The FBI's recent raid on Cortland Management reveals a nationwide conspiracy to inflate rents, potentially impacting millions of renters, including those in Rhode Island. Discover how RealPage's software allegedly manipulates rental markets and what this could mean for your rent.
There is a difference: data. Other software doesn’t have data on what apartments are empty and what they are all renting for. They can only get data on the one landlord (even if they have more than one landlord in the system they cannot combine the data for the two). The know how many apartments one landlord has free, but not what others might have - only what they advertise. They don’t know what other landlords are really charging, only what they are advertising they charge (which might be different). This lack of data means software cannot find the best possible rate for the landlord - instead each landlord has to guess what is best.