2. AppFolio Offers Free Online Rent Payments
Contents:
1. LoopNet, Reaction Web Deal Offers Functionality and Design for the Online Brokerage Space
2. AppFolio Offers Free Online Rent Payments
3. G5 Unveils Tracking of Social Networking
4. Trulia Partnership Enables Expansion of ForRent ILS
5. Resite, ePremium Form Renter’s Insurance Partnership
6. Yardi Builds Data Bench Via PropertyShark Acquisition
7. Sperry Van Ness Brokers Go Mobile
8. Property Solutions Offers Mobile Marketing, Too
9. Rentbits Acquires ApartmentFrog Search Engine
10. RealPage Moves Closer to 100% Paperless Billing
11. LeasingDesk Expands Gap Insurance Coverage
12. WilliamPaid Eases Roommate Rent Payment Tensions
Santa Barbara, Calif.-based property management software firm AppFolio announced March 29 that it has integrated online rent payments into its AppFolio Property Manager platform, allowing customers the ability to collect rent online using ACH with no additional monthly charges. AppFolio’s Web-based property management software combines Web site, marketing, accounting, online rent collection, and property management services into a single Web-based platform. Key features of the new online rent payment functionality include: secure, Web-based interface for resident rent payment, as well as automatic integration of rent payments into AppFolio’s accounting records. “It costs a typical property manager $2 or more to process just one rent check each month,” says AppFolio CEO Brian Donahoo. “For a property management company with 1,000 properties, this means a cost of $24,000 a year just to process rent checks.”
