VayStays

“2000 dollars on average, but we have properties all the way down to, we've done bookings as small as a hundred dollars total. And that includes everything, taxes, fees, cleaning fee, et cetera, all the way up to 45,000 dollars for five day stay.”

“Uber is selling, is helping connect people to commoditize products. So you don't care which car you go into, but we have people that are hell bent on finding a heated, A saltwater pool that's facing a certain direction for the home they're going to rent. So ev…”

“We've been able to, like, just from rolling out our products, bolt on ten million dollars in transaction volume, and we hope to bolt on a hundred million in the next couple months here.”

“In our first year we did a 100,000 dollars in transactions as like a test marketplace that we set up while we still had our full-time jobs. And then we've just about doubled the marketplace volume every year since then.”

“But right now we only represent five percent of their volume.”

“We recently raised a million and a half dollars to go after this SaaS concept and grow the marketplace out.”

“So we've just slapped on ten million dollars in transaction volume this month, simply by adjusting our products slightly and making it into a hosted solution for some of our users.”

“A few companies have approached us to buy our technology, buy our brand names for a couple million dollars and we've turned them down.”

“We take an eight and a half percent commission from the seller and then a commission from the traveler that just depends on the size of the booking volume. The percentage depends on the size of the booking. So if it's a very small transaction, say like a hundr…”

“The marketplace proudly is doing around Five million in transactions and we earn a commission of around 13% on every transaction we make.”

“So the actual average is 10 per property manager, but it's a 20,000 units total.”