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 Speedrent, Guarantee Deposit Scheme (ask opinion)

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soolim88
post Mar 26 2017, 07:55 AM

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QUOTE(holybo @ Mar 18 2017, 10:50 PM)
It is a good idea for doing a tech in renting market. Generally Speedrent should need to compete with existing agent who collect 1 month rental for commission & they settle everything including finding tenants, viewing, etc.

Speedrent is a DIY platform, hence landlord should be charged much more lesser (50%-80% cheaper) for listing a property there since landlord has to bring tenant to view which is the most hassle part.

However, from what I feel, I have some suggestions:

1) You should explain graphically/video to explain on how speedrent works for tenant & landlord
2) Landlord should required to sign up before posting a property, for further editing if required. (I didn't use mobile apps)
3) Insurance is free or require additional charges?

Tech company basically has to create disruptive force in current market, usually bringing cost saving & convenience mechanism for both parties. I dont think Speedrent is doing enough to create the force as what Uber/Airbnb did.. Probably Speedrent require more fund to fight the turf war
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Agreed. I must say Speedrent is a brilliant idea. thumbsup.gif However to tackle bad tenants, more resources and ideas need to kick in. For eg, banks do searches and name screening on customers but there are still NPLs. Bad times cannot be foresee. Someone rich can be broke at anytime.

 

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