As the home rental market rises, a consequence of the foreclosure crisis that has led to a glut of vacant homes across the U.S., services to fill those homes with renters are ramping up.

LeaseRunner, a company founded in 2011 that digitizes the rental process for property managers and renters, has launched a streamlined version of its service.

As the home rental market rises, a consequence of the foreclosure crisis that has led to a glut of vacant homes across the U.S., services to fill those homes with renters are ramping up.

LeaseRunner, a company founded in 2011 that digitizes the rental process for property managers and renters, has launched a streamlined version of its service.

Currently, about 800 landlords in about as many cities across 48 U.S. states now use the service.

The update digitizes every step of the rental process, including rental applications, background checks, e-signature and rent collection. The interface is designed for use by both property managers and applicants/tenants, though property managers initiate the service.

The service, which looks clean and easy to use, charges users — either property managers and/or applicants/tenants, depending on the fee arrangement — on a pay-as-you-use basis. Rental applications are free; the cost of tenant screening is $30; eviction screening costs $12; business screening costs $50; and the payment collection service costs $3.

The Web-based service, which works on computers, tablets and smartphones, offers tools for document management, organization and storage.

LeaseRunner is designed to eliminate "common pain points for customers," said Joe Buczkowski, founder and CEO of LeaseRunner, in a statement. He noted that landlords, property managers, real estate brokers and tenants are among LeaseRunner’s users.

The service allows users’ sensitive information to remain private, so that renters don’t have to hand over their Social Security numbers and financial/payment information to property managers, for example.

Show Comments Hide Comments
Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription
×