use date filters to generate reports for a specific period of time.
- Data exports — Real estate agents can seamlessly export and download reports to their computers for print. Realtyzam also allows you to export all your account data in Excel format when you terminate your service subscription.
Realtyzam Users Breakdown by Specialty
Is Realtyzam Legit?
Yes. Realtyzam is a legitimate financial tracking and real estate accounting software platform that has been in service since 2014.
In that time, the platform has grown to become quite popular among real estate agents, having received numerous testimonials on Facebook and software review sites like G2.
Additionally, the Realtyzam mobile app has hundreds of positive customer reviews across Google Play and the iOS App Store.
Realtyzam is also safe. The platform employs advanced technical and physical security protocols to protect your data and personal information.
Furthermore, data transmission between the company’s servers and your device is protected with bank-level encryption.
Realtyzam also has a Facebook page where users can contact the company directly.
Altogether, there’s enough evidence to indicate that Realtyzam is not a scam.
Realtyzam Customer Reviews
Realtyzam Pricing
Realtyzam is free to use for the first 30 days for all new users. During this period, you can try out the platform to determine whether it’s right for your business.
Once the 30 days are over, you will be required to join the paid subscription at a cost of $14 per month, or an $11.58 fee, if you choose to pay annually.
Some of the services you will have access to include:
- central dashboard
- bank account integration
- expense tracking tools
- income tracking tools
- financial reports
Group Pricing
Realtyzam offers a tailored subscription package for real estate companies with agent teams.
Here, you can choose the services you want and agree on a subscription fee with the help of a dedicated customer rep.
Realtyzam Coupon & Promo Codes
Realtyzam Features
Centralized Dashboard
Realtyzam has a central panel where real estate agents have an overview of all their activity. The panel contains the following key menus:
- Dashboard — This acts as a landing page when you launch the Realtyzam software. The dashboard provides a quick view of your finances.
- Sales activity — In this tab, you can monitor your commission payments, lead sources, discounts, broker fees, and the general incomes and expenses in each deal.
- Income — Here, you’ll get a breakdown of all your income which include commissions, interests, and others.
- Expenses — All expenses are recorded on this page and categorized based on the deal or client.
- Reports — Here, you can generate various reports, including a profit and loss statement, to use during a tax season.
Bank Account and Card Integration
Realtyzam allows users to connect their bank accounts with ease.
The software integrates with more than 15,000 banks and financial institutions to ensure that every customer can link their accounts.
By connecting your bank account and credit card, you can set up automated data feeds in which Realtyzam will import your transactions from your account.
As a result, the need for data entry is eliminated, and errors are significantly reduced.
If you’re not comfortable with linking your account, you can manually transfer bank statements and relevant documents.
Expense Tracking Tool
Realtyzam has a dedicated Expenses section with pre-built categories that are commonly used by agents.
You can also create custom categories to keep your finances organized. Some of the default categories include:
- Capital Equipment
- Estimated Tax Payments
- Mileage
- Meals and Entertainment
- Owner Withdrawals
Income Tracking Tool
Realtyzam is equipped with a dedicated Income tab where you can track how much money you make from a client or a deal.
Like the Expense tab, the Income section has default categories as well, which include:
- Commissions
- Miscellaneous Income
- Referrals
You can also add new categories or link your bank account to pull income transactions directly from the account.
Listing Page
In this section, real estate agents are able to log and view all ongoing deals, whether they’re closed or not.
You can add a new activity for a buyer, seller, or referral and set a status for the deal (Prospective, Active, or Closed).
Once you have closed a deal, record the details of the transaction, such as the closing sale, closing date, and commission, and Realtyzam will automatically categorize it as Income.
Document Uploads
Realtyzam lets agents upload bank statements, receipts, and other relevant documents that are used in a real estate deal.
Statements and receipts can be assigned to specific transactions for easier tracking and reporting during tax season.
Accounting Reports
Realtyzam comes with several default report templates that real estate agents commonly use.
The reports can be presented in different views, such as list view, summary view, monthly view, and vendor view, to provide a 360 view of the business.
Furthermore, Realtyzam users can export the reports for print and share them with relevant stakeholders.
Mobile App
The Realtyzam mobile app has been optimized to deliver the features included in the desktop version as well as additional services.
With the app, you can track mileage thanks to an integrated maps tool that you can activate when driving around neighborhoods.
The mobile app is available on Google Play and iOS App Store and has received numerous positive reviews and high ratings from users.
Realtyzam Pros and Cons
Pros
- Realtyzam has a great UI and is simple to use, according to numerous user reviews.
- The platform’s subscription package is affordable.
- The company offers an entirely tailored package for groups.
- The bank account linking features eliminates data entry, therefore reducing room for errors in your accounting.
- Realtyzam is completely free to use for the first 30 days, with no credit card required.
Cons
- Realtyzam users can only reach out to the company via email or the Contact Us page — you may have to wait 2 hours for a response.
- The platform is not suitable for large teams because it lacks team management, invoicing, and payroll features.
Realtyzam Integrations
Realtyzam Alternatives
- kvCORE
- QuickBooks
- Brokermint
- FreshBooks
- Wave Accounting
- Xero
- Bench Accounting
- Constellation1
- Lone Wolf Broker Cloud
- SkySlope
Realtyzam Achievements
Awards & Recognition
Best Accounting Tool for Real Estate Businesses (Awarded by Real Estate Bees)
Press & Media
Realtyzam FAQs
Does Realtyzam have a free trial?
Yes. The software has a 30-day free trial period during which users can try out the platform for free before committing to a subscription.
After the 30 days are over, you will be required to join a subscription plan to continue using the service.
How many clients does Realtyzam serve?
There’s no concrete data on the number of clients Realtyzam serves.
However, Realtyzam has received hundreds of customer reviews on Google Play and iOS App Store, Facebook, and SaaS review websites like G2, indicating the platform’s significant customer base.
Who founded Realtyzam?
Realtyzam was started in 2014 by Steve Bjorkman, a successful SaaS entrepreneur with a background in engineering.
In addition to Realtyzam, Steve has several software solutions to his name, including RentalHero and NotaryGadget.
What is Realtyzam’s customer service number?
We couldn’t find a customer service line associated with Realtyzam.
Still, customers and potential clients can reach out to the company via email by sending their inquiries to [email protected].
What is the Realtyzam cancellation and refund policy?
Realtyzam users can cancel their Service subscription at any time.
There are no refunds for canceled subscriptions and partial months. The company only provides refunds within the 30-day free trial period.
Realtyzam Tutorials & Training
Is Realtyzam Worth It?
Yes, Realtyzam is an accounting software tool for realtors that any self-employed or novice real estate agent should consider.
The platform has an intuitive interface that is simple to use, even for first-time users.
The platform is also quite affordable and offers great value for the money compared to similar accounting and financial tracking tools.
There’s a 30-day free trial period, and after that, you can continue using the platform for free until you close your first two deals or generate $3,000 in income.
Additionally, Realtyzam has a mobile app to enable agents to run their business from anywhere and at any time, as well as track their mileage.
The only major downside to the platform is the lack of essential bookkeeping services, such as invoicing and payroll.
The platform also isn’t optimized for teams or team management unlike specialized real estate brokerage software and real estate transaction management tools.
Realtyzam Contacts
- Website: Official website
- Phone: N/A
- Email: [email protected]
- Address: 11426 Davis St #1100, Grand Blanc, Michigan 48480, United States
- Socials: Facebook
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About the Author:
Kristina Morales is both a licensed mortgage loan originator and real estate agent in the State of Ohio. Inspired by her years of working with buyers and sellers and seeing a need for more consumer education, Kristina created loanfully.com, an online educational resource for borrowers and industry professionals. In addition to real estate sales and mortgage lending, Kristina had an extensive corporate career in banking, treasury, and corporate finance. She ended her corporate career as an Assistant Treasurer at a publicly traded oil & gas company in Houston, TX. Kristina obtained her MBA from the Weatherhead School of Management at Case Western Reserve University and her B.A in Business Management from Ursuline College.