Bilt Rewards and Douglas Elliman Property Management Unveil Groundbreaking Partnership
In an exciting development for the real estate and rewards industry, Bilt Rewards, the foremost rewards and payments platform, has teamed up with Douglas Elliman Property Management, a leading independent residential real estate brokerage. This initiative positions Douglas Elliman as the inaugural significant condominium and cooperative property management entity to align with the Bilt Rewards Alliance. The collaboration encompasses over 40,000 units within approximately 400 buildings throughout New York City, marking a considerable extension of Bilt Rewards’ already expansive network.
The Bilt Rewards Alliance, a collaborative effort among premier residential real estate entities, now extends its benefits across over four million homes across the nation. This synergy between Bilt’s payment platform and Douglas Elliman’s property management solutions empowers condominium and cooperative residents to accrue rewards and perks both at home and within their local communities. This enhances the value proposition of Bilt Rewards, extending its reach beyond mere rental transactions.
Through this partnership, residents under Douglas Elliman’s management can now process their monthly condominium and cooperative fee payments via Bilt, gaining valuable rewards in the process. These rewards span various daily activities and local conveniences, including dining at neighborhood restaurants, engaging in fitness activities, and more, significantly enhancing the living experience in Douglas Elliman-managed properties.
Dan Sachar, Vice President of Enterprise Innovation at Douglas Elliman, Inc., noted the transformative impact of Bilt Rewards on the market, emphasizing the enriched living experience it offers to residents of condominiums and cooperatives. The initiative has already seen a positive response, with residents redeeming millions of points for a variety of rewards.
David Wyler, Chief Commercial Officer at Bilt Rewards, expressed enthusiasm for the partnership, viewing it as a vital step towards broadening the rewards program’s scope to encompass a wider range of housing stakeholders.
Bilt Rewards sets itself apart in the market with the highest-value points currency, redeemable for travel with over 100 leading airlines and hotel brands, including Hilton Honors and Marriott Bonvoy®, among others. Furthermore, members can leverage their points for fitness classes with top studios, limited-edition art and home decor, and even future housing payments, enhancing the program’s versatility and appeal.
Bilt Rewards stands as a pioneering rewards program that allows consumers to earn points through rent payments and daily expenditures. Formed in partnership with the nation’s premier residential owners and operators, the program facilitates rewards accumulation for members across millions of units nationwide. For more details on the Bilt Rewards program and the Bilt Rewards Alliance, please visit their official websites.
Douglas Elliman Inc. encompasses Douglas Elliman Realty, LLC, one of America’s largest residential brokerage firms, with a presence in key markets across the United States. The company is also actively engaged in identifying and investing in innovative property technology solutions, further broadening its services to include development marketing, property management, and settlement and escrow services in selected markets. For more information about Douglas Elliman Realty and its services, you are encouraged to visit their official website.
