In response to a July 2023 announcement from the White House about cracking down on rental junk fees and fee disclosures, apartment search website RentCafe.com has updated its the user interface to displaya a fee disclosure section with every listing.
This update allows prospective renters to see not only the rent for the apartment home, but also the security deposit, administrative fees, pet fees and other required one-time or recurring fees before they begin their application.
“We are proud to increase transparency into rental housing fees,: said Esther Bonardi, vice president of Reach by RentCafe. “We understand that hidden fees can be a burden on renters, and we are committed to providing them with the information they need to make informed decisions. Our new approach to fee disclosures is just one of the many ways that we are working to improve the apartment search experience.”
RentCafe.com is owned by Yardi, a provider of property management software in the U.S. When rental companies input required fees into their Yardi database, these fees are automatically syndicated to rentcafe.com, where they are displayed in a clear and consistent way.
