LONG BEACH, Calif., Oct. 18, 2022 (GLOBE NEWSWIRE) — THE CALIFORNIA ASSOCIATION OF REAL ESTATE AGENTS® (CAR) today announced the launch of the California Rental Listing Service, the first statewide database of rental properties serving the state of California. Powered by Rental Beast, the leading provider of rental data and rental software solutions exclusively recommended by the National Association of REALTORS®The California Rental Listing Service was developed by Rental Beast and CAR’s Real Estate Business Services, LLC (REBS) – the leading source of essential real estate services for CAR’s more than 217,000 members.
Available to CAR members through car.org and to California renters coming soon to rlsca.com, the service gives users an unparalleled view of available rental listings statewide, with search results returning both listings rental properties represented by CAR members and properties originating from Rental. Beast’s comprehensive database of rental listings from the owner. California-based MLSs have the ability to integrate with the service, giving their subscribers direct access through their existing systems, becoming centers of excellence for leasing as they are today for buying and selling. sale.
In an effort to provide California renters and CAR members with the most transparent and comprehensive view of the California rental market, the Rental Listing Service is launched with nearly 500,000 rentals in San Diego, Los Angeles, Bakersfield, Fresno, Sacramento and the Bay Area, and will expand to include quality rental data listings covering the entire state.
By combining CAR and Rental Beast member listings, potential tenants in California now have a free portal to find available rentals – rlsca.com – the source of truth for viewing what rentals are available and at what price – otherwise unavailable through popular consumer portals and local multiple listings (MLS) services alone.
In addition to rlsca.com, CAR members also get free access to Rental Beast’s suite of prospecting, renting and buying software platforms, with tools to manage basic rental functions, create comparable market analyses, process rental requests and select tenants. . Additionally, MLS and REALTOR® Associations across the state have the ability to integrate California Rental Listing Service data and associated Rental Beast software into their MLS systems, supplementing their own rental data and services at lower costs and faster turnaround times.
With continued scarcity of resale home inventory and impact on housing affordability across the country, CAR is turning to future-proofing real estate agents®‘ businesses.
“Residential leasing remains a complex and increasingly important segment of the California real estate market. With demand still high and a record inventory of homes for sale and with interest rates at a 14-year high, many potential California buyers are turning to rentals,” said REBS President Jared Martin. “California now have a powerful resource for finding the home that best suits their needs, as well as a direct connection to California real estate agents.®who now have direct access to rental market data and tools to facilitate fast and affordable rental transactions.
Along with the launch of rlsca.com, Rental Beast and CAR proactively invited property managers, landlords and CAR members to add their rentals to the marketplace. CAR members can add or claim existing listings in the service, and property managers and landlords across the state can easily add rental listings at no cost by enabling distribution to Rental Beast within their rental platforms. property management.
“This partnership has been carefully designed to benefit California tenants, California real estate agents®, California landlords and California multi-listing services,” said Ishay Grinberg, Founder and CEO of Rental Beast. “It’s a new day for tenants, property managers and real estate professionals in California. They now have a transparent and trusted source of truth for residential rentals when they need it most, and we look forward to working with CAR and California-based MLSs as we continue to democratize the California rental market.
About Business Real Estate Services
Real Estate Business Services LLC (REBS) is a subsidiary of the CALIFORNIA ASSOCIATION OF REALTORS® (CAR) and is the leading provider of real estate products and services to practitioners in California and nationwide.
About Rental Beast
Rental Beast is a leading real estate technology company with an end-to-end SaaS platform designed to empower real estate professionals and the most comprehensive database in the nation with over ten million rental properties. Sourced directly from landlords, updated in real time, and offering a quality rental data set, the Rental Beast database gives real estate professionals an unparalleled view of all properties and all landlord types.
Using seamless and secure integration, participating MLS and REALTOR®® Associations can capture thousands of properties that are normally out of MLS inventory and leverage the essential search, data ingestion, and maintenance systems needed to help member agents and subscribers capture their share of $12 billion in annual rental commissions.
Rental Beast is recognized and supported by Second Century Ventures, the capital and strategic growth arm of the National Association of REALTORS® and is a proud member of the REACH-Canada 2022 program. Learn more at Rentalbeast.com/MLS.
About the California Association of Realtors®
Open the way…® in California real estate for over 110 years, the CALIFORNIA ASSOCIATION OF REAL ESTATE AGENTS® (www.car.org) is one of the largest state trading organizations in the United States with more than 217,000 members dedicated to advancing professionalism in real estate. CAR is headquartered in Los Angeles.