It's clear—now more than ever, rentals matter.
There are more Realtors® in the U.S. than homes available for sale, and with more than $12 billion in estimated rental commissions available nationally each year, there is clearly money to be made with rentals. Successful real estate professionals are actively adapting to the reality that rentals must make up a core part of their business.
Sixty-five percent of today's renters are millennials, and the same millennials are also the largest demographic driving more than forty percent of all sales transactions. And while three out of eight millennials believe they'll rent for life, three out of the remaining five plan to buy in the next thirty-six months.In a sales-constrained environment, the demand for rentals is abundantly clear. This demand is not new, with rising affluence amongst renters, and greater agent commissions available, rentals are an increasingly viable and essential cornerstone of agents' business plans.
Don’t take our word for it, take theirs. Discover how Rental Beast has helped thousands of agents build a meaningful pipeline within their spheres of influence.
"I would recommend any new agent looking to start or grow their business or any seasoned agent needing access to off the market listings and owners to partner with Rental Beast! I converted a renter lead into a buyer purchasing a $870k condo and I am closing on a $8k rental as well. They have provided some of the best leads I have received from a company in over 20 years in the business."
I just had my best month ever, with 28 rentals and over $10K in commissions. They call me "Ron Rentals" in the office, and now they all want Rental Beast!
I’ve already closed three deals with Rental Beast! And just today, I have a client that I showed one property to and they rented! Thank you Rental Beast for helping me get off to a fast start with my rental business.