Baselane allows real estate agents to work with small landlords and investor clients, helping them manage properties in a scaled-down, non-enterprise technology environment.
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Here’s what’s next, now: Baselane is a web-based and mobile-forward rental property accounting and business management app. It allows real estate agents to work with small landlords and investor clients, helping them manage properties in a scaled-down, non-enterprise technology environment.
What you should know
The single-family housing market is maintaining its hot streak, sending more people to leasing agents and concurrently, more money into innovation to support landlords. However, it’s the smaller landlord that needs more business support from the tech sector, as institutional landlords have long been provided enterprise solutions that are cost-prohibitive to new and small rental investors.
- The Center for Real Estate Technology and Innovation (CRETI) reported that 2021 saw $32 billion in private investment enter proptech
- CRETI’s report showed that more than 20 percent of all proptech VC targeted multifamily
- “Tenant experience” was considered one of the most crowded segments of proptech, but 2022 should see providers separate from sector competitors, CRETI reports
- The number of renters, driven by the need for housing among those not able to enter the single-family market and socioeconomic pressure for affordable housing, continues to push the demand for apartments and rental property
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