Earlier quoted context omitted.
Why did you pay him on willy nilly days instead of just setting up a recurring standing order and being done with it?
Why does this matter if all parties involved were satisfied with the arrangement?
We replaced rental brokers with software and filled 200 vacant apartments
361–370 of 593 posts
Re: We replaced rental brokers with software and filled 200 vacant apartments
#362Caretaker: The redfin of brokers. Take all the value for themselves freeze out the brokers (who provide a service but are universally disdained). Ride that wave of positive news for a couples years. Eventually everyone will hate the fraction of the market Caretaker has as they raise prices to make investors happy and people realize there are problems. It's like the same idea of Uber and Lyft. Less human involvement =…
Uber and Lyft are great as long as we don’t think about the drivers they’re exploiting.
Re: We replaced rental brokers with software and filled 200 vacant apartments
#363Re: We replaced rental brokers with software and filled 200 vacant apartments
#364Earlier quoted context omitted.
So charge per application, with the money going towards first month's rent, if successful.
That’s how it usually works
Re: We replaced rental brokers with software and filled 200 vacant apartments
#365Earlier quoted context omitted.
> It is now cheaper for the average person to get a ride to an airport/bar than it was before. On average, in certain locations. In others, not so much. And let's not forget surge pricing. Or people living, or wanting to get to a place, along low-profit routes. Or people with disabilities. > more predictable with pricing Depends. Regular taxis tended to cost a bit more, but had much lower variance. > Uber drivers mak…
> On average, in certain locations. In others, not so much. And let's not forget surge pricing. Or people living, or wanting to get to a place, along low-profit routes. Or people with disabilities. You can always take a regular cab. Low profit routes were pretty much impossible to get pre-Uber. I am almost certain that Uber is more likely to obey disability laws than "Joe's taxi" with a few cars. > Depends. Regular t…
In cities, that's absurd - car services existed for decades serving just this part of the market, and they let you schedule in advance!
In the suburbs and exurbs, probably less so, but this is where everyone has a car as a prerequisite for living in a house with a multi-car garage.
Re: We replaced rental brokers with software and filled 200 vacant apartments
#366How will this system work for those - who do not have a smart phone, - who do not have a smart phone with Biometric identity verification, - who do not have a credit card to provide? If I was landlord, I would definitely what to automate everything. But, this feels like it would exclude people who cannot fulfill all of the above.
Re: We replaced rental brokers with software and filled 200 vacant apartments
#367Caretaker: The redfin of brokers. Take all the value for themselves freeze out the brokers (who provide a service but are universally disdained). Ride that wave of positive news for a couples years. Eventually everyone will hate the fraction of the market Caretaker has as they raise prices to make investors happy and people realize there are problems. It's like the same idea of Uber and Lyft. Less human involvement =…
as a student in boston where brokers take 1 month rent for doing exactly *nothing*, i welcome the idea of automating away these leaches. edit: fb marketplace might get the brokers first, most of my friends found their places via landlords posting there
Both are parasitic entities that cause more harm to end users than benefits. The problem is that they control the information flow and supported by governments, hence we cannot eliminate them completely but can try to keep them at the bay using technology we can control
Re: We replaced rental brokers with software and filled 200 vacant apartments
#368Would love something like this to kill (or at least severely maim) the broker industry in NYC. 0 value added at the cost of 10-15% of yearly rent.
Re: We replaced rental brokers with software and filled 200 vacant apartments
#369Earlier quoted context omitted.
It doesn't seem that crazy to me. They say: > We were able to prove that we could make the financials work so long as we were able to fill the apartment within around 45 days of taking it over. They're prescreening apartments/leases so they're not going to take on an apartment they can't turn around in a month. And honestly, modeling NYC rental supply and demand according to a number of factors (neighborhood, price,…
"Why would they ever say no to a qualified tenant?" I agree with the rest of your comment, but in my experience landlords in hot markets can be pretty capricious. If they know they'll have a steady stream of applicants, many will definitely reject qualified tenants based on personal whims or to hold out for someone they see as "more" qualified or more likely to stay long term. That said, as long as the apartment stil…
Re: We replaced rental brokers with software and filled 200 vacant apartments
#370I recently moved house. I was previously living with my friend, and we had an agreement I pay sometime before the end of the month. He gave me a contract and said you'll need this, just because when you go to the next place they will ask you for your previous contract. He found it online, it was boiler plate and we agreed verbally I pay him whenever during the month. We we're really good friends, and I lived there fo…
It may not have covered this example, but it's a good reminder of the reasons why this kind of legislation exists.
https://ec.europa.eu/info/law/law-topic/data-protection/refo...
(edit - grammar)