Rental Resident Acquires Shazaam Marketing, Now Owns ApartmentLinks, eRefferal Networks and ApartmentReviews Brands
Rental Resident, Inc. has completed the acquisition of Houston-based Shazaam Marketing Group, LLC.
Pittsburgh, PA (PRWEB) May 21, 2007 -- Rental Resident, Inc. has completed the acquisition of Houston-based Shazaam Marketing Group, LLC. Shazaam operates over 100 online sites focused on the 30 million rental households nationwide.
As a result of the transaction, Rental Resident strengthens its existing group of premier online brands. The best known brands include:
- Rental Resident, the first social networking platform dedicated to the residential rental community
- Ten-year old pioneer ApartmentLinks, a large Internet Listing Service for rental properties
- eReferral Networks, Inc., which owns the patent on renters getting rewards when they sign a lease through the efforts of a real estate firm
- ApartmentReviews, a leader in the hot user generated content space of ratings and reviews
"By providing free information that renters value, Shazaam fits perfectly into the Rental Resident tenant based model," says John Hathaway, Chairman and CEO of Rental Resident. "We improve and enhance the rental experience throughout the entire cycle. From the initial search and selection, through the average three-year tenure at a property, and ultimately to their eventual transition to home ownership."
"Becoming part of the Rental Resident family enables Shazaam to offer benefits to renters beyond the initial search process," says Bill Hinson, President, Rental Resident and founder of Shazaam. "By using our free technology, renters can now 'Rent Smarter' and play on a level field. It's an exciting time for them and for Rental Resident."
About Rental Resident
Rental Resident, Inc. owns and operates several premier online brands focused on enhancing the social and financial experience for the 30 million rental households nationwide. For additional information, visit www.RentalResident.com.
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