All Realquantum Reviews

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User Profile

Christopher

Verified reviewer

Real Estate, 11-50 employees

Used weekly for less than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

4

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed December 2021

The New Frontier in Commercial Appraisals

It's been excellent. They always make themselves available to help clients. The Customer Success Team truly cares about each customer and entounter,

PROS

As the Official Canadian Channel Partner of Realquantum, we researched the market for a tool that could be considered the industry leader. We found it in Realquantum - they're lightyears ahead of the competition.

CONS

The software can be a bit intimidating to start. There are so many amazing features that come with the tool that you may not intuitively see what the "next step" is.

Reason for choosing Realquantum

Power of the tool, cloud-based database that can be shared among an entire appraisal firm.

Vendor Response

Thanks, Chris. Realquantum is dedicated to making a great user experience and continuing to be the best choice for commercial appraisers across North America.

Replied December 2021

Brian

Real Estate, 11-50 employees

Used daily for more than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

4

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed December 2021

Next Generation Appraisal Report Writing Software

Real Quantum has increased my productivity and annual income by a significant margin over past years with other programs. In addition, my income has continued to increase in each year since I switched. The upgrades to the system over the past year or two have been a big factor in that increase.

PROS

The stability of the integrated database and report writing software far exceeds other products I'd used. I don't have to worry about refreshing or broken links between a web-based database and word processing and spreadsheet programs.

CONS

I'd like to see improvements to the way RQ handles lease data entry as well as how hotels are handled, particularly in the Income Approach.

Reasons for switching to Realquantum

Company decision based on the lack of customer service and concerns over the confidentiality of our data.

Vendor Response

Appreciate your business and your feedback Brian! Keep those new ideas coming.

Replied December 2021

Marcus

Real Estate, 2-10 employees

Used daily for less than 12 months

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

4

EASE OF USE

3

VALUE FOR MONEY

4

CUSTOMER SUPPORT

5

FUNCTIONALITY

3

Reviewed December 2021

A good start, but needs to flush out some issues

The overall experience was a bit frustrating in the beginning and has improved. The support team (Kristie and Alisa) are responsive and competent and they are fortunate to have them as they are great to work with. I think they have a workable product that does save time, but has a few bugs and issues that could probably be solved with a greater investment in software personnel. They do update the software periodically and listen to and appreciate feedback.

PROS

I love the ability to incorporate things like cap rate comps and expense comps and the way the software is set up, any subject becomes an expense, cap rate and sale comp. The report creation is easy and the report generally flows well. For the most part, searching for data is easy and integrating sales and leases into reports is easy.

CONS

No auto save; if a property is labeled as one property type then all leases associated with the property (regardless of use) are also labeled that way even if they have a different use. Pasting images into documents makes them a bit blurry. In the cost approach, the only way to enter soft costs is as a percentage of hard costs. The sales summary grid only lists price per square foot even if you choose price per unit for the unit of comparison. Grayscale font is tough to read and any font copied in from another source is black and has to be changed. When entering leases, you cannot clone a lease and then change only the differences. I think they need to hire more people to work on the software side.

Reason for choosing Realquantum

Valbridge is too expensive. Real quantum seemed modern and at a fair price.

Reasons for switching to Realquantum

We wanted a better database for sales, leases and expenses, and a cloud based report writing software.

Vendor Response

Appreciate your business and the feedback, Marcus, both the positive and improvement areas. Your ideas were shared with our product team.

Replied December 2021

Anne

Real Estate, 2-10 employees

Used daily for less than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

4

VALUE FOR MONEY

5

CUSTOMER SUPPORT

4

FUNCTIONALITY

4

Reviewed December 2021

Necessary software!

PROS

The software streamlines to appraisal process greatly. Production is up nearly two times as much since using this software. The database feature I find is one of the most beneficial parts. Being able to have one property for an assignment, sale comp, and lease comp is so helpful. Not having to write up sales and leases for every report is a dream.

CONS

Blank pages are a frequent issue in reports. I know this is due to the programmed margins the software uses. However, having to find places to add fields or take out information to get rid of the blank pages is time-consuming and tedious. I think that certain calculated fields and tables that are not able to be changed can be misleading as well.

Reasons for switching to Realquantum

Using microsoft word was time-consuming and allowed for simpler mistakes to be made.

Vendor Response

Thanks for choosing Realquantum and congrats on your AMAZING business growth since switching! Appreciate the feedback too, as we make our product even better.

Replied December 2021

George

Real Estate, 1 employee

Used daily for less than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

4

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed December 2021

Appraiser of rq

RQ has allowed my business to increase substantially and the appraisal company to expand into different types of commercial real property.

PROS

RQ produces a good report in a logical and understandable way to the clients.

CONS

Nothing negative to note about RQ. Fine product.

Reason for choosing Realquantum

I was not familiar with RQ and decided to research the software further. I found RQ to be far superior to other software that I considered. I had developed my own narrative report which met state standards; however, RQ took my company to the next level and satisfied all clients. I highly recommend RQ to other appraisal companies that are searching for a new report format that assists and forces the user to produce a superior report. Thank you RQ!!

Vendor Response

George, thank you for your business. The Realquantum community of appraisers is committed to innovation and growing their businesses. Together, we are transforming the industry. Couldn't do it without you!

Replied December 2021

Timothy

Real Estate, 2-10 employees

Used daily for less than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed December 2021

Realquantum - Unique, Efficient, and the Best Narrative Report Option

The sales team was helpful and provided most of the answers I need to make an informed decision. The training was easy and what little contact I have had with tech support has been good. The software works and has increased my productivity with many less headaches.

PROS

I most like the stability and lack of errors. The cloud based system is also beneficial allowing access from anywhere. The iPad app is effective and functional for photo management. I think adding all properties into a database is genius and makes adding comparables very quick and easy. I have purchased and used 5 different software suites in the past 15 years. Until Realquantum, all were Microsoft Office based using Word and Excel. Overall, it is a great product and by far the best narrative report writing software currently available.

CONS

I only have a few real complaints. The adjustment grids don't have a built in utility for making time adjustments and the improved sales won't allow you to insert an acreage or site adjustment but has a fixed line for excess land. Spell check added to the user input commentary would be great and the Cost Section needs to allow for expansion or a 2nd scenario. I also wish the system could allow the direct import of PDF documents and signatures which would simply the final report printing.

Reason for choosing Realquantum

I chose Realquantum because it was cloud based and seem to be cutting edge. That term rarely applies to anything in the appraisal profession.

Reasons for switching to Realquantum

Narrative 1 had received minimal upgrades and was generally outdated, clunky, and error prone. The database was unstable and getting to the point of being unusable.

Vendor Response

Thank you for your business and the support. We have a TON of new features in the works and look forward to sharing them with you and all our customers.

Replied December 2021

Jason

Commercial Real Estate, 2-10 employees

Used daily for more than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed December 2021

Realquantum user since Jan. 2019 - and I love it!

From the start, the product was better than most I've had experience with and the Realquantum team has brought the product a long way since and is very responsive to questions, concerns, and really listening to what their customers want and need to be more productive. Realquantum is the best appraisal software on the market at this point and I would recommend it to anyone looking for a boost in productivity and simply a better overall experience.

PROS

Realquantum is very intuitive and easy to use and the team is extremely helpful in making the implementation simple. The features that sold me included database integration with report writing, which makes the process fast and efficient. I also use VAL which integrates nicely into Realquantum.

CONS

The software has seen so many version updates and fixes to any issues or services that were needed there is not much to say in terms of cons... it's like I have my own IT team working on making this product better for all.

Reason for choosing Realquantum

I looked at going old-school with word and excel and for the database DataComp, but I really was not interested in going backward. Starting my new company I was looking for more cutting-edge tech and wanted to be as productive as possible and Realquantum was able to make that a reality.

Vendor Response

Thanks, Jason! We appreciate your support, your business and, your commitment to the appraisal profession.

Replied December 2021

Robert

Real Estate, 11-50 employees

Used daily for more than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

4

EASE OF USE

5

VALUE FOR MONEY

3

CUSTOMER SUPPORT

1

FUNCTIONALITY

4

Reviewed January 2022

RealQuantum Review

For my day-to-day use, the software is fine and creates a high-quality report. I think it could be better with small tweaks and upgrades.

PROS

The product produces a high-quality report. It is fairly easy to navigate and use.

CONS

There are some features that are not there, such as traffic count can be used to compare land but not properties with improvements. The customer service is not very good. When you talk to someone you get the reply "yes, we know that is an issue but we can't change it." There doesn't seem to be a real drive to make the software better for the end-user. It seems to be a very arrogant attitude of "We have the best software, take it or leave."

Vendor Response

Hi Robert, Thank you for the candid feedback - both the positive and the improvement areas! We have a ton of new features coming, driven by our customers. Excited to share more soon.

Replied January 2022

Heather

Real Estate, 1 employee

Used daily for less than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed December 2021

Good Software

It has helped my business become more efficient and stream-lined.

PROS

This software appeared to be the best one out there when I was researching for new software. The best feature is that I don't have to have storage as all documents can fit electronically into the property or appraisal. The company also updates their software based on customer feedback.

CONS

I would like to be able to run reports such as a list of appraisals completed in 2021 with info such as price, valuation, etc. This would especially come in handy if we needed to hand a report to any board. I would also like to see an open text box after each tab of the improvement description to add any details that could not be just "clicked" on. That way it is separated by category.

Reason for choosing Realquantum

Price, features and local

Vendor Response

Thank you, Heather. You've captured the best part of a fully web-based tool: the ability to constantly add new features instantly available to our users. Look for a ton more in 2022!

Replied December 2021

Evan

Real Estate, 2-10 employees

Used daily for more than 2 years

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed August 2022

Report Writing Software Done Better

I've been a customer for over 4 years and have been very pleased with the software. Compared to the competitors this software is extremely user-friendly and designed with appraisers in mind. I'd recommend this product to any appraiser looking to make the report writing process easier and more collaborative.

PROS

Online only with no software to install. Database management and data storage. Customer Service.

CONS

Hoping for more integration with comp databases and public info sources in the future.

Reasons for switching to Realquantum

I wanted an online software instead of a desktop program.

Vendor Response

Evan, you've been a great customer and advisor to our product team for years. Thank you for your business, support, and advice!

Replied September 2022

Andy

Real Estate, 2-10 employees

Used daily for less than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

4

EASE OF USE

4

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

3

Reviewed December 2021

A product that streamlines the appraisal report writing process.

Overall, I am a big fan of the software and will continue to use it. I recommend this product to any firm looking to become more efficient with the report writing process.

PROS

The software allows us to have multiple users working on one project at the same time. The software has most definitely helped our office be more efficient in report writing. The plug and play feature helps limit errors. I would say above all the database function has been most beneficial to our office.

CONS

Really my only complaint with the software is the lack of control in formatting (placement of items and margins). We often end up with a lot of blank space on pages. I just feel this looks unprofessional at times.

Reasons for switching to Realquantum

The prior software was not user-friendly and was difficult to implement in our firm.

Vendor Response

Andy, we appreciate your business and your feedback. We'll take your improvement ideas back to our product team.

Replied December 2021

John

Real Estate, 2-10 employees

Used daily for more than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed August 2022

Easiest Report Generator I have used.

The daily development of appraisals.

PROS

The structure allows for inputs that go directly to the appraisal and the database. The latest addition lets you preview how the actual appraisal will look based on your inputs on any given page. The grids allow for a variety of units of comparison (sf, acre, unit, etc.) for the valuation process.

CONS

Lack of direct help for specific questions.

Reasons for switching to Realquantum

Changed Companies. New employer uses Real Quantum.

Vendor Response

John, thank you for your business! If you still have questions, please contact support@realquantum.com. You can get help from a Realquantum expert or a practicing commercial appraiser.

Replied August 2022

Denton

Real Estate, 11-50 employees

Used daily for more than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

4

EASE OF USE

4

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed December 2021

Denton Keller

Overall

PROS

I have never used another appraisal narrative software. Glad I learned it all on RQ! It stores information and produces quality reports. I think it has allowed me to be a lot more efficient and productive without question.

CONS

It takes me a while to discover and learn the new features that roll out. I still don't feel like I have it all figured out

Vendor Response

Denton, welcome to Realquantum and a passionate community of professionals. User Tip: When we add new features, there's an (i) icon next to it with a quick hint and link to more info.

Replied December 2021

Stan

Real Estate, 1 employee

Used weekly for more than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

4

VALUE FOR MONEY

3

CUSTOMER SUPPORT

4

FUNCTIONALITY

4

Reviewed December 2021

Realquantum

I really like this software. I can't do without it now (or don't want to). The jump in cost is had to swallow but I don't feel like I have much a choice.

PROS

After set up and with existing comparable data, it saves time to use this software.

CONS

I would like to see different options when using the sales comparison approach. For example, if an improvement(Non-GBA) adds to the value of the property say - $25,000, I would like to be able to just add the $25,000 in the grid and not a percentage or dollars per sf. The income approach is very confusing. Using the survey and needing to know the terms of the lease (sometimes I can't find out) is difficult. I wish it were easier.

Reason for choosing Realquantum

I like that it is web-based.

Reasons for switching to Realquantum

They were not keeping up with the times. They are going offline at the end of this month.

Vendor Response

Thank you for your business and your thoughtful feedback!

Replied December 2021

Benjamin

Real Estate, 2-10 employees

Used daily for less than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed December 2021

Real Quantum

PROS

Real Quantum software is easy to implement and customize. The software reduces errors in our reports and has significantly improved our efficiency and turn times. The vendor is constantly listening to its users and providing timely updates and improvements.

CONS

Some sections are clunky when you are dealing with a mixed-use property. There is no availability of integrating multifamily surveys with retail rent comps. This requires manual input for rent comps and income estimates.

Vendor Response

Thanks for the review and great to hear about your significant improvement in efficiency and turn times. Helping you get more done is what we're about!

Replied December 2021

Katy

Real Estate, 11-50 employees

Used daily for more than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed December 2021

Great product for appraisers

I use Real Quantum all day every day for my appraisal work. It is a great product that produces a great-looking report.

PROS

I like being able to do my appraisal work all within one program, and I love that I can work from anywhere with it. It is easy to use and is well set up for my workflow.

CONS

It is not yet set up to perfectly handle special use projects that have unusual income and expenses and there are occasional bugs with formatting.

Vendor Response

Thanks Katy!.

Replied December 2021

Michael

Real Estate, 1 employee

Used daily for more than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

4

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed December 2021

best practical fastest commercial appraisal report writer

very good

PROS

ease of use and deployment, price, speed, presentation

CONS

expense analysis could be more sophisticated and comprehensive, should have link to maps, aerials, basic public data for subject, sales comparison adjustments could be more sophisticated

Reason for choosing Realquantum

ease of use, flexibility

Vendor Response

Hi Michael, thank you for your business and for spending time sharing your feedback!

Replied December 2021

Reg

Real Estate, 1 employee

Used weekly for less than 2 years

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed August 2022

Real Quantum Appraisal Software

As promised, the Real Quantum staff has delivered excellent support and continual updates.

PROS

Real Quantum is an intuitive platform that has saved me hours and days on each assignment. It has also substantially cut down on the number of nuisance errors within my reports. After trying several other applications, I find Real Quantum to be both the most cost-effective and accurate of the available report-writing apps.

CONS

It is not possible to import PDFs into the reports. They must first be saved as Jpeg or similar files and then imported.

Reasons for switching to Realquantum

The previous products I used were both difficult to use and were not accurate.

Vendor Response

Reg, thanks for the compliment and for your business! We'll also add your feedback for possible future enhancements.

Replied September 2022

kevin

Real Estate, 1 employee

Used weekly for more than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed August 2022

Realquantum is Commercial Appraisal Software for Appraisers Developed and Used by Appraisers

Excellent service and support typicallly for same day questions.

PROS

It is set up and designed with many options for selecting pre-written sections of a report.

CONS

There is a several day learning curve to be expected.

Vendor Response

Kevin, thanks for your review and your business!

Replied September 2022

Avery

Real Estate, 11-50 employees

Used daily for less than 6 months

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed December 2021

Real Quantum is a game changer

My experience with Real Quantum has been overwhelmingly positive. It has made learning appraisal easier and gives a really good template for appraisal report writing.

PROS

The ability to store comparable data and directly use it in a report is really helpful. You don't have to worry about linking spreadsheets or external sources. You can store most of your data directly in Real Quantum.

CONS

There aren't a lot of cons to Real Quantum in my experience. There are a few small things with site details that could be added, but you can add anything you need through text or comment boxes.

Vendor Response

Thanks, Avery! We appreciate your business.

Replied December 2021

Cherie

Commercial Real Estate, 1 employee

Used weekly for more than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

4

EASE OF USE

4

VALUE FOR MONEY

4

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed December 2021

Santi Review

Excellent

PROS

Customer Service; Efficiency; Ease of Software

CONS

I have not run into any major problems with this software

Vendor Response

We value your business, Cherie. Thanks for being part of the Realquantum community!

Replied December 2021

Showing 1 - 21 of 21 Reviews