Renters Warehouse, Minnetonka, MN
Company: Renters Warehouse, Minnetonka, MN
Company Description: Renters Warehouse is one of the largest and most awarded property management companies in America. They are four time honorees of the prestigious Inc. 500|5000 list of fastest growing companies in America. The “Professional Landlords” -- they currently have franchises in seven states and growing.
Nomination Category: Company / Organization Categories
Nomination Sub Category: Business Innovation of the Year - Consumer Services Industries
Nomination Title: The Introduction of RentFeeder by Renters Warehouse
Tell the story about this nominated achievement since January 1 2013 (up to 525 words). Focus on specific accomplishments, and relate these accomplishments to past performance or industry norms. Be sure to mention obstacles overcome, innovations or discoveries made, and outcomes:
The Renters Warehouse team of Professional Landlords is dedicated to helping property owners rent and manage their residential real estate. They work with thousands of homeowners to escape foreclosure and achieve maximum yields on their real estate investments by turning homes into rental properties or facilitating buy-to-rent transactions. Founded in 2007, Renters Warehouse now has 10 franchise operations in 7 states nationwide, with the hope of having over 175 franchises within the next few years.
In 2013, Renters Warehouse wholly acquired RentFeeder, a multi-faceted property management automation software system with a unique marketing syndication platform. Over a three-year period, Renters Warehouse invested in further development to create an even more powerful and proprietary marketing tool that trumps the competition. In addition to streamlining and standardizing the property management process, RentFeeder allows rental property listings to be instantly and simultaneously promoted to over 230 websites. If boasting seamless management and the widest listing distribution in the industry wasn’t enough, RentFeeder also makes a great first impression on potential tenants, offering high quality, professional and consistent listings complete with beautiful integration of photos, videos, and customer feedback.
Furthermore, Renters Warehouse continued to push ways it can turn property management on its head by launching first-of-its kind risk protection plans in 2013. These included an innovative Certified Tenant Match and Warranty Plan whereby Renters Warehouse will warranty renters for up to 9 months, and unique Property, Eviction and Rent Protect insurance programs.
Over the past year and a half especially, Renters Warehouse’s achievements and accomplishments have been second to none. They have received the prestigious honor of being listed on the Inc. 500 | 5000 list of fastest-growing companies in America for four consecutive years, ranking #1047 in 2013, and were also ranked #34 in the Top Real Estate Companies in America in 2013. Renters Warehouse was ranked 5th on the 2013 Inc. Hire Power Awards for job creation in the Real Estate Industry, and 3rd in Minnesota.
We were honored to be the recipients of the Gold Stevie Award, Company of the Year in Real Estate last year, as well as the Twin Cities Business Magazine Small Business Success Story in January 2013. The Star Tribune also ranked Renters Warehouse as one of the Top 100 Companies to work for in Minnesota in 2013 and in 2012.
Most recently in March 2014, Renters Warehouse launched a new real estate division called RW Realty to capitalize on new opportunities in the ever-shifting real estate marketplace. RW Realty Agents specialize in the art of everyday real estate negotiation and each Agent is a Certified Negotiation Expert (CNE) with the ability to help clients analyze, navigate and level the playing field of real estate.
With impressive year-over-year growth since 2007 – even 4000% in one year - Renters Warehouse is one of the largest and most highly reviewed property management companies in America. And their long list of above achievements and product innovation reinforces their impressive track record.
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Provide a brief (up to 125 words) biography about the leader of this nominated organization:
Brenton Hayden is the Founder and Chairman of Renters Warehouse USA, a four-time honoree of the Inc. 500|5000 list. At 29, Brenton leads his dedicated team of over 100 employees and franchisees in seven states to see gross revenues of $12.5 million. With a portfolio of managed properties valued around $750 million and $2 billion in residential leasing transactions, it’s no surprise that this Harvard Business School and Massachusetts Institute of Technology - Sloan School of Management graduate was named the youngest franchisor in America by Inc. Magazine in 2011 at the age of 25.
Brenton’s expert marketing skills and entrepreneurial spirit have largely contributed to the success of his company, earning Renters Warehouse numerous awards in real estate and business.