For my company, I’m working on a service that connects landlords with pre-screened, qualified renters faster than traditional methods and at a lower cost.
Renters apply through our platform and we run a full credit, background, and eviction check before they ever contact you.
When landlords see a renter you like, we give them 20% of their first months rent at lease signing to remove the financial friction that causes good tenants to delay or back out. We want to incentivize them to choose your property ASAP! Who doesn’t love cheaper rent!
For our work, landlords pay us just 35% of first month’s rent ($630 on an $1,800/month unit), split into two easy payments of $315 for two months.
That’s $270 less than a traditional placement service or agent, and your unit fills faster, and you only work with renters who’ve already been vetted. Bad tenants can be a pain, but so are vacancies, sr we need to fill them fast with quality.
I like our new direction of being cheaper than a RE agent , as they make things expensive! Thoughts?
We are in a $2M seed round and look to proceed soon
Seeking advice, trying to make renting finally affordable + help landlords fill vacancies faster
byu/AlphaHouston1 inEntrepreneur
Posted by AlphaHouston1
2 Comments
your pitch is clear but the gap is proof, because landlords don’t switch for cheaper as they switch for faster fill and better tenants so you need to show time-to-fill reduction and default rates not just pricing
man vacancies are the absolute worst. nothing kills the vibe faster than a unit sitting empty while ur still paying the mortgage and bills. love the idea of pre-screening people before they even hit the door cuz the amount of time spent on ghosters is insane lol. hope this takes off honestly