RealPage^® MPF Research Division Reports Robust Revenue Growth for the U.S. Apartment Market in 2011

Occupancy and Rents Basically Hold Steady in the Seasonally Slow Fourth Quarter Period

CARROLLTON, Texas (Jan. 5, 2012) — The U.S. apartment sector posted impressive revenue growth of 5.8 percent in calendar 2011, according to MPF Research, an industry-leading market intelligence division of RealPage, Inc. (NASDAQ: RP). National occupancy climbed 1.1 percentage points during the year, and effective rents jumped 4.7 percent. A discussion of the nation's latest apartment performance results is available at www.realpage.com/MPFQ4Report.

RealPage^® Launches Industry-First Split-Check Enhancement for RealPage Payments^™

New Split-Check Capability Increases Flexibility to Accept One Payment for Multiple Units or Residents

CARROLLTON, Texas (Dec. 15, 2011) — RealPage, Inc. (NASDAQ: RP), a leading provider of on-demand software and software-enabled services to the rental housing industry, today launched split-check capability for its RealPage Payments electronic payments solution that introduces a new level of convenience for property management companies to process check payments.

This first of its kind solution for the multifamily industry enables multifamily companies to accept one check and apply the payment to multiple units, residents' ledgers and even sub-properties within the payments system, while still processing the check at face value. Previously, a check could only be processed to one unit at the face value, requiring manual ledger entries to split up the payment.

RealPage^® Offers Early Registration Discount for 2012 RealWorld User Conference

Early registration discount of $100 offered through December 31, 2011

CARROLLTON, Texas (December 13, 2011)—RealPage, Inc. (NASDAQ: RP) is putting a little something into the stockings of its customers who register for its 2012 RealWorld user conference: $100 off the registration fee. To take advantage of the early registration discount, individuals must register online at www.realpage.com/realworld/register-online by midnight CST, December 31, and use the promotional code RW100.

RealPage Paperless Invoicing Provides Bell Partners Six Figure Savings as Vendor Adoption of Paperless System Exceeds Expectations

CARROLLTON, Texas (Oct. 3, 2011)—RealPage, Inc. (NASDAQ: RP), today announced results of a six-month roll out of electronic invoicing by Bell Partners via the OpsTechnology^® system that is yielding annualized savings for Bell and its owners of approximately $100,000.

The electronic invoicing allows vendors to submit paperless invoices enabling owners to process and approve them without additional data entry via an automated workflow that integrates directly into their accounting system, resulting in process efficiency, reduction in late fees and better cash flow management. See www.realpage.com/spend-management/electronic-invoicing.

RealPage^® MPF Research Division Reports Continued Strong Momentum for the U.S. Apartment Market in the Third Quarter

Occupancy Surpasses Long-Term Average, and Rents Move Ahead of Pre-Recession Peak
Bay Area, Seattle, Austin and New York Lead Rent Growth

CARROLLTON, Texas (Sept. 27, 2011) — The U.S. apartment sector again posted robust revenue growth in the third quarter of 2011, according to MPF Research, an industry-leading market intelligence division of RealPage, Inc. (NASDAQ: RP). National occupancy climbed 0.6 percentage points during the past three months, and effective rents jumped 1.6 percent. A discussion of the nation's latest apartment performance results is available at www.realpage.com/MPFQ3Report.

RealPage Announces “Front To Back” Integration Between Popular Third Party Back Office Accounting Systems and OneSite Front-Office Leasing & Rents

CARROLLTON, Texas (Sept. 13, 2011)—RealPage, Inc. (NASDAQ: RP), today announced its “Front To Back” initiative, allowing users of Yardi Voyager™, MRI, J.D. Edwards, PeopleSoft and other popular third-party back office accounting systems to couple them with RealPage's SaaS-based front office OneSite suite.

“What you run in the back office no longer dictates what you use in the front office,” said Dirk Wakeham, president of RealPage. “You can get all the advantages of OneSite without giving up your current accounting system. This is more and more important as owners migrate to online leasing and renewal capabilities that work much better from a single front office platform like OneSite.

“There are actually two great benefits to migrating to our front office, one obvious and the other not so obvious,” Wakeham continued. “The obvious advantage is OneSite's superiority in boosting leasing, revenue and net operating income. Less understood, but extremely important, are the cost savings you achieve due to OneSite's SaaS (Software as a Service) architecture.”
(Please click this link for more information on SaaS: http://www.realpage.com/SaaSvsASP).

RealPage® Launches OpsBid, Comprehensive Multifamily Capital Spend Management Solution

Introduction Follows Pilot That Significantly Reduced Costs and Improved Renovation Management

CARROLLTON, Texas (Sept. 12, 2011)—RealPage, Inc. (NASDAQ: RP), today announced OpsBid, a fully integrated on demand capital spend management solution for multifamily that completely automates the management of renovations and capital improvements and eliminates inefficiencies associated with paper-based processes.

OpsBid is a full-featured bid management and job cost solution that integrates with the OpsTechnology supplier network and all leading accounting systems. The platform allows a collaborative approach to managing bids, contracts, lien waivers, job cost and transaction documents, in addition to enabling real-time tracking of every transaction against the budget and integration with third-party accounting systems. As a web-based solution, all documents and transactions are available on-demand with 24/7 monitoring in the RealPage data center with backups and redundancy.

RealPage to Acquire MyNewPlace^®

Increases Total Addressable Market to Approximately $9.0 Billion

CARROLLTON, Texas (Aug. 22, 2011)—RealPage, Inc. (NASDAQ: RP), a leading provider of on demand software and software-enabled services to the rental housing industry, today announced it entered into a definitive agreement to acquire Multifamily Technology Solutions, Inc. ("MTS") which offers an Internet listing service for rental properties marketed under the trade name MyNewPlace^® (www.mynewplace.com) and a suite of syndication and organic lead generation tools marketed under the trade name Rent Engine^®. The Company will acquire MTS for approximately $74.4 million, net of cash expected to be acquired. The purchase price will consist of approximately $63.6 million in cash and approximately $10.8 million paid with shares of RealPage common stock. The Company expects to close the transaction after closing conditions are met, which should be on or prior to Aug. 24, 2011.

RealPage Announces “Front To Back” Integration Between Popular Third Party Back Office Accounting Systems and OneSite Front-Office Leasing & Rents

CARROLLTON, Texas (Aug 18, 2011)—RealPage, Inc. (NASDAQ: RP) today announced its “Front To Back” initiative, allowing users of Yardi Voyager™, MRI, J.D. Edwards, PeopleSoft and other popular third-party back office accounting systems to couple them with RealPage's SaaS-based front office OneSite suite.

“What you run in the back office no longer dictates what you use in the front office,” said Dirk Wakeham, president of RealPage. “You can get all the advantages of OneSite without giving up your current accounting system. This is more and more important as owners migrate to online leasing and renewal capabilities that work much better from a single front office platform like OneSite.

“There are actually two great benefits to migrating to our front office, one obvious and the other not so obvious,” Wakeham continued. “The obvious advantage is OneSite's superiority in boosting leasing, revenue and net operating income. Less understood, but extremely important, are the cost savings you achieve due to OneSite's SaaS (Software as a Service) architecture.” (Please click this link for more information on SaaS: http://info.realpage.com/saas-vs-asp.html).

RealPage® Acquires SeniorLiving.Net™

CARROLLTON, Texas (July 29, 2011)—RealPage, Inc. ((NASDAQ: RP), today announced the acquisition of SeniorLiving.Net (“SLN”), an Internet lead generation and placement network for the senior housing market. SLN helps families with aging parents find senior care providers that can address their care needs, desired location and budget. The service is no cost to the families. SLN provides each family with a skilled Care Advisor familiar with the local market to help them through the process.