If you manage single-family rentals, you already know owners judge you on more than rent collection. They judge you on what happens when something goes wrong, and on whether you stay in touch when nothing does. OwnerProtect is Steady's answer to both: an owner protection program, formerly known as the Owner Benefit Package (OBP), that property management companies offer to the owners they manage, under their own brand.
OwnerProtect is an owner benefit package built for property managers. It combines protection for the moments that hurt owners most with owner services that run all year. Owners can get it only through a property management company that offers it, so the relationship stays with you.
OwnerProtect covers the situations that put an owner's income at risk:
Protections are subject to program terms, eligibility and limits.
Protection matters when something goes wrong. The other months, owners notice whether you keep them informed. OwnerProtect includes fraudulent listing monitoring and removal, lease compliance monitoring, rental housing legislation alerts, quarterly asset reports and an owner dashboard.
Steady runs the program, the dashboard and the owner materials, so you do not have to build any of it. Claims are filed and tracked online, and payouts take about two weeks on average. OwnerProtect connects with your property management software, and you can build it into your fees in the way that fits your business.
Owners with protection against lost rent and evictions can weather a hard stretch and stay invested instead of selling. A protection program also gives you something concrete to show prospective owners when they compare you with the property manager down the street.
Yes. OwnerProtect is the new name for the Owner Benefit Package. Current customers log in and get support the same way.
Want to see how it would fit your agreement and your portfolio? Explore OwnerProtect, read the FAQ, or book your Win & Retain Review.