Client and Business Goal:
Aiming at unlocking more leasing opportunities for a wider audience at a short period, the client required an efficient platform to automate lease guarantee and deposit replacement routines. The service they had in place didn’t live up to their performance demands, so the client needed a reliable contractor to entrust the sophisticated tech revamping project.
The team helped build a custom web platform that facilitates client resolution process, reduces human staff workload, and mitigates the risks for landlords while assisting renters to access sensible accommodation opportunities. To automate leasing applications turnaround, the service offers the potential residents to get qualified by filling in a simple form and attaching the required docs. The procedure takes a few minutes, with resolution coming in as little as half an hour.
The entire scope of work was handled on the promise. Not only does the solution enable the hosts and users to get away with zero paperwork, but massively adds to the client’s bottom line. Namely, the year since the launch resulted in an annual average of $250M deposits replaced and rent guaranteed. The client’s business has also gained a tangible competitive edge providing 22 days faster list-to-lease.