Agree that the discussions help us flesh out a topic and our thinking. Appreciate your comments.
i understand that you are struggling to see the value proposition. It is not obvious because they are deliberately not giving us the full story...yet.
but remember at 10% market share they are making good money and a quantum above current levels. So they only need to convince 1 out of every 10 people of the value
and what if it is only $1 per mth or $2.50 like Raiz - would it be worth it then? And the other $5-$6 came from vendors who gain access to a valuable cohort of people, just when they are making critical spending decisions that you generally only make when you are moving? AGL saw the value and gives a $100 voucher with every sign up. At no cost to rent.com.au plus rent.com.au are earning fees off those subscriptions
what if you received $ off your electricity bill or a gift voucher for signing up to a streaming service in your new rental.
what if you payment track record could be verified and improve your credit rating? Is that of value for someone looking to buy a home? Your agent won’t/ can’t do that for you
what if the service was free eventually?
everything comes down to execution of course but I think they are on th right track and this will hopefully be confirmed as more of their plans are revealed!
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