Real estate portals in India are booming like anything for last couple of years. Apart from the big companies like Housing and CommonFloor, there are also many other websites popped up in this segment, but they still follow the traditional way of listing the properties with no extra information. Websites like OLX and Quikr are filled with the agents whom both the landlords and tenants hate the most because of their heavy charges and not so good behaviors.
Their family had to vacate their rented house within a very short notice period because of some unpleasant conditions in the owner’s family and the brother duo wasted a whole week of time and heavy lump sum to find another good rented house for their family. Though the property portals and local real estate agents were generous enough to show them some good properties but the problem was the travelling from here to there to see each of the properties and every time they chose a property they had to bring the whole family to see it and approve it.
For this, N. Thambu Nash and his brother had to take leave from their offices and skip assignments for more than a week. After they found a house they finally can shift to, this personal experience of running around the whole city sparkled the idea of Chennai Rental Property Videos, a housing portal which will have live physical walk through videos so that the tenants can see how the property looks like in actual. Though there are services where you can see a 3D representation of the property, but a real walk through video will give you the real feel of the property, what the founders believed.
Being in the imaging industry for more than 2 decades, Thambu wanted to create something unique, that no others have done yet. The feeling of creating lively visuals of properties that is real and helpful to the people who are in need of it was something that he felt fits his passion and profession as well. So after many tests & trials he started the portal which is now expanded to a 10 person company bridging the gap between the landlords and tenants in a very effective and efficient way.
The website can be accessed from any internet enabled device. The visitors are presented with a search facility where they can filter the properties according to their best needs and then have all the information about the property. Along with these, they are presented with a walk through video, shoot in high quality, showing each and every corners of the property so the tenants can have the exact feeling if they were in the property itself.
After a tenant shortlists some properties, the team gets in touch with him and assigns a client coordinator who takes the tenant to the properties and finalize the house. In this way the tenant saves money and time by minimizing the broker costs.
As a property owner or landlord, you get the option to list your property on the portal and one of the client coordinator gets in touch with you. A time is fixed when the video shooting team and the client coordinator come down to the property to shoot videos and photos. Every landlord and property is verified by The Chennai Rental Property Videos team extensively. This narrows down the chances of fake properties and brokers listed on the portal and also the wastage of money by the landlords which has to be paid to the brokers.
In today’s scenario, every tenant who finds a rental home or a commercial property through a corporate real estate agency or through a broker is expected to pay one month’s rental amount as service charges. But Chennai Rental Property Videos charge 50% of one month rental amount as service charges from the tenants. The service charge includes video shooting fees, web portal management fees, social media and premium classified websites promotion fees and the landlord is not charged anything for their listing on the web portal.
Launched in this January, the startup only operates in Chennai as of now and has covered most of the areas of the city. It plans to expand PAN India in near future to get the best real estate experience in the house rental segment.