#United States #Denver #Engrain #Billee #utility costs

Engrain and Billee Team Up for Accurate Utility Costs

In a noteworthy collaboration set to transform multifamily housing pricing transparency, Engrain, a leader in interactive touring and data visualization software, has announced its integration with Billee, a specialized platform dedicated to utility billing for multifamily residences. This partnership aims to provide renters with precise utility costs, a significant improvement over the commonly estimated charges prevalent in today’s rental market.

The Vision Behind the Integration

Across the multifamily housing industry, renters frequently face either estimated utility costs or a complete lack of detailed utility data while searching for apartments. With Engrain's new feature for its SightMap® application, the integration of Billee’s proprietary data will allow landlords and property managers to replace vague estimates with specific details about utility expenses such as water, electricity, and gas. This shift promises to enhance the rental experience, enabling a clearer understanding of monthly living costs for residents.

Brent Steiner, the founder and CEO of Engrain, emphasizes the critical need for fee transparency in the multifamily sector, stating, "Fee transparency is no longer optional for multifamily operators. This integration with Billee underscores our commitment to providing renters with accurate pricing while helping operators streamline their cost management processes."

This bold move will ultimately reshape how operators present the total costs of living, laying the groundwork for a more informed renter experience.

Enhancing the Renter's Experience

The initiative primarily focuses on empowering renters with accurate data, thus fostering trust between operators and residents. John Hinckley, CEO of Billee, shares his perspective, asserting, "Renters expect clarity, and operators need systems that can actually deliver it. By combining Billee's unit-level utility intelligence with Engrain's visualization expertise, we're transitioning from estimated expenses to real data, enhancing the renter's experience and enhancing operators' capacity to provide transparent utility costs."

This collaboration is set to debut in Q1 2026, with pilot testing scheduled for select multifamily properties. This strategic approach not only supports rental operators but also enriches the leasing experience for future tenants by eliminating uncertainty surrounding utility costs.

About Engrain

Founded to transform how individuals find, lease, and manage properties, Engrain stands at the forefront of innovative technologies in the real estate sector. The company prides itself on offering a suite of products designed to engage prospects, optimize operational performance, and elevate the bottom line through enhanced efficiency. Headquartered in Denver, Colorado, Engrain is committed to pioneering solutions that empower property management teams and their clients. For more information on Engrain's offerings, visit engrain.com.

About Billee

Billee Technologies serves as a robust Software as a Service (SAAS) platform tailored for utility billing in multifamily real estate. Based in Dallas, Texas, the company combines state-of-the-art technology with comprehensive knowledge of multifamily housing dynamics to revolutionize conventional utility billing strategies. Their model involves advanced automation and machine learning processes, enabling property owners to save time while improving operational quality and financial outcomes. Billee is dedicated to enhancing utility management efficiency and providing insightful data analytics for real estate operators.

In summary, the collaboration between Engrain and Billee signifies a significant advancement for renters, promoting a more reliable and straightforward rental process. By leveraging data-driven technology, the partners aim to set a new industry standard in fee transparency and utility cost management.