The business operates a platform designed to give tenants a voice in the rental market, traditionally dominated by landlords and agents. This platform allows tenants in Australia to share their experiences, challenges, and frustrations related to rental properties. The goal is to improve the rental system by gathering reviews and ratings, which inform prospective tenants about the realities of potential rental properties. The service welcomes input from landlords and property managers as well, promoting a balanced dialogue.
The platform aims to build a comprehensive database to help individuals make informed rental decisions based on previous tenant reviews. It addresses common tenant concerns, such as landlord responsiveness and neighborhood quality. By offering this feedback openly, the platform seeks to encourage better standards in rental properties, assisting landlords who maintain high standards while highlighting issues that require attention.
The service is currently free, with potential for ad-based revenue, and remains focused on enhancing the platform rather than monetizing it. The founders are seeking to sell the business due to time constraints from other commitments, envisioning a passionate entrepreneur to take it further. The platform draws comparisons to TripAdvisor but tailored for real estate, offering valuable insights before committing to a rental. The sale includes essential digital assets and offers post-sale support to ensure a smooth transition for the buyer. The startup has modest social media engagement, with specific follower counts provided.
Flippa’s platform is free for buyers. Here are our tips for first-time buyers:
Before making an offer
1. Look for verified sellers. Sellers should verify their email, phone, and government ID. When a seller has completed all verifications, we identify them with a checkmark like this:
2. Review financials. Financials are seller-provided inputs. Always ask for verified financials. Ask for a tax return or request access to their dashboard. if it’s an ecommerce store get a transaction report.
3. Review traffic. Sellers can grant you access to Google Analytics. Ask for read-only access to verify site traffic.
4. Schedule a call. Communication is key. The best way to find out more is to speak directly with the seller. For your protection, keep all communication within Flippa.
5. Make the offer on Flippa. We’re here to help. Flippa does not charge buyers and by making an offer on Flippa you’ll get access to our post-sales support team.
1. Agreements & Contracts.
Connect with a US-based lawyer or purchase asset-specific template legal documents via Flippa Legal.
2. Conduct Due Diligence.
You can conduct this yourself or use our trusted network of industry-leading due diligence partners. They can provide in-depth analysis, identify hidden risks, and independently assess the value of the business. Learn More