SOURCE: Investment Instruments Corporation

April 16, 2008 09:00 ET

Investment Instruments Announces Partnership and Affiliate Program

Program Improves Relationships Between Landlords and Tenants With Rentomatic Online Property Management Service

NEWTON, MA--(Marketwire - April 16, 2008) - The relationship between landlords and tenants has been slow to enter the digital age. Tenants still dust off their checkbooks once a month to pay rent and landlords make multiple trips to the bank to deposit paper checks. Investment Instruments Corporation (IIC) today announced a new partnership and affiliate program designed to improve this relationship by distributing its Rentomatic online property management service to real estate professionals. The program will bring the Rentomatic Web 2.0 tool to a wide-reaching market of real estate owners, investors and brokers, allowing them to manage properties and do business with tenants online.

Rentomatic is an online rent management solution, which provides a secure environment for landlords to collect rent, track income and expenses, advertise vacancies and communicate with tenants through one convenient portal. Investment Instruments' partnership and affiliate program allows organizations to offer Rentomatic to their members and earn residual revenue commissions on two of the product's offerings: the Rentomatic Advanced Plan for property and portfolio management and Complete Rent Management subscriptions with automated invoicing, collection and depositing of rents. Partners benefit from co-branded site services and licensing agreements, and receive marketing materials to help promote Rentomatic on their Web sites.

"We are always looking for innovative resources to share and provide to our clients and Rentomatic is a one-stop-shop, providing our clients with everything they need to manage their properties effectively," said Charrissa Cawley, founder of REI Conferences, a global educational company which teaches investors investment strategies and provides the necessary systems and tools for them to build wealth through real estate in today's changing market. "Our clients rely on us to share the best resources out there for investors today, and by partnering with Investment Instruments we are able to provide a top notch solution to help our clients become better business people while adding significant value to their subscription on our Web site."

Investment Instruments is recognized for its innovative use of Web 2.0 to simplify the way landlords and tenants do business and enhance trust in the business of residential real estate. Currently 92 percent of U.S. rental units are owned by individuals and small partnerships. The partnership and affiliate program further increases transparency in this market by providing more owners and tenants a secure place to do business together online.

"Real estate investors and property managers across the country use Rentomatic to simplify business transactions," said Allison Atsiknoudas, CEO, Investment Instruments. "Our new partnership and affiliate program allows vendors to bring Rentomatic to an even wider audience of real estate professionals. Together with our partners, we can address customers' needs for a complete property management solution with one convenient online service."

To apply for the partnership and affiliate program, vendors may contact Investment Instruments at (800) 561-0693 x706 or e-mail partners@rentomatic.com. Additional information can be found online at www.rentomatic.com.

About Investment Instruments Corporation

Investment Instruments Corporation (IIC) offers the unique property management tools Rentomatic and Rentometer that increase transparency in the residential real estate market to strengthen relationships between real estate managers, their tenants and the professionals who support them. IIC was founded by an executive team with a strong history in real estate and technology. For more information about Investment Instruments Corporation, please visit www.investmentinstruments.com.

Contact Information

  • Contacts:
    Chuck Tanowitz / Anna Dreyser
    Schwartz Communications, Inc.
    (781) 684-0770
    Email Contact