Partnership Program
Welcome to Rentma8, where we make renting easier and more rewarding for property owners and agents. Our platform isn’t just about listing properties, it’s about creating successful partnerships that drive results. Through our exclusive Partnership Program, we connect your listings with our global network of partner companies, giving your properties the international exposure they deserve. More exposure means a higher closing rate.
Why Partner With Us
At Rentma8, we’re committed to elevating your rental property’s success through strategic partnerships that go beyond the ordinary. Here’s why joining our Partnership Program is the best decision for property owners and agents looking to maximize their potential:
By partnering with Rentma8, your properties aren’t just listed, they’re showcased to a global audience. Our international network of partner companies actively promotes your listings across borders, ensuring that your properties gain the visibility they deserve. This international exposure leads to higher closing rates and quicker occupancy. To kickstart your journey with us, we provide 500 listing credits for free, giving you the opportunity to list multiple properties and reach a wider audience.
Both our international and local partner companies play a crucial role in amplifying your property’s appeal. These partners will apply a strategic markup to your current rental rates. This markup is a part of their compensation for promoting your property and is designed to align with market demands and their unique marketing strategies.
One of the significant advantages of partnering with Rentma8 is that the markups implemented by our partners are theirs to keep, they do not affect your earnings. As a listing agent or property owner, your commissions remain entirely yours, untouched and undiminished. Our partners do not take any portion of the commissions you earn; instead, they are rewarded through the markups they add to the rental rates. This means you benefit from increased exposure and potential earnings without sacrificing any part of your commission.
Our commitment to promoting your listings doesn’t stop at international borders. We also have strong local partnerships that work similarly to our international ones. These local partners will also apply markups to your rental rates, ensuring your properties are competitively positioned in the market. Just like with our international partners, your commission remains untouched. You get the full benefit of your hard work, while we and our partners handle the marketing and promotion.
Your Responsibilities as a Partner:
Our Commitment to You
At Rentma8, our main responsibility is to provide you with legitimate bookings. We ensure that every inquiry is from a verified and serious renter, so you can focus on closing the deal rather than worrying about leads.
Traditional Commission vs. Rentma8’s Approach
In the traditional rental market, the commission structure typically involves a 50/50 split between the listing owner and the agent who brought in the client. This means that if a client is secured, half of the commission goes to the listing owner, and the other half goes to the agent. While this is standard practice, it often means that both parties must invest heavily in marketing and client acquisition efforts to make the deal worthwhile.
With Rentma8, we’ve streamlined this process to make it more efficient and cost-effective for you. Our commission rates are much lower than the traditional 50/50 split, allowing you to retain a larger portion of your earnings. We handle all the marketing and client acquisition through our extensive network of international and local partners, freeing you from the burden of these tasks. This means you can focus on what you do best—managing your properties and closing deals—while we bring the clients directly to you.
Rentma8 Commission Structure
At Rentma8, we’ve designed our commission structure to be transparent, fair, and aligned with your success. All clients referred by our third-party partner companies are considered direct clients of Rentma8. This means that while our partners play a crucial role in promoting your listings, Rentma8 manages the bookings, ensuring a seamless rental experience for both the client and the property owner or listing agent.
To maintain this level of service and to continue providing valuable leads, Rentma8 collects a small portion of the commission earned from these bookings . Specifically, we charge:
20% Commission on Daily Rentals (6 months and below) : For short-term or daily rentals, Rentma8 retains 20% of the commission that you, as the listing agent receive. This ensures that we can continue to provide a steady stream of clients while you keep the majority of your earnings.
30% Commission on Long-Term Rentals (above 6 months) : For long-term rentals, which are defined as contracts lasting a minimum of 6 months, Rentma8 collects 30% from the listing agent commission. This rate is still highly competitive, considering the extended duration of the rental and the ongoing support and marketing provided by Rentma8.
For direct property owners, our system is designed to offer a straightforward and cost-effective approach to commissions. Unlike the traditional commissioning structure, where owners might give up to 50% or even 100% of the rental income for long-term tenants, and around 10% for daily rates, Rentma8’s model is far more owner-friendly. We only take a portion of the commission, mirroring the same breakdown as with agents: 20% on daily rentals and 30% for long-term rentals (minimum of 6 months). This means you retain more of your earnings while still benefiting from our comprehensive marketing and booking services. By partnering with Rentma8, you get the best of both worlds, professional promotion and client acquisition, with a minimal impact on your profits.
By proceeding with your partnership with Rentma8, you acknowledge that you have read, understood, and hereby agree to all the terms and conditions outlined above. This agreement ensures that both parties are aligned in their responsibilities and commitments, allowing for a smooth and mutually beneficial collaboration.
If you have any questions or concerns about our Partnership Program or the terms and conditions, we're here to help. Please feel free to reach out to us at [email protected], and our team will be more than happy to assist you. Your satisfaction and clarity are our top priorities, and we’re committed to ensuring a smooth and transparent partnership experience.