RealPage® Partners with Flex for Flexible Rent Payments

Author

Slice of Real Estate Team
August 15, 2024

Key Highlights:

  • RealPage selects Flex as the preferred provider for flexible rent payments.

  • Flex integration within RealPage’s LOFT™ portal offers residents payment flexibility.

  • 93% of renters express interest in flexible payment schedules, according to a June 2024 survey.

  • Flex’s platform helps property managers improve NOI and resident retention.

Source (Business Wire)

Notable Quotes:

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“This partnership exemplifies our commitment to delivering a unified, streamlined experience for residents and property teams within the RealPage ecosystem.”

Dana Jones, CEO and President at RealPage
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“By partnering with RealPage, we're taking the complexity out of rent, offering residents greater control over their finances and empowering property managers with more predictability in their business.”

Shragie Lichtenstein, CEO and Co-founder at Flex

Our Take:

This strategic partnership between RealPage and Flex represents a significant step forward in addressing the growing demand for financial flexibility in the rental market. With 93% of renters interested in flexible payment schedules, this integration not only meets resident needs but also enhances the operational efficiency of property managers. The ability to align rent payments with pay cycles through Flex could significantly improve resident satisfaction and retention, positioning RealPage customers as leaders in a competitive market. This partnership is a win-win, simplifying rent payments for residents and providing property managers with a reliable, streamlined solution.