Property managers and renters are set to learn from the most recent acquisition by the AI-enabled software program platform RealPage, because it broadcasts a brand new Livble integration to allow residents to separate hire funds in a versatile, clear and handy manner.
Livble, a versatile fee resolution for the multifamily business, will probably be built-in into RealPage‘s LOFT platform, the multifamily resident expertise, in addition to its all-in-one property administration software program for combined portfolio and HOA managers, Buildium.
“This strategic acquisition underscores RealPage’s dedication to enhancing the resident expertise,” stated Dana Jones, CEO and president, RealPage. “Providing extra monetary flexibility for renters whereas enabling our clients to function extra effectively is precisely the kind of innovation we attempt to ship at RealPage.
“Integrating Livble builds on the outstanding momentum we’ve achieved with LOFT in such a brief interval, and we’re equally excited to deliver this highly effective resolution to our Buildium clients.”
The Livble acquisition marks the subsequent step in LOFT’s evolution as it would present residents with higher fee flexibility, supporting their potential to construct monetary wellness. Over three million models already use LOFT, the brand new addition will solely improve the uptake of the app, which brings leasing, shifting, funds and rewards collectively, eradicating the necessity for a number of third-party distributors.
“RealPage and Livble have a shared imaginative and prescient to redefine the hire fee expertise. By becoming a member of forces, we’ll speed up the adoption of versatile fee choices at scale for each property managers and residents,” stated Josh Ehrlich, co-founder and CEO, Livble. “We’re extremely happy with what we’ve constructed, and this acquisition is a strong validation of our imaginative and prescient and innovation. Collectively, we’ll speed up our mission to make monetary wellness a actuality for tens of millions of renters. We’re simply getting began.”
Funds on residents’ phrases
With the Livble resolution, certified residents will pay hire on their phrases, splitting funds into as much as 4 instalments monthly to higher align with their money circulation. In return, property managers profit from assured on-time hire, real-time ledger reporting, and enhanced monetary visibility. RealPage assumes 100 per cent of the non-payment threat and manages all collections, lowering administrative burden and enabling property groups to deal with higher-value actions that improve the resident expertise.
