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SM
Sean Mitchell
05/04/18
@ Y Combinator
Our first product, Upfront, guarantees landlords will lease their vacant apartments and allows tenants to lease from us in under 10 minutes.
Video
YC
Helping Landlords Find Tenants – Sean Mitchell of Rezi
@ Y Combinator
05/04/18
Related Takeaways
SM
Sean Mitchell
05/04/18
@ Y Combinator
We confirm if a unit is still vacant and then make an offer to rent it, often surprising landlords with our quick turnaround.
SM
Sean Mitchell
05/04/18
@ Y Combinator
During our time at Y Combinator, we pivoted to focus on eliminating the risk of vacancy for landlords, offering them a compelling solution.
SM
Sean Mitchell
05/04/18
@ Y Combinator
We realized that instead of just improving tenant screening, we could provide landlords with a guarantee that their units would never be vacant again.
SM
Sean Mitchell
05/04/18
@ Y Combinator
The biggest value we offer landlords is that we have skin in the game; if we misjudge the leasing timeline, we lose money, which aligns our interests with theirs.
SM
Sean Mitchell
05/04/18
@ Y Combinator
In our early days, we operated a cold-calling strategy, reaching out to landlords directly to understand their needs and offer our services.
SM
Sean Mitchell
05/04/18
@ Y Combinator
If we solve problems for landlords, the benefits often extend to tenants, leading to a smoother application process and better deals for them.
NB
Nate Blecharczyk
10/26/13
@ Y Combinator
We aimed to launch our improved service in three months, incorporating payments and reviews to enhance user experience, and we launched our service just weeks before a major event, listing 800 properties to help locals make extra money during the influx of visitors.
SM
Sean Mitchell
05/04/18
@ Y Combinator
We maintain transparency with landlords about pricing and relisting strategies, which helps build trust and solidifies our partnership.
BC
Brian Chesky
12/01/15
@ Greylock
After our initial launch, we didn't see immediate success and even explored creating a roommate matching website before pivoting back to Airbnb.