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View Full Version : Ebay acquires Rent.com for a ridiculous amount..


ziggy25
12-23-2004, 06:05 PM
ebay today announced that it has agreed to acquire privately held Rent.com, a leading Internet listing website in the apartment and rental housing industry.

I wonder what for? oh and guess how much they paid for it...
http://investor.ebay.com/ReleaseDetail.cfm?ReleaseID=150712

RMF
12-23-2004, 06:09 PM
old news......

nameslave
12-23-2004, 06:29 PM
Originally posted by ziggy25
ebay today announced that ...
TODAY? That was last Friday (Dec 17)! ;)

sn3webdesigner
12-24-2004, 07:18 PM
That is a LOT of money! They must be planning something big!

dmaven
12-24-2004, 08:08 PM
rent.com's business is primarily with property managers who wish to list their available units. I also think they automate a number of property manager tasks such as tenant screening, rent billing and collection etc.. Maybe ebay is looking to expand in this area.

realty
01-10-2005, 08:40 AM
I hope they only target fat landlords. Otherwise many listing services may go out of business.