In a recent partnership with a large listings advertiser, Airbnb have truly changed the rental game.
The deal, which allows renters to try out an area before they rent, means they can get to know a neighbourhood before committing to a lease. In just a few clicks, potential renters can take a new property for a test drive in just a few clicks on the rent.com.au website.
The move shows Airbnb’s determination to strengthen their hold on the rental market. CEO of rent.com.au, Greg Bader, says the idea is for people to “test drive their new community”.
“We can all look at the photos and descriptions on our website and that gives us a good idea of the property we are moving into, but it doesn’t really paint the full picture of a new community,”, said Greg.
“Airbnb is a great way for people to get a real taste of what their new location is like and offer instant community connection. Entering into a new lease is a big deal in terms of commitment, so why not take the time to really make sure an area is for you?”.
Greg agrees that renting can be a scary process for many people, which is why the recently-settled agreement will work so well.
“Whether for a weekend or a week, holiday or work, move in and get a feel if a place is right for you. Explore, experiment, suss out the clubs and pubs, check the commute to work, time the school run, or just chill at a local café.”
The benefits aren’t just for prospective renters, however. The new deal also offers a special incentive for private landlords.
“We also see benefits for private landlords in securing long-term tenants or extra income. Rental cycles vary for different landlords, so if there is a student focus, for example, there is real probability of vacancies over the Christmas period, so why not list on Airbnb to cover those periods?”
With the sheer volume of options presented to renters, the new agreement will definitely be a game-changer for the property market in Australia.
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What are your thoughts on the Airbnb deal? Let us know in the comments box below.