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Propertyware and Rental Home Pros Form Strategic Partnership

Partnership Expands Marketing Reach of Propertyware Customers

(March 15, 2010)Propertyware, a leading provider of on-demand software services to the single-family real estate market, and a wholly owned subsidiary of RealPage, Inc., today announced a new partnership with Rental Home Pros (RHPros), an organization specializing in online rental listings and owned by the National Association of Residential Property Managers (NARPM©).

This new partnership provides Propertyware customers with the ability to post current vacancies across the web instantly with one click. RHPros syndicates listings across several public rental web sites, including Google Base, RentalAds.com, and more. This automatic syndication offers Propertyware customers true visibility on the web and ensures available rentals are easily located by prospects. Propertyware customers can also advertise property management services to a broad audience and specifically target their local markets. Using carefully analyzed market data from RHPros, customers can price their rentals more competitively before listing.

“This partnership provides our customers with the added exposure and web presence they need to fill vacancies quickly,” said Sina Shekou, president of Propertyware. “It is like giving our customers an extended sales team that is on-call 24/7 to promote their properties without the additional expense. It is a true time saver and all parties involved benefit, including property managers, renters and landlords.”

“In order to survive in this challenging market, property managers need to provide superior service to their owners and tenants while at the same time figuring out how to cut costs,” said Dave Holt, vice president, Rental Home Pros. “The integration that Propertyware and RHPros provide will do just that—reduce costs while still providing instant exposure to tenants. We are thrilled to partner with Propertyware to deliver this value-added service to property managers.”

For more information about Propertyware, visit www.propertyware.com. To schedule an interview with a Propertyware executive, please contact Michelle Peters at michelle.peters@realpage.com or (972) 820-4856.

About Propertyware
Located in San Francisco, California, Propertyware pioneered property management solutions for single-family and low density rental units through a full suite of on-demand property management tools that are self-provisioning. More than 2,000 companies utilize Propertyware, which comprises a full suite of integrated property management services: a real-time customized, hosted website; online payment processing via credit/debit cards and eChecks; work order management; customer portals; and accounting — all in one easy-to-use solution. For more information or a no obligation free trial, visit Propertyware at www.propertyware.com.

About RealPage
Located in Carrollton, Texas, a suburb of Dallas, RealPage provides Software-as-a-Service products and services to tens of thousands of apartment communities and hundreds of thousands of single family rentals across the United States. Its six on-demand product lines include OneSite® property management systems that automate the leasing, renting, management, and accounting of conventional, affordable, tax credit, student housing, and military properties; CrossFire® sales and marketing systems that boost occupancy and build retention; YieldStar® asset optimization systems that maximize asset valuation and investment return; Velocity utility management systems that accelerate payments for resident charges; LeasingDesk® risk mitigation systems that reduce a community’s exposure to risk and liability; and OpsTechnology spend management systems that help owners manage and reduce operating expenses. Through its Propertyware subsidiary, RealPage also provides software and services to single-family rentals and low density, centrally-managed multifamily housing. Through the Domin-8 acquisition, RealPage is adding additional property management systems to address the small and medium-size business (SMB) segment with Tenant Pro, Spectra, iCAM and other property management systems. Finally, RealPage now offers Infrastructure-as-a-Service to multifamily owners and operators to reduce IT costs and dramatically improve integration performance and reliability. For more information, call 1-87-REALPAGE or visit www.realpage.com.

About Rental Home Pros
RentalHomePros.com is the one-stop source for management, communication and marketing of your rental properties. A service of the National Association of Residential Property Managers (NARPM), RentalHomePros.com is the only property management site giving property managers valuable insight into market trends and advanced tools such as Comparative Market Analysis, SMS text inquiries and accounting software integration. Not just a listing service, RentalHomePros.com is out to improve and simplify how you run your business. For more information, visit www.rentalhomepros.com.

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