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Product Updates
[Collect Rent] More options when setting up Payments for Landlords
What is it?
Once an agent and a landlord/owner have selected a tenant for their property, the agent can initiate a security deposit on the landlord's behalf to streamline the rent payment process through RentSpree.
Why does it matter?
The agent initiating the security deposit on the landlord's behalf creates a seamless process for continuing the rental journey after screening and selecting a tenant. Once the agent initiates the payment, landlords will receive an invite to continue the security deposit process through RentSpree and initiate other payment types, such as rent and any other associated fees.
How does it work?
- Once you have logged into your RentSpree account, click on the Rent Payment tab in the menu bar.
- Once on the Rent Payment page, click the Set up for landlord button.
- Once directed to the Set up payments page, please enter the following information for the security deposit, then confirm the details and click Next:
- Information required: Property Address, Landlord Contact Information, Tenant Contact Information, Security Deposit Amount, Due Date, and any other move-in fees associated with the listing.
- Once all the information has been submitted, a success page will appear, notifying you that the landlord has been sent a message to initiate the security deposit payment for their RentSpree account.
- The landlord will receive the email below notifying them to initiate the security deposit with their existing RentSpree account or to create a new RentSpree account.
Who gets it?
Any agent with a RentSpree account.