The Rent.com.au Ltd (ASX:RNT) share price continues to fall from lofty heights
Raymond Jang
March 5, 2021
Secure your buckle as the Rent.com.au Ltd (ASX: RNT) share
Rent.com.au aims to provide a digital rental marketplace equipped with products and services that simplify the renting process for renters, landlords and agents in Australia. The company is focused on becoming Australia’s number one site for rental properties. Think of Airbnb Inc (NASDAQ: ABNB) but for Australian rental properties.
Rent.com.au generates income primarily from one-off and periodic fees related to renter products, such as RentCheck, RentBond, RentPay and RentConnect. On the flip side, the company also receives fees from agents and landlords from products like RentCheck, RentReports, RentQuotes, RentBond and RentPay. On top of this, advertising revenue is the remaining source of income.
Secure your buckle as the Rent.com.au Ltd (ASX: RNT) share
The Rent.com.au Ltd (ASX:RNT) share price is shooting higher again
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