RealPage’s Response to False Allegations Concerning Its Revenue Management Software

Attacks on the industry's use of revenue management are based on demonstrably false information.

RealPage revenue management software benefits both housing providers and residents.

RealPage customers:

• decide their own rent prices,

• always have 100% discretion to accept or reject software price recommendations,

• are never punished for declining recommendations, and

• accept recommendations at widely varying rates that are far lower than has been falsely alleged.

RealPage revenue management software makes price recommendations in all directions – up, down, or no change – to align with property-specific objectives.

RealPage revenue management software never recommends that a customer withhold vacant units from the market. In fact, properties using our revenue management products consistently achieve vacancy rates below the national average.

RealPage’s revenue management products are purposely built to be legally compliant, use data responsibly, and are easily configurable to continue to comply if laws and policies change.

RealPage revenue management software serves a much smaller portion of the rental market than has been falsely alleged.

The truth shows the distorted narratives and lawsuits have no merit.