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Company: Rentec Direct, Grants Pass, OR
Company Description: Rentec Direct is an award-winning property management software company providing a comprehensive management solution for real estate professionals. Since its founding in 2009, the company’s cloud-based software platform has evolved to meet the demands of the changing marketplace, serving more than 25,000 property managers and landlords managing more than 750,000 units across the country.
Nomination Category: Company / Organization Categories
Nomination Sub Category: Company of the Year - Real Estate - Small
 Nomination Title: Rentec Direct
- Which will you submit for your nomination in this category, a video of up to five (5) minutes in length about the achievements of the nominated organization since January 1 2020, OR written answers to the questions for this category? (Choose one):
Written answers to the questions
- If you are submitting a video of up to five (5) minutes in length, provide the URL of the nominated video here, OR attach it to your entry via the "Add Attachments, Videos, or Links to This Entry" link above, through which you may also upload a copy of your video.
- If you are providing written answers for your submission, you must provide an answer to this first question: Briefly describe the nominated organization: its history and past performance (up to 200 words):
Total 195 words used.
Rentec Direct provides industry-leading, cloud-based property management software to more than 25,000 landlords and property managers overseeing more than 750,000 rental units across the country. Founded in 2009 with the mission to save landlords and property managers time and money, Rentec has grown to meet the demands of the changing marketplace over the past decade. Today the company is one of the highest-rated professional property management software solutions on the market and the third-largest property management software system in its sector.
Rentec Direct’s innovative, forward-thinking and client-centric software is the top choice for investors, landlords and property managers looking to improve customer satisfaction, increase profits and protect assets, all while saving time and money. Features include online rent payment services; tenant and owner portals; the industry’s largest vacancy listing syndication network; property, tenant and owner accounting; 1099-MISC and 1099-NEC reporting; and more.
Rentec is 100% organically grown and debt-free, maintaining a minimum 30% year-over-year growth rate. The company has been named to the Inc. 5000 List of Fastest-Growing Private Companies in America for five years running and was included on the 2017, 2018 and 2019 Entrepreneur360 list for Best Entrepreneurial Companies in America.
- If you are providing written answers for your submission, you must provide an answer to this second question: Outline the organization's achievements since the beginning of 2020 that you wish to bring to the judges' attention (up to 250 words):
Total 250 words used.
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Recipient of three Stevie® Awards in the 2020 and 2021 American Business Awards®
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Silver Stevie® Award recipient in the 2020 International Business Awards for Most Valuable Corporate Response to COVID-19
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Silver winner in the 2020 and 2021 Best in Biz Awards for Most Customer Friendly Company of the Year
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Included on the 2020 and 2021 Inc. 5000 List of America’s Fastest-Growing Private Companies with a three-year revenue growth of 136%
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Winner of the 2020 Ingenuity Award in the Southern Oregon Regional Economic Development Prosper Awards program
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Rising Star finalist in the 2020 and 2021 Oregon Technology Awards
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Named a leader in property management software by GetApp with an overall score of 92 out of 100
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Released an updated, redesigned version of its software with streamlined, modern design improvements to enhance user experience and promote a seamless, responsive workflow
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Granted eight scholarships to college and graduate students through the Rentec Direct Tech Mastery Scholarship program
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Launched a new onboarding program featuring step-by-step, personalized training to further help new clients build confidence and proficiency
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Updated software to improve accessibility standards and enhance user experience for visually impaired users who depend on assistive technology to access digital content
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Published over 350 pieces of free educational content on the Rentec Blog and contributed over 75 articles to industry publications like Realtor Magazine and BiggerPockets and business publications like Forbes and Entrepreneur
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Cut nearly 55,000 kWh of energy consumption through green initiatives like a solar system, LED lighting and high-efficiency heating and cooling equipment
- If you are providing written answers for your submission, you must provide an answer to this third question: Explain why the achievements you have highlighted are unique or significant. If possible compare the achievements to the performance of other players in your industry and/or to the organization's past performance (up to 250 words):
Total 229 words used.
Rentec Direct is maintaining a minimum 30% year-over-year growth rate, compared to industry competitors who are averaging 24% year-over-year growth. The company has been profitable from year one without any outside investment, showing stability and consistent growth despite the COVID-19 pandemic.
Rentec Direct stands out from its competitors due to its award-winning client support and customer service. The cloud-based software is consistently one of the highest rated and easiest to learn property management softwares on the market, and the company continues to put its clients first with the regular release of new features and enhancements based on direct customer feedback. In 2021, this included the launch of its newly redesigned interface to improve user experience. The new software experience includes a complete redesign focused on streamlined, modern design improvements and new software features. This is available to all Rentec Direct clients at no additional charge.
Also new in 2021, Rentec introduced a free onboarding program for new users. This personalized training introduces clients to the software with one-on-one support and a dedicated account specialist. Top competitors in the space charge a premium for onboarding and training, while Rentec offers this for free as a value add service to enhance client experience.
Rentec remains committed to the small to midsize property management sector, a large demographic that has been left without customized solutions by many other vendors in the space.
- You have the option to answer this final question: Reference any attachments of supporting materials throughout this nomination and how they provide evidence of the claims you have made in this nomination (up to 250 words):
Total 33 words used.
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