The Relm Report is a custom, human-reviewed property report produced by the Relm research team for high-stakes deals. It uses the same engine that powers Relm Pro, but a human analyst validates every number, tunes the narrative, and packages the deliverable for your IC or external audience.
When to use it
- Deals where confidence matters — a $50M+ acquisition, a strategic asset for the fund, anything going to a third-party investor.
- Deals you'd otherwise commission a $5K–$10K third-party report for — Relm Reports run 30–50% less and turn around faster.
- Deals where you need a polished deliverable — the Report is a finished PDF/Word document, not a screenshot of a software UI.
What's in it
Every Relm Report includes:
- Executive risk summary — the deal in one page: what we found, how severe it is, and what it means for the transaction.
- Risk register — every issue itemized with severity, evidence, and the party who needs to resolve it.
- Source ledger — every finding and number traced to its record, document, or dataset.
- Valuation impact — how the findings move the numbers: income, expenses, value, and financing.
- Diligence checklist — what to verify, order, or demand before the deal moves forward.
- Closing conditions — the escrows, cures, and contingencies to bring to the negotiating table.
- Buyer / lender / advisor notes — framing written for the audience the report is going to.
The deliverable is a PDF or Word document, deliverable in your firm's branding if you want. When it's ready, it also appears in Relm under Reports, where you can read it, download it, and ask it questions — see Revisions & delivery format.
How it differs from the in-app AI Summary
The AI Summary is a generated narrative based on the property's structured data and uploaded documents. It's good — quite good — for fast screening.
The Relm Report layers a human analyst on top:
- They spot-check every cited number against the underlying source.
- They flag issues the AI missed (a comp that's an inter-family transfer, a special assessment that didn't propagate cleanly).
- They tune the narrative voice to be IC-ready.
- They customize sections to your firm's emphasis (e.g. ESG, tax structure, demographic deep-dive).
The Report is a higher-confidence deliverable suitable to attach to an IC memo or send to LPs.
Pricing
Relm Reports are priced per deliverable and billed by invoice after your scoping call. The base price covers a standard scope; deeper customization (longer narrative, more comps, demographic deep-dive) adds. We confirm scope, timeline, and total cost on the call before any work begins.
Reports require an active Relm Pro subscription — they're an add-on, not a standalone purchase.
Schedule a call to scope a Report for your deal.
Turnaround time
A standard Report has a 3–5 business day turnaround. Rush turnarounds (24–48 hours) are available for an uplift.