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.

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

I have advertised my condo in speedrent some months ago, the response is quite lukewarm.

I was told :-

I) only for Malaysian renters

2) only for rental 3k a month and below.

I have also tried speedrent for a few months but don't really get quality enquiries..
mainly tenants asking for lowball rental ..

Am not really convinced that not asking for deposit is the way to go for now..well let speedrent do a trial run
of sorts and see how it goes..time will tell

im not sure whether can this method below implemented by speedrent to minimize or probably eliminate the risk of having tenant "run road" by

charging the tenant whole year or 2 year rental fee and offer 0% IPP/EPP payment for 12 months of 24 months depending on their tenancy agreement.

by doing this, the tenant will have no chance to cancel their credit card as the limit has already block the card for this fix duration until they settle the payment

can this be done?

That one I agree. Not many quality enquiries from speedrent.
I have one funny request from Speedrent's prospect. The prospect asked me my unit's facing direction as she believes in Fengshui. She can only accept the unit facing North East and 35 degrees more to East, which is not easy to find for condo. If we go thru the agents, they can help to filter out such enquiries.

Having said that, some agents also not doing their job such as the following situation.

(1) You advertise your ff unit for RM2500, the tenant budget is only RM2000. But agent still brings the tenant in, by hoping the tenant can increase the budget to RM2500. But the tenant insists in RM2000 budget, so it is still a no deal, and waste of time.

(2) Tenant view property in February, but only want to move in in the month of June. I call the tenant "wan kat" as no landlord will leave the property empty for 4 months in order to rent to the tenant. So the agent is not doing his job filtering the tenant, and wasting the landlord's time to open the door.

yes can chat, but the chat room response very slow due to obvious reasons.
so i prefer to chat in whatapps