Rentalic - Free Enterprise Rental Marketplace

Free Enterprise Video Contestant - Rentalic (aka Rentalic.com)
My name is Punsri. I am Free Enterprise.

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[TheRentalic]

Awesome feedback everyone! Please register on the site, try listing some stuff, try renting some stuff, provide feedback and please spread the word to your friends, family, colleagues, and neighbors. We need to build the critical mass and we need all your support to do it!

[MrManula]

very good concept. Great Idea.

[TheRentalic]

@MrManula Yes, we are the link. :-) We help "People who need stuff" find "People who has stuff". System is quite easy to use and people who rented stuff so far find it very useful. We encourage everyone to go to their closets, garages, or storage and find those rarely used items and try listing. Its a great feeling to make money off of items just sitting around the house.

[marcfredson]

Great idea but you need to come up with a new name. Otherwise it sounds like Rent-A-Lick. Great concept but the name needs to be reconsidered.

[TheRentalic]

@marcfredson Rentalic stands for "Rental In Community". A few people pointed out the same thing. It is pronounced like "Metallic". It never occured to us when we pick the name. How much of a problem do you think the name would be?

[mcalexy2k]

Good idea.. save money.. save environment from unwanted items

[TheRentalic]

@mcalexy2k Not just unwanted items. There's eBay and Craigslist for selling the unwanted items. Our site is great for the rarely used, but wanted items. :-) Increasing the usage of these rarely used items and helping people earn some cash, save some cash, and save the environment is the goal! :-)

[evangore]

What if you rent an item(say a camera) and when you get ready use it you discover it is broken? Are you going to be held responsible for damage you did not do?

[FISHINGTOE]

If they shut down the comment section on the I am free enterprise site keep in touch

[TheRentalic]

@Katydid1950 We havent heard from organizers yet. But, according to our data through our Youtube account, we see that we did quite well. But Youtube did not update our view count until after the competition ended. Dont know how the organizers get their data. Hopefully they will get accurate data directly from Youtube instead of going by the number that youtube displayed on the page.

[TheRentalic]

@MaxwellNathaniel At the time of listing, owners are able to specify a "Security Deposit". Borrower has to pay the rental fee + security deposit before owner hands over the item. Once the item is returned back, owner can refund the deposit. Also, our rating/feedback system will help keep the bad people out of the system. If someone constantly damaging or stealing things, they will get a bad reputation and that will be the end of them renting anything. goto our site and see the help video

[Katydid1950]

So, how did this do in the contest?

[MaxwellNathaniel]

Very interesting idea, but I have a few questions. What happens if the rental item is damaged during use? How can the person renting out the item be assured that it will be returned? How will they be compensated for lost, stolen, or damaged property? Thanks