RealPage Deposit Insurance – The Security Deposit Alternative That’s a True Win-Win
RealPage® Deposit Insurance eliminates lost leases due to high deposits, provides owners with additional revenue, helps residents hang on to more of their money and streamlines data flow and deposit processing time—all at a fraction of the cost of other solutions.
Generate Ancillary Revenue for Owners
Starting as low as $8/month, a unit with little to no damage or outstanding balance can generate average ancillary revenue of $48 annually per unit. Deposit Insurance also reduces time spent on deposit management and processing, helping on-site staff work more efficiently.
Reduce Move-In Costs for Residents
Deposit Insurance eliminates the need for residents to provide a large cash security deposit. This not only helps operators reduce move-in costs for residents by hundreds, if not thousands, of dollars, but it also allows residents to hang onto much-needed cash in these difficult times.