Rent.com More Aggressively Going after the Single Family Home Market?

Posted by Rent Marketer at 6/28/2007 8:16 AM
Categories: uncategorized

Is rent.com (an ebay company) going to more aggressively go after the single family home market? This note has been posted on the rent.com site:

We have discontinued the registration and renewal of Rent.com listings for properties with fewer than 20 units, including individually owned units. This is a necessary part of our efforts to implement new services tailored specifically for properties with fewer than 20 units, and we regret the inconvenience.

 

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  • 6/28/2007 12:56 PM Josh wrote:
    They are not allowing units under 20 because they have a hard time tracking leases. Either managers of homes are getting free leases or they are getting stuck with a $375 dollar bill and the property didn't rent through rent.com, in some cases. Very complicated model for units under 20 maybe they will do something like mynewplace.com.
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  • 6/28/2007 2:45 PM Steve wrote:
    Hi Josh,

    Good point. Do you know what mynewplace is doing?
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  • 6/29/2007 11:04 AM Josh wrote:
    Steve,

    Pay per lease of $375 for apartments and flat rates based on 10 homes, 50 homes, etc. Interesting if apartments owners find out about the flat rates to single family home managers. $299 was the highest flat rate if you are wondering for over 100 properties.
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