Feldman Real Estate Inc. Selects WilliamPaid for Online Rent Payment Services

CHICAGO, Nov. 16, 2010 /PRNewswire/ -- WilliamPaid today announced the selection by Feldman Real Estate Inc. of WilliamPaid as its exclusive provider of online rent payment solutions for its tenants.  Beginning today, tenants of Feldman Real Estate, a leading property management company headquartered in Milwaukee, Wisconsin, will be able to pay their rent directly on the Feldman Real Estate website using a credit card or bank account.

"We are thrilled that Feldman Real Estate has entrusted WilliamPaid to facilitate their rent payments," says Jeff Golding, President of WilliamPaid, the online rent payment and credit-building service.  "By adopting WilliamPaid, Feldman Real Estate can respond to their tenants' needs for a rent payment alternative that provides ease, flexibility and the ability to share and manage rent payments with their roommates."  

"We have been looking for an online, rent payment solution for a long time.  With WilliamPaid, not only did we get the services we wanted – online rent payment for our tenants and direct deposit for us, there is no cost to us to offer our tenants this increased convenience and flexibility," said Gary Feldman, President of Feldman Real Estate, which has nearly 1000 units under management.

Feldman believes that offering tenants online rent payment like WilliamPaid will help accelerate rent payments and reduce late or missed rent payments.  He added, "In addition, with direct deposit, we believe that we will significantly cut our rent collection administration efforts."  

Feldman also commented on the streamlined implementation process with WilliamPaid.  "For us, the ease and simplicity of integrating the WilliamPaid platform was unbelievable.  From making our decision to implementation, it took only a few days to have the platform up and running."

Feldman Real Estate will also use the WilliamPaid platform for application fees, move-in fees and other miscellaneous tenant costs.  

About WilliamPaid

WilliamPaid is an online resource for renters and roommates, providing flexible rent payment options, including paying rent online with a credit or debit card, group rent payment tools to share, manage and pay rent and credit building services. WilliamPaid also offers landlords and property managers no-cost rent payment solutions. WilliamPaid is headquartered in Northbrook, Ill. Learn more: www.williampaid.com.

About Feldman Real Estate

Feldman Real Estate is a property management company with over 40 years experience managing and developing residential real estate properties in Wisconsin.  Learn more: www.feldmanrealestate.com.

SOURCE WilliamPaid