Overstock.com Launches Property Management Site Houserie
Overstock.com, Inc. (NASDAQ: OSTK) announced its entry into the real estate market with its launch of the newly-remodelled property management site, Houserie. The site provides landlords and property managers with a variety of services for managing single-home properties or multi-home complexes including potential tenant screening; communication with renters; organization of resident information; and rent payment management, which will quickly follow the launch.
Houserie was founded in May 2013 and was purchased by Overstock in February 2018. The property management site release marks the first phase of Overstock’s O Real Estate initiatives focused on using its advanced search technology to assist customers with real estate needs. O Real Estate will support landlords and tenants by providing a portal for renting, buying, and managing a property, all in one place. The O Real Estate site is slated to launch in September.
“For nearly 20 years, Overstock has connected customers with premium home goods, helping them build their dream homes; now, we look forward to expanding those services in the real estate industry,” said Seth Moore, senior vice president of strategy at Overstock.com. “We’re always finding ways to use our technology to help customers find just what they want for their homes. Adding real estate to the mix was a natural fit for our brand.”
Houserie’s updated site provides a new user experience with a refreshed design and added service options to better serve landlords and tenants. Houserie offers a wide variety of services for landlords, most of which are available instantly, including identity verification, eviction history, credit check, background check, tenant scorecard, and a comprehensive screening. The service can be purchased for one-time use at three price points depending on the information needed by clients.