landlords

6 statements across 1 episodes · 1 bullish · 3 bearish · 1 people on the record · first statement May 4, 2018 by Sean Mitchell · across every show →

Everything said about landlords, oldest first

May 4, 2018 negative
Opinion
Mitchell: Real estate landlords are a notoriously nebulous customer segment for sales
“I think landlords are probably one of the more nebulous communities to figure out how to sell to.”
Sean Mitchell May 4, 2018 ▶ 10:18 Helping Landlords Find Tenants – Sean Mitchell of Rezi · Y Combinator
May 4, 2018 negative
Opinion
Mitchell: Existing landlord price discovery tools lack precision around specific property amenities
“Because, you know, the thing is, when you think about the resources that landlords have to kind of get price discovery you know, the tools are not very nuanced and precise. They don't provide the landlord insight.”
Sean Mitchell May 4, 2018 ▶ 8:59 Helping Landlords Find Tenants – Sean Mitchell of Rezi · Y Combinator
May 4, 2018
Insight
Mitchell: Landlords face two principal risks: vacancy costs and tenant defaults
“A landlord principally has two risks with a vacant property. A, the, you know, the vacancy risk itself. So the lost income and the carrying costs from owning that asset every single day. If they're not generating income, that's a loss. But then when they lease…”
Sean Mitchell May 4, 2018 ▶ 1:21 Helping Landlords Find Tenants – Sean Mitchell of Rezi · Y Combinator
May 4, 2018 negative
Insight
Mitchell: Traditional residential leasing agents bear zero financial downside for vacant units
“Frequently there are agents whether there be brokers or other parties who Don't have skin in the game. So, you know, the landlord who is effectively at risk of, you know, finding a bad tenant or not finding a tenant fast enough and losing money, they don't hav…”
Sean Mitchell May 4, 2018 ▶ 3:51 Helping Landlords Find Tenants – Sean Mitchell of Rezi · Y Combinator
May 4, 2018
Disclosure
Mitchell: Rezi advances landlords between $30,000 and $50,000 upfront per apartment unit
“Depending on, you know, depending on a given transaction, it could be anywhere from call it 30 to 50,000 dollars.”
Sean Mitchell May 4, 2018 ▶ 5:53 Helping Landlords Find Tenants – Sean Mitchell of Rezi · Y Combinator
May 4, 2018 positive
What-if
Mitchell: Rezi screens tenants better than independent landlords in 90% of cases
“We really try to balance this line between giving a great experience, but also verifying that we're screening, you know, I would say probably 90% of the cases we're Probably screening better than our landlord clients would have if they hadn't used this.”
Sean Mitchell May 4, 2018 ▶ 15:41 Helping Landlords Find Tenants – Sean Mitchell of Rezi · Y Combinator
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