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SmartTenant

SmartTenant is a proprietary, asset protection program created by CLEAR Property Management. It is a lower, non-refundable fee that is paid in place of a traditional security deposit. For residents that typically leave the apartment in good condition, it is the most affordable option. Upon move out, if the resident’s payments are up-to-date and they have met all other conditions in the lease, there is nothing else they need to do. If they have not met lease requirements upon move out, they will be responsible for the final balance and fulfilling outstanding lease conditions within 30 days to avoid collections.

On occasions when a unit is left in poor condition, this program allows us to immediately engage and mobilize external crews which helps minimize the amount of time a unit is down. SmartTenant provides the staff with the ability and funds to quickly turn a down-unit into a unit available for leasing.

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CLEAR Property Management, a privately held multifamily real estate management firm based in Austin, Texas, experienced an impressive 24.92 percent net operating income (NOI) increase during the first year of...

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