Rhome provides a digital platform that lets multiple individuals jointly purchase and occupy residential properties, assigning private bedrooms and shared spaces while automating mortgage, tax, and maintenance payments based on each owner's equity share. The service includes financing assistance, electronic deed generation, a matchmaking engine to pair compatible co‑owners, and a marketplace for swapping or selling ownership stakes, all managed through a real‑time dashboard.
Funding
Funding not disclosed
Founders
Product
Problem
The high purchase price of residential property and the rigidity of traditional renting limit affordable homeownership, especially for younger buyers and those needing flexible living arrangements.
Solution
Rhome operates a digital platform that enables multiple individuals to jointly purchase and occupy residential real estate worldwide. It allocates private bedrooms to each co‑owner while defining shared spaces such as kitchens and living rooms, and it automates monthly payment collection based on each owner’s equity share. The service handles financing, legal documentation, and transaction logistics, reducing the upfront capital required for each participant. An algorithm matches compatible co‑owners according to lifestyle and location preferences, and a built‑in marketplace allows owners to swap or sell their ownership stakes when circumstances change. A web dashboard provides transparent accounting, maintenance tracking, and real‑time equity statements, ensuring all parties have clear visibility into their investment. By digitizing the co‑ownership workflow, Rhome makes homeownership more accessible, portable, and manageable.
Target Audience
Primary users are first‑time homebuyers and younger professionals seeking a lower‑cost entry into homeownership, as well as investors or groups of friends/family looking to share residential assets and retain flexibility to move or sell their share.
Features
- Structured co‑ownership agreements that define ownership percentages, private bedroom assignments, and shared‑area responsibilities.
- Automated payment processing that splits mortgage, taxes, and maintenance costs proportionally among co‑owners.
- Integrated financing assistance and electronic deed generation to streamline the purchase closing.
- Matchmaking engine that connects users with compatible co‑owners based on budget, location, and lifestyle criteria.
- Swap/sell marketplace enabling owners to transfer or liquidate their equity share without disrupting the remaining co‑ownership.
- Centralized dashboard with real‑time equity tracking, expense reporting, and maintenance request management.
- Secure data handling with encryption and compliance with international property and financial regulations.
- Global property listings curated for co‑ownership suitability, including multi‑unit and single‑family homes.