DIY Real Estate Solutions Sets New Revenue and New Client Growth Records in 2008

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DIY Real Estate Solutions, Inc., a web-based property management software provider, announced record revenue and client growth for the year ended December 31st, 2008. Continued focus on the independent owner and fee manager of rental property leads to strong growth year over year including 155% revenue growth and 85% new client growth, reports DIIY.

DIY is Software as a Service (SaaS) company

DIY Real Estate Solutions, a web-based property management software provider, today announced record revenue and client growth for the year ended December 31st, 2008.

Revenue growth year over year was up 155% from 2007 and new client growth exceeded 85% from 2007, reports DIY.

According to Steve Lloyd, co-founder and president of DIY Real Estate Solutions, "results for 2009 are already exceeding last years' numbers for the same period. We continue to see increasing demand in all sectors for our set of comprehensive, integrated Web tools and applications and technology services.

"While the economy is struggling in certain sectors, we are experiencing strong interest in technology services that lead to greater productivity and improved cash management, that are affordable and easy for independent business professionals to leverage," says Lloyd.

"DIY is Software as a Service (SaaS) company," he explains. "We deliver a suite of comprehensive and integrated applications for owners and managers of rental property over the Web. In the current economic climate, this model gives the property manager/investor unprecedented ability to respond to opportunities in this rapidly evolving real estate market.

"SaaS companies are growing as a practical alternative to access technology versus the conventional process of purchasing software and the infrastructure to run it," explains Lloyd. "We work similar to the utility companies. We provide the infrastructure of the latest software and technology services for property owners and managers to run their businesses. Virtually all they have to do is plug into the Internet.

On the subject of growth, Lloyd says, "we are extremely optimistic and expect our growth to continue in 2009. January results were right on target and support our outlook."

About DIY Real Estate Solutions, Inc.

DIY is the developer of a comprehensive, integrated set of online rental property management software applications designed specifically for the independent rental owner and manager with less than 2000 apartment units or single-family dwellings. The company provides leading edge, real estate-specific solutions including comprehensive lease and data management functionality, complete property accounting, credit screening, electronic rent payments via credit cards and ACH processing, debt collection servicing and state-of-the-art marketing and resident portals. With headquarters in Cleveland, Ohio, the company can be reached at 866-602-9007, ext. 603 or visit DIY Real Estate Solutions.


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