News and Announcements
Rentwolf Features in the AFR
- Published June 21, 2017 12:00AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
Former Deloitte Australian CEO, Domenic Martino has backed his son Chris’, Rentwolf, which seeks to cut out estate agents from the lucrative $44 billion-a-year income market.
KEY TAKEAWAYS:
- Funded out of the Martino family office, Rentwolf is an online rental marketplace that connects hands-on property owners and tech-savvy rents through application profiles and automated lease, payment and property maintenance system.
- Rentwolf is a free-platform for renters to see and compare other offers made on the same property, along with also being able to view median rental prices for individual properties, streets and suburbs.
- Rentwolf will launch in July charging residential landlords $14p/m rather than a typical 8 per cent monthly rental commission- charged by estate agents.
- Rentwolf has clocked up 3,500 registered users including over 340 property owners.
“For owners, Rentwolf eliminates all listing fees and commissions, and automates the lease process and property management tasks, from accepting an offer through to digitally singing a lease and managing your property,” he said.
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