What are the fees to use your service?
We offer two pricing options based on whether the tenant will use bank data to verify the lease payment history. If the tenant is not able to connect to Plaid to verify payment history, we recommend the Flat-Fee option that does require landlord/property manager involvement to review the lease details.
Monthly Fee (Bank Verified Payments):
Set-Up Fee: $0
Ongoing Reporting: $2.95/month
Past Reporting: $0.50/month
Additional Roommates or Spouse: Free*
*If roommate or spouse submits payments through a separate bank account, a separate Monthly Plan would be required. Limit of 5 tenants per Lease record.
Bank Verification (Plaid): Yes
Billing: Initial invoice billed approximately 15 days after registration and then every 3 months for any reported months. If no reporting occurs, there are no fees charged for that month.
If there are between 1-4 Past Reporting months on an invoice, a $2.00 service fee will be added.
The current month would be considered Ongoing Reporting and any prior months would be included in the Past Reporting pricing. For example, if you registered in April then April would be billed at $2.95 and any past payments, such as March, at $0.50.
Flat-Fee (Landlord/Property Manager Verified):
For each lease, the set-up fee is required to activate the reporting and report past payment history, up to 24 months. We do not charge a separate fee to report past payment history as that is included with the set-up fee.
Set-Up Fee: $49.00
Ongoing Reporting: Included
Past Reporting: Included
Additional Roommates or Spouse: Free
Bank Verification (Plaid): No
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What are the fees for the Monthly Plan Pricing Option?
Set-Up Fee: $0 Ongoing Reporting: $2.95/month Past Reporting: $0.50/month Additional Roommates or Spouse: Free* *If roommate or spouse submits payments through a separate bank account, a separate Monthly Plan would be required. Limit of 5 tenants per ...How do you compare to other reporting services?
Our focus is to provide an affordable reporting option with simple pricing. We don't believe you should be paying over $100.00 or considering a payment plan to simply report rental payments. By utilizing online verification processes and by ...How does the monthly billing occur or if no reporting occurs?
If you are using our Monthly plan, we do not bill you for months with no reporting. After the initial invoice, we bill every three months for any reported months in the prior period. The month you add your Lease to the service, plus any future ...May I invite my landlord/property manager to use the service?
We recommend using our Verification Wizard to verify your payment history through your bank account or by uploading proof of payment history. The Verification Wizard does not require that your property manager or landlord be involved with the ...What is the cost as a landlord or property manager?
There is no cost to register with our service. The tenants will pay for the reporting fee, however you may choose to pay for the reporting fee if you prefer.