“Half of all property listings on Flatmates.com.au are from homeowners, with the majority of these being live-in landlords renting out a spare room in their home.
There has to be a solution we can provide to assist in this ever changing market, I know the company doesn't want to go against the agents but while the supply shortage is in full swing flatmates.com.au is taking off and there is a large cohort of homeowners using it just to fill up a spare room.
A variation of RentPay tailored to this informal tenancy could help, record keeping for tax purposes for the home owner and having the transparency on both sides (rent buffer/bills being uploaded through the app) would build trust in the relationship.
There is 27% DIY landlords in Australia and products like Rentbetter.com.au probably don't have a solid robust solution for rent collection, Greg said it would be a significant strategic change but I support a partnership in this space.
Meanwhile we wait to see the collaborate marketing effort we can ponder who its with, here is some inspiration.
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