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Jeremy Goldschmidt - RentBetter - Advisr Founder Stories

Jan 16, 2020
Views: 3497

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Jeremy Goldschmidt - Founder & CEO, RentBetter

Business Website: Rent Better

Where can people find your business on social media?

Facebook

When did you start your business?

2016

How do you describe to others what your business does?

RentBetter is a technology platform enabling landlords to effectively manage their investment properties, accessing the same tools and services as a traditional agent at a fraction of the cost. We provide the technology and the know-how, while landlords retain complete control of the rental process (and save money while they're at it!)

What are three things someone should talk to you about regarding your business?

Advertising a rental property and finding tenants. Managing a rental property without using an agent. Saving time and money and increasing your level of control using the RentBetter platform.

What changes do you see happening in your industry? How are these a threat or an opportunity?

In most industries over the past 5-10 years, there has been a general trend towards 'self-serve' and DIY models as technology improves and enables consumers to cut out extra steps in the value chain and go direct. The general theme across property management for some time now, has been efficiency, automation and improved processes. As revenue margins in the traditional real estate agent model come under pressure, the cost to serve customers has increased, and ultimately a technology solution is required to provide a step-change in performance and enable agents to meet their customer needs, profitably. We see both these trends as a huge opportunity for RentBetter in both the B2C and B2B space, as our platform enables less cost, more control through better technology.

Where do you see your business in 5-10 years?

Our goal is to have a percentage of properties in the Australian market managed through the RentBetter platform.

What are three things that could go wrong in your business that keep you up at night?

How can we deliver more value for our customers? What are our competitors doing? Are we growing fast enough?

What are some of the steps you have taken to protect your business?

Invest in the right people

How do you feel about business insurance? (1 Being "See no value / grudge purchase" 5 being "Love knowing I'm protected")

CyberCare

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Cyber Liability Insurance

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CyberSelect

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How do you feel about business insurance? (1 Being "See no value / grudge purchase" 5 being "Love knowing I'm protected")

What types of insurance coverage do you have?

Professional Indemnity insurance;Liability insurance;Cyber Insurance;Workers Compensation

How did you buy your business insurance?

Via an insurance broker

Insurance Broker Founder Stories

General Advice Warning: This advice is general and does not take into account your objectives, financial situation or needs. You should consider whether the advice is appropriate for you and your personal circumstances. Before you make any decision about whether to acquire a certain product, you should obtain and read the relevant product disclosure statement.

All information above has been provided by the author.

Andy Jamieson, ABN 17 613 588 266