Rentberry streamlines the rental negotiation process for both tenants and homeowners. Its transparent online bidding empowers homeowners and property managers to get the true market price for their properties and potentially increase their rental income. In stale markets, it allows to reduce vacancy periods by accepting slightly discounted offers.
Homeowners set guidelines including minimum acceptable price and bidding period. In turn, after attending an open house, tenants save time and frustration by submitting personalized offers based on their preferences, needs and evaluation of competitors who are also seeking the desired property. Homeowners then analyze offers and select the most suitable party.
What’s more, tenants can also complete ordinary rental tasks through the platform, such as submitting credit reports, signing rental agreements, and making monthly rent payments.