Rentberry is a Rental Application Platfrom That is Advantageous to Landlords
Alyson Wyers — May 20, 2016 — Business
References: rentberry & fastcoexist
This rental application platform is a mobile app to host bidding wars. Based in California, Rentberry has a goal of bringing tenants and landlords together by automating tasks standard to the rental process, such as submitting personal information and collecting e-signatures for rental agreements.
Landlords can add their property to the rental application platform, pick their tenant and get them to sign with an electronic contract. On the other side, tenants can apply for a place to live, name their price and send their signatures, leaving them more prepared for moving day.
Described by Fast Company's CoExist as "an eBay-like auction site for rental hunters to bid on apartments in a competitive process," Rentberry lets landlords make more money by capitalizing on rental bidding wars.
Landlords can add their property to the rental application platform, pick their tenant and get them to sign with an electronic contract. On the other side, tenants can apply for a place to live, name their price and send their signatures, leaving them more prepared for moving day.
Described by Fast Company's CoExist as "an eBay-like auction site for rental hunters to bid on apartments in a competitive process," Rentberry lets landlords make more money by capitalizing on rental bidding wars.
Trend Themes
1. Rental Bidding Wars - Rentberry's auction-like rental platform sparks a trend of competitive bidding among tenants, creating disruption in the rental market.
2. Automated Rental Process - Rentberry's automated rental application platform streamlines the rental process by digitizing tasks such as submitting personal information and collecting electronic signatures, presenting an opportunity for disruptive innovation in property management.
3. Tenant-centric Pricing - Rentberry's platform empowers tenants to name their own price for rental properties, disrupting traditional pricing models and giving tenants more control in the rental market.
Industry Implications
1. Real Estate - Rentberry's rental application platform has the potential to revolutionize the real estate industry by introducing competitive bidding and streamlining the rental process.
2. Proptech - Rentberry's innovative platform aligns with the growing proptech industry, offering a digital solution to common challenges faced by tenants and landlords.
3. Online Rental Marketplaces - Rentberry's auction-style rental platform disrupts the online rental marketplace industry by introducing bidding wars and giving tenants the ability to name their own price for rental properties.
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