South Africa: reOS automates rental property management with blockchain

By : Adoni Conrad Quenum

Date : lundi, 15 mai 2023 11:56

African tech entrepreneurs are increasingly coming up with homegrown solutions to improve the daily lives of professionals in various sectors. Proptech, while not as prominent as other tech sectors, has its share of innovations.

reOS is a cloud-based proptech platform developed by a South African start-up. It helps rental professionals, agencies, and freelancers automate most of their monthly tasks such as billing, collections, payments, communications, and reporting. The Cape Town-based startup was founded in 2018 by Craig Buckley.

“There has been a great deal of excitement surrounding rental technology in recent years, with several new entrants to the industry. However, these companies have tended to focus on self-service, with direct-to-consumer models aimed at tenants, property owners, and landlords. For the most part, these products look to cut the agent out. reOS has taken a different view, recognizing that the greatest opportunity lies in enabling rental professionals to offer more value to their customers – at scale,” said Craig Buckley in 2020 explaining the rationale behind reOS missions. 

Users can access the solution from its web platform and desktop application. Once they create their accounts, they can access services like lease and portfolio management, money management, financial reporting, and cloud storage.  

The start-up offers several subscription packages. Its packages adapt to subscribers’ portfolios and the features needed. Currently, it operates in South Africa but it does not rule out future expansion. “While we don’t want to get ahead of ourselves, reOS was designed with international markets in mind and as a result that would be a natural progression for us,” Craig Buckley indicated.

Adoni Conrad Quenum

TECH STARS

Please publish modules in offcanvas position.