AgentRentals

Perks lure tenants to online rent payments

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

About six years ago, Steven Van Praagh received a call from a friend who owned a couple of rental properties in the Harlem area of Manhattan. Praagh, who was a commercial website developer, listened to his friend's rant about being sick and tired of dealing with paper checks for rent payment. What his friend really wanted to know: Was there a way create a payment service online? Praagh listened, and then asked, "Would this be like PayPal for real estate?" And his friend's response was, "Yeah, exactly."Six years later, ClickPay is a bustling business. In short, the company provides property owners and managers the ability to accept secure online payments (rent, homeowners association fees and dues, maintenance fees, etc.) from residents via e-check, credit and debit card.  Steven Van Praagh What apartment owners and managers like about ClickPay is that they don't need a bunch of workers to hang around opening envelopes, processing checks and vi...