Comparison · 11 material differences
REAPS vs Sand Hill Angels
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 REAPS
Private real estate investors in the Puget Sound region, from beginners to experienced operators, plus service businesses selling to them
Investment community
Sand Hill Angels
Accredited investors, typically technology founders and executives, who want to invest their own capital in early-stage companies and mentor them
What the records say
- Accredited-investor status: REAPS: No published accredited-investor status; Sand Hill Angels: Membership is open to accredited investors.
- Geographic restriction: REAPS: Puget Sound region for in-person membership; online-only membership is available without attending in person; Sand Hill Angels: No published geographic restriction.
- Annual dues: REAPS: $249 a year; Sand Hill Angels: Annual dues are required but the amount is not publicly disclosed.
Side by side
| REAPS | Sand Hill Angels | |
|---|---|---|
| Profile | ||
| Type | Investment community | Investment community |
| Founded | 1983 | 2000 (The homepage gives 2000; the About page describes 25 years of experience, consistent with that date.) |
| Headquarters | Bellevue, United States | Silicon Valley, United States |
| Geographic footprint | 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 | Silicon Valley base; invests across North America |
| Members | Not publicly disclosed. REAPS describes itself as the largest real estate investor association in Washington State but publishes no membership figure. | 145as of September 2026 |
| Chapters | 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. | Single organisation; no chapters |
| Primary audience | Private real estate investors in the Puget Sound region, from beginners to experienced operators, plus service businesses selling to them | Accredited investors, typically technology founders and executives, who want to invest their own capital in early-stage companies and mentor them |
| Typical member | 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. | Members are accredited investors described as high-technology founders and executives interested in mentoring as well as investing. The group explicitly excludes applicants whose overriding interest is selling services to presenting companies. |
| Qualification | ||
| Accredited-investor status | No published accredited-investor status | Membership is open to accredited investorsThe become-a-member page links to the SEC definitionverified September 2026 · source ↗ |
| Geographic restriction | Puget Sound region for in-person membership; online-only membership is available without attending in personverified September 2026 · source ↗ | No published geographic restriction |
| Invitation required | No | No |
| Sponsor required | No | Sometimes |
| Application process | 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. | Prospective members are encouraged to attend meetings first to see how the group works. They are then assigned a member of the membership committee as a guide, take part in one-on-one interviews, and are nominated to the board of directors for approval. Accredited-investor status is required. |
| Selectivity | Not publicly disclosed; the published route is open paid enrolment. | Not publicly disclosed; admission requires interviews and board approval |
| Cost | ||
| Annual dues | $249 a yearIndividual membership, annual planverified September 2026 · source ↗ | Annual dues are required but the amount is not publicly disclosedverified September 2026 · source ↗ |
| Monthly dues | $29 a monthIndividual membership, monthly planverified September 2026 · source ↗ | The organisation states that members pay an initiation fee, annual dues and must invest above an annual minimum, but publishes none of the three amounts. It says it is funded through membership fees and partnership agreements and does not share in the profit of member investments. |
| Initiation fee | Not publicly disclosed; no joining fee is listed alongside the published dues.verified September 2026 | An initiation fee is required but the amount is not publicly disclosedverified September 2026 · source ↗ |
| Event costs | $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 ↗ | The organisation states that members pay an initiation fee, annual dues and must invest above an annual minimum, but publishes none of the three amounts. It says it is funded through membership fees and partnership agreements and does not share in the profit of member investments. |
| Membership term | Annual or monthly, depending on the plan chosen | Annual |
| Structure | ||
| Meeting frequency | More than 50 live events a year, including monthly meetings in Mercer Island, Fife, Everett, Bremerton and Bellingham and a commercial group in Bellevue | Monthly screening by sector special-interest groups and monthly pitch meetings |
| Peer forums | Member forum online plus subject-specific learning groups; no confidential facilitated peer forum is published | Sector special-interest groups for consumer, enterprise and life sciences |
| Confidentiality | Not publicly disclosed | Not publicly disclosed |
| Time commitment | Not documented | Not documented |
| Organized as | Event-focused, Virtual | Event-focused |
| Confidential peer forums | Partial | Partial |
| Local chapters | No | No |
| Virtual membership | Yes | Not documented |
| Online community | Yes | Yes |
| Member directory | Yes | Yes |
| Events | Yes | Yes |
| Programming | ||
| Educational programming | Yes | Partial |
| Leadership development | No | No |
| Retreats | No | No |
| Travel | No | No |
| Family programming | No | No |
| Spouse and partner programming | Partial | Not documented |
| Next-generation programming | No | No |
| Investment discussions | Yes | Yes |
| Investment opportunities | Partial | Yes |
| Philanthropic component | No | No |
| Networking emphasis | High | High |
| Social emphasis | Medium | Low |
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Last verified: not yet reviewed
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Sources
Drawn from the sources listed on each page: REAPS · Sand Hill Angels