I've been working in the Property Management industry for around 20 years and only found out about RNT recently. Our agency does not advertise with them. A few of our competitors do.
Came across this thread and it's hilarious.
Can anyone tell me how they are going to make money? They've currently got a market cap of $31m. How is that justified?
They seem to me to be just another search portal with add ons that tenants wouldn't pay for and landlords can get from their local agent for free. It's simply a glorified search portal. Realestate.com and Domain already have this well and truly covered. not to mentioned realestateview, homely, homehound plus how many others?
At what price did the Sophs get issued shares?
I've been working in the Property Management industry for around...
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