News and Announcements
Australian Start-Up Rentwolf Launching Soon
- Published April 28, 2017 12:00AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
‘Rent-bidding’ apps essentially allow prospective tenants to bid how much rent they are willing to pay to live in a property against other people and offers. The apps allow people to connect directly with the owner, where they can declare move-in dates, length of stay and how much cash they are willing to drop on the rental.
Domain reports that the Live Offer app from US-based real estate tech company Property Connect, and Australian start-up Rentwolf will both debut in Australia in 2017. This follows an announcement by controversial U.S start up Rentberry, announcing it will be launching in Australia this year.
The companies themselves say that their apps work to make the renting market more transparent. Rentberry’s website tagline is “Renting Done Right. Finally”, while Rentwolf’s website says their app is aimed at “Giving you back control in the rental market.”
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