Zillow to Bring RealPage Services to Rental Companies
MyNewPlace to get Zillow's multifamily listing inventory; Zillow to offer
RealPage's real-time price, availability and Live Agent Service to rental
SEATTLE, July 21, 2014
SEATTLE, July 21, 2014 /PRNewswire/ --Zillow, Inc. (NASDAQ: Z), the leading
real estate and home-related marketplace, today announced a new partnership
with RealPage (NASDAQ: RP), a leading provider of on-demand property
management software, to help connect multifamily companies with new residents.
This partnership will broaden the marketing exposure for multifamily rental
companies that choose to market their rental listings on Zillow®, while
providing new tools and services to help them manage their listings and find
their new residents more quickly.
As part of the agreement, MyNewPlace, RealPage's rental website, will join the
Zillow Rental Network, comprised of Zillow.com, Yahoo!® and HotPads™. Under
the agreement, multifamily rental companies that market their listings on
Zillow will have the option to have their listings appear on MyNewPlace.
Zillow will also begin offering RealPage's near real-time pricing and
availability information to multifamily companies who also use RealPage
products and services. Additionally, all multifamily companies will soon be
able to take advantage of RealPage Live Agent Service, which leverages the
RealPage Contact Center solution, to help manage incoming contacts.
"RealPage's tools and service will bring great value to our multifamily rental
customers," said Greg Schwartz, Zillow chief revenue officer. "In addition to
bringing more consumers to their listings, property managers will have new
tools at their disposal to manage their properties more easily. In turn, this
will provide the 15 million rental shoppers who come to Zillow a better
"We are very pleased to be partnering with Zillow as this relationship will
benefit both RealPage and Zillow users alike," said Steve Winn, CEO of
RealPage. "We will continue to market the MyNewPlace Premium service, which
compliments 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."
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.
SOURCE Zillow, Inc.
Contact: Amanda Woolley, 206-757-2701, email@example.com
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