Flat Monthly has been pioneering the online processing of residential rentals for about six months now. In a nutshell, the firm’s objective of making rentals ‘Beyond Easy’ relies on using best of breed digital solutions for every step of the rental process such as high-quality VR/360 room imagery, digital contracts, online payments, on demand living services etc.
Unwittingly, this is increasingly attractive to agents, landlords and tenants, as it not only makes the process frictionless, this also makes it ‘touchless’. In a period of increased sensitive about touring, meetings, inspections and general exposure to others, this provides the ultimate ‘contact-free and touchless’ solution for all parties concerned.
Anyone who has studied Maslow’s hierarchy of human needs, knows that shelter is way up the top of the triangle, meaning that provision of accommodation or ‘shelter’ as Maslow refers to it is a basic human necessity. It is not a fad, trendy, nice to have or a luxury, but a fundamental requirement for living. Flat Monthly believes that the rental of medium and long-term accommodation is going through a fundamental shift in its nature.
The current pandemic will just accelerate what it believes is a foregone conclusion, that it will be transacted digitally, online, like so many other services these days. Consumer behaviour is well accustomed to transacting online, and until Flat Monthly, were unable to satisfy that need for online transaction of medium and long-term rentals.
To facilitate this ‘touchless’ solution, the company has opened its proprietary technology platform for touchless rentals to all the parties in the rental eco-system. Agents, landlords, developers, corporates and tenants can now all use, license or access its technology to help them conduct business in a ‘touchless’ manner.