Magicbricks charging 2.5% extra on rent payments - ridiculous !!

226°
Critic
Budhe-Baba

2.5% fees y Magicbricks is completely rubbish. And on top of it, no good offer.

Earlier I used to think that Cred at 1.2% fees is high. Nobroker also charges 1.2%. But now MB has broken all records of stupidity at 2.5%.

Red giraffe requires not only rent agreement, but also proof of property ownership (which no landlord gives). So Red Giraffe is bad too.

What do you guys use for rent payments?

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Deal Cadet Deal Cadet
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I use Redgiraffe since last 7 years. I never uploaded any proof of ownership other than the registered rent agreement. They charge some amount less than 200 as the fee. 

Deal Cadet Deal Cadet
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You pay rent yourself for your own benefit, it is more ridiculous.(hypocrisy)
Deal Cadet Deal Cadet
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Noob question, but what's wrong with a simple UPI/bank transfer to the owner? 

Deal Subedar Deal Subedar
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People use rent payment channel to pay themselves, earn points/cashbacks and transfer money to Bank, earn interest and then pay credit on due date. In short money rotation
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Generous Generous
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But baba tumhara to pushtaini makaan hogaa azam ke zamaane kaa then why you need to pay rent? 

Yaa khud ko hee pay kiye jaa re ho ghapa ghap.

Critic Critic
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Kuch nahi hai mera khud ka. I have nothing pushtani. 1 tha chota sa 15 saal pehle, wo lut gaya. Uske baad I joined DD so that I can save 10-20 bucks.

Finance Ninja Finance Ninja
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Use "99Acres" - 1.17% charges and No Rent Agreement Required.

Generous Generous
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Redgirrafe 0.4% no need agrememt.. paying sincr 1 year.. 15k from 2 acc.. both acc is owner and renter
Deal Newbie Deal Newbie
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0% convenience fee if you upload the rental agreement. That's a great offer

Deal Cadet Deal Cadet
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For magic bricks..How the rental agreement should be framed? It should be with my name and owner name ? Anyhow I want to transfer to own account or to my wife account... so owner name must match in the transaction with the rental agreement? Will they really verify rental agreement then only relese the payment to Bank? 
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