RealNex Named Top-Tier Software Vendor by APPS RUN THE WORLD in the APPS TOP 500 Market Report

RealNex Strengths, Domain Expertise, and Key Differentiators

RealNex boasts several key strengths in the competitive CRE tech landscape. Its domain expertise is unrivaled, enabling the company to deliver tailored solutions that address the specific needs of CRE professionals. The RealNex Suite, comprised of CORE, MarketEdge, and the marketPlace, provides an end-to-end solution that covers the entire deal cycle.

RealNex Recent Developments

In April 2024, RealNex announced several significant updates to its flagship RealNex Navigator platform. As a comprehensive commercial real estate operating system, RealNex Navigator integrates CRM, Financial Analysis, Presentations, Marketing, Reporting, and Transaction Management into a seamless solution for industry professionals. Following its major year-end update—which introduced flexible layouts and 1,100 new database fields for precise property and client profiling—the latest enhancements include: Users can now access all CRM fields within MarketEdge for more seamless data integration. Enhanced control over data security and recovery. A refined user experience with better customization options. Optimized workflows for managing contacts and transactions. Users can create and manage their own listing sites for greater exposure. Significant improvements to functionality and performance.

In June 2022, RealNex announced a major update to RealNex Navigator, further strengthening its position as a leading commercial real estate technology provider. Alongside its CRM, Financial Analysis, Marketing, and Transaction Management capabilities, the new release included key platform enhancements and strategic deployments. Notably, RealNex Navigator was successfully implemented across the KW Commercial platform, marking a significant milestone in its industry adoption. Additionally, RealNex announced a new agreement to deliver its technology suite to eXp Commercial and commercial agents at eXp Realty, further expanding its reach and impact across the commercial real estate sector.

RealNex introduced in May 2021, a new capability that allows users to syndicate listings from the RealNex MarketPlace to third-party platforms. The first syndication partner, QuantumListing, enables RealNex MarketPlace clients to seamlessly distribute all For Lease and For Sale properties to QuantumListing’s database, enhancing exposure to an active network of buyers, tenants, and agents.

In March 2021, RealNex made a significant update to RealNex Navigator, further strengthening its industry-leading solutions for business development and property marketing. Key enhancements include: Users can now launch custom-tailored email marketing campaigns directly from the RealNex CRM, eliminating the need for exporting and importing contact lists into third-party applications. Brokers can quickly query their database, such as identifying future lease expirations, and send targeted messages with relevant opportunities. For broader marketing efforts, users can choose from a library of templates to send newsletters, research reports, or important announcements—all with detailed engagement tracking for efficient follow-up. The new Virtual Call Assist feature streamlines call tracking and client engagement by offering an auto-dialer, call timer, and text messaging capabilities. This automation simplifies activity history logging, lead recording, and next-step scheduling. As deals progress, key information can be transferred seamlessly to Dealius for forecasting, performance management, and commission tracking. MarketEdge has been upgraded with custom page-saving, PDF storage, and improved design templates. The Global Page feature allows users to create custom listing pages with maps, photos, text, and bullet points—ensuring consistency for future listings. Additional refinements, such as improved padding, margins, and image settings, provide more polished flyers, brochures, and presentations. Frequently used PDFs and images can now be stored and accessed effortlessly for repeated use. The MarketPlace syndication tool now allows users to publish listings across multiple platforms through a single setup. The first phase of syndication includes QuantumListing, Brevitas, ROFO, Spacelist, TenantBase, and LDCRE, with more partners to be added. This integration simplifies listing management while maximizing market reach. RealNex continues to innovate, delivering powerful tools that enhance efficiency, marketing reach, and deal execution for commercial real estate professionals.

In September 2020, RealNex, announced the release of its next-generation solution. As part of this milestone, the company rebranded its comprehensive suite of solutions as RealNex Navigator. This latest offering represents the culmination of ongoing advancements since the company's formation in 2014, delivering a complete end-to-end commercial real estate software solution at an affordable price. RealNex Navigator integrates its four core components to streamline workflows and enhance productivity. With the launch of RealNex Navigator, the company introduced significant enhancements to its cloud-based solutions, including CRM for prospecting, business development, and deal management; MarketEdge for financial analysis and presentation building; Transaction Manager, a collaborative tenant representation and leasing application; and MarketPlace, a global platform for listing, searching, and marketing commercial properties.

The pivotal hire of Perry Rohan as Vice President of Sales in February 2019 marked the beginning of an era of aggressive growth strategies. This move, combined with an integrated end-to-end solution, has not only strengthened RealNex's sales and marketing efforts but has also reflected in impressive revenue growth and profit figures. The company's success in capturing market share and delivering value is clearly evident in its financial performance.

RealNex Mergers and Acquisitions (M&A) Activities

In May 2024, Pix acquired the assets of View Labs to further expand its suite of offerings. View Labs, a video and digital solutions provider, has developed several proprietary tools and technologies to enable 3D visualization. Specifically, Pix has acquired the patents and rights to 360° Video, Augmented Virtual Reality (a mixed-reality technology), Aerial Tours, Sizzle Reels and 360° Meet–video conferencing.

In September 2020, RealNex acquired 25% interest in Pix, integrating a suite of virtual reality solutions into its platform to enhance property marketing and accelerate sales. The Pix portfolio includes QuickTour, a cost-efficient, high-quality web-based modeling tool that showcases buildings and spaces before construction; RealFit, a powerful real-time test-fit solution ensuring spaces meet end-user requirements; and PropertyMax, a photo-realistic, fully immersive virtual model of existing or planned properties and communities.

In September 2014, RealNex acquired Atlanta-based real estate startup Ten Eight, expanding its portfolio and market presence. While no further M&A activities or funding announcements have been made recently, RealNex's strategic partnerships and continuous product enhancements demonstrate its commitment to innovation.

RealNex Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying RealNex applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of RealNex and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified RealNex Suite, RealNex NavigatorPRO customers.

RealNex Key Enterprise and Cloud Applications

RealNex Suite, RealNex NavigatorPRO

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RealNex Direct vs Indirect sales

RealNex Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified RealNex Customers

No. of RealNex Customers: 120

No. of RealNex Enterprise Applications Customers: 120

No. of RealNex Cloud Customers: 120

No. of RealNex Cloud Subscribers: 180000

RealNex has garnered a robust customer base comprising industry giants such as CBRE, Colliers International, JLL, Cushman & Wakefield, Newmark Knight Frank, Corfac, Lee & Associates, TCN Worldwide, Cresa, CCIM, Century 21, Sperry Commercial, Marcus & Millichap, Remax Commercial, Keller Williams, SVN, Coldwell Banker Commercial and many others.

The company's ability to win reference customers attests to the value it delivers and the trust it has earned in the market. With a global presence, RealNex serves customers across different regions, solidifying its position as a leading CRE tech provider.

In May 2024, RealNex was selected to provide its RealNex MarketPlace Pro solution to the RE/MAX Commercial® network in the U.S. and Canada. The RealNex MarketPlace will also be made available to global RE/MAX affiliates. Additionally, RealNex will implement its MP Premier commercial property listing search engine on the RE/MAX Commercial website and offer RE/MAX Commercial brokers preferred access to RealNex Navigator. The RealNex technology suite will serve as the primary marketing and listing system for RE/MAX Commercial's global operations.

In March 2022, RealNex was selected to provide its RealNex Navigator solution to the rapidly expanding KW Commercial (KWC) organization. KWC, which comprises more than 2,400 agents operating from 790 affiliate offices across North America and in 24 countries worldwide, aims to utilize the RealNex technology platform to support its global commercial expansion, enhance affiliate success, and improve agent productivity.

In 2021, RealNex announced several key partnerships, further expanding its presence in the commercial real estate industry. In July, the company was selected to provide its MP Exchange Commercial Property Listing System service for the Colorado/Wyoming CCIM Chapter. Hosted on the chapter’s website, www.cowyccim.org, the platform will showcase commercial real estate listings from its members. In August, RealNex was chosen to deliver its RealNex Navigator solution to the rapidly growing Sperry Commercial Global Affiliates (SperryCGA) platform. With 57 affiliate offices across North America, SperryCGA began its global expansion in 2021 with the opening of an office in Mexico City and plans for 21 international affiliate offices across 16 countries. In September, RealNex announced that it had been selected to provide its RealNex Navigator solution to Moody Rambin, a leading independent regional brokerage based in Houston.

RealNex Market Opportunities, M&A and Geo Expansions

In June 2022, RealNex formed a strategic alliance with Otso to introduce an innovative approach to commercial landlord and asset protection through a tenant lease surety bond product. As the industry's first multi-year bond, it provides enhanced coverage for deal costs, including tenant improvements, commissions, and rents, while covering all instances of default. RealNex offers a comprehensive commercial real estate operating system. Built around a robust commercial real estate-centric CRM, the platform enables agents to manage property, market, and client information efficiently, facilitating business generation and deal management. The Transaction Manager App and virtual deal rooms support collaborative online tenant representation, leasing, and investment sales services. Additionally, agents can leverage their data to conduct financial analyses, create high-quality marketing materials, and promote listings to a rapidly expanding marketplace.

In September 2020, RealNex and Dealius announced a strategic alliance to integrate their solutions, delivering a comprehensive end-to-end CRE PropTech solution for the commercial brokerage industry. By incorporating the Dealius Back Office Commission and Sales Management application into the RealNex Navigator suite of business development, marketing, and deal management tools, the combined platform offers a definitive cloud-based commercial real estate technology solution.

In 2021, RealNex announced the expansion of its MarketPlace listing syndication capabilities with the addition of LDCRE as its second syndication channel. Through this partnership, RealNex MarketPlace clients can now syndicate all available For Sale properties to the LDCRE database, providing increased exposure to a network of active buyers and agents. LDCRE Investments serves as an extension of the listing agent’s team, working around the clock to promote opportunities. Its registered investors receive instant notifications when new listings matching their investment criteria are added.

In September 2019, Kandio forged an exclusive partnership with TalentLyft with the aim of streamlining the recruitment process. While TalentLyft primarily concentrates on talent acquisition and the identification of suitable candidates, their system does not include a skills assessment component. In response, Kandio brings its specialized assessment tests to the table, integrating them seamlessly into TalentLyft's applicant tracking system. This collaborative effort combines TalentLyft's expertise in curating top candidates with Kandio's proficiency in evaluating candidates based on their skillsets, providing organizations with a comprehensive solution for efficient and effective talent acquisition.RealNex boasts several key strengths differentiate in the competitive CRE tech landscape. Its domain expertise is unrivaled, enabling the company to deliver tailored solutions that address the specific needs of CRE professionals. The RealNex Suite, comprised of CORE, MarketEdge, and marketPlace, provides an end-to-end solution that covers the entire deal cycle.

RealNex Risks and Challenges

Like any business, RealNex faces both internal and external risks. Internal risks include maintaining a strong go-to-market strategy to remain competitive and sustain growth. The rapidly evolving technology landscape poses an external risk, as RealNex must continually adapt its solutions to keep pace with industry trends and customer demands. Additionally, competition from other CRE tech providers presents a challenge that RealNex must navigate to secure its market position.

RealNex Ecosystem, Partners, Resellers and SI

RealNex's ecosystem is strengthened through strategic alliances and integrations. The partnership with Otso, offering an innovative tenant lease surety bond product, showcases a commitment to exploring new avenues. The collaboration with Pix for 3D Virtual Reality property listings and the Strategic Alliance with Otso underline RealNex's dedication to creating a comprehensive ecosystem that benefits users and the industry.

In conclusion, RealNex's recent developments, strategic initiatives, and commitment to innovation position it as a trailblazer in the commercial real estate technology landscape.

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.

Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).

For additional information on our methodologies, here's the link: