DEMO: MyOwnRealEstate.com plays landlord for you

moreLots of applications will match apartment seekers with apartments available to rent. But MyOwnRealEstate.com takes care of managing the apartment — and the relationship between landlord and tenant — after the apartment has been rented.

The web site, being unveiled today at DEMOfall 09, has property management tools where a tenant can channel maintenance requests and rent payments directly to the landlord. It is offered as a software-as-a-service application, so you can log into the site wherever you are and still be in direct communication with the landlord or tenant. All of these records can later be accessed as a complete record of the relationship with the tenant.

The company executives had a hard time on stage because the site wasn’t loading fast, so they couldn’t really show much of the service in action.

A centralized server stores relevant data and lets tenants and landlords get real-time information from each other. It should be especially helpful for property managers who are always on the go. There are an estimated 36 million rental units in the U.S., according to market researcher North Point Group.

myrealestateIncluded in the service is video surveillance software. Video cameras can upload video to the site and the landlord can view the videos just by logging into the site. That gives visual reassurance that the rental property is in good shape.

The self-funded San Jose, Calif.-based company plans to charge a fee of about $5 a month for the service.

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About the Author, Dean Takahashi

Dean is lead writer for GamesBeat at VentureBeat. He covers video games, security, chips and a variety of other subjects. Dean previously worked at the San Jose Mercury News, the Wall Street Journal, the Red Herring, the Los Angeles Times, the Orange County Register and the Dallas Times Herald. He is the author of two books, Opening the Xbox and the Xbox 360 Uncloaked. Follow him on Twitter at @deantak, and follow VentureBeat on Twitter at @venturebeat.

  • The concept sounds interesting but I wonder how it will play out in reality. Are there hidden camera's on the property or are the tenants made aware of them? Part of the problem is that many landlords hire property managers to take care of all the bill collecting, repairs, applicant screening etc., so that they don't have to themselves. It will be interesting to see how many adopt this 21st century way of property management.
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    this site is terrible. filled with misspellings and a lot of pages crash. shouldn't have used .NET
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