With homeownership levels continuing to decrease and more families entering the rental market, real estate companies will need to have data and analytics as part of their overall strategic analysis.
That is why Realty Pilot and RentRange have come to a strategic partnership in which the Phoenix-based technology provider’s Real Estate Enterprise Software solutions will now include an assortment of on-demand address level rental data and AVM-based rent valuation analytics.
“This alliance will give Realty Pilot users the ability to add rental analytics to their existing broker price opinion or inspection reports with the click of a mouse button,” said John Murray, president and chief technology officer of Realty Pilot.
Through this partnership, RentRange’s rental pricing information can be added to any valuation order placed on Realty Pilot’s Concourse 360 or BPO Traffic Controller platforms by selecting either a RentRange basic or advanced report. The option to add RentRange information to existing valuation or inspection products on Realty Pilot’s system will be available by the end of this month.
Realty Pilot’s pricing for RentRange reports will remain consistent to what the Westminster, Colo.-based rental market data provider currently offers its customers.
“Our partnership with Realty Pilot is enabling RentRange to reach a broader customer base and provide even more companies with the rental data and analytics that enable better, more educated decisions,” said Eric Taylor, president of RentRange.
“This is really elevating the entire industry, because now, even more investors and default servicers will benefit from the combination of accurate and defendable automated rent valuations and the professional competency of local market experts.”