The trick is to become an aggregator of services to the rental...

The trick is to become an aggregator of services to the rental market

If RNT was able to arrange a house, removalist, change of address, change of utilities, insurance etc, I would be willing to pay a couple of hundred dollar for that just to get rid of the inconvenience of doing it all. RNT would then be able to get a good deal on all those things due to economies of scale as well as taking a % from removalists, insurance companies etc.

It then has the opportunity to do this on the landlord side too through tradies etc

They just need to execute

Greg Bader is doing a great job IMO after the founder of RNT blew up the business. Was a tough job to turn it around and he has made significant progress in doing so. I think it’s a buy at these levels but admit a bad quarterly will send this lower.