The fastest-growing property management platform provides NAR commercial members with access to features that make it easier to scale real estate businesses and manage multiple and/or mixed-use properties
RentRedi, an award-winning property management software that simplifies the renting process for both landlords and tenants, has extended its relationship with the National Association of RealtorsⓇ (NAR) by partnering with NAR’s Commercial Member Services. The new alliance provides NAR commercial members with an exclusive deal: free premium onboarding and a discounted subscription to RentRedi’s full suite of property management services, including features that make it easier to scale real estate businesses and manage multiple and/or mixed-use properties.
This augments a major partnership deal inked with NAR in July 2024, which gives NAR members access to RentRedi’s innovative technology, providing value to both their clients and their personal rental businesses. In addition to gaining access to the largest network of real estate professionals, RentRedi is targeting agents who manage or represent clients who manage larger real estate and commercial properties.
“This partnership presents a significant opportunity for two organizations at the top of their game to provide a competitive advantage to real estate agents who represent and/or are commercial property investors,” said RentRedi Co-founder and CEO Ryan Barone. “Investors who own commercial properties such as salons, storage facilities, parking garages, or buildings with retail shops on the bottom floor and apartment units on the top floors all have distinct challenges in managing their rentals, and the RentRedi app has everything they need to simplify and enhance their businesses.”
NAR considers income-producing properties with four or more units as commercial. This includes properties across various asset classes, such as multifamily, retail, hospitality, land, and any property that produces income. NAR members with income-producing properties can benefit from the conveniences offered by the RentRedi app, particularly features well-suited to enhancing the business practices of commercial investors.
Advanced Tenant Screening
Commercial real estate investors can take advantage of RentRedi’s advanced applications and screening processes that add extra layers of convenience and security, providing landlords with peace of mind that their investments are protected and will generate steady income. RentRedi’s comprehensive tenant screening allows commercial investors to properly vet tenants and small companies with full credit, criminal, and eviction reports.
Customizable Applications
The company’s custom applications allow landlords to essentially “make your own” rental management software within the RentRedi platform, giving them a great deal of control to set up their businesses according to their preferences and personal circumstances. This is especially helpful for owners and managers of commercial and mixed-use rental properties because their situations often don’t fit a standard one-size-fits-all solution.
Landlords can customize their application process through RentRedi’s template builder to include questions specific to their property and preferences. They can also add supplemental questions that are conditional on answers to prior questions, eliminating the need for renters to repeat answers to common questions. These customization options help landlords find tenants that are a better fit for their rentals, leading to less turnover and evictions.
Custom Prequalifications
Additionally, landlords have the option to build a custom prescreening questionnaire to quickly identify whether or not an applicant meets their rental criteria. Reviewing self-reported responses about financial information, pets, smoking, and criminal history can save time by weeding out applicants that are not the right fit before scheduling a tour of the property and getting deeper into the application process.
Convenient Maintenance Coordination
Real estate investors who manage many units or properties need to ensure they can efficiently manage maintenance across all sites. RentRedi’s Premium Maintenance feature provides 24/7 automated maintenance coordination, streamlining processes and controlling costs. Work orders, vendor vetting and outreach, scheduling, and follow-ups are managed through the RentRedi dashboard, helping owners and managers improve tenant satisfaction and keep properties well-maintained and compliant with local laws and regulations.
Unlimited Units/Tenants
RentRedi’s flat-fee pricing structure is uniquely suited to commercial customers, especially those looking to scale their business. While other property management platforms typically charge per unit, RentRedi’s flat pricing remains the same as investors add units and tenants to the system, making it easy and affordable to scale to an unlimited number of units or properties.
Frequently Asked Questions
The partnership between the National Association of Realtors® (NAR) and RentRedi introduces a new era of property management solutions for real estate professionals. By integrating advanced technology and user-friendly tools, this collaboration streamlines daily operations and empowers realtors to manage properties more efficiently. The following questions address the distinction between benefits for residential and commercial NAR members and outline tailored offerings for each group as part of the partnership.
How does the partnership enhance property management for realtors?
The partnership provides realtors with access to RentRedi’s all-in-one platform, featuring automation of rent collection, maintenance tracking, tenant screening, and customizable applications, making property management faster and more organized.
What technology integrations are included in RentRedi’s platform?
RentRedi integrates with leading services such as Zillow, TransUnion, Experian, Equifax, Plaid, and Stripe, offering seamless connections for listings, credit checks, and financial management.
How does RentRedi streamline maintenance management?
RentRedi’s Premium Maintenance feature automates maintenance coordination, from submitting work orders to vendor outreach and follow-ups, ensuring timely repairs and improved tenant satisfaction with minimal manual effort.
Can realtors customize tenant applications and screening?
Yes, realtors can build custom applications and pre-screening questionnaires within RentRedi, allowing them to tailor questions to specific property needs and efficiently identify qualified tenants.
What advantages does RentRedi offer for scaling property management businesses?
RentRedi’s flat-fee pricing allows realtors to manage unlimited units and tenants without incurring additional costs, making it simple and affordable to scale operations as their portfolios grow.
How do these tools support compliance and reporting?
The platform centralizes document storage and reporting, making it easier for realtors to maintain compliance with local laws and generate necessary reports for accounting and tax purposes.
What exclusive benefit do residential NAR members receive from the RentRedi partnership?
Residential members can access RentRedi’s property management software at a discounted rate, enabling them to streamline rental management tasks and pass savings directly to their clients.
How does the partnership specifically support commercial NAR members?
Commercial members receive free premium onboarding and a discounted subscription, including dedicated account management and hands-on setup for portfolios of 25 or more units, to address the complexities of managing larger or mixed-use properties.
Are the software tools and features the same for both member groups?
Both groups have access to RentRedi’s full suite of property management tools, but commercial members receive enhanced onboarding support and features designed to scale and manage complex property portfolios.
Can residential members access premium onboarding services?
Premium onboarding is reserved for commercial members managing 25 or more units, ensuring those with larger portfolios receive personalized assistance and advanced setup.
How does RentRedi accommodate the different needs of residential and commercial realtors?
Residential members benefit from simplified tools for smaller portfolios, while commercial members gain advanced customization, maintenance coordination, and scalable pricing for managing extensive or mixed-use properties.
About RentRedi
RentRedi offers an award-winning, comprehensive property management platform that simplifies the renting process for landlords and renters by automating and streamlining processes. For landlords, RentRedi provides all-in-one web and mobile apps to collect rent, list and market vacancies, find and screen tenants, sign leases, and manage maintenance and accounting. For tenants, RentRedi’s easy-to-use mobile app allows them to pay rent, set up auto-pay, build credit by reporting rent payments to major credit agencies, prequalify and sign leases, and submit maintenance requests. Founded in 2016, RentRedi is a VC-backed, proven leader in the PropTech market. The company ranks No. 180 on the 2024 Inc. 5000 list and No. 12 on the Inc. 5000 Regionals list and was named an Inc. Power Partner, a GetApp Category Leader, a Capterra Established Player, and a G2 High Performer and Momentum Leader based on the software’s user ratings and popularity. To date, RentRedi has more than $28 billion in assets under management with nearly 200,000 landlords and tenants using the platform. The company partners with technology leaders such as Zillow, TransUnion, Experian, Equifax, Realtor.com, Plaid, and Stripe to deliver the best possible customer experience. For more information, visit RentRedi.com.