‘Set it and forget it’—RentRedi’s new tenant auto-pay aims to resolve common rental pain points for tenants and landlords.
Alongside a host of new features designed to help landlords automate the way they manage their rentals (like auto-tenant screening and auto-late fees), RentRedi’s latest feature, tenant auto-pay, aims to make paying rent for tenants a seamless, automated process.
Tenant Auto-Pay: A More Convenient Way to Pay Rent
Almost every bill—electric, internet, water, gas—that used to be put in the mail and entrusted to the postal service to be delivered in a timely manner can now be paid online or through a mobile app. Increasingly, these services are now offering automatic payments—a way for consumers and customers to adopt a ‘set it and forget’ mindset when it comes to paying bills. Instead of trying to remember and negotiate payment due dates for multiple bills and services, users simply set up automatic payments to withdraw the amount due on their due date.
This service removes the worry of paying bills on time. And now, RentRedi is doing the same with rent. Tenants no longer have to worry about remembering to send out a check, trusting the postal service, juggling payday dates with rent dates, or taking time out of their day to deliver a rent check.
Instead, RentRedi’s new auto-pay for tenants ensures the renters can set up a date and amount to be automatically paid each month. In the spirit of designing a platform dedicated to eliminating everyday hurdles in the rental property business, tenant auto-pay is a feature requested by landlords and tenants alike to enable consistent, automatic rent payments.
CEO and Co-Founder Ryan Barone says that when he started RentRedi in 2016, he wanted to remove as many blockers in the rental process as possible, including paying rent:
“Listening and hearing the problems of landlords and renters, it’s clear paying rent is an issue for both sides. Our mission is to make renting easy, so that’s what we’re trying to do. Tenant auto-pay was a feature created to satisfy landlords and tenants. Tenants don’t have to worry if they remembered to pay rent on time, they can set it and forget it. And, landlords don’t have to worry if the check is in the mail. It’s mobile. Tenants pick their day, set it to automatically pay, and it’s done.”
RentRedi is landlord-tenant software that empowers landlords to easily manage their properties themselves and make stress-free renting affordable and accessible to everyone. For landlords, RentRedi provides an all-in-one dashboard that enables them to list properties, prequalify and screen potential tenants, collect and automatically track rent, receive mobile rent payments, communicate with tenants, and manage maintenance with video. It has partnered with platforms including Realtor.com, Doorsteps, TransUnion, and TSYS to create the best experience possible. For tenants, RentRedi’s mobile app allows them to prequalify, apply, pay rent, and submit maintenance requests with a video of the issue, all from the palm of their hand.