I guess most would classify me as a naysayer. But I agree entirely with your first and main comment;
My view such as it is on rnt is that property management is ripe for disruptive technologies to assist the owners who currently choose to privately managedtheir properties, which depending on who you believe is somewhere between 45 – 55% of the market, to attack the fragmented incumbent’s and gain the business of private landlords who use agents but see agents as piss poor value and I also can see rnt adding onto the business a lot of fee generating tools for the private landlord to make managing their properties easier.The issue I have is that the focus of RNT and what seems to be getting most poster excited is unique page views and rental listings. Neither of these I would argue are much help to a private landlord really.
Looking through, I just cant see many services that RNT currently provide that actually disrupt - or even look like they may in future disrupt - the rental management industry.
I hope they or someone can, because as per one of my previous posts I would love access to some good property self-management services.
Currently though this seems to be second to the market share push and I personally just can't see that being a long-term proposition given the limited (zero ?) cashflow currently, nor short term potential - as its going to be an expensive gig to keep the market share from REA and Domain if they do pull it away in my opinion.
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I guess most would classify me as a naysayer. But I agree...
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