CRM glossary

What is a Deal room?

A shared online space where a seller and buying committee keep proposals, documents and questions for a deal.

Updated October 2026·2 min read·By the MagicWand team
Definition

Deal room: A shared online space where a seller and buying committee keep proposals, documents and questions for a deal.

Example

A buyer's committee of five shares one link holding the proposal, pricing and security questionnaire.

Why it matters

It replaces scattered attachments and reveals engagement.

Deal room in MagicWand

MagicWand Deal Rooms use private magic links and feed engagement into the deal score.