Qira, a credit and payment software provider for property owners and renters, today announced partnering with the Rent Stabilization Association (RSA), a trade association in New York catering to the residential housing market, according to a press release.
The partnership will help RSA’s 25,000 property owners and agents, and its tenants across more than one million apartments, access Qira’s platform, which integrates within a building’s property management technology for rent payment and communication.
The platform also monitors paper ledgers and management software, aiding the transaction process between properties and renters.
“We’re excited to partner with the RSA, an organization that does such important work on behalf of NYC’s property owners and managers,” says Revital Gadish, co-CEO, Qira, in the statement. “We welcome the opportunity to bring our technology to RSA members and their communities and look forward to continuing to provide the organization with robust solutions to meet the constant and complex needs they face.”
Qira says the benefits it will provide are Department of Housing Preservation and Development (HPD) Violations and Office of Administrative Trials and Hearings (OATH) Divisions include decision alerts, photo and video storage to document mitigation of violations, and a digital portal for property management to store a renter’s contact, payments and lease information.
It will also provide a mobile app with live chat to manage payments, communications and repairs, and an AI-based SMART screening technology which can collect data from more than 40 sources to give a holistic overview to renters. The firm says the technology will cater to renters with no or low credit scores and international tenants.
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“Qira’s technology provides us with the ability to alert our members in real-time of any regulatory changes or challenges that might put them at risk,” says Joe Strasburg, president of RSA, in the release. “In addition, Qira’s platform offers RSA members value-added resources for their communities including online rent payments.”
The partnership will also help RSA serve its members, tenants, and communities in the New York City metro area and also in the state, he added.
In other recent proptech news, Zego, a property management proptech company, released a report that found there is a rise in expectations for digital communications, the importance of resident reviews and rent growth influencing renter expectations. A partnership between The Confederation of Real Estate Developers’ Associations of India (CREDAI) and Venture Catalysts, a startup incubator, will establish a $100 million proptech fund in India.