RNT 0.00% 1.9¢ rent.com.au limited

RentPay, page-9

  1. 1,088 Posts.
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    Ive actually found simweb to be a little inaccurate when comparing it to other sites that I know would have increases from referrals, I don't think it captures referals very well.

    That said, according to them Q1 is their ramp up as their cash from the cap raise is coming in now. Jan/Feb is the best time for the rental market too.

    The thing with this type of software is this stage is always the hardest, it's a huge grind to get that early adoption and get all those kinks out. I am disappointed there aren't more referrals to insurance/internet etc built-in like their origin deal, I was hoping that news would be coming through for this upcoming quarter.
    Pivotal first 6 months now, and hopefully they get some rental agencies on board. If they can snag a big agency to jump on board they could develop the process from advertising, onboarding, and payments with that agency - would be a game changer. But that's a dream obvious.

    Great product, and could easily replace DEFT and those types of payment platforms for agents, but its going to take a bit of effort to get adoption to take hold.
 
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