Launching Summer 2008, Mwendo.com is an upcoming real estate listing service that transfers the majority of its listing fee to the new tenant/homebuyer as a cash reward.

The US Department of Justice (DOJ) encourages the offering of rewards and rebates as it fosters competition among real estate professionals and makes housing prices more affordable. The DOJ has actually created a website outlining its support of rebates and its efforts to prevent state legislatures from banning them.

Likewise, Mwendo believes consumers have the right to fair and affordably priced housing. Our patent pending system acts as a “living arrangement marketing platform” by serving as a centralized repository for real estate (residential and commercial), apartment, roommate, sublet, and vacation home listings. It combines the breadth, openness, and affordability of a general classified service with the functionality, quality, and capabilities of specialized real estate listing services.

Mwendo believes in “Individual & Institutional Equality” by creating a service that appeals to both individuals [i.e., landlords, for-sale-by-owners (FSBOs), roommate/sublet seekers, etc.] and institutions [real estate agencies, property management companies, etc.] alike. Individuals favoring our “Free to Fee” pricing structure can post property listings for free; however, a nominal fee is charged for each attached photograph. Moreover, prospective tenants/homebuyers appreciate the cash rewards for locating a property via our service. Institutions and professionals favor our “Pay-For-Performance” service fees; data standards compliance and bulk uploading options , flexible pricing and robust searching and sorting capabilities.

For a home that is not selling quickly, rather than lowering the price in the MLS which signals to the public some potential issues may exist with the property, a Realtor may utilize Mwendo's patent pending process to indicate a willingness to offer a percentage discount reward after closing. Mwendo then incorporates the discount amount into its listing fee. The Realtor can then sell the home at the full list price while Mwendo provides the cash amount to the homebuyer after closing. The homebuyer receives an 'effective' discount on the property and the percentage discount may be written off as a tax-deductible marketing expense by the Realtor.

In Swahili, 'mwendo' means to journey or to voyage. So as you begin your 'mwendo' for the perfect living arrangement, consider us as the primary guide in your search.