RealPage goes from setting rent to collecting it
RealPage, the algorithmic rent-setting software company, has announced plans to acquire Livble, a service that lets people pay their monthly rent in installments.
Livble describes itself as a “flexible” rent payment solution. Renters can split payments into up to four installments throughout the month. The service bills itself as helping tenants “avoid late fees and credit card fees” as well as “build credit through rent,” but it charges $30 to $40 per loan. RealPage didn’t disclose the terms of the deal.
Under the deal, RealPage will integrate Livble into its property management software and will handle “all collections.” Last year, the US Department of Justice and several states sued RealPage over claims that it monopolized the market for commercial revenue management software used to set the price of apartments. The lawsuit alleges RealPage used nonpublic rental prices from competing landlords to inform its algorithm, which provides rental price recommendations for property owners.
George Slover, senior counsel for competition and policy at the Center for Democracy and Technology, calls RealPage’s latest acquisition a “bold move” given its existing antitrust battle. “I think it’s going to have to be reviewed by the Justice Department,” Slover told The Verge. “It’s really a question of whether they’re buying a potential competitor.”
In May, Sens. Elizabeth Warren (D-MA), Bernie Sanders (D-VT), Amy Klobuchar (D-MN), and others asked RealPage whether it had “potential involvement” in Republicans’ now-scrapped AI moratorium. They argued that RealPage would’ve benefited from a 10-year ban preventing states from regulating algorithms, as several local governments have already enacted laws regulating rent-setting software.
Update, July 18th: Added a statement from the CDT.
RealPage, the algorithmic rent-setting software company, has announced plans to acquire Livble, a service that lets people pay their monthly rent in installments. Livble describes itself as a “flexible” rent payment solution. Renters can split payments into up to four installments throughout the month. The service bills itself as helping…
Recent Posts
- If Vampire Survivors and Spelunky had a baby, it’d be Messhof’s Blood Dungeon
- Grand Theft Auto VI is warping the video game release calendar
- 9 dog-care gadgets that are so clever they deserve a treat — including an ingenious on-the-go water solution and a ‘canine FitBit’
- Control Resonant is a sequel — and also a starting point
- Summer Game Fest Live 2026: The biggest news, trailers, and announcements
Archives
- June 2026
- May 2026
- April 2026
- March 2026
- February 2026
- January 2026
- December 2025
- November 2025
- October 2025
- September 2025
- August 2025
- July 2025
- June 2025
- May 2025
- April 2025
- March 2025
- February 2025
- January 2025
- December 2024
- November 2024
- October 2024
- September 2024
- August 2024
- July 2024
- June 2024
- May 2024
- April 2024
- March 2024
- February 2024
- January 2024
- December 2023
- November 2023
- October 2023
- September 2023
- August 2023
- July 2023
- June 2023