Rentaly To Launch as New Real Estate Platform With Automated Pre-approval For Mortgages and Links to Financiers

• Rentaly, a new Real Estate technology platform that functions as a property locator and Real Estate mortgage finance platform is set to launch in the third quarter of 2025. The platform developed by University of Technology, Jamaica (UTech) alumnus Denzil Williams and his team has partnered with Real Estate expert Johan O’Gilvie of Immobilien Limited to come to market. It aims to transform the way Jamaicans search for, and finance property, offering an integrated digital marketplace for property listings, rental proposals, and mortgage pre-qualifications.
• Johan O’Gilvie, who will be taking the reins as CEO, says the team is on track to bring the platform to the market in quarter three of this year. it will be Jamaica’s first Real Estate platform that integrates property location, pricing, mortgage financing and rent calculations. The platform will accommodate property sales and rentals where prospects can submit proposals for an agreement in a marketplace that assists with providing successful matches.
• Denzil Williams, who was presenting on the progress of the previous winners at this year’s Sagicor Innovation Challenge at the Jamaica Pegasus Hotel on April 22 stated, “…The site features banking portals, AI insights, 3-D mapping and fully automated underwriting.”
• “We have gone from Rentaly, the student short-term rental matcher, to Jamaica’s number one Real Estate platform. We pitched five years ago, matching students with housing, now we have pivoted. We thought of opening up to allow adults seeking places,” said Williams.
• The site also gets buyers partially qualified for mortgages. “We help with mortgage estimating, closing costs information and other forms of acquisition guidance. Buyers can get prequalified through Rentaly.” O’Gilvie expressed.
• Rentaly, at an appropriate time, will be open to investors, with 20% of shares currently unallocated.

(Source: JIS)