Yardi and NMHC Collaborate on Fee Transparency Tools

Product updates enhance fee transparency for property managers and renters

SANTA BARBARA, Calif., March 18, 2025 /PRNewswire/ -- Yardi®, a leading provider of real estate software, in collaboration with the National Multifamily Housing Council (NMHC) and the Real Estate Technology and Transformation Center (RETTC), introduces Rent Estimator, a tool that gives housing providers a simpler way to provide fee transparency for renters. Rent Estimator helps housing providers give future residents the ability to calculate their total estimated cost to rent and live at a property before deciding whether to apply.

"We are pleased to announce that our platform enhances fee transparency for both property managers and renters," said Arjun Rao, vice president at Yardi. "Our features are designed to help housing providers maximize transparency for renters while providing property managers with a simple way to communicate pricing to prospects." 

Rent Estimator will be available to all clients on the Voyager® 8 platform. Over time, Rent Estimator will also be available through the RentCafe® Marketing API for interface partners. 

Additionally, Yardi is enhancing its Internet Listing Service (ILS) syndication tool to ensure real-time data synchronization for ILS partners.

The Rent Estimator tool illustrates Yardi's continuing commitment to innovation and builds upon the proactive RentCafe.com enhancements introduced in 2023. These enhancements included an updated user interface that displayed fee disclosures, reinforcing Yardi's dedication to helping its clients provide renters with clear and upfront information.

Contact a representative for more information on how Yardi supports property managers and renters.

About Yardi

Yardi® develops industry-leading software for all types and sizes of real estate companies across the world. With more than 10,000 employees, Yardi is working with our clients to drive significant innovation in the real estate industry. For more information on how Yardi is Energized for Tomorrow, visit yardi.com.

About RETTC

The Real Estate Technology & Transformation Center (RETTC), strategically aligned with the National Multifamily Housing Council (NMHC), brings together real estate companies and technology providers to blaze a path forward for digital transformation in America. The Center serves as the preeminent advocacy, resource and networking platform for real estate and tech leaders as they navigate a long-term and complex technology-enabled transformation. This evolution will impact the renters and communities we serve, help address our nation's long-term housing challenges, improve business operations and enhance our ability to drive innovation across the economy.

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SOURCE Yardi