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Apparently, RealPage only serves 10% of the rental market in San Francisco: https://jacobin.com/2024/08/realpage-software-housing-landlords https://jacobin.com/
by Manuel_D 2y ago
Apparently, RealPage only serves 10% of the rental market in San Francisco: https://jacobin.com/2024/08/realpage-software-housing-landlords https://jacobin.com/2024/08/realpage-software-housing-landlo...
> The company has reported that it provides these services to 10 percent of the rental market in San Francisco.
RealPage doesn't have nearly enough market share to engage in price-fixing. If it tried, its units would stay vacant as other renters flock to the 90% of units that aren't using RealPage.
- medvezhenok 2y agoSure, but what matters is what percentage of the apartments with vacancies RealPage controls. Many apartments don't turn over year-to-year, so that 10 percent might or might not be misleading.
- 0x457 2y agoYeah, aside from privately owned properties (comes with its own set of issues), every company managed property I've rented was priced by RealPage. I know it's a very anecdotal and non-scientific.