In 2024, Michael Lucarelli transformed RentSpree into a pivotal force that has redefined how rental transactions are conducted. Lucarelli has steered the company from his living room to becoming the highest-rated tenant screening software in the U.S., consistently pushing the boundaries of what rental technology can achieve. RentSpree is now known nationwide for its comprehensive suite of services, including tenant screening, rental applications, rent payments, and renter management.
A significant milestone in 2024 was the launch of RentSpree’s Credit Builder. This tool allows renters to report their on-time rent payments to credit bureaus, a first-of-its-kind offering that turns rent into a stepping stone toward improving their credit scores. RentSpree’s Credit Builder empowers tenants by providing a path to greater financial security — a solution that reflects Lucarelli’s forward-thinking approach to addressing challenges in real estate.
Another innovation is RentSpree’s reusable rental applications. This feature allows renters to pay once and reuse their completed application for up to 30 days, applying to multiple properties without incurring additional fees. This can save renters hundreds of dollars, offering them a significant advantage in the current housing environment.
In 2024, Lucarelli contributed to the closing of deals with key partnerships with the largest multiple listing services in the U.S., including Stellar MLS, Houston Association of REALTORS, Great Alabama MLS, and real estate brands such as RE/MAX. These partnerships will provide agents with the tools they need to make working with rentals easy.
This year, RentSpree surpassed 2.5 million users and screened over 1.5 million renters, demonstrating the platform’s widespread adoption and impact on the real estate market.
Name:
Michael Lucarelli
Title:
CEO and Co-founder
Company Name:
RentSpree
