A Complete Guide To PlaceToRent Platform Tools

in rentals •  6 years ago 

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Take a look at the exciting user-oriented features behind our rental platform poised to disrupt the industry standards.


The PlaceToRent platform is a comfortable space for interaction between tenants, landlord and third-party service providers that offers a wide array of useful tools integrated into its system that enhance user experience:

  • Free efficient property search with automated preapproval which will tailor search results to individual applicants and can be very handy for landlords when choosing a tenant;
  • Smart Identity contracts enabling automation of complex identity verification processes and providing value to both sides of the rental marketplace;
  • Digital Property ID consolidating relevant property information in digital form, thus streamlining and automating the due-diligence process, enhancing data security, saving time and reducing or eliminating current inefficiencies and inaccuracies associated with handling physical documents;
  • Smarter decision-making facilitated through more open and shared database, enabling real-time recording and retrieval of property-related transactions. As a result, the users can draw smarter and near real-time insights from our platform enhancing the quality of leasing-related (for tenants) or property-operating (for landlords) decisions;
  • Option to tender best offer providing the tenants with additional tools to negotiate directly with the landlord, ensuring optimal rental rates in the corresponding geographies;
  • Smart tenancy contracts ensuring integrity and streamlining the rental process for our users.
  • Option of payment with PTRT tokens which will address many of the challenges associated with tedious tasks such as rent collection, rental accounting, payment tracking, maintenance requests, etc., and automate payments to landlords, property managers, and third-party service providers;
  • Performance Rating system improving experience on our platform and providing our users with more usable and reliable data to aid in more efficient and smarter decision making;
  • Smart Door locks providing a hassle-free, easy, and secure property access;
  • Smart Matching Tool based on predetermined qualifications. Landlords will be able to utilize a filtering tool that can be customized based on their willingness to absorb risk or to factor out unqualified applicants. The potential tenants will be able to filter out the landlords that have undesirable qualities like poor ratings or low maintenance performance;
  • Ability to contract third-party service providers allowing landlords and tenants to post their projects, select bids and order services from third-party providers (insurance companies, building assessors, movers, maintenance workers, dry cleaners, etc.), and conveniently make instant payments using our utility tokens upon job completion;
  • Alternative financing for qualified tenants enabling them to finance their move-in or rental expenses through a built-in crowdfunding feature;
  • Issue reporting and resolution allowing tenants to report an issue to their landlords (e.g., reporting a broken appliance or alerting of a pest infestation), and track the progress of the repair project;
  • Dispute Arbitration System resolving various issues arising between the platform users (e.g., security deposit dispute, etc.) with the help of arbitrators crowdsourced from the trusted members of PlaceToRent community based on their profile rating;
  • Online chat powered by AI technology streamlining various processes for tenants, landlords, and property managers by synthesizing information, performing tasks, and creating overall efficiency for PlaceToRent users;
  • Suggested Rental Rate Feature tracking, analyzing and suggesting rental rates to the platform users based on real-time market assessment of comparable prices in the corresponding neighborhood, leveraging AI, machine learning and market insight to assure the right price.

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