LOS
ANGELES, May 20, 2024 /PRNewswire/ -- RentSpree,
the leading provider of rental software in the U.S., today
announced that UtahRealEstate.com (URE), a multiple listing service
providing software and services to approximately 20,000 real estate
professionals, has joined its 300-strong partnership program.
RentSpree's full integration on the URE platform will facilitate
an instant ApplyLink™ for rental listings that will help cut down
transaction time spent on processing rental applications and
therefore help increase returns.
RentSpree's tenant screening functionality will be seamlessly
integrated into the MLS' listing module and help cut down hours of
time-consuming and inefficient back-and-forth between agents,
rental applicants and property owners. The new integration, which
is free to URE members, makes it easy to manage the entire rental
process simply and efficiently while also supporting lead
generation.
"By integrating RentSpree's easy-to-use rental tools, our
members can efficiently manage rental transactions and easily
integrate them into their regular workflow," said Brad Bjelke, CEO of
UtahRealEstate.com. "Unlike other regions of the country, the
rental listing marketplace has not been a primary focus of real
estate agents in Utah. Having
tools available to handle rental listings is a path to opening that
marketplace and creating new lead generating opportunities for our
members."
Utah's strong economic
foundation continues to draw new residents to the state,
contributing to a rise in housing demand and the appreciation in
home prices. In 2024, Utah was
again ranked as the number one state to live in by US News and
World Report. The rental segment in the state has also been
affected by the influx of people. According to data by RentCafe, an
average of 10 renters were competing for each vacant space in
Salt Lake City last year.
Currently, more than 800,000 Utahns are renters, according to data
by the Rental Housing Association of Utah. That makes up about 30 percent of
households in the state.
"The importance of rentals continues to increase across the
U.S., especially in thriving states such as Utah," said Michael
Lucarelli, Co-Founder and CEO of RentSpree. "Organizations
such as URE are taking the lead on the rental conversation. By
doing so, they are helping those seeking homes as well as
supporting their own members in creating sustainability and job
security while the for-sale market continues to be
tight."
About RentSpree
Los
Angeles-based RentSpree is a provider of award-winning
rental software that helps easily connect real estate agents,
landlords, and renters. The platform is trusted across all 50
states for its easy and secure interface and suite of rental tools,
including tenant screening, rent payments, marketing and renter
management that help simplify the rental process for all. To date,
RentSpree has partnered with more than 300 of the most influential
MLSs, real estate associations and brokerages to serve over two
million users in the U.S. RentSpree is ranked on Inc. 5000's
fastest-growing private companies in 2022 and 2023. Visit
RentSpree.com for more information.
About UtahRealEstate.com
UtahRealEstate.com (URE) is where real estate listings
originate, and it is the official property information platform for
real estate professionals in the state of Utah. URE proudly services approximately 96
percent of all REALTORS® in the state of Utah* and operates one of the largest Multiple
Listing Services (MLS) in the United
States.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/utahrealestatecom-joins-rentsprees-mls-partnership-program-to-support-rentals-in-one-of-the-highest-demand-us-regions-302149544.html
SOURCE RentSpree