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Jeremy Bernard, Founder and CEO of Tansler, discussed the launch of the vacation rentals marketplace on October 15 where renters can set their own price in 24-hour reverse auctions. On Tansler, renters can select multiple properties that meet their criteria and name their price to start a reverse auction that ends when the first host accepts the offer, or after 24 hours. All transactions on Tansler are binding for both renters and owners, and there is no cost for owners to list their properties. Listing properties on Tansler is also non-exclusive, so owners can list properties on other websites and with real estate brokers.The Tansler iPhone® app, available for download on the iTunes® store, also went live on Oct. 15 to enable renters and owners to view and complete bookings on-the-go.
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