RentSpree Releases User Survey Report Showing How Agents Leverage Rentals & Technology to Expand Business

2020 was a monumental year that brought change with lasting effects on the real estate industry. During that time and leading into 2021, the demand for rentals has never been greater.

News provided by

RentSpree

Jun 03, 2021, 18:32 ET

LOS ANGELES, June 3, 2021 /PRNewswire/ -- RentSpree, the leading tenant screening company, has released its findings from a user survey of real estate professionals detailing how the real estate industry adapted to new methods of marketing, selling, and leasing homes during the pandemic.

This user survey report uncovers a variety of findings including:

The Future of Real Estate: Rentals + Technology

Why agents and brokers should embrace rentals
Why leveraging technology and social media are keys to building business
What experienced agents feel are the most important things to having a long-lasting business

In 2020, agents with 3 years or more of experience were 3 times more likely to complete a rental transaction. This survey finding shows that more experienced agents are working on more rentals than new agents, with new agents underestimating the potential that rentals can bring to overall business.

Experienced agents also rely on social media now more than ever, with 40% of agents with 10+ years of experience utilizing social media platforms such as Facebook and Instagram to market their listings.

With the number of rental transactions increasing, there is an upside to real estate agents doing rentals - which is a lead generation tactic and additional revenue-generating opportunity. It's a connection that greatly enhances the likelihood of retaining that renter when they are looking to purchase.

Download the free survey report here: www.rentspree.com/rental-technology-survey-2021

About RentSpree

RentSpree provides award-winning software known in all 50 states for its universal tenant screening process, renter management, partnership program, and rental screening API that enables any platform to incorporate an automated screening process in as little as one week.

SOURCE RentSpree