RealPage and Zillow Form New Partnership

  RealPage and Zillow Form New Partnership

                 MyNewPlace joins the Zillow Rental Network;
 RealPage’s real-time pricing, availability and Live Agent Service soon to be
                             available on Zillow

Business Wire

CARROLLTON, Texas -- July 21, 2014

RealPage, Inc. (NASDAQ:RP), a leading provider of on-demand property
management software, today announced a partnership with the leading real
estate information marketplace, Zillow, Inc. (NASDAQ:Z). As part of the
partnership, RealPage’s rental site, MyNewPlace, will join the Zillow® Rental
Network, comprised of Zillow.com, Yahoo!® and HotPads™. Under the agreement,
multifamily rental professionals who market their listings on Zillow will have
the option to have their listings appear on MyNewPlace.

The partnership also enables Zillow to offer RealPage’s near real-time pricing
and availability information for multifamily listings that use RealPage
products and services. Zillow will also offer to all multifamily marketers,
using their services, the RealPage Live Agent Service, which leverages the
RealPage Contact Center solution, the leading call center for the rental
housing industry. RealPage estimates that its contact center solution enables
property owners and managers to increase lead-to-lease conversion rates by
twice as much as clients not utilizing a contact center.

Steve Winn, CEO of RealPage, commented, “We are very pleased to be partnering
with Zillow as this relationship will benefit both RealPage and Zillow users
alike. We will continue to market the MyNewPlace Premium service, which
complements the Zillow listings and gives owners and managers even more
contacts. By adding pricing, unit availability and, most importantly, a live
agent on the other end of each phone and email contact, we are confident that
Zillow users will realize increased lead-to-lease conversion rates.”

“We are very excited to be partnering with RealPage,” said Greg Schwartz,
Zillow chief revenue officer. “Having Zillow’s inventory of multifamily
listings marketed on MyNewPlace broadens the exposure of those properties and
we are very pleased to begin offering RealPage’s exclusive features. Both Live
Agent Service and real-time pricing and availability offerings add a whole new
level of value to the rentals industry and give rental shoppers a more
accurate rental shopping experience.”

About RealPage

RealPage, Inc. is a leading provider of comprehensive property management
software solutions for the multifamily, commercial, single-family and vacation
rental housing industries. These solutions help property owners increase
efficiency, decrease expenses, enhance the resident experience and generate
more revenue. Using its innovative SaaS platform, RealPage's on-demand
software enables easy system integration and streamlines online property
management. Its product line covers the full spectrum of property management
solutions, including leasing, accounting, revenue management, marketing
solutions, resident services, renter insurance, utility management, spend
management and apartment market research. Founded in 1998 and headquartered in
Carrollton, Texas, RealPage currently serves over 9,200 clients worldwide from
offices in North America, Europe and Asia. For more information about the
company, visit http://www.realpage.com/.

About Zillow, Inc.

Zillow, Inc. (NASDAQ:Z) operates the leading real estate and home-related
information marketplaces on mobile and the Web, with a complementary portfolio
of brands and products that help people find vital information about homes,
and connect with the best local professionals. Zillow's brands serve the full
lifecycle of owning and living in a home: buying, selling, renting, financing,
remodeling and more. In addition, Zillow offers a suite of tools and services
to help local real estate, mortgage, rental and home improvement professionals
manage and market their businesses. Welcoming 83 million unique users in June
2014, the Zillow, Inc. portfolio includes Zillow.com®, Zillow Mobile, Zillow
Mortgage Marketplace, Zillow Rentals, Zillow Digs®, Postlets®, Diverse
Solutions®, Agentfolio®, Mortech®, HotPads™, StreetEasy® and Retsly™. The
company is headquartered in Seattle.

Zillow.com, Zillow, Postlets, Mortech, Diverse Solutions, StreetEasy,
Agentfolio and Digs are registered trademarks of Zillow, Inc. HotPads and
Retsly are trademarks of Zillow, Inc.

Contact:

RealPage, Inc.
Investor Relations
Rhett Butler, 972-820-3773
rhett.butler@realpage.com
 
Press spacebar to pause and continue. Press esc to stop.