This App Makes It Easier to Rent an Apartment by Cutting Out the Middleman
Katherine Pendrill — August 2, 2015 — Tech
References: getoliver & techcrunch
'Oliver' is real estate app that makes it easier for users to rent an apartment by cutting out the middleman. Those who have spent time looking for an apartment rental have likely had to deal with brokers who take a cut of their rent. The Oliver app removes the broker from the rental equation, thus helping you to save money when apartment hunting.
The basic premise of the app is to digitally connect renters to apartments. However, Oliver aggregates rent inventory directly from landlords, which helps renters avoid going through a broker. While brokers can be useful to help weed through undesirable tenants, many apartment rentals require credit checks and rental applications anyway. Oliver ultimately helps renters save time and money, simply by cutting out the middleman.
The basic premise of the app is to digitally connect renters to apartments. However, Oliver aggregates rent inventory directly from landlords, which helps renters avoid going through a broker. While brokers can be useful to help weed through undesirable tenants, many apartment rentals require credit checks and rental applications anyway. Oliver ultimately helps renters save time and money, simply by cutting out the middleman.
Trend Themes
1. Broker-free Rentals - Opportunity for disruption in the real estate industry by offering users broker-free rentals through digital platforms.
2. Direct Landlord Connections - Opportunity for disruption in the real estate industry by facilitating direct connections between renters and landlords.
3. Streamlined Rental Processes - Opportunity for disruption in the real estate industry by offering renters a more efficient and cost-effective way to find and secure their ideal rentals.
Industry Implications
1. Real Estate - Potential for growth in the real estate industry by providing users with a more streamlined and cost-effective rental experience.
2. Technology - Opportunity for innovation in the technology industry by developing digital platforms that offer broker-free rentals and direct connections between renters and landlords.
3. Finance - Opportunity for disruption in the finance industry by providing renters with more affordable rental options through broker-free rentals.
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