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Topic: [ANN][ICO]Relest - first real estate rental AUCTION platform, 25 November - page 33. (Read 35021 times)

full member
Activity: 168
Merit: 102
Relest - first real estate rental auction platform
I didnt really find an answer in the white paper about the fees. It says initial income will come from subscription to different additional services, but it doesnt say if landlords will have to pay a certain fee to put their asset on auction. If not, how will this project be really funded? Will there also be an option for landlords to choose the minimum price?
Hi! Wink

Quote
Fee-based Services
Landlords will have access to several paid services:
-Promote an auction
-Re-use archived offer (to avoid having to re-complete the offer form, re-add
photos etc.)
-Highlight offer on search page
full member
Activity: 798
Merit: 115
I didnt really find an answer in the white paper about the fees. It says initial income will come from subscription to different additional services, but it doesnt say if landlords will have to pay a certain fee to put their asset on auction. If not, how will this project be really funded? Will there also be an option for landlords to choose the minimum price?
sr. member
Activity: 798
Merit: 262

It will be like airbnb with auction. My opinion it won't be a good idea in short term and don't thing relest team is aiming for it. But in long term, who knows.
 
With this auction system, the landlord will get more profit but the tenant wont feel disadvantaged.
So if i think as a landlord i would prefer Relest.

Yeah, I'm also planning to list my property on the relest when it's live.

I live in a different city on rent so, I hope some day I'll be able to rent my accommodation via relest.
full member
Activity: 490
Merit: 100

It will be like airbnb with auction. My opinion it won't be a good idea in short term and don't thing relest team is aiming for it. But in long term, who knows.
 
With this auction system, the landlord will get more profit but the tenant wont feel disadvantaged.
So if i think as a landlord i would prefer Relest.
full member
Activity: 448
Merit: 107
Relest is really a good idea. The possibility of auction to rent a house can offer the possibility to have a fairer price, based on the will intention of the people and balanced by auction. Its open new possibility to rent, even for short term rent it will be worth for every people. Auction is really a good way to buy me rent something, it show an accurate price instead of a fixed price that is not representative of the market.
full member
Activity: 364
Merit: 100
What do you guys consider to be the biggest challenges of bringing relest to the market for mass adoption?
sr. member
Activity: 980
Merit: 276
$CYBERCASH METAVERSE
What I think an other interesting area of application for Relest could be the renting of holiday houses. The renting periods wouldn't be that long and therefore the risk for the landlord wouldn't be that high.

In a region where a lot of tourists are looking for accommodation tenants can get their desired holiday house and landlords can get the maximum rent.
 

A lot of landlords want to lease their apartments for a long time, 1 year plus because this way they have, normaly, not much to do. At least every landlord I talked to said this to me.

Beside this, this would be in concurrence with AirBNB and I am also not sure if the auction system would be that interesting for such an option.

even if the landlords want to lease for a long time, you can still have an auction for a desirable property. if not the price can drop to entice potential customers.

I said, that it would be maybe not such an interesting option if you want to use Relest platform for short time stay.

It will be like airbnb with auction. My opinion it won't be a good idea in short term and don't thing relest team is aiming for it. But in long term, who knows.

 
full member
Activity: 336
Merit: 112
What I think an other interesting area of application for Relest could be the renting of holiday houses. The renting periods wouldn't be that long and therefore the risk for the landlord wouldn't be that high.

In a region where a lot of tourists are looking for accommodation tenants can get their desired holiday house and landlords can get the maximum rent.
 

A lot of landlords want to lease their apartments for a long time, 1 year plus because this way they have, normaly, not much to do. At least every landlord I talked to said this to me.

Beside this, this would be in concurrence with AirBNB and I am also not sure if the auction system would be that interesting for such an option.

even if the landlords want to lease for a long time, you can still have an auction for a desirable property. if not the price can drop to entice potential customers.

I said, that it would be maybe not such an interesting option if you want to use Relest platform for short time stay.
full member
Activity: 686
Merit: 101
What I think an other interesting area of application for Relest could be the renting of holiday houses. The renting periods wouldn't be that long and therefore the risk for the landlord wouldn't be that high.

In a region where a lot of tourists are looking for accommodation tenants can get their desired holiday house and landlords can get the maximum rent.
 

A lot of landlords want to lease their apartments for a long time, 1 year plus because this way they have, normaly, not much to do. At least every landlord I talked to said this to me.

Beside this, this would be in concurrence with AirBNB and I am also not sure if the auction system would be that interesting for such an option.

even if the landlords want to lease for a long time, you can still have an auction for a desirable property. if not the price can drop to entice potential customers.

Yes I know that its possible to have an auction for a longer lease. What I meant is that for a short period (like a holiday) the risk for the landlord isn't very big. If you rent a flat for a long time it can always happen that your tenant doesn't pay rent and trashes the estate. Are such nomadic renting first in an apartment, they do not get out so quickly.
sr. member
Activity: 770
Merit: 250
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Nice video, maybe your development will be like ebay.
Started as an auction-service and now it is a big warehouse too.
It all depends on the number of people who take part.
Be open for changes and you can play in this business a role, because you are one of the early birds.
full member
Activity: 588
Merit: 100
What I think an other interesting area of application for Relest could be the renting of holiday houses. The renting periods wouldn't be that long and therefore the risk for the landlord wouldn't be that high.

In a region where a lot of tourists are looking for accommodation tenants can get their desired holiday house and landlords can get the maximum rent.
 

A lot of landlords want to lease their apartments for a long time, 1 year plus because this way they have, normaly, not much to do. At least every landlord I talked to said this to me.

Beside this, this would be in concurrence with AirBNB and I am also not sure if the auction system would be that interesting for such an option.

even if the landlords want to lease for a long time, you can still have an auction for a desirable property. if not the price can drop to entice potential customers.
full member
Activity: 364
Merit: 100
Another real estate project. It looks solid anyway. The funniest part is releasing the token to the exchanges so early. That might affect the development but is a clever move in order to attract crypto investors, used to fast pacing operations.

definitely a good move to get the token asap to the exchanges.

buy low now when the ico starts and sell high when it hits the exchange, but there is a possibility that the token will rise at first and fall hard, if the project is not supported by the people.

neverthless, looks solid so far, that i dont think, that this will be a dump story.

Yeah those are list of exchanges they promise but delivering on those promises is another thing. It depends on the exchange to add in coins.
We listed only those exchanges from which we received a positive response

Those exchanges are easy to get in if you have the capital and your coin is backed by a good project, so is normal, BUT, the others, like bitrex, poloniex and bitfinex, are way more difficult to get in, but to start they will do nicely, the exchanges posted I men, anyway, I hope they are prepared for a big dumped if they plan to get the coin in exchanges before the product is online, is the team's decision after all.
Getting listed on exchanges should never be a major goal. Just let that guys focus on their project and build a functionend and well tested product with innovative features and solutions and the rest will happen by itself.

I think it's the team members that are making the hasty decision to list the coins. Personally, I think they should wait. Release a working app, before heading to the market. They might have to deal with few angry investors but those are not the ones they should worry about, cos they not in it for the long run.

What are the considerations for not listing early?
sr. member
Activity: 882
Merit: 277
If i had a dollar for every "had i known"
Another real estate project. It looks solid anyway. The funniest part is releasing the token to the exchanges so early. That might affect the development but is a clever move in order to attract crypto investors, used to fast pacing operations.

definitely a good move to get the token asap to the exchanges.

buy low now when the ico starts and sell high when it hits the exchange, but there is a possibility that the token will rise at first and fall hard, if the project is not supported by the people.

neverthless, looks solid so far, that i dont think, that this will be a dump story.

Yeah those are list of exchanges they promise but delivering on those promises is another thing. It depends on the exchange to add in coins.
We listed only those exchanges from which we received a positive response

Those exchanges are easy to get in if you have the capital and your coin is backed by a good project, so is normal, BUT, the others, like bitrex, poloniex and bitfinex, are way more difficult to get in, but to start they will do nicely, the exchanges posted I men, anyway, I hope they are prepared for a big dumped if they plan to get the coin in exchanges before the product is online, is the team's decision after all.
Getting listed on exchanges should never be a major goal. Just let that guys focus on their project and build a functionend and well tested product with innovative features and solutions and the rest will happen by itself.

I think it's the team members that are making the hasty decision to list the coins. Personally, I think they should wait. Release a working app, before heading to the market. They might have to deal with few angry investors but those are not the ones they should worry about, cos they not in it for the long run.
full member
Activity: 518
Merit: 101
🚀🚀 ATHERO.IO 🚀🚀
What I think an other interesting area of application for Relest could be the renting of holiday houses. The renting periods wouldn't be that long and therefore the risk for the landlord wouldn't be that high.
In a region where a lot of tourists are looking for accommodation tenants can get their desired holiday house and landlords can get the maximum rent.
 
Imho target number one are students, not every university (especially in Europe) have campus and trust me in my country demand is out of the roof. It's also an opportunity for students to pay less
But would you really pay less for rent with auction system?
In this article in Herald Sun (http://www.heraldsun.com.au/news/victoria/calls-for-ban-on-melbourne-rental-auctions-as-tenants-priced-out/news-story/03923b1786ffc538f41f87b2ea2051c9) they are reporting that renters are paying 50$/week more in Melbourne if they attend an auction.

Queensland even banned rent biding in 2009 after a change in tenancy laws. http://www.couriermail.com.au/news/queensland/rent-bidding-banned/news-story/7385b890b60b51c8c5dc6569706b193d

I think in cities with a high demand and a shortage of apartments you pay more with an auction system. This system basically excludes people with lower (or perhaps even middle) income and benefits people who earn enough money to outbid others when they want an apartment.
full member
Activity: 798
Merit: 115
What I think an other interesting area of application for Relest could be the renting of holiday houses. The renting periods wouldn't be that long and therefore the risk for the landlord wouldn't be that high.
In a region where a lot of tourists are looking for accommodation tenants can get their desired holiday house and landlords can get the maximum rent.
 
Imho target number one are students, not every university (especially in Europe) have campus and trust me in my country demand is out of the roof. It's also an opportunity for students to pay less
But would you really pay less for rent with auction system?
In this article in Herald Sun (http://www.heraldsun.com.au/news/victoria/calls-for-ban-on-melbourne-rental-auctions-as-tenants-priced-out/news-story/03923b1786ffc538f41f87b2ea2051c9) they are reporting that renters are paying 50$/week more in Melbourne if they attend an auction.

Queensland even banned rent biding in 2009 after a change in tenancy laws. http://www.couriermail.com.au/news/queensland/rent-bidding-banned/news-story/7385b890b60b51c8c5dc6569706b193d
hero member
Activity: 686
Merit: 500
What I think an other interesting area of application for Relest could be the renting of holiday houses. The renting periods wouldn't be that long and therefore the risk for the landlord wouldn't be that high.

In a region where a lot of tourists are looking for accommodation tenants can get their desired holiday house and landlords can get the maximum rent.
 

Imho target number one are students, not every university (especially in Europe) have campus and trust me in my country demand is out of the roof. It's also an opportunity for students to pay less

definitely interesting in europe where airbnb is success too.  I like this project.
full member
Activity: 616
Merit: 145
🚀🚀 ATHERO.IO 🚀🚀
What I think an other interesting area of application for Relest could be the renting of holiday houses. The renting periods wouldn't be that long and therefore the risk for the landlord wouldn't be that high.

In a region where a lot of tourists are looking for accommodation tenants can get their desired holiday house and landlords can get the maximum rent.
 

Imho target number one are students, not every university (especially in Europe) have campus and trust me in my country demand is out of the roof. It's also an opportunity for students to pay less
sr. member
Activity: 1150
Merit: 260
☆Gaget-Pack☆
Another real estate project. It looks solid anyway. The funniest part is releasing the token to the exchanges so early. That might affect the development but is a clever move in order to attract crypto investors, used to fast pacing operations.

definitely a good move to get the token asap to the exchanges.

buy low now when the ico starts and sell high when it hits the exchange, but there is a possibility that the token will rise at first and fall hard, if the project is not supported by the people.

neverthless, looks solid so far, that i dont think, that this will be a dump story.

Yeah those are list of exchanges they promise but delivering on those promises is another thing. It depends on the exchange to add in coins.
We listed only those exchanges from which we received a positive response

Those exchanges are easy to get in if you have the capital and your coin is backed by a good project, so is normal, BUT, the others, like bitrex, poloniex and bitfinex, are way more difficult to get in, but to start they will do nicely, the exchanges posted I men, anyway, I hope they are prepared for a big dumped if they plan to get the coin in exchanges before the product is online, is the team's decision after all.
Poloniex, Bitfinex, and Bitrex are all U.S regulatory compliant operations. Poloniex, and Bittrex are both based out of the U.S, with Bitfinex being chinese.
    Of course it's harder to get listed on these exchanges, due to the extreme measures of law, and regulations statued by the U.S.A. If you are granted the privilege of being listed on one of these platforms, you can be sure that your rights will be protected, and also be sure to gain major exposure for your asset in the market.
  
full member
Activity: 448
Merit: 107
Leasing is a really huge business. A lot of landlord want to lease their properties and a platform designed for that like Relest can disrupt the way they lease it. The auction can afford to landlord an accurate price to put their properties on the market, it will be logical and calculate with data analysis. Its fairer for people who want to rent a property, and the auction will permit to all people to participate and to have a balanced price based and the will intention of people. Relest is really a good project.
sr. member
Activity: 935
Merit: 257
HAIL THE KING!
Another real estate project. It looks solid anyway. The funniest part is releasing the token to the exchanges so early. That might affect the development but is a clever move in order to attract crypto investors, used to fast pacing operations.

definitely a good move to get the token asap to the exchanges.

buy low now when the ico starts and sell high when it hits the exchange, but there is a possibility that the token will rise at first and fall hard, if the project is not supported by the people.

neverthless, looks solid so far, that i dont think, that this will be a dump story.

Yeah those are list of exchanges they promise but delivering on those promises is another thing. It depends on the exchange to add in coins.
We listed only those exchanges from which we received a positive response

Those exchanges are easy to get in if you have the capital and your coin is backed by a good project, so is normal, BUT, the others, like bitrex, poloniex and bitfinex, are way more difficult to get in, but to start they will do nicely, the exchanges posted I men, anyway, I hope they are prepared for a big dumped if they plan to get the coin in exchanges before the product is online, is the team's decision after all.
Getting listed on exchanges should never be a major goal. Just let that guys focus on their project and build a functionend and well tested product with innovative features and solutions and the rest will happen by itself.
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