Make Money from Your Unused Stuff 6/12/2009 7:54:25 AM



There are many possible reasons for renting instead of buying, such as temporary need for an item, reducing financial risk and not to mention cheaper alternative to buying. It is considered a green alternative to owning a lot of stuff. Also, by renting unused items to other users, people are able to earn extra income while reducing consumption, thus saving natural resources and connecting people in local communities.

Zilok is a website where anybody can offer for rent anything they're not using. The idea is to connect people who live close to each other like Tobias Kunz and Manuela Bastos in New York. He uses his camera only on vacation. She needed a good camera just for one day for a party. He made $42. She saved a bundle.

This line marketplace that allows individuals and professionals to list any kind of items for rent, so that anyone can rent them. It shows listings of all the items for rent in a given location along with their price, conditions and available dates, conveniently mapped around the location of the user. Zilok is currently the only website that provides this kind of online service for locating anything that you want to rent.

For any rental transaction, whether online or in the real world, a rental contract, or agreement, is established between the owner and the renter to confirm the deal and its conditions. This contract is available for display within the description of the items listed for rent. The consequences of an incident are governed by this contract and of course by any legislation that is in effect. Zilok also provides a standard contract that individuals are free to use, that includes all the essential clauses of a classic rental agreement. In case of loss or damage of the rented item, the clauses regarding the security deposit are particularly helpful to resolve the issue.

Additionally 3 elements get evaluated for every completed transaction, in order to enable trust and confidence within the Zilok community:

  • The owner who has posted his item for rent
  • The renter who has rented the item
  • The quality and description accuracy of the rented item

This triple evaluation is very important  and the site is designed to make it easy for members to quickly give an evaluation of their rental transactions.
The product description page will display these evaluations, and the profile page of each member will show their evaluations as a renter and/or an owner.

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