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http://www.rentjuice.com
March 03, 2011 09:00 AM Eastern Daylight Time 

RentJuice Acquires East Coast Competitor Kahoots, Announces Universal Price Drop for Real Estate Brokerages

Engages Kahoots founder as Director of East Coast Operations to strengthen partnership with rental industry in Boston, Chicago and New York

Accelerates expansion of customer base with lower pricing enabled by recent series B financing

BOSTON--(BUSINESS WIRE)--On the heels of a $6.2 million financing made public last month, RentJuice, the online platform that connects prospective renters, brokers and property managers to each other in real-time, today announced the opening of a Boston office with the acquisition of Boston-based competitor Kahoots and a universal price drop.

“I look forward to continuing my relationship with former Kahoots users and putting RentJuice in their hands, which is the most comprehensive, efficient approach to the rental process available.”

Kahoots has served the East Coast with a rental marketing solution since 2006. Kahoots customers’ data will be consolidated in RentJuice’s technology platform and users will now be able to take advantage of RentJuice’s ever-evolving product, which offers one-click ad syndication to 30 consumer websites like Trulia, Zillow and HotPads and features such as real-time listings sharing, lead tracking and paperwork generation.

“Our business is now future-proof,” said Jonathan Siegle of Linear Leasing, a Kahoots-turned-RentJuice customer. “We loved the access to Kahoots’ small team, but recently moved to RentJuice because of its functionality and ease-of-use. We now get the personal support we enjoyed with Kahoots, together with the strong resources and rapid innovation at RentJuice.”

In addition to providing local support by opening a new East Coast office, RentJuice is cutting its pricing across the board to a $129 per month flat rate for brokerages with up to 100 agents. The Company also offers RentJuice Free, a free product for property managers and landlords that allows users to instantly share their availabilities with partner agencies to shorten vacancies, as well as save time and effort.

With the acquisition, Kahoots founder Janak Sanariya will join the RentJuice team as Director of East Coast operations. Sanariya brings more than a decade of experience in data management and a thorough understanding of key RentJuice markets in the Northeast.

“We are excited to partner with Kahoots-turned-RentJuice users to help advance their businesses, as we do every day with each of our customers, new and longstanding,” said RentJuice CEO David Vivero. “Having a seasoned, knowledgeable team so accessible for our East Coast customers is integral to our long-term strategy to stay agile and prove RentJuice is the right business partner for rental industry professionals.”

“Enterprise customers deserve close attention, which I am dedicated to providing RentJuice users in Boston, Chicago, New York and beyond,” said RentJuice Director of East Coast Operations Janak Sanariya. “I look forward to continuing my relationship with former Kahoots users and putting RentJuice in their hands, which is the most comprehensive, efficient approach to the rental process available.”

For more information, please visit http://www.rentjuice.com/.

About RentJuice

RentJuice was founded in 2009 by CEO David Vivero and CTO Kunal Shah and is led by a team that helped grow companies like Salesforce.com, Market Leader, Vimeo and CollegeHumor. The Company pioneered the online software category Rental Relationship Management (RRM) and currently serves the Boston, Chicago, Miami and New York markets.

Contacts

RentJuice
Lauren DuBois, 917-573-2485
lauren@rentjuice.com

http://www.rentjuice.com

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