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Rently and Kwikset® Announce Partnership to Develop Smart Bolt Elite with Kwikset® SmartKey Security®
Rently and Kwikset® Announce Partnership to Develop Smart Bolt Elite with Kwikset® SmartKey Security®

Yahoo

time03-04-2025

  • Business
  • Yahoo

Rently and Kwikset® Announce Partnership to Develop Smart Bolt Elite with Kwikset® SmartKey Security®

Next gen smart lock for the rental industry merges advanced security with Rently patented touring and Kwikset® re-keying technologies for a secure and frictionless rental experience LOS ANGELES, April 03, 2025--(BUSINESS WIRE)--Rently, the leader in self-touring, smart access, and home automation solutions for the rental industry, today announced a partnership with Kwikset, a trusted name in residential security since 1946, to introduce the Smart Bolt Elite—a next-generation smart lock designed to enhance unit access control for the rental housing market. By combining Rently's expertise in leasing automation, patented self-guided touring, smart home technology with Kwikset® SmartKey Security® advanced re-key technology solution, the Smart Bolt Elite will deliver a versatile, all-in-one smart lock designed to meet the evolving needs of rental operators. The Smart Bolt Elite is engineered to enhance security and streamline access control in the single-family and multifamily rental markets. Traditional access solutions in the rental industry have long been fragmented, forcing operators to choose between Bluetooth-only locks, Wi-Fi/cellular centralized hub solutions or non-smart access options—each with trade-offs in security, convenience and affordability. The Smart Bolt Elite eliminates this compromise, combining the best features of all three into a single, seamless solution. "The future of rental property management hinges on seamless, secure and scalable technology. With Smart Bolt Elite, we're not just introducing a new lock—we're redefining what access control can look like in the modern rental landscape," said Clark Li, CTO & Co-Founder of Rently. "By combining security, automation and flexible smart home integration, we're giving property managers the tools to enhance both operational efficiency and resident experience. This partnership with Kwikset represents a major step forward in creating a smarter, safer and more connected rental industry." Key features of the Smart Bolt Elite include: Seamless, hub-independent access: Operates with or without a hub, allowing property managers to control access via Z-Wave or Bluetooth. The lock can be used as a standalone smart lock or integrated into a larger smart home ecosystem—ensuring flexibility across diverse property portfolios. Multiple access options: Supports fobs, codes, mobile app, and physical keys for ultimate flexibility, ensuring 24/7 functionality even without constant internet or cellular connectivity. Enhanced with Kwikset® SmartKey Security® advanced re-key technology: Protects against common break in methods like lock picking and bumping, while enabling property managers to instantly re-key locks themselves. This eliminates the security risks and costs associated with lost or unreturned keys and streamlines tenant turnover, significantly reducing the need for expensive cylinder replacements or locksmith services. Self-touring compatibility for a frictionless leasing process: Unique, auto-expiring access codes provide secure, independent property tours, minimizing the need for manual key exchanges while enhancing security, and offers full remote management capability. Designed for Rently's Proptech Ecosystem: The Smart Bolt Elite is part of Rently's expanding suite of smart home solutions, seamlessly pairing with other Rently solutions, such as the Access Panel with Intercom, which enables secure, video-enabled entry management for shared spaces like gated entrances and lobbies. Together, these technologies offer property managers a comprehensive platform to optimize leasing, security, and resident experience. This partnership represents a major milestone for both companies, marking the first smart lock designed specifically for the proptech sector. The Smart Bolt Elite offers a long-term security solution for real estate operators in single-family and multifamily rentals, enabling greater security, convenience and cost savings. "A smart lock with both Rently and Kwikset SmartKey technologies is a game-changer for property managers. As the inventor of DIY re-key Kwikset provides unmatched convenience during resident turnover, while simultaneously delivering the robust security residents deserve. We're proud to partner with Rently to offer this proven, reliable solution that simplifies life for everyone involved," said Jeff Sandoval, Director of Marketing for Kwikset Electronics. Testing for the Smart Bolt Elite is currently underway, with a full launch expected in fall 2025. For more information on the Smart Bolt Elite, visit About Rently For single-family & multifamily owners/operators who want to maximize tenancy rates, efficiency and profitability, Rently is a proptech solution company that offers best-in-class leasing automation services and smart home solutions so customers can lease faster, secure their communities, streamline operations, and increase NOI — all from one platform. Whether you're seeking to increase security, reduce operating costs, or increase rental revenue, Rently has a tailored solution for you. Learn more at About Kwikset® Kwikset is the leading residential lock manufacturer, making homeowners feel safe since 1946. Kwikset works hard to understand the world you live in, so that we can do everything we can to protect it. The company's unwavering commitment to meeting homeowners' needs has inspired its innovative lock portfolio that includes patented SmartKey Security® deadbolts, keyless entry combination locks, connected home technology, Bluetooth-enabled Aura™, Wi-Fi and Matter enabled Halo™, door hardware with Microban® antimicrobial product protection and a wide variety of styles and finishes. Our interior and exterior door products provide customers with the quality, technology, durability and style they want while guaranteeing the highest level of security. Headquartered in Orange County, Calif., Kwikset is part of ASSA ABLOY Americas Residential, an ASSA ABLOY Group Company. Kwikset products are sold online and through retailers and distributors throughout the U.S., Canada, Mexico and Australia. Visit us at View source version on Contacts Media ContactIdea Groverently@

Rently Declares War on Scammers with Integrated, Data-Driven Technology for Secure and Seamless Housing Rentals
Rently Declares War on Scammers with Integrated, Data-Driven Technology for Secure and Seamless Housing Rentals

Yahoo

time24-03-2025

  • Business
  • Yahoo

Rently Declares War on Scammers with Integrated, Data-Driven Technology for Secure and Seamless Housing Rentals

SINGAPORE, March 24, 2025 /PRNewswire/ -- Rently Pte Ltd, Singapore's fintech startup in the property sector, has declared war on rental scammers with its integrated services technologies that offer secure housing rental transactions for tenants and a smooth process for landlords. Between January and October 2024, over 430 rental scam cases were reported in Singapore, resulting in losses of at least $2.7 million. Common scam tactics include fake rental listings on Facebook and Carousell, and impersonating legitimate property agents. The surge in scams has added to market challenges, including rising vacancy rates, and increased disputes, with landlords bearing the burden of paying government wealth taxes on vacant properties. Rently addresses these challenges by offering essential solutions such as landlord verification, secure payment methods, and advanced scam prevention technologies. The platform's Rently Care service, Asia Pacific's first deposit-free subscription, provides tenants with financial flexibility while protecting them from rental scams and disputes. Rently Care allows tenants to rent without a deposit, as Rently covers the deposit for landlords, alleviating the financial burden on tenants and ensuring landlord security. A real-life example of Rently's impact is seen in the story of JM and Faz, a couple who lost S$7.2K in a deposit scam through a fake Facebook rental listing. After the incident, they turned to Rently for support and have since partnered with the platform to spread awareness about fighting rental scams, sharing their experience to help others avoid similar pitfalls. Rently enhances security by collaborating with ExpatHandovers for thorough inventory checks, often identifying hidden or costly issues that might otherwise go unnoticed. Tenants also benefit from complimentary home contents insurance underwritten by Chubb, adding an extra layer of security. All property listings on Rently are verified through Singpass MyInfo, ensuring only verified and trusted partners are listed. As an associate partner of the Real Estate Developers' Association of Singapore (REDAS), Rently collaborates with reputable co-living and serviced apartment providers, such as Habyt, Far East Hospitality, and Casa Mia, ensuring secure and reliable housing options. The platform features an AI-powered application process along with AML (Anti-Money Laundering) and anti-fraud checks, creating a safe and transparent rental environment. Rently also offers a hassle-free process for landlords. Landlords can list properties for free, receive security deposits directly from Rently, and manage contracts seamlessly with Singpass integration. Rently's platform enables landlords to draft professional-grade contracts in just 60 seconds ensuring fairness and consistency and simplifying the rental process Through Rently Pay, a free service that ensures timely rent payments, landlords receive one month of guaranteed rent payout in case of tenant default. Rently pays rent in advance to landlords and then deducts the amount from the tenant's account, ensuring the full payment is received with no deductions "At Rently, we are committed to transforming the public's perception of housing rentals by making the process secure, seamless, and scam-free. We are collaborating with Habyt to automate end-to-end payments enhances convenience and transparency. We are also planning to introduce a platform and helpline for deposit disputes, offering services and information to assist individuals in recovering their funds," said Shirley Tang, Chief Growth Officer, Rently. About Rently Founded in 2022, Rently Pte Ltd is a Singapore-based fintech startup in the property space that provides deposit-free rental solutions through their proprietary Rently Care subscription and property management services via the Rently app's inventory feature. Rently allows the flexibility of listing any property type and aims to connect potential tenants with landlords, agents, and enterprises in a secure and effective way. The platform ensures that the process of renting a property is transparent, safe, and efficient. Rently is also a subsidiary of REFIN Group Limited. View original content: SOURCE Rently Sign in to access your portfolio

Budget Hygge and Pet-Friendly Design Top 2025 Rental Decor Trends, New Rently Study Shows
Budget Hygge and Pet-Friendly Design Top 2025 Rental Decor Trends, New Rently Study Shows

Yahoo

time04-03-2025

  • Business
  • Yahoo

Budget Hygge and Pet-Friendly Design Top 2025 Rental Decor Trends, New Rently Study Shows

Rently survey reveals how renters are embracing cozy, affordable design in 2025, proving that leases can't stifle style and comfort. LOS ANGELES, March 04, 2025--(BUSINESS WIRE)--With apartment living on the rise and homeownership increasingly out of reach, renters are turning to design to reclaim control over their spaces in 2025. According to a new survey from Rently, renters are prioritizing cozy, budget-friendly aesthetics this year, with 79% embracing soft, layered lighting to set the mood and 72% sticking to the clean lines and warm neutrals of minimalism to create a warm and stylish retreat. And pet-friendly design is gaining traction, with 69% of renters making their furry friends a key part of their decor decisions. To explore the creative ways renters are styling their spaces while working within the constraints of rental living, Rently partnered with the third-party survey platform Pollfish on the Rently 2025 Apartment Design & Decor Trends Report to uncover the plans of 500 U.S. adults aged 18+ who live in a rental home and are planning to refresh or decorate their space in 2025. Key findings include: Budget-friendly makeovers are the norm. A third of renters (38%) plan to keep their décor spending between $101-$500, but 29% are willing to invest up to $1,000 to create a space that feels like home. Cozy, moody, and minimalist vibes are here to stay. 87% of renters say they'd rather stay in than go out, and are creating cozy, well-curated spaces that feel like a personal retreat. 79% are embracing soft, layered lighting to set the mood, while 72% stick to minimalism, favoring clean lines, warm neutrals, and intentional design choices that make their homes feel both stylish and serene. Smart home technology and pet-friendly are the new must-haves. 71% of renters are looking for built-in security cameras, 33% prefer keyless entry, and 50% want smart lighting to set the mood. And since home is just as much for pets as it is for people, 69% of renters are designing with their furry friends in mind. Some trends are officially over. Say goodbye to chevron prints (66%), paisley patterns (71%), and the Coastal Grandmother aesthetic (63%)—renters are moving toward more curated, layered spaces with vintage influences. Living rooms and bedrooms are the epicenter of design. 46% of renters focus on refreshing their living rooms, while 44% bring a fresh look to their bedrooms. Outdoor spaces are also getting a glow-up, as 11% turn balconies and patios into functional retreats. Renter-friendly upgrades take center stage. With lease restrictions limiting renovations, creativity thrives—45% of renters plan to refresh their space simply by rearranging furniture, 37% will turn to plants for a natural touch, and 32% will tackle DIY projects to make their apartments feel more personal. Sustainability matters—if the price is right. 69% of renters say they're looking for eco-friendly décor, but for 49% of renters, affordability determines whether sustainable décor makes it into their homes. Function-first design dominates. While 55% of renters still put affordability first, that doesn't mean they're willing to sacrifice style. 7% prioritize aesthetics over amenities, proving that even temporary spaces deserve a well-designed touch. TikTok and Pinterest shape rental aesthetics. Design trends continue to be driven by social media, with 30% of renters looking to TikTok for home inspiration and 31% building their dream spaces through Pinterest boards. "Renters today aren't just looking for a place to live; they're rethinking how a space can work for them," said Merrick Lackner, CEO, Rently. "Aesthetics matter, but so do adaptability, functionality, and self-expression. Renters are making more intentional choices, blending style with smart solutions that fit their evolving lifestyles." "Whether it's incorporating smart-home technology, maximizing small spaces, or balancing sustainability with affordability, renters are making thoughtful choices that reflect their lifestyles," continued Lackner. "This shift presents new opportunities for property managers and retailers to better support the modern renter by offering flexible solutions with both convenience and personalization. The future of rental living is about more than four walls—it's about creating a space that truly feels like home." Visit the Rently 2025 Apartment Design & Decor Trends Report at Rently's website for the complete survey results. About Rently For single-family & multifamily owners/operators who want to maximize tenancy rates, efficiency and profitability, Rently is a proptech solution company that offers best-in-class leasing automation services and smart home solutions so customers can lease faster, secure their communities, streamline operations, and increase NOI — all from one platform. Whether you're seeking to increase security, reduce operating costs, or increase rental revenue, Rently has a tailored solution for you. Learn more at View source version on Contacts Media Contact Idea Groverently@ Sign in to access your portfolio

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