Top 5 Alternatives of Sharetribe Rental Software

In the rental industry, there are various approaches to developing a fully functional rental marketplace. These approaches include both custom development and readymade no-code and low-code software. After a close comparison, it can be clearly observed that using readymade solutions is a more cost-effective and faster approach. As per a McKinsey Technology Trends Outlook, using no-code and low-code solutions reduces the development timeframe by up to 90%.

One such readymade low-code solution to build rental marketplaces is Sharetribe. Launched in 2011, Sharetribe is a renowned SaaS-based rental software that comes with vast functionalities to provide extensive support for rental operations. Its templatized interface also reduces the time-to-market and provides a superior rental experience. Nevertheless, because of some reported concerns, many entrepreneurs are looking for a Sharetribe alternative software. These concerns are:

• Recurrent pricing structure with discounts available only on annual billing
• Very basic front-end design with limited customization options
• Recurring charges on custom landing pages
• No official development support for customization
• Does not have an integrated content management system

If you also reached this article while looking for a Sharetribe alternative and want to avoid the aforementioned challenges, then we have listed down the most suitable option after evaluating multiple rental software. A reliable Sharetribe alternative should be up to the mark on the following criteria as these are the key value propositions of Sharetribe:

1. Feature Set: Just like Sharetribe, the alternative software should have an impressive feature set.
2. Rental Niches: Sharetribe supports multiple rental niches. Thus, its close alternative should have built-in support for deploying rental websites in multiple rental niches as well.
3. Scalability: To be called a true Sharetribe alternative, the rental software should be highly scalable in terms of number of transactions and listings
4. Ease of Use: For using Sharetribe, no programming knowledge is required. The same is expected from Sharetribe alternative software.
5. Multilingual: To provide a delightful user experience to the native users of multiple regions, Sharetribe is a multilingual solution. Its alternatives should also have multilingual support.

Top Sharetribe Alternatives: Impressive Software Choices Beyond Sharetribe

Take a look at the top Sharetribe alternatives available in the industry. All these alternatives provide unique value to rental business owners. While some are highly cost-effective, some have an unparalleled feature set. Read below to find out the alternative that is best suited for your business.

1. YoRent

In the modern-day world, entrepreneurs who want to leverage technology want it to be on par with those of the leading players. They want their storefronts to provide a highly satisfying rental experience that they have already witnessed on leading players’ websites. This is where YoRent readymade rental software delivers the maximum value. With next-gen capabilities and support for both B2C and B2B business models, YoRent is a full-service rental platform launched in 2015 that helps business owners embrace complete digital transformation. It is highly suitable for entrepreneurs who are looking for a lifetime licensed software in comparison to Sharetribe’s recurrent costs. With features like rental security management, agreement and eSign, document verification, and overdue returns, YoRent is one of the best Sharetribe alternatives.

3. Twice Commerce (formerly- Rentle)

Where the majority of the rental software categorizes i.e, SaaS software, two solutions provide the maximum value in terms of scalability and growth. While the first one is Sharetribe, the second one is its alternative Twice Commerce. Launched in the year 2018, Twice Commerce is a solution that supports circular business models. As a result, today Twice Commerce is a feature-packed rental solution with both rental and sales functionalities. In addition, for the improvement of the software, the company releases frequent releases with bug fixes and new features. To name a few, rental subscriptions and pick-up points are the latest additions in Twice Commerce. Thus, it is a reliable choice for entrepreneurs who are looking for a Sharetribe alternative with frequent OTC updates.

4. EZRentOut

The consumer segments in the rental industry are vast and diverse. This creates a need for a generalized yet sophisticated solution that can help simplify the overall user experience for the vast audience. Thus, if you are also looking for a rental software that is generalized for the majority of audiences, then EZRentOut is right for you. It is a Sharetribe alternative that focuses on providing a satisfying rental experience to both customers and business owners with a simple and user-friendly interface. EZRentOut has all the basic features required to manage a rental store and quick payment processing on the front end. Through EZRentOut, business owners can oversee all their business operations within a few clicks and ensure safe transactions.

4. Booqable

Catering to the fragmented groups of diverse rental businesses, Booqable is a renowned software solution in the rental industry. It comes with a templated design to reduce the overall time-to-market and assists business owners in launching powerful online stores in various rental niches. With Booqable, planning and managing rental operations is easy. Business owners can track inventory in real time, monitor overdue returns, get restock alerts and send email reminders to customers. Additionally, Booqable has the option to sell consumable items which allows rental businesses to offer added-value products to customers.

5. Reservety

Many rental businesses prefer a solution that is quite simple and helps them primarily with bookings and reservations. Reservety is a Sharetribe alternative that meets these requirements. It is another cloud-hosted solution that helps entrepreneurs launch captivating rental stores with abundant design capabilities. Moreover, Reservety supports sales operations with the help of WooCommerce plugins. It is very suitable for those businesses who are looking forward to experimenting with the online rental markets. However, in the long term, they might need to migrate to some other solution.

Conclusion

Sharetribe is undoubtedly a robust rental solution with a wide range of features. However, due to some business preferences, notable shortcomings and pricing structure, some businesses prefer alternative software. Our article solely focuses on providing them with ample information to select an appropriate alternative while also introducing numerous other rental software that they may want to consider. Out of all the aforementioned options, we recommend going for the ones that are cost-effective to prevent any cost overheads and truly meet your requirements.