Hi all, saw speedrent comes out with new scheme which is no security deposit require to pay by tenant..
currently I have a tenant have difficulties to pay rental deposit, hence would like to collect view points from owner and tenant how this benefit both parties.

https://speedrent.com/web/no-deposit-programme-faq/

Hope to gain view point from everyone here.

Hi hungryJack,

I'm founder of Speedrent, thank you for your interest. I shall first explain the reason why we launched this scheme:

Younger generation and coming generations face difficulties in saving due to high cost of living; therefore, it is unbelievably hard for them to pay 2.5 - 3x of rental for deposit (security and utility).

We did not think it was fair to judge the younger generation as bad tenants, just because they can't afford to pay deposit? No, it's just tough life now and an unstoppable trend!

But at the same time, it is important for you as a property owner to take deposit as a way to protect yourself from non-payment.

Speedrent acknowledges the problem and wants to solve this big hurdle for deals to happen!

Speedrent Guarantee Scheme makes it easy for you to make deals with Gen X/Y:
1. Renter doesn't pay deposit at all, and move in.
2. Speedrent auto debits renter's credit card on time - every month.
3. Speedrent pays to your account on time - every month.
4. In the event the renter's credit card is declined, we will inform you of the issue, BUT will still pay you on time.
5. Speedrent will attempt to charge again within 5 days. If declined again, it's a big red flag and eviction process must start now. BUT we still pay you on time for the following 2 months.
(This is equivalent to 3 months deposit)

This is a summary to what we do, feel free to ask any question you may have - happy to address it for you. Hope you understand the rationale and the benefits of this scheme.

In the meantime, if you wish to speak with me, you can reach me at 0192679338.

I must say this is a brilliant idea 😁

quite cool. i like

few questions :

1. Who are the parties involve in the tenancy agreement. Will speedrent be one of the parties in the tenancy agreement?
2. On what grounds can speedrent evict a tenant ?
3. What if speedrent is unable to evict the tenant in 3 months time?
4. What about damages to the property after the eviction ? Can landlord claim for damages to the property from speedrent?

Thank you.

1. Yes, Speedrent is one of the parties.
2. We do not evict, but we terminate the agreement upon non-payment for 3 consecutive failure charge to the card in a month. We notify tenant every time card has been declined and would expect them to make sure card is chargeable again. This gives you super early 'warning' detection, and begin the eviction within 2 weeks instead of months.
3. We do not evict, we are a payment solution provider. We however would love to provide best practice for eviction.
4. In traditional deposit model, you take 3 months deposit. That's the most you can get in an event you have a bad tenant that break the agreement and at the same time damage your property. In our model, it's the same, we issue up to 3 months rental (which is equivalent to your cash deposit). It's the same.

Hope that explains

This post has been edited by wheimeng: Apr 12 2016, 11:55 AM

thumbs up wheimeng

Hmm, if tenant cannot cough up 3 months deposit can still get credit card? Assuming gen X/Y is the target segment.

We built this with Gen X/Y in mind. But ever since we launched 4 weeks ago, the requests came from various groups because it also address the need of managing cash flow or conserving emergency savings.

If tenant's credit card has exceeded its credit limit, and unable to pay that down - it is the first indicator to a highly probable financial distress. With cash payment, it's hard to know anything.

Another benefit to this - totally seamless and automated solution. No more bank checking on rent payment or to call up to chase for rental.

This post has been edited by wheimeng: Apr 12 2016, 12:21 PM

Seems like a well thought out business model. Wish you smooth sailing in the future.

good idea.

as a house owner, i want one more service, in case 2nd time overdue, start eviction process. can your company provide service to help? if yes, how much it charges?

@JianNinety Thank you, and need lots of support to make this a success.

@realcyma We don't have such a service yet, but I'm sure we can help out on a case by case basis.

I think u simply nailed it for houseowners...

This can simply eliminate house owners receiving late rental payment totally 👍🏻👌🏻🤗

But i dint agree on the no deposit part. At least take 1 month deposit or something as assurance...tenants can simply stole/damage house , went mia and cancel their credit card...later owner say ur partly responsible as well

Question:
1. What if the damage to the property exceeds the deposit?
2. What will happen to the tenant that can't pay? Would he be blacklisted until he pays back the amount to you?

seems like a good idea. anyone have tried it?

That's the goal, hopefully no more late payment anymore! You totally get it

Thank you for your feedback, and we will discuss this internally.

As for cancel/mia credit card, the guarantee would kick in automatically.

Cool

How much is the charges ya?

1. When you collect 3 months cash deposit, what can you do? You can't claim more from the tenant anyway. I guess we can just call it unfortunate for now because sh*t does happen. But more importantly, let's focus on getting bad tenants evicted ASAP and lease your property out again.
2. We intend to have an open database (in roadmap) so that anyone can tap into it and be protected.

It's FOC for landlord for a foreseeable future.

Tenant pays 10% extra to cover credit card processing fee etc...

So means extra paid by tenant? Would tenant be agreeable?

This post has been edited by OPT: Apr 12 2016, 03:40 PM

1.) How much Speedrent charge for this service?

2.) If the credit card of the tenant cannot be charged, how Speedrent guarantee the owner will get the payment for 3 consecutive months? Speedrent as the guarantor?

3.) How long speedrent is up and what's the capital paid-up of the company?

This post has been edited by samkps: Apr 12 2016, 03:44 PM

Suppose you want to rent a house, RM2000/mo.

You can either pay RM8000 (2+1 deposit and 1st month rent) OR RM2200/mo.

They can choose, totally up to tenant financial preference.

1. FOC for landlord, 10% for tenant.
2. We hate to call ourselves as guarantor, but yes.
3. We have been in market since June 2015. I've personally pump in RM500k into the company.

Some background:

http://property.sinchew.com.my/node/3387
http://www.bloombergtv.my/video/australia-...radar-says-ceo/

how to start / use this services?

You can download our app at http://get.speedrent.com.

Lol thats simply too awesome for houseowner 😄

Can i buy share in ur company? Then we launch it to public listed....i can already envisioned wheres the cashflow flushing in this company at the same time benefit houseowner! 😁😄👍🏻

thanks for all the explanation and sounds good for owner, but for tenant will they fork out additional 10% just to fork out the processing fee?

so far do u have any successful tenancy that you've already done?

btw, what about the half price for the 1st month rental? mind to explain a bit?

thx.

Wow sounds great, so u can guarantor for 3 months max ?

1. Tenants can't pay 3 months deposit.
2. Tenants pay 10% extra rental.
3. Tenants reduced savings because pay extra rental.
4. Reduced savings, tenants can't pay 3 months deposit.

Hmm, seems like a vicious cycle in the making. Kesian all the tenants. This arrangement like only benefit owners and Speedrent.

This post has been edited by JianNinety: Apr 12 2016, 04:23 PM

My personal opinion on this system:


For landlord:

Advantage:
- It may make your unit easier for rental due to "easy entry cost" because potential tenant pay less initial cost for renting your unit

Risk/disadvantge:
- Instead of getting one lumpsum of deposits (2+1) at the start of tenancy, you only will get it at the end of tenancy, on monthly installment basis.

Example: Rent is RM 2k/month. Landlord instead can collect a big lumpsum RM 6k (2+1 month deposit) at the starting of tenancy, now need to wait till the end of tenancy only can collect the RM2k at last 3 months.

- If the guarantor (speedrent in this context) not being able to pay you the deposit at the end of tenancy due to some unforseen circumstance, then GG. Although it is unlikely, but landlord to bear this risk.



For Tenant:

Advantage:
- Easy entry to rent a house, no need to have high initial commitment to rent a house.

Example: Rent is RM 2k/month. Instead need to pay all the initial deposit cost RM 6k, now just need to pay RM 2.2k then already can rent the house.


Disadvantage/Risk:
- Tenant need to pay 10% extra for this service. I am not sure this 10% is for first month or for additional consecutive months. It just like someone borrow you cash to pay the deposit and charge you 10% of it.

- This system is leveraging the future credit card repayment capability of the tenant. If tenant already committed to the rental due to low entry package but not able to service it in the upcoming period, then GG.

nice. good solution. its a great solution for all house owner.

but still, having deposit kinda one of the filter to see if tenant is stable financially.

if they cant manage to have deposit then most likely they will be a bad paymaster.

anyhow, all the best with your service. imo is a very good service.

maybe when you are an property owner who wanted to rent out your house... you will be looking for things like this as well?

What u say if tenants stay 1 mth with 50% off and no deposit but paying extra 10% for service ?

there is no agreement and nothing so tenant may move out from 1 unit to another unit or place ?

brilliant..

Is speedrent only apply to commercial lot?

or residential unit too?

I think landlord also have risk, say if the tenant just rent for 1 month with 50%off without deposit but paying extra 10% for service charge

I suppose the guarantor (speedrent) in this context shall pay the landlord the deposit in three months time, even they fail to charge the tenant credit card, no?

This post has been edited by samkps: Apr 12 2016, 04:36 PM

like that die lo

Erm, no die lah, if speedrent still can pay you. But all this hassle can be mitigated if the deposits are collected upfront.

"IF" worst is tenants move house plus move out the fittings as well, like acond and furniture wah jialat lo.

Lol... I think the question here is simple, regardless how nasty the tenants, landlord will only get the 2+1 months deposits, either you collect it directly from the tenant upfront or from the guarantor speedrent.

like that u take deposit 6 months oso cannot do anything liaoo...criminal case edi..report police kowtim edi

I face a problem before,

tenant always a good payee on time,
then suddenly got a month, until more then 15th still not pay,
I call to tenant and he said oversea and pay when come back on the end of the month,
then end up run already,

the most dulan is his TNB and syabas bill cost more 1K++ which almost 1 month rental

hope this apps will help

dunt have deposit ka bro? 2 month rental + 1/2 deposit. tenant wouldnt dare run. or sumthing like this that tie up to their credit card.

btw if they didnt pay can report to CTOS anot?

I am just looking out for the tenants also ma.

1 month 50% discount then 11 months +10% so its still 60% increase assuming tenancy agreement is 12 months.

No agreement stopping tenant from moving out? Tenancy agreement?

lol malaysian mindset mah... u see what is not rosak at road side one

the problem is no agreement or if there is one ?

nothing against this app, but i would avoid tenants that cannot afford to pay the deposit.

Read back post 5. Got tenancy agreement.

A big loophole..

Let say market rental RM 2k, I rent the first month, pay RM1k rental, then move out the second month, can? Need to pay fine? I cancel the credit card, can you sue me? Court case because the rental of RM 1K?

Tenancy agreement can tie someone from moving out?

This post has been edited by samkps: Apr 12 2016, 05:21 PM

Sorry cannot tie someone from moving out. My error.

So minimum requirement: Must rent out unit through Speedrent? Tenancy agreement is included inside?

Before I start, disclaimer I'm working for Speedrent, but I always been the negative/abuse guy in the company, finding loophole to exploit most of the time This will be my own fair share of opinion.

First, bad tenants are expected in some way or the other and we try our best to address this. This is bound to happen, so the 3 months guarantee is similar to you receiving your 2+1 deposit. We tackle this issue by volume, if we get let say 50 houses, and 2-3 bad cases, we still able to absorb(staying in green) while you as the landlord couldn't do so.

Second, it's a trade off, pay 10% extra or pay 2+1. I'm 24 and I'm able to pay for my deposit but some people prefer to have extra cash on hand to do business/for any emergency uses while paying an extra 10% fees for this flexibility. It depends on how you value your "stucked" cash. A 1.5k unit means you will have 4.5k stuck to your landlord and as a previous tenant myself, sometimes getting back the deposit from certain landlord isn't a pleasant experience.

Low entry cost is the key point here which means you might deal with more problems as per said. There is a credit card upfront, which means you will need to pass your credit score check upfront, so that saves us a hassle, as the bank already do the job for us.

Early proper warning is another key point to take note here. Some tenants can make up excuse like I'm overseas etc, but you can't lie when your credit card can't be swiped. But then, people like you and me, will say they can say it's issue with bank etc. Remember the 3 months guarantee? Speedrent will transfer you your monthly rent(1st day of the month) regardless if tenant already pay or not, so the stress is actually on Speedrent to get back the cash. Think about it, you don't care anyhow also, you still guaranteed 3 months on-time rent.

It's actually more stress on us to get this to work out and trust me, I been throwing a lot of loopholes/negative feedback for months before we finally come out with this. It's a risky business for us, not much on landlord/tenant side.

What's the worse abuse I can think of? To steal everything then cancel off their card(which already in red, so they need to clear before they can cancel it anyway). Then we turn 1 big round, come back to all the original problem you would face when you renting out your place normally with 2+1 deposit. If they don't cancel it, we still able to charge the card for extra damages they had done, so there is an extra way to get more from your tenant now, instead of just 2+1.

I see a few tenancy agreement questions so I try address it here. We have our own digital signing platform(http://startsign.speedrent.com/), its a normal tenancy agreement with extra clause on no deposit scheme. This is of course by the law, legit, all drafted by our lawyer.


As a point from business, you need to look at this, not as a conventional business way, it's more towards startup style, where we trial and error and pay for our losses as a fees for the experience and continue refining our service to meet the market demands. We probably looking at like 5-10% bad cases which led to the negative view on having bad tenants. Just to tackle this issue, the whole industry decide to implement such regulation, but indirectly it makes house harder to rent out, tenants not able to even rent place even tho they can get the cash flow to finance the monthly rental. We understand it's a huge change to how the industry works, which is why it probably going to be a rough ride and will take a lot of effort just to get this thing to work. It's a very sleepy industry isn't it, very old school way of doing stuff, so time to breathe some fresh air?

This post has been edited by sasaug: Apr 12 2016, 05:48 PM

ada macam full list of blacklisted tenant info macam airbnb tenant rating?
so owner and speedrent can ban kao them.

.

What's the advantage of speedrent for tenant compare to using the cash advance function in the credit card?

This post has been edited by samkps: Apr 12 2016, 07:04 PM

Hello,

Ok what if the tenant rent frist month and pay 50% next mth they move out ? Owner would have more hassle to handle this kind of situation. If tenant paid upfront, normally they will stay till finish the 2 month deposit and check that the utilities is fully setttled before returning the 1 month deposit. At least owner has 3 months in hand

I pressume they are betting that only a certain percentage will cause issues like run away etc. And they have taken that into consideration, calculated risk and went ahead anyway. In any case when bad cases happen too frequently, contingency plan needs to come into play when it reaches a certain level. Airbnb may have such issues too. Good luck speed rent.

Actually the business model is very simple:

1.) Speedrent convince the landlord to trust them by not imposing the upfront deposit on renting the property. In return, Speedrent will provide service to ensure the landlord to get the rental on time. If it is good tenant, then everybody happy. If in case of bad tenant, Speedrent will compensate the landlord with maximum 3 months rental. In terms of monetery, landlord does not earn anything extra by not having the upfront deposit. Landlord is only getting the service that rental will be bank in on time without the need to chase / follow up with the tenant.

2.) Speedrent will then engage with possible tenants that not willing/afford to pay the upfront deposits to rent the house, by tie up their credit card with the rental. As a result these tenants no afford/willing to pay the upfront deposits, they are being charged by Speedrent at 10% extra on the rental. This 10% rent is the operating gross profit of Speedrent for providing the service.

This post has been edited by samkps: Apr 12 2016, 08:22 PM

Ah I see. That's quite a bit ain't it at 60% per annum.
On the other hand, I would rather not rent to someone who can't fork out the deposits.

Hmm...property agents susah cari makan in future loh...

we still need agents. So as to save time and hassle. am sure there are good ones.

10% is according to the owner as in Post #22 and Post #23

Thanks for all the feedback, I try to respond to every query possible because this helps us to strengthen our business case.

@max_cavalera – we are raising money now ☺

@cybertechmkteo – we are very transparent. We launched 3-4 weeks ago, and on a very low profile manner. So far we closed a few deals. On ½ month rent – by using Speedrent, landlord and tenant deal direct without hiring agent. The 1-month commission is saved. We encourage landlord to incentivize tenant to rent direct. From tenant POV, rent through agent or direct? I think it’s an easy choice.

@natman – yes, it’s 3 months, just like your cash deposit buffer period. There is tenancy agreement. And if they move out in a month, our guarantee kicks in. there is no charges to owner.

@jianninety – it’s a trend that younger generation prefer lifestyle. Just because they pay less 10% does not necessary equate to 10% savings in bank, but I don’t deny your logic. We are currently thinking of NCD sort of discount, if good payment record, following years will get reduced rates. The vision is to build a safe, transparent and automated rental platform where everyone be a good actor.

@samkps – you rightly pointed – regardless how nasty tenant, whether you get cash or speedrent scheme, your risk exposure is the same. And we are raising $ from investors to make sure we have great credibility. Speedrent pays on time regardless if we successfully charge credit card or not. I personally put in RM500k into it to get this running, so hopefully it’s sufficient. We will have ways to deal with defaults later on.

@maraippo @satrianeo-x – I’m not sure if you have kids, but I suspect my kids will have problem saving money because it’s just hard to save now. But do I think my kids would be bad tenants? I don’t think so. It’s just an unstoppable trend. I do know many people voice the same opinion and I respect that. Point taken.

@psyduck89 – just residential only.

@shadow_walker – why not? ☺

@kira90 well, even if it’s not through speedrent, we still can do it somewhat.

@hello hello -

at which point can a landlord evict or consider the tenant as defaulted during your few failed times to swipe their CC?

is their any physical verification checks by your staff of the tenant?

Do we get to choose what kinda tenant we rent to?


This post has been edited by mthc: Apr 12 2016, 09:59 PM

Ok bro seeing ur explanation and 1 of ur worker explaination honestly its a good and sustainable business module...pls proceed and make a bang out of it....

I know theres thousands if not millions of landlord/houseowner out there that always face this late rent problem and with ur autodebit feature on time obviously can eliminate our fears 👍🏻😊

Lol now i think i even willing to find my own tenant that ask him register thriugh speedrent lol...

I thiught of the same idea back then but u guys are the winner as the 1st to do it

Currently speedrent only cover area around Klang Valley?
Where is the area of app user cover?
To success you need a lot of user to improve your rate of success. And also help to landlord to have better chance to rent out their property

@ycs – 3 consecutives failure = termination, and can start to evict. We don’t perform verification at the moment; everything is between landlord and tenant. We are try to keep as a payment platform.

@mthc – yes, we play a role of payment processing only. The actual is still between you and tenant.

@max_cavalera – thanks for your support, and we need more!!!

@takuro82 – yup, that’s why we need to get more support, and raise $$ to fuel the growth. We are mainly focusing in Klang Valley at the moment.

Check out our launch video last year: https://www.youtube.com/watch?v=4uKO0AQRuyQ

It is a brilliant idea. At time, I had a potential tenant from Speedrent, she was not able to pay the 2.5 months deposit, but didn't materialized as the tenant could not afford to pay the 2.5 months in one go. If this scheme launched earlier i would be able to close the deal.

Speedrent ll know whether biz model works in months to come. As many have many cc nowadays , to stop one is easy. But to tenant and landlord now...surely it is good news.

This post has been edited by propertybbb: Apr 12 2016, 11:37 PM

In your opinion, would she make a good tenant? Did you think she was financially 'bad'?

Just want to see what you thought about unable to pay deposit.

Oh yeah u know why i support ur idea? Coz last time i was con got fella wanna rent from me say he works as exec bla bla bla...then turns out hes an odd job worker....cook i think...then after 2 month mia no more pay rent...naand run away stealing mah washingg machine and other tenant shoes...

So if upfront you guys request credit card autodebit u indirectly screen the tenant 1st...cc minimum income oso at least 2k-2.5-3k....and its not easy to approve cc banks only approve if ur decent working guy with credible proven salary...

I dunwan get cheated again by tenant saying hes an exec and turnout another jobless bum/failed guy and go steal mah house stuff again 😁👌🏻

Risk transfer. yet no need to pay premium like insurance. The another side pay the insurance premium for u.

This post has been edited by propertybbb: Apr 12 2016, 11:43 PM

Having the depo does reflect the financial strength for sure. You may ask banker on those who can pay higher upfront payment for car loan compare to lower group. Statistic doesn't lie. But your side has leveraged on credit card auto debit which mitigated yoir risk in certain extend. Tenant ll borrow more via cc for sure going forward. With rental also can pay via credit card, it ll make the gen Y cc debt to go higher, definitely. They may not terminate the card until really everything gone wrong as they may still want to pay rent via credit card as source to enjoy life and to have roof on top their heads. Your estimation of 5 to 10pc of bad apples could be a bit of optimistic. Being involved in behaviour credit scoring works, and if I set the income n age group right (guess your customer segment), 10 to 20pc ll be a more realistic. 10pc fees charge cannot even cover your more 1.5months when default happens in his last two months not to say if happen in early month. Well, not to be worried, the expected loss equal to PD x EAD x LGD. PD part you cannot do anything as you don't do filtering for ppls who take up this scheme, but you can think more to mitigate your risk on EAD and LGD part. Smart fella like you guys surely can resolve it. Simply asking for two cc accounts instead of one will easily help on your LGD part. Good luck. No matter what, it is fantastic idea! Speedrent rock!

This post has been edited by MrHunter: Apr 13 2016, 01:01 AM

I am not sure if she is a good tenant? It is a 50:50 ball game.
The best thing is she can pay the rent that I requested, which was around RM2500 pm.

My unit ended up tenanted for RM1900pm, the tenant negotiated down with the 1 year advance rental payment.
So these 2 are the extreme cases. Landlord either take the risk with higher rent or lower rent with minimal risk.

This business model attract low credit rating tenants, landlord has no incentive to evict defaulter until after 3rd month rent is paid, will last until cash for guarantee payment to landlord is burned out.

If this payment platform fold, landlord will leave without any protection.

This post has been edited by icemanfx: Apr 13 2016, 08:34 AM

U r no longer property owner so join sked. U r high credit rating Tenant who pays the 4k maintenance fee for owner.

i think you guys missed the point.

speedrent is essentially a platform or medium for landlord/tenant.

this zero downpayment scheme is an added feature or option which tenant/landlord can choose. it's not mandatory.

it's always good to have more options in the market. it's up to the people to choose.

wheimeng, might need your help in the future. got some ideas to bounce. kekeke.

i like the idea but i must say speedrent as the guarantor in case of no deposits, sounds dangerous to both speedrent and the landlord? sorry to ask but speedrent really can swallow the losses if many tenants abuse the feature?

Soon, there will be virtual tenancy to skim the guarantee payment.

This post has been edited by icemanfx: Apr 13 2016, 10:10 AM

I'm not property agent, but i can see that speedrent has really cut out the middleman like property agent, i think speedrent should come out a platform that agent can also benefit from it so to create a win win to landlord-tenant-agent...

I think the success of this will depend on the number of tenants who are willing to use this platform, as landlord will go where the tenants are. So from tenant's perspective, what are the benefits for using this platform?
Tenants are actually paying 10% extra just so they can avoid the deposit upfront (correct me if I'm wrong), so for those who can afford the deposit, I don't see any benefits for using this platform. Even if I were to put the deposit saved in a fixed deposit, the interest generated will be far lower than the extra 10% I have to pay every month.

i thought so too but then maybe we underestimate the number of young people short of ready cash

agents can advert in speedrent and still pocket one month commission from landlord?

touch and go also practise 10% top up for car parks. a lot of people still uses it.

Speedrent tconcept is bypass and save the agent fee to benefit tenant and owner both side.
I will said property agent company also can provide the same service to tenant and owner, don see the necessary to include property agent in this idea.

I like this idea and coming i will try this services.

Even if this is true, there are other medium out there for you to borrow small sum of cash (Ex: Bank Personal Loan...) to pay rent deposit, which I think has much lower interest than the 10% extra you have to pay every month. And if you can own a credit card, I don't think there's any problem for you to get Bank Personal Loan approved.

any different with ibilik if bypass agent?

Actually this is a platform for rental. Tenant most likely can still proceed to pay the deposit in full if they willing and afford to do so.

Speedrent just provide another alternative for those not afford/willing to do so, but yet want to rent a house, by leveraging their credit card repayment capability.

For landlord, one will trade off the bulk upfront deposit collection with a rental receive on time service.

For tenant, one will trade off the bulk upfront deposit payment with 10% rental surcharge.

Willing landlord, willing tenant, no absolute gain for either party.

This post has been edited by samkps: Apr 13 2016, 09:24 AM

And they have other free services for tenant.. From phone line to Astro. Furniture moving.. Etc. they gain commission from the service providers. Owner also happy no need worry especially dealing with expat.

This post has been edited by HELLO HELLO: Apr 13 2016, 09:29 AM

If speedrent concept is try to eliminate or exclude agents to be part of the system, it will eventually not growing but ended up just surviving or to be ceased.

I can't see that rental price is fixed like selling items in alibaba or taobao. It is still need a negotiation that agent needed to be third party to provide the services to connect the parties.

At this stage, speedrent chance to succeed, i guess is 20/80

I presume the platform provide avenue for landlord and tenant to have direct communication and negotiation?

This post has been edited by samkps: Apr 13 2016, 09:39 AM

Save half month rental but to get landlord himself to do the filtering & negotiation and also the preparation of tenancy agreement? personally would rather give agent to do it if rental price is not high..