Finding housing abroad just got infinitely easier thanks to Boxyroom. Boxyroom is a Singapore-based company that connects foreigners to landlords around the world. Travelers can browse and apply for housing from the comfort of their home country. In addition, landlords can list their properties for rent.
The application of a prospective applicant is sent to the landlord for judgement. If approved, Boxyroom collects payment from the new tenant and gives them a payment code in return. The new tenant then gives the payment code to the landlord, who can collect their payment from Boxyroom. Finding a place to live abroad is a nightmare at best. Contacting landlords and filling out applications is a pain to do at home, but it’s even tougher when you’re trying to secure a place to live that’s halfway around the world. The site is in its infancy, so it may take some time for its listings to fill up.
Foreign House-Finding Sites
Boxyroom Makes it Easier for Travelers to Find Lodging Abroad
Trend Themes
1. Remote House-hunting - Using online platforms like Boxyroom, travelers can browse and apply for housing abroad from the comfort of their home country.
2. Global Landlord Connections - Companies like Boxyroom connect foreigners with landlords around the world, making it easier for landlords to list their properties for rent and reach a wider audience.
3. Streamlined Payment Processes - Services like Boxyroom facilitate secure payment transactions between tenants and landlords, eliminating the need for complicated international transfers and ensuring a hassle-free rental experience.
Industry Implications
1. Real Estate - The real estate industry can leverage platforms like Boxyroom to expand their reach and attract foreign tenants to their rental properties.
2. Travel & Tourism - The travel and tourism industry can benefit from remote house-hunting services like Boxyroom, enhancing the overall experience for travelers seeking accommodation abroad.
3. Fintech - The FinTech industry can explore opportunities to develop innovative payment solutions that facilitate secure and streamlined transactions between tenants and landlords in the global rental market.