Comparison · 12 material differences
National REIA vs REAPS
This comparison was generated on request from the records. It carries no editorial verdict and is not indexed. The published comparisons are listed on the compare page.
Read down each column for one organization, across a row for the difference. A bronze mark at the left of a cell means the organizations differ on that row. A dash or “not published” means the organization does not disclose the fact; it is not a zero.
Verified September 2026
Investment community
Verified September 2026 National REIA
Independent real estate investors and landlords, and the local investor associations, property owner associations, apartment associations and landlord associations that serve them
Investment community
REAPS
Private real estate investors in the Puget Sound region, from beginners to experienced operators, plus service businesses selling to them
What the records say
- Accredited-investor status: National REIA: No accredited-investor or net-worth test is published; REAPS: No published accredited-investor status.
- Geographic restriction: National REIA: United States; REAPS: Puget Sound region for in-person membership; online-only membership is available without attending in person.
- Annual dues: National REIA: Not publicly disclosed. National REIA does not publish a national individual rate; dues are set by each affiliated local association. For a worked example, its Washington State affiliate REAPS charges $249 a year for individual membership.; REAPS: $249 a year.
Side by side
| National REIA | REAPS | |
|---|---|---|
| Profile | ||
| Type | Investment community | Investment community |
| Founded | 1985 | 1983 |
| Headquarters | Crestview Hills, United States | Bellevue, United States |
| Geographic footprint | United States; a federation of independent local real estate investor associations | Greater Seattle and the Puget Sound region, with monthly meetings in Mercer Island, Fife, Everett, Bremerton and Bellingham and a commercial real estate group in Bellevue |
| Members | 40,000as of September 2026 | Not publicly disclosed. REAPS describes itself as the largest real estate investor association in Washington State but publishes no membership figure. |
| Chapters | 120 | A single regional association rather than a chaptered body; it runs recurring meetings in several Puget Sound locations. REAPS is itself the Washington State affiliate of National REIA. |
| Primary audience | Independent real estate investors and landlords, and the local investor associations, property owner associations, apartment associations and landlord associations that serve them | Private real estate investors in the Puget Sound region, from beginners to experienced operators, plus service businesses selling to them |
| Typical member | Individual members are private real estate investors and landlords who belong to a local association. The federation's direct members are the local associations themselves, which range from small investor clubs to established landlord and apartment associations. | Members are individual real estate investors (flippers, wholesalers, buy-and-hold landlords, lenders, short-term rental operators) at a range of experience levels, alongside business members such as contractors, lenders and property managers who buy the paid business tiers. |
| Qualification | ||
| Accredited-investor status | No accredited-investor or net-worth test is publishedLocal associations are open to beginners as well as experienced investors; National REIA publishes no financial qualification.verified September 2026 · source ↗ | No published accredited-investor status |
| Geographic restriction | United Statesverified September 2026 · source ↗ | Puget Sound region for in-person membership; online-only membership is available without attending in personverified September 2026 · source ↗ |
| Invitation required | No | No |
| Sponsor required | No | No |
| Application process | Individuals find a local association through National REIA's locator, join that group, and then create a national account using the group's chapter code. Local associations wanting to affiliate complete a separate application form on the national site and must adopt the national code of ethics. | Membership is bought online from the REAPS site by selecting a level; there is no application, sponsor or review stage in the published process. Prospective members are invited to register through the events calendar and attend one main monthly meeting free before joining. |
| Selectivity | Not publicly disclosed for individuals, who are admitted by their local association. For affiliating groups, the national board decides membership and may revoke it for ethics breaches, but no acceptance rate is published. | Not publicly disclosed; the published route is open paid enrolment. |
| Cost | ||
| Annual dues | Not publicly disclosed. National REIA does not publish a national individual rate; dues are set by each affiliated local association. For a worked example, its Washington State affiliate REAPS charges $249 a year for individual membership.verified September 2026 · source ↗ | $249 a yearIndividual membership, annual planverified September 2026 · source ↗ |
| Monthly dues | Dues are charged by the local affiliate, not by National REIA, and the national body publishes no schedule. | $29 a monthIndividual membership, monthly planverified September 2026 · source ↗ |
| Initiation fee | Not publicly disclosedverified September 2026 | Not publicly disclosed; no joining fee is listed alongside the published dues.verified September 2026 |
| Event costs | Dues are charged by the local affiliate, not by National REIA, and the national body publishes no schedule. | $0 one-timeMembers attend more than 50 live events a year free; first-time visitors may attend one main monthly meeting free as a guestverified September 2026 · source ↗ |
| Membership term | Not documented | Annual or monthly, depending on the plan chosen |
| Structure | ||
| Meeting frequency | Set by each local association; National REIA runs online education and national events | More than 50 live events a year, including monthly meetings in Mercer Island, Fife, Everett, Bremerton and Bellingham and a commercial group in Bellevue |
| Peer forums | National REIA Forums online, plus local association meetings and subgroups | Member forum online plus subject-specific learning groups; no confidential facilitated peer forum is published |
| Confidentiality | Not publicly disclosed | Not publicly disclosed |
| Time commitment | Not documented | Not documented |
| Organized as | Chapter-based, Event-focused | Event-focused, Virtual |
| Confidential peer forums | Partial | Partial |
| Local chapters | Yes | No |
| Virtual membership | Partial | Yes |
| Online community | Yes | Yes |
| Member directory | Partial | Yes |
| Events | Yes | Yes |
| Programming | ||
| Educational programming | Yes | Yes |
| Leadership development | No | No |
| Retreats | No | No |
| Travel | No | No |
| Family programming | No | No |
| Spouse and partner programming | Not documented | Partial |
| Next-generation programming | No | No |
| Investment discussions | Yes | Yes |
| Investment opportunities | Partial | Partial |
| Philanthropic component | Partial | No |
| Networking emphasis | High | High |
| Social emphasis | Medium | Medium |
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Last verified: not yet reviewed
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Sources
Drawn from the sources listed on each page: National REIA · REAPS