Manage payments on behalf of tenants, agents, and property owners, generating new revenue for your marketplace without any extra overhead.
Add another revenue stream to your marketplace by collecting a custom set fee on every transaction without employing the necessary payments, fraud, and support specialists needed to manage it all.
Facilitate first month’s rent, bond, ongoing rent, holding deposits, and full house payments
Collect a flat or percentage fee from tenants, home buyers, agents, home owners, or any combination you prefer
Create referral opportunities and revenue through the on-selling of utilities, removalists, and more
Offer users choice and convenience, while providing a safe and secure experience without leaving your site
Tenants and home buyers can make payments of any size using their preferred payment method, simply and quickly, on any device they like, and without the need for paper checks or visits to the bank.
Pay first month’s rent, bond, ongoing rent, holding deposits, and entire house purchases all online
Multiple payment methods including credit and debit cards, bank transfers, and PayPal
Tenants can pay anywhere, on any device at any time in a simple, convenient, and hassle free way
No need for cash, paper checks, time wasted visiting banks, or trips to agent offices to make payment
Agents and homeowners can easily collect real estate and property payments quickly and efficiently, reducing the need to chase applicants and deal with extra hassle, allowing them to take the property off the market faster.
Collect first month’s rent, bond, ongoing rent, deposits, and house purchases in minutes
Dramatically reduce wasted time chasing applicants, tenants, and home buyers for due payments
Tenants can be approved in a single click, credit checks included, with properties being taken off the market faster
Agents can use custodian, trust, or holding accounts managed by PromisePay, or use their own
The real estate industry is vast and we’ve only just begun to scratch the surface when it comes to opportunity for technology-enabled innovation.
Perfect for collecting and disbursing property payments
At the rental application stage, your marketplace can collect and hold a tenant’s initial upfront security payment, and disburse it to real estate agents or property owners on your behalf.
Auto generate bond payments from tenants into emailable bond checks, digital money orders, or straight through payments, compliant with relevant state or country requirements.
Collect ongoing rent from tenants automatically using simple and convenient bank withdrawals or text approvals, and disburse to real estate agents or property owners.
For a home buyer or agent to hold or reserve a property, your marketplace can collect a holding deposit and disburse it to agents, developers, or property owners.
For the sale of a property, your marketplace can facilitate the entire transaction of a house, between home buyers and home sellers, simply and compliantly.
Collect full payment from the home buyer upfront, hold it securely in escrow, then release the funds to the property seller only once terms are met and the sale closes.
When tenants or home buyers apply for a property rental or purchase, your marketplace can take care of the transaction simply and within your platform.
To collect advertising fees from agents or property owners, your marketplace can create automated subscription billing, reminders, and collection.
Real estate agents and landlords can run tenants and home buyers through an identity verification to confirm their credit worthiness and ratings.