HONG KONG SAR – Media OutReach Newswire – July 30, 2024 – LetsGetHome, a pioneering platform in Hong Kong, is revolutionizing the traditional real estate market with its customized apartment rental services, transparent pricing and cutting-edge AI technology.
Improved apartment search with AI-supported tools
LetsGetHome’s innovative approach is based on its proprietary AI Matching Algorithm, which uses machine learning to analyze historical data and user interactions. This advanced technology delivers highly personalized property suggestions and ensures users find the perfect match for their rental needs quickly and efficiently.
In addition, Mable, an intelligent chatbot, optimizes early listing inquiries and automates interactions, providing a smarter, faster, and more user-friendly real estate transaction experience. These AI-driven features not only increase user satisfaction but also set a new standard in the rental market.
Violation of the brokerage commission norm
In November 2023, the Hong Kong antitrust authority uncovered commission tricks in the real estate market. Large agencies are said to have “agreed” on a 2% commission rate, which harms market competition and customer interests. LetsGetHome is opposing this practice by offering a fairer alternative.
Innovative user-centric rental model in Hong Kong
In a market dominated by high commissions and opaque practices, LetsGetHome offers a user-centric approach that allows renters and landlords to select specific services and pay only for what they use. This model ensures significant savings and a more personalized rental experience.
“Have you ever considered an agency that customizes its services to your needs, whether you search online or contact agents? With over 3,000 licensed agencies and over 7,000 stores in Hong Kong, it can be difficult to find such a service,” said Christal Wong, CEO of LetsGetHome. “At LetsGetHome, we understand that finding the perfect rental apartment in Hong Kong can be stressful. We are here to make it easier for you with personalized options and clear pricing. By offering customizable rental services, we enable users to make informed decisions without having to bear the burden of excessive fees.”
Fairer and more affordable rental service fees
LetsGetHome introduces a commission-free rental platform where landlords can post rental properties online for free, facilitating direct contact between tenants and landlords. For brokerage services, LetsGetHome charges only 25% of a monthly rent, which is paid exclusively by landlords, eliminating tenant commissions. Their pay-per-use service model includes options such as VR viewings, lease extensions and relocation services, ensuring transparent and high-quality service pricing.
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About LetsGetHome
LetsGetHome is Hong Kong’s first on-demand apartment rental platform specializing in transparent, customizable rental solutions. LetsGetHome offers various rental options, from self-listing for landlords to premium agency services. Tenants can also choose between self-search and guided assistance, ensuring a flexible and secure rental process.
