Beekin provides rental property operators with $500,000 worth of software and services to facilitate the transition from outdated pricing tools

The RealPage Transition Program provides free data migration and usage for users of RealPage Revenue Management Software

HOUSTON, TEXAS, USA, August 14, 2024 /EINPresswire.com/ – Beekin Inc., a leading provider of AI-powered technology solutions for the real estate industry, is proud to announce its RealPage Transition Program. This innovative $500,000 initiative provides free data migration and free platform usage for customers migrating from RealPage’s AIRM, Yieldstar and LRO software, ensuring a seamless transition to Beekin’s superior, tenant-centric platform.

While lawsuits in Arizona and Washington, DC focus on collusion and price fixing, Beekin’s program offers operators a chance to build tenant trust and loyalty and reduce vacancy.

Vidur Gupta, Founder and CEO of Beekin, said, “2000s-style pricing with a focus on the highest rent is not only outdated but also inefficient in today’s weak market where renters have more choice and there is an abundance of data in the public domain. Beekin’s AI-driven platform and RenterPro model uses publicly available data on rents, neighborhoods, and inflation and brings the renter into the equation. Instead of hurting renters, property owners can charge the optimal price for each available unit. And without needing a lot of competitor data, it can help both small and large apartment and single-family home landlords alike. Over the last 90 days, we’ve helped several RealPage customers successfully migrate. These operators were looking for the latest technology, better support, and lower overall software costs. Based on the success of these migrations, we’re excited to launch a dedicated program that can help operators of millions of rental units master the 21st century. We hope that the half a million in cost savings will help the operating community as they, like tenants, are struggling with high operating cost inflation.”

Beekin aggregates millions of data points from real estate portals, location records, and more. Beekin’s AI tools analyze data to optimize decision-making with key insights, such as whether a resident will move out and the costs associated with maintaining the rental unit. This data-driven approach aims to minimize vacancies and maximize profits.

By offering a free and easy transition, Beekin provides property owners with an exit strategy to avoid regulatory backlash and a superior, tenant-friendly pricing model that leverages AI and public data.

About Beekin
Beekin is a decision intelligence platform for institutional investors and lenders in the
Rental housing sector. Through patented rental valuation, revenue optimization and rent indexing software, Beekin’s platform increases NOI, increases customer retention and improves operational efficiencies in underwriting and asset management for some of the leading real estate companies in the United States. For more information, visit beekin.co.

Cameron Thomas
VerbFactory
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