RealPage and Zillow Form New Partnership
July 21 2014 - 8:00AM
Business Wire
MyNewPlace joins the Zillow Rental
Network;RealPage’s real-time pricing, availability and Live Agent
Service soon to be available on Zillow
RealPage, Inc. (NASDAQ:RP), a leading provider of on-demand
property management software, today announced a partnership with
the leading real estate information marketplace, Zillow, Inc.
(NASDAQ:Z). As part of the partnership, RealPage’s rental site,
MyNewPlace, will join the Zillow® Rental Network, comprised of
Zillow.com, Yahoo!® and HotPads™. Under the agreement, multifamily
rental professionals who market their listings on Zillow will have
the option to have their listings appear on MyNewPlace.
The partnership also enables Zillow to offer RealPage’s near
real-time pricing and availability information for multifamily
listings that use RealPage products and services. Zillow will also
offer to all multifamily marketers, using their services, the
RealPage Live Agent Service, which leverages the RealPage Contact
Center solution, the leading call center for the rental housing
industry. RealPage estimates that its contact center solution
enables property owners and managers to increase lead-to-lease
conversion rates by twice as much as clients not utilizing a
contact center.
Steve Winn, CEO of RealPage, commented, “We are very pleased to
be partnering with Zillow as this relationship will benefit both
RealPage and Zillow users alike. We will continue to market the
MyNewPlace Premium service, which complements the Zillow listings
and gives owners and managers even more contacts. By adding
pricing, unit availability and, most importantly, a live agent on
the other end of each phone and email contact, we are confident
that Zillow users will realize increased lead-to-lease conversion
rates.”
“We are very excited to be partnering with RealPage,” said Greg
Schwartz, Zillow chief revenue officer. “Having Zillow’s inventory
of multifamily listings marketed on MyNewPlace broadens the
exposure of those properties and we are very pleased to begin
offering RealPage’s exclusive features. Both Live Agent Service and
real-time pricing and availability offerings add a whole new level
of value to the rentals industry and give rental shoppers a more
accurate rental shopping experience.”
About RealPage
RealPage, Inc. is a leading provider of comprehensive property
management software solutions for the multifamily, commercial,
single-family and vacation rental housing industries. These
solutions help property owners increase efficiency, decrease
expenses, enhance the resident experience and generate more
revenue. Using its innovative SaaS platform, RealPage's on-demand
software enables easy system integration and streamlines online
property management. Its product line covers the full spectrum of
property management solutions, including leasing, accounting,
revenue management, marketing solutions, resident services, renter
insurance, utility management, spend management and apartment
market research. Founded in 1998 and headquartered in Carrollton,
Texas, RealPage currently serves over 9,200 clients worldwide from
offices in North America, Europe and Asia. For more information
about the company, visit http://www.realpage.com/.
About Zillow, Inc.
Zillow, Inc. (NASDAQ:Z) operates the leading real estate and
home-related information marketplaces on mobile and the Web, with a
complementary portfolio of brands and products that help people
find vital information about homes, and connect with the best local
professionals. Zillow's brands serve the full lifecycle of owning
and living in a home: buying, selling, renting, financing,
remodeling and more. In addition, Zillow offers a suite of tools
and services to help local real estate, mortgage, rental and home
improvement professionals manage and market their businesses.
Welcoming 83 million unique users in June 2014, the Zillow, Inc.
portfolio includes Zillow.com®, Zillow Mobile, Zillow Mortgage
Marketplace, Zillow Rentals, Zillow Digs®, Postlets®, Diverse
Solutions®, Agentfolio®, Mortech®, HotPads™, StreetEasy® and
Retsly™. The company is headquartered in Seattle.
Zillow.com, Zillow, Postlets, Mortech, Diverse Solutions,
StreetEasy, Agentfolio and Digs are registered trademarks of
Zillow, Inc. HotPads and Retsly are trademarks of Zillow, Inc.
RealPage, Inc.Investor RelationsRhett Butler,
972-820-3773rhett.butler@realpage.com
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