Transferring tenant utilities has long been one of the most frustrating aspects of property management. It’s time-consuming, inefficient, and often leaves property managers chasing down confirmations that utilities have actually been transferred into the tenant’s name. But what if there was a better way?
In a recent discussion among property managers, Marc Cunningham of PMBuild shared a game-changing tool that’s making waves in the industry—Utility Profit. What started as a casual dinner conversation quickly turned into a moment of realization: many property managers are already using Utility Profit, and they love it.
What is Utility Profit?
Utility Profit is a free service designed to simplify the process of transferring utilities when a tenant moves in. More than just a time-saving tool, it also provides property managers with an additional revenue stream. Instead of manually tracking down utility providers and confirming transfers, Utility Profit automates the entire process while giving property managers full visibility into utility setups for their units.
Why Property Managers Are Loving It
During the discussion, one property manager highlighted three key reasons why Utility Profit has been a game-changer for her business:
1. Automatic Utility Matching
One of the biggest headaches for property managers is figuring out which utility providers service each property. Utility Profit eliminates this problem by automatically identifying the correct water, gas, electricity, and internet providers based on the property’s address. Instead of scrambling to track down utility companies, managers can simply log in and get the information instantly.
“One thing I love about it is I don’t have to figure out what water company or what gas company is connected to that property—it’s all through their system.”
2. Streamlined Utility Transfers & Verification
Utility Profit doesn’t just identify the right providers—it also facilitates the entire transfer process. Tenants go through a white-labeled dashboard that ensures their utilities are properly set up and in their name. This dashboard gives property managers real-time visibility, so there’s no more second-guessing whether a tenant actually completed their setup.
3. A New Revenue Stream for Property Managers
One of the most surprising benefits? Property managers earn $$$ when tenants use Utility Profit to set up their services.
• When tenants sign up for services like cable, internet, or security systems, Utility Profit receives revenue.
• Instead of keeping all of it, they share that profit with property managers.
• This means property managers generate extra income—at no cost to them or their tenants.
“It’s a huge benefit to your residents, and you make money on that.”
A Simple, Effective, and Free Solution
Beyond saving time and frustration, Utility Profit is a completely free tool that delivers real, measurable benefits for property managers. With a dashboard that provides full visibility into utility transfers, a built-in white-label tenant experience, and an opportunity to earn additional revenue, it’s one of those rare solutions that just makes sense.
As Marc Cunningham put it:
See how Utility Profit works in 1 minute
