Rental software provider rental frenzy Announced on Monday Utah Real Estate Network (URE) is a Multiple Listing Service (MLS) serving approximately 20,000 real estate professionals in Utah.
In addition, RentSpree CEO Michael Lucarelli revealed in a LinkedIn post that with recoloris Colorado’s largest MLS with more than 26,000 agents, brokers and real estate professionals.
Finally, RentSpree is again with houston association of realtors (HAR), the second-largest professional football league in Texas. Consolidation is growing among HAR’s 48,000 subscribers Unlock MLS (formerly the Austin Board of Realtors) said in a press release last year.
These strategic integrations will provide agents in Utah, Colorado, and Texas with instant rental listing “ApplyLink,” significantly reducing the time spent processing tenant applications. In addition, RentSpree’s tenant filtering functionality will be seamlessly integrated into the MLS listing module. The new integration, available free to members, is designed to streamline the entire leasing process and support lead generation efforts.
“The importance of renting is steadily growing in the United States,” Lucarelli said in a statement. “Leading organizations are spearheading the leasing conversation by promoting sustainability and job security in limited sales markets. Homebuyers benefit and support their own members.”
The Houston rental market has been booming, driven by a strong economy, relative affordability compared to other U.S. metros, and resulting population growth. According to HAR’s latest rental market update, the number of single-family rental homes increased 27.4% year over year to 5,403 units in April. The number of rental listings also rose 3.8% in April to a total of 3,762 units, and the average rental price rose 3.1% to $2,285.
Meanwhile, more than 800,000 Utah residents are renters, accounting for about 30% of the state’s households, according to Utah data. Utah Rental Housing Association.
according to U.S. Census BureauThe latest Rental Housing Finance Survey shows there are approximately 18.8 million rental properties in the country with four or fewer units. Lucarelli highlighted that about 50% of these are managed by small-scale landlords, who often rely on real estate agents to assist in leasing properties.
