Assertion certainty 5/5 debate potential 1/5

Mitchell: Every single landlord Rezi has ever engaged with negotiates on pricing

Sean Mitchell · Helping Landlords Find Tenants – Sean Mitchell of Rezi · Y Combinator · May 4, 2018 · at 26:13

Sean Mitchell, co-founder and CEO of residential leasing platform Rezi, describes landlord sales dynamics and negotiations.

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“Well, I mean, we say, you know, I mean, there's no landlord that we've ever engaged with that doesn't negotiate. They always want to.”

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More from Sean Mitchell

Insight
Mitchell: Algorithmic tenant screening reduces housing discrimination and prevents false applicant rejections
“And I think the fact that it's, you know an automated and algorithmic process really reduces the potential for discrimination reduces the potential for you know, not approving tenants who are you know, viable and potentially great tenants.”
Sean Mitchell May 4, 2018 ▶ 14:05 Helping Landlords Find Tenants – Sean Mitchell of Rezi · Y Combinator
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Mitchell: Rezi screens tenants better than independent landlords in 90% of cases
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Sean Mitchell May 4, 2018 ▶ 15:41 Helping Landlords Find Tenants – Sean Mitchell of Rezi · Y Combinator
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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
Opinion
Mitchell: Existing landlord price discovery tools lack precision around specific property amenities
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Sean Mitchell May 4, 2018 ▶ 8:59 Helping Landlords Find Tenants – Sean Mitchell of Rezi · Y Combinator
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
Disclosure
Mitchell: Rezi uses structured debt rather than venture equity to fund receivables
“When we went to our VCs, we said, you know, pretty clearly we're, our intent is not to use the majority of the capital that we raise from you for funding these receivables. Our intent is to you know, create this financing solution that allows us to do it.”
Sean Mitchell May 4, 2018 ▶ 23:04 Helping Landlords Find Tenants – Sean Mitchell of Rezi · Y Combinator
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