RadPad Launches Lease with RadPad, Simplifying End-to-End Apartment Rental Transactions Using DocuSign

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Becomes 1st Rental Marketplace to Allow Both Landlords and Renters to Electronically Execute Leases

RadPad, the nation’s leading rental marketplace, today launched Lease with RadPad to simplify end-to-end apartment rental transactions for landlords and renters. In doing so, it becomes the first rental marketplace to let landlords and renters electronically execute leases. Landlords can now list apartments & homes, qualify tenant applications, sign leases, and accept debit and credit card payments without ever leaving the RadPad marketplace.

“Tens of thousands of small and medium-sized landlords across the country have a new apartment to rent every 80 seconds,” said Jonathan Eppers, CEO and co-founder of RadPad. “This creates a problem as listing platforms such as Trulia and Apartments.com, which work well for large real estate investment trusts, fall short in helping ‘Main Street’ landlords with managing rental transactions from beginning to end. As the first rental marketplace to offer electronic lease signing, we have closed the loop on an end-to-end solution for this long tail of landlords. Thanks to RadPad, their properties will spend less time vacant and more time making money.”

Using Lease with RadPad, landlords can simply list their apartment or home rental by entering where it is located and how many bedrooms the property has. They can then price their listing with the help of RadPad, which analyzes nearby rental prices to assist landlords with pricing competitively. Landlords can also choose if they’ll allow pets and set the security deposit amount.

After listing the square footage and when the rental property is available, landlords can enter the apartment’s description and features. They are also prompted to add photos and videos to capture the attention of prospective tenants. In just a few short minutes, the listing becomes live. Landlords can also take advantage of a la carte, paid features including:

Professional photos of their listings.

  • Boosting listings to the top of apartment search results on RadPad.
  • Managing active leases in the cloud.
  • Instant notification of browsing renters for soft leads.
  • Tracking of property engagement and driven leads via a weekly performance chart.
  • Priority phone and email support from RadPad.

"With Lease with RadPad, I can list my properties, qualify new tenants, accept rent payments and sign leases all in one place," said Allan Arfa, a landlord with properties in Los Angeles. "I don't have to worry about tracking down late rent or where to store all my executed leases. It's all on RadPad!"

Electronic lease signing is being made seamless for landlords and renters within the RadPad marketplace via DocuSign’s Application Programming Interface (https://www.docusign.com/developer-center). Using DocuSign’s industry-leading eSignature solution (https://www.docusign.com/products/electronic-signature​)​ and Digital Transaction Management (DTM) platform, landlords complete rental transactions 100% digitally.

“We’re excited to have RadPad standardized on DocuSign for eSignature and Digital Transaction Management to simplify the rental transaction process for tens of thousands of landlords and more than 100 million renters across the country,” said Georg Gerstenfeld, vice president and general manager, Global Real Estate Solutions at DocuSign. “Our integration with RadPad will enable landlords to save time and money by making the entire listing to lease process digital – all while creating a great experience for their tenants.”

Landlords can start completing more rental transactions, faster, by listing their rental property at: http://www.onradpad.com/list.

About RadPad

Founded in January 2013 and based in Los Angeles, California, RadPad is a rental marketplace that enables renters to find an apartment, apply, sign leases and pay their rent. It allows landlords to list apartments & homes, qualify tenant applications, sign leases, and accept debit and credit card payments without ever leaving the RadPad marketplace. The company has raised more than $14M in funding from investors that include Altpoint Ventures, Goldcrest Investments and AmplifyLA. To find an apartment, list an apartment, pay or collect rent, or sign a lease, visit http://www.onradpad.com or download the app for free on iTunes or Google Play.

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