The fastest-growing property management platform was recognized for its innovation by the PropTech Breakthrough Awards 

NEW YORK, Aug. 15, 2024 /PRNewswire/ -- RentRedi, the fastest-growing property management software, has been named the "Tenant Portal Solution of the Year" by PropTech Breakthrough, a leading independent market intelligence organization that evaluates and recognizes standout real estate technology companies, products, and services around the globe. This is the third consecutive year RentRedi has earned this prestigious distinction.

Coming on the heels of ranking No. 180 on the 2024 Inc. 5000 list, RentRedi is once again being recognized for its efforts to simplify the renting process for both landlords and renters by providing a central location to facilitate listings, tenant screening, lease signing, rent payments, and maintenance coordination processes. The all-in-one app provides the ultimate convenience to landlords, who can manage rentals from anywhere on mobile devices, and pass that convenience on to their tenants by allowing them to digitally pay rent and perform other tasks in seconds.

"RentRedi has always placed customers at the center of our innovation," said RentRedi Co-founder and CEO Ryan Barone. "Relying on reviews and feedback from both sides of the rental process has informed our product development and continuously drives the decision-making and trajectory of our company."

Although RentRedi caters to independent landlords, it was Initially conceived as a tenant app, and many features continue to be specifically designed with tenants in mind. For example, RentRedi offers a Credit Boost feature that enables tenants (or their landlords) to report on-time payments to all three credit bureaus so that they can boost their credit scores. RentRedi also offers tenants the option to set up automatic payments to avoid late or missed rent payments.

Tenants can also purchase renters insurance through the app, and RentRedi provides landlords with the unique ability to offer tenants special perks and discounts to hundreds of local and national companies from groceries and home decor to storage and pet insurance.

"When innovating, our goal really is to make the renting process simple for all parties involved," added Barone. "Many of our features help landlords and tenants forge positive relationships, or improve existing ones, by making processes more convenient and easier to navigate. We also prioritize security to reduce the risks involved for both sides."

During the tenant screening phase, RentRedi offers an income and asset verification process to ensure sensitive information, such as bank statements and pay stubs, are kept private. The platform has also built in advanced security features which include the ability to make secure rent payments via mobile devices. Additionally, tenants can E-Sign leases on their phone, receive in-app landlord notifications, submit maintenance requests, and pre-qualify and apply for rentals.

"RentRedi provides robust applications for both landlords and tenants all in one platform, reducing the need to use spreadsheets or purchase overpriced software platforms that are typically geared towards only helping landlords manage their properties," said Bryan Vaughn, Managing Director of PropTech Breakthrough Awards. "RentRedi is centered around the customer experience, and it strives to make the rental process easier and more pleasant for both landlords and tenants. Congratulations to RentRedi for being our 'Tenant Portal Solution of the Year' as they help both landlords and their tenants to have a more unified and streamlined experience."

The mission of the annual PropTech Breakthrough Awards program is to conduct the industry's most comprehensive analysis and evaluation of the top technology companies, solutions and products in the global real estate technology industry today. This year's program attracted thousands of nominations from over 12 different countries throughout the world.

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 VC-backed and a 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 $35 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 create the best customer experience possible. For more information visit RentRedi.com.

About PropTech Breakthrough
Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the PropTech Breakthrough Awards program is devoted to honoring excellence in technologies, services, companies and products that empower remote work and distributed teams around the globe. The PropTech Breakthrough Awards program provides a forum for public recognition around the achievements of technology companies and solutions in categories including messaging & communication, project management, virtual events, team collaboration, virtual offices, collaborative design and more. For more information visit PropTechBreakthrough.com.

Tech Breakthrough LLC does not endorse any vendor, product or service depicted in our recognition programs, and does not advise technology users to select only those vendors with award designations. Tech Breakthrough LLC recognition consists of the opinions of the Tech Breakthrough LLC organization and should not be construed as statements of fact. Tech Breakthrough LLC disclaims all warranties, expressed or implied, with respect to this recognition program, including any warranties of merchantability or fitness for a particular purpose.

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SOURCE RentRedi