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Episode 44: Bye bye sparkrent and the trulia/zillow merger

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Bye Bye sparkrent and the trulia/zillow merger

Well we got some terrible news this week.  My favorite online rent payment system sparkrent is merging with intuit and quickbooks.  This is not great news, because this free service is going to be an add on feature for quickbooks now.  I already use quickbooks and although its an industry standard for accounting and bookkeeping its not really tailored to property managment.

I have been diligently searching for a replacement.  Here is what I found.  I am looking at trying two different services.  I am doing this for two reasons, first I don’t want to put all my “eggs” in one basket and secondly I will be able to test one service against the other.  Also, since I have different properties associated with different accounts it just easier to use separate services to ensure everything is kept separate.

Here is what I have found.

Cozy.co   This service is very easy to use and better yet.  Its FREE!! That’s right Free!!  They make money by selling credit checks on prospective tenants.  The nice feature about this service is that you can embed a link to an online application in a craigslist add or elsewhere so it can be filled out online and processed.

erentpayment.com   Although this site  in not nearly as polished as cozy it looks like a solid platform that I am seriously considering.

 

What does the Trulia and Zillow merger mean for us?? Who knows.  I think lots of people are waiting to see the effect of this merger.  These sites makes most of their income for realtors and advertising for buyers and sellers.  It will be interesting to see how this online real estate advertising giant will change things for the rest of us.

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