LEGAL CORNER: NYC Passes the FARE Act and Restricts the Payment of Commissions by Tenants
The real estate industry has expressed concerns regarding the potential repercussions of the FARE Act.
CHICAGO—The National Association of Realtors has announced that Rental Beast is its exclusive recommended software provider in the rental space. Under the agreement with the Somerville, MA-based firm, NAR members receive free access to “Apply Now by Rental Beast,” the secure FCRA-compliant online rental application and tenant screening engine.
“NAR Realtor Benefits aims to provide products and services that deliver value and empower Realtors to succeed in their businesses,” said Rhonny Barragan, NAR vice president of strategic alliances. “Rental Beast created a lead-to-lease platform which brings seamless entry into the multibillion-dollar rental industry and its clientele, and we are thrilled to provide this benefit to our members.”
NAR members will also receive unlimited access to Rental Beast University, the digital education platform designed by industry experts.
Rental Beast is also integrated with many MLS platforms and association websites. NAR members within these partnerships receive additional access to rental-centric listing management tools, including listing add/edit, comprehensive rental search, rental listing syndication, rental lead generation and qualification, and renter-to-buyer conversion.
“We are proud to be NAR’s exclusive provider of rental solutions,” said Ishay Grinberg, founder and CEO of Rental Beast. “This partnership will help Realtors better serve their clients and U.S. consumers everywhere by partnering them with the nation’s more than 113 million renters. With our tools, Realtors can also build relationships with potential home buyers by serving as their trusted advisors in the rental process.”
Rental Beast is a leading real estate technology firm with an end-to-end SaaS (Software as a Service) platform designed to empower real estate professionals and the nation’s most comprehensive database of more than 10 million rental properties. Sourced directly from property owners, updated in real-time, and offering a fulfillment-grade rental dataset, the Rental Beast database provides real estate professionals with an unparalleled view of all properties and owner types. Rental Beast achieved notable success as a member of the 2022 REACH Canada cohort, a unique technology scale-up program managed by Second Century Ventures, NAR’s strategic investment arm.
To claim this benefit, NAR members can sign up for a free account at nar.realtor/rental-beast. Once activated, the account will allow Realtors to initiate applications for any rental property and access Rental Beast University content anytime.
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