Real Estate Association of Puget Sound

What Real Estate Association of Puget Sound does

Real Estate Association of Puget Sound (REAPS) is a non-profit, all-volunteer-run real estate investor association founded in 1983 and headquartered in Bellevue, Washington. It serves the Greater Seattle / Puget Sound region as the largest Real Estate Investor Association (REIA) in Washington State, providing education, networking, market information, and resources to roughly 900+ member households ranging from beginner to advanced real estate investors. The organization operates a member-facing web platform (REAPSweb.com) that provides event registration, a property listing marketplace, a personal investor website builder, financial calculators (MAO, Mortgage, Rental Property Analyzer), and a member dashboard, supplemented by a library of 600+ books and educational materials and 50 webinar replays. Members also access the National PHP (Professional Housing Provider) certification through the National REIA affiliation.

REAPS monetizes primarily through annual and monthly membership dues across individual ($99-$399), online-only ($99), and tiered business/vendor ($499-$3,199) tiers, supplemented by modest event fees for non-members. Go-to-market is community-led: 50+ free live events annually — including Main Monthly Meetings in Mercer Island, regional Meals N Deals groups in Everett/Fife/Bremerton/Bellingham, Coffee Conversations, and a Commercial & Apartment Learning Group — drive word-of-mouth acquisition, with first-time guests attending free and converting to paid members. The business membership tier provides vendors a recurring advertising channel to the member base via slideshows at 65+ events, expo tables, and email blasts. Strategic partnerships — particularly the Home Depot Pro Xtra rebate program (members averaging $320/year) and an ecosystem of National REIA-affiliated vendors (Rent Perfect, HammerZen, DealMachine, Constant Contact, Accruit, Foreclosure.com, MSI, REIASure) — deepen member value proposition without requiring direct cost outlays from REAPS. The organization is governed by a volunteer board; current President is Angelique Tinney.

Name

Real Estate Association of Puget Sound

Legal name

Real Estate Association of Puget Sound

Website

https://reapsweb.com

Company type

Private

Founded year

1983

Operating status

Operating

Headcount range

1–10 employees

Short description

REAPS is a non-profit, all-volunteer-run real estate investor association founded in 1983 in Bellevue, Washington, serving roughly 900+ households in the Puget Sound region through membership dues, 50+ annual events, education, and vendor partnerships.

Ownership category

akta.pro rank

Headquarters

HQ city

Bellevue

HQ country

United States

HQ region

North America

Offices7 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Membership Dues: Annual and monthly membership fees from individual, dual, and online-only members. Individual membership at $249/year or $25/month; dual membership at $399/year; online-only at $99/year. Business memberships range from $499 to $3,199 annually depending on tier.
2. Event Fees: Most events are free for members. Non-members pay $30 online or $35 at the door for select events. Deeply discounted admission to full-day Saturday training events.
3. Business/Vendor Memberships: Tiered business memberships (Bronze $499, Silver $799, Gold $1,199, Platinum $3,199 annually) that allow vendors to advertise to REAPS members, speak at events, and receive expo table access.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels7 records

Core offering

REAPS is a non-profit real estate investor association that sells tiered membership subscriptions (Individual, Online-Only, Dual, and Business/Vendor) granting access to 50+ live educational events annually, networking opportunities, a property listing platform, financial calculators, and exclusive vendor benefits such as the Home Depot Pro Xtra rebate program. The association generates revenue primarily through annual and monthly membership dues, with supplementary event fees for non-members and tiered business memberships that allow vendors to advertise to the REAPS member base.

Product overview

REAPS (Real Estate Association of Puget Sound) is a non-profit Real Estate Investor Association (REIA) serving the Greater Seattle area since 1983. The organization's primary offering is its membership program, which comes in Individual (Unlimited and Online-Only) and Business tiers. Core membership includes access to 50+ annual educational events, networking opportunities, and the Home Depot member benefits program with exclusive rebates and discounts. The organization also offers a Property Listings Platform where members can advertise real estate for sale or rent. Supporting products include Real Estate Promo personal websites for member marketing presence, the National Professional Housing Provider (PHP) Designation certification program for professional credentials, Financial Calculators including MAO and Mortgage calculators, and Property Analyzer Tools featuring seller net sheets and repair estimate worksheets. REAPS operates as an all-volunteer organization and is affiliated with National REIA, providing members access to additional national partner benefits including Rent Perfect property management software, HammerZen accounting integration, DealMachine lead generation, and Constant Contact email marketing tools.

Differentiator

Problem solved

Functional benefit

Products and services

• REAPS Membership Primary membership offering providing real estate investors in the Seattle/Puget Sound area with education, networking, resources, and member benefits including access to 50+ annual events, Home Depot discounts, property listings, and connections to local and national real estate professionals. Serves beginners to advanced investors.
• Individual Membership (Unlimited) Unlimited Individual Membership at $249/year or $25/month ($399 dual for two people in same house/office). Includes free admission to 50+ live in-person events, deeply discounted Saturday training events, Home Depot 2% rebate, REAPS library access with 600+ books and CDs, member forum access, and eligibility to advertise business.
• Online Only Membership Online-only membership at $99/year with access to Home Depot rebates, member discounts, and the member-area of REAPSweb.com which includes 50 webinar replays. No in-person meeting attendance included. Includes 1-2 Zoom meetings monthly.
• Business Membership (Bronze/Silver/Gold/Platinum) Business/Vendor advertising memberships with four tiers: Bronze ($499/year, 1 person), Silver ($799/year, 2 people), Gold ($1,199/year, 4 people), Platinum ($3,199/year, 6 people). Tiers include advertising space in mailed magazine, expo table access at monthly meetings, slideshow ad presentations, ability to teach classes, business listing, and video content distribution.
• Property Listings Platform REAPS property listing service allowing members to list single-family, multi-family, and commercial properties for sale or rent. Listings are searchable with filters for price, bedrooms/bathrooms, property type, and location. Members can post properties for approximately 90 days with option to extend.
• Real Estate Promo (Personal/Member Websites) Personal website builder for REAPS members including free Basic plan, Basic Ad-Free plan ($29 setup + $5.95/month), and Premium PAT plan ($79 setup + $34.95/month). Features include pre-built pages, color themes, listing properties, seller/buyer lead collection forms, and Special Reports for sellers.
• National Professional Housing Provider (PHP) Designation National PHP designation is a certification program sponsored by National REIA recognizing professionalism among housing providers. Requires 42 core course hours plus 18 elective hours (60 total). Topics include appraisal, contract law, fair housing, finance, management, marketing, negotiation, tax law, and tenant-landlord law. Designees must complete 20 hours of continuing education every two years.
• Financial Calculators Suite Mortgage and financial calculators including MAO (Maximum Allowable Offer) Calculator, Mortgage Calculator, and Rental Property Analyzer (Premium Members feature). External links to TurboTenant rental estimator and financial freedom calculator.
• Property Analyzer Tools (PAT) Premium feature including Seller Net Sheet, Repair Estimate Worksheet with printable Scope of Work, and Offer Generator Wizard. Tools help members analyze deals, calculate profitability, and generate offers for real estate transactions.

Quantifiable outcome

• Members earn average $320/year in Home Depot rebates; active investors earn $1,000+ in rebates by spending $50,000+/year
• +2 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability2 records

Feature3 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• National Real Estate Investor Association (National REIA)coreStrategic or Co-development PartnerREAPS is the Washington State chapter of National REIA. National REIA has over 120 Local Association Chapters and 40,000 members nationwide. As a member of REAPS, you gain benefits through National REIA including Home Depot programs, insurance partnerships, educational content (National REIAU), and national networking.
• Home Depot (Pro Xtra Program)coreGTM or Marketing PartnerExclusive 2% biannual rebate program for members, 20% off paints/stains/primers, volume pricing at ProDesk over $2,500, Hampton Bay cabinet 10% discount. Members earn average $320/year in rebates; active investors earning $1,000+ by spending $50,000+/year at Home Depot. Requires $12,500 minimum spending per 6-month period.
• Rent PerfectminorGTM or Marketing PartnerProperty management software partner offering tenant screening, digital lease agreements, online rent payments, and work order systems. National REIA members receive one-time fee of 95 cents for account setup.
• DealMachineminorGTM or Marketing PartnerTop recommended tool for finding off-market deals. National REIA's preferred lead generation platform with highest rated app, unlimited skip tracing, AI dialer features, and driving for dollars functionality.
• Accruit (1031 Exchange)minorGTM or Marketing PartnerQualified Intermediary for 1031 exchanges. National REIA members receive 10% off exchange fees. Features paperless process, electronic signatures, and automated deadline reminders.
• Foreclosure.comminorGTM or Marketing PartnerDistressed real estate listing access. National REIA members receive 25% discount plus unlimited nationwide property access, customized alerts, and property photos/aerial maps.
• MSI (Property Insurance)minorGTM or Marketing PartnerInsurance products designed for real estate investors through exclusive National REIA partnership. Covers property and liability insurance needs.
• REIASureminorGTM or Marketing PartnerSES Master Policy for Small Multifamily Dwellings and landlord insurance program through National REIA.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• BiggerPockets: BiggerPockets is the largest online community and education platform for real estate investors, offering forums, podcasts, calculators, and a property marketplace. It competes directly with REAPS for the same investor audience but via a digital, national-scale model instead of a local, volunteer-run in-person model.

Regional players

• Atlanta REIA: Atlanta REIA is a long-running, large-membership Real Estate Investor Association serving the Atlanta metro and a recognized national counterpart to REAPS. Both organizations run volunteer-led events, monthly meetings, and education programs for active investors in their respective regions.
• Real Estate Investors of Atlanta (REIA): REIA of Atlanta is a local investor association offering education, networking, and member-only benefits to real estate investors in the Atlanta area. It is a structural analog to REAPS: a geographic, event-driven REIA serving individual investors and vendor members.
• Real Estate Investment Network (REIN Canada): REIN is a Canadian real estate investor education and networking organization offering live events, member resources, and learning programs. It is comparable to REAPS as a member-funded, event-driven association focused on real estate investor education and networking.
• Texas REIA (Texas Real Estate Investors Association): Texas REIA is a multi-chapter investor association operating across major Texas metros. It is comparable to REAPS as a regional REIA delivering education, networking, and vendor access to real estate investors through local events and membership tiers.
• San Diego Real Estate Investors Association (SDREIA): SDREIA is a Southern California-based real estate investor association providing monthly meetings, education, and networking for active investors. Its structure — membership tiers, event programming, and vendor partnerships — closely mirrors REAPS's operating model.

Others

• Roofstock: Roofstock is an online marketplace for single-family rental investments and is adjacent to REAPS's audience of buy-and-hold and passive investors. While not a membership association, it serves the same investor demographic and is sometimes promoted through REIA channels as a vendor partner.

Broad incumbents

• National Real Estate Investors Association (National REIA): National REIA is the parent umbrella organization of REAPS and 120+ other local REIA chapters with 40,000+ members nationwide. It is directly comparable as the federation of REIAs delivering education, networking, and member benefits to real estate investors.

Emerging players

• BiggerPockets Pro: BiggerPockets Pro is the paid subscription tier of BiggerPockets offering advanced tools, calculators, and premium content for real estate investors. It overlaps with REAPS as a paid membership delivering education and tools to active individual investors, but via a national digital platform.
• Real Estate Investing Lab: Real Estate Investing Lab is an online education and community platform designed for real estate investors. It draws on a similar audience as REAPS (beginner-to-advanced investors) but positions itself as a digital-first alternative to in-person REIA chapters.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/REAPSweb
• Facebookfacebook.com/REAPSweb
• LinkedInlinkedin.com/company/real-estate-association-of-puget-sound

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Real Estate Association of Puget Sound