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Rentec Direct, Grants Pass, Oregon: Rentec Direct

Company: Rentec Direct, Grants Pass, OR
Company Description: Rentec Direct is an award-winning property management software company providing a comprehensive management solution for real estate professionals. Since its founding in 2009, the company’s cloud-based software platform has evolved to meet the demands of the changing marketplace, serving more than 25,000 property managers and landlords managing more than 750,000 units across the country.
Nomination Category: Company / Organization Categories
Nomination Sub Category: Company of the Year - Real Estate - Medium
2023 Stevie Winner Nomination Title: Rentec Direct
  1. Which will you submit for your nomination in this category, a video of up to five (5) minutes in length about the achievements of the nominated organization since January 1 2021, OR written answers to the questions for this category? (Choose one):
    Written answers to the questions
  2. If you are submitting a video of up to five (5) minutes in length, provide the URL of the nominated video here, OR attach it to your entry via the "Add Attachments, Videos, or Links to This Entry" link above, through which you may also upload a copy of your video.

     

  3. If you are providing written answers for your submission, you must provide an answer to this first question: Briefly describe the nominated organization: its history and past performance (up to 200 words):

    Total 190 words used.

    Rentec Direct provides award-wining, cloud-based property management software to over 400,000 active users nationwide. Founded in 2007 with the mission to save landlords and property managers time and money, Rentec has evolved to meet the demands of the changing marketplace. Today the company is one of the highest-rated professional property management software solutions on the market and the third-largest system in its sector. The company focuses on small to midsize property managers, a market segment often abandoned by other vendors in the space. 

    Rentec Direct’s software is one of the easiest-to-learn solutions for investors, landlords and property managers looking to improve customer satisfaction, increase profits and protect assets. Features include online rent payment services; tenant and owner portals; the industry’s largest vacancy listing syndication network; full-suite accounting tools; and more. 

    Rentec is 100% organically grown and debt-free, maintaining over 25% year-over-year growth rate, while competitors in the industry are averaging 20% year-over-year growth. The company has been named to the Inc. 5000 List of Fastest-Growing Private Companies in America for six years running and was included for multiple years on the Entrepreneur360 list for Best Entrepreneurial Companies in America.

  4. If you are providing written answers for your submission, you must provide an answer to this second question: Outline the organization's achievements since the beginning of 2021 that you wish to bring to the judges' attention (up to 250 words):

    Total 249 words used.

    • Winner of Stevie® Awards in the 2021 and 2022 American Business Awards® 
    • Included on the 2021 and 2022 Inc. 5000 List of America’s Fastest-Growing Private Companies 
    • Winner in the 2021 (Silver) and 2022 (Gold) Best in Biz Awards for Most Customer Friendly Company of the Year 
    • Rising Star finalist in the 2021 Oregon Technology Awards 
    • Winner of a Globee Award for Cloud Computing, SaaS & Internet Company of the Year in the 7th Annual 2022 American Best in Business Awards 
    • Named a leader in property management software by GetApp with a score of 92 out of 100 
    • FrontRunner in Rental Property Management and Property Management from Gartner Digital Markets
    • Released an updated, redesigned version of its software with streamlined, modern design improvements to enhance user experience and promote a seamless, responsive workflow, including improving accessibility standards for the visually impaired
    • Granted eight scholarships to college students through the Rentec Direct Tech Mastery Scholarship program
    • Launched a new onboarding program featuring live training to further help new clients build confidence and proficiency 
    • Published over 350 pieces of free educational content on the Rentec Blog and contributed over 65 articles to publications like Realtor Magazine, BiggerPockets, Forbes and Entrepreneur 
    • Cut nearly 55,000 kWh of energy consumption through green initiatives like a solar system, LED lighting and high-efficiency heating and cooling equipment
    • Led integrations and partnerships with other industry software leaders to improve customer experience and streamline common processes
    • Recognized as a continuing education provider for the Oregon Real Estate Agency
  5. If you are providing written answers for your submission, you must provide an answer to this third question: Explain why the achievements you have highlighted are unique or significant. If possible compare the achievements to the performance of other players in your industry and/or to the organization's past performance (up to 250 words):

    Total 246 words used.

    Rentec Direct is maintaining a minimum 25% year-over-year growth rate, compared to industry competitors who average 20% year-over-year growth. The 100% organically grown company is debt free and has been profitable since inception without any outside investment, compared to other companies in the industry who have received $100 million or more in funding. 

    Rentec prioritizes operation efficiency with 17 employees compared to their top competitor with 1,600 employees.

    Rentec stands out due to its award-winning customer service and support. Its platform is one of the highest-rated property management softwares on the market, with a 4.8/5 rating on Google. 

    Throughout the years, Rentec continuously supports leadership and professional development for team members and is actively involved in industry education and community service projects. 

    Rentec offers free live training and personalized service to all clients with a dedicated account specialist, as a free value-add. Competitors in the space charge a premium for these services.  

    The company puts clients first with the regular release of new features and enhancements based on direct customer feedback. In a continuous quest for excellence, Rentec has prioritized integrations and partnerships with other related industry leaders, such as insurance and finance tool providers, to streamline processes. Also in 2022, Rentec acquired TrueRent, migrating its users to the Rentec platform and integrating key features from TrueRent for client use.

    Rentec remains committed to the small to midsize property management sector, a demographic that has been left without customized solutions by many other vendors. 

  6. You have the option to answer this final question: Reference any attachments of supporting materials throughout this nomination and how they provide evidence of the claims you have made in this nomination (up to 250 words):

    Total 129 words used.

Attachments/Videos/Links:
Rentec Direct
URL Rentec Direct Experiences Success in Southern Oregon - VIDEO
URL Rentec Direct Launches New Software Experience for Clients - VIDEO
URL Rentec Direct Launches New Onboarding Program for Clients - RELEASE
Video VIDEO - Meet the Landlord Who Created Rentec Direct
Video VIDEO - What is Rentec Direct Property Management Software
URL Rentec Direct Reviews
URL Rentec Direct Awards
URL Rentec Direct Integrated Features & Partners
URL Rentec Direct Helps Renters improve Credit Score - RELEASE
URL Rentec Direct News & Media Coverage
URL Rentec Direct Finalizes Acquisition of TrueRent Property Management Software
URL Rentec Direct Named Category Leader for Property Management Software
URL Rentec Direct Celebrates Significant Milestones and 13 Years of Advancing the Property Management Industry