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Last $17.96 USD
Change Today -0.40 / -2.18%
Volume 396.2K
RP On Other Exchanges
As of 8:10 PM 02/5/16 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

4000 International Parkway

Carrollton, TX 75007

United States

Phone: 972-820-3000

Fax: 972-820-3036

screening is part of the company’s risk mitigation platform to reduce rental payment delinquency. Renter screening utilizes a large, proprietary database of on demand renter rental payment history to evaluate an applicant’s credit profile. Additional functionality includes criminal background checks and eviction history from accessing databases in real-time that are aggregated by third-party data providers. In addition, certain functionality enables owners and managers to optimize credit thresholds based on occupancy levels to adjust deposit and rent amounts based on the default risk of the renter in a yield neutral manner. Resident Services Resident services solutions provide a platform to optimize the management of renters. These solutions manage core renter management business processes, including utility billing, renter payment processing, renter service requests, renter lease renewals, renter’s insurance, and consulting and advisory services. The resident services solutions category consists of five primary solutions: Utility Management, Payments, Resident Portal, Contact Center Maintenance, and Renter’s Insurance. Utility Management: Utility management is the company’s on demand billing and utility management platform provided through the company’s subsidiary, Velocity Utility Solutions LLC. The platform offers functionality that includes automated convergent billing, utility invoice processing, utility cost management, automated energy recovery, and infrastructure services (managing community energy, media, data, and telecom). Payments: Payments is the company’s on demand payment processing platform. Payments includes functionality to enable electronic collection of rent and other payments. Provided through the company’s RealPage Payments subsidiaries, the platform provides for processing of multiple payment types, including check, money order, automated clearing house, debit cards, and credit cards. Resident Portal: Resident portal is the company’s on demand platform for renter and community management. Resident portal functionality includes online community facilitation (between multifamily property managers, local vendors, and other renters), services request status, and renter lease renewals. Contact Center Maintenance: Contact center maintenance is the company’s on demand platform for service request management utilizing the contact center. Functionality from the platform includes service call/email/chat routing technology, service request tracking, and remote agent staffing on a permanent or overflow basis to optimize the service request process. Renter’s Insurance: Renter’s insurance is part of the company’s risk mitigation platform to reduce liability and property damage risk. The platform offers liability and content protection renter’s insurance provided through the company’s subsidiary, Multifamily Internet Ventures, LLC. Liability policies protect property owners and managers against financial loss due to renter-caused damage, while content protection provides additional coverage for a renter’s personal belongings in the event of loss. Asset Optimization Asset optimization solutions are aimed at optimizing property financial and operational performance. These solutions manage core asset management and business intelligence processes, including real-time yield management, revenue growth forecasting, key variable sensitivity forecasting, and operating metric benchmarking. The asset optimization solutions category consists of two primary solutions: Yield Management and Business Intelligence. Yield Management: YieldStar is the company’s on demand yield management platform. The platform includes real-time statistical models leveraging a repository of data to calculate optimal rent for each rental unit, pricing management advisory services, and the MPF market research database. Business Intelligence: Business intelligence is the company’s on demand business intelligence platform designed to enable property owners and managers to outperform their peers. Business intelligence functionality includes customized internal reporting, at any aggregation and time horizon that could lev


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