Propra

PayProp is an automated transactional platform for real estate agents that is both easier to use and more powerful than existing solutions offered by banks and traditional software vendors. We hit upon the idea of PayProp in 2004 when confronted with the complexity, fragmentation and lack of trust surrounding payments in the residential rental market. Building on GivenGain’s processing platform, we delivered a solution that automatically and securely collects payments from tenants and seamlessly pays all property owners, third parties and agents’ commissions – directly into their bank accounts. PayProp eliminates inefficiencies in back-office operations, lowers administrative costs per transaction and applies leading technologies to automate entire process cycles. PayProp’s advanced technology enables property managers to collect and make fully reconciled payments.

Software services to market vacancies, receive online rental applications, screen tenants with credit and background checks, collect rent, manage maintenance requests, and track expenses. Ways tenants can pay rent: - with cash at any MoneyGram location (Walmart, CVS, etc.) - with their bank account - with credit or debit cards Rent can be collected monthly, twice per month, or weekly. Landlords can receive rent the same day that rent is withdrawn from a tenant's bank account with the QuickPay option. Late fees are automatically added to a tenant's account and you can stack any combination of late fees and daily late fees to match your lease terms. Easily review your rent status: - Multi-unit view shows how much rent has been collected and how much rent is due across all your properties or for specific businesses or units. - Unit view shows the complete status for a lease and you can easily add one-time charges (utility, etc.)