Transforming Rental Listings and Applications
Avenew is streamlining the rental experience. Our platform allows users to submit one application, which we verify completely. Businesses receive a complete package with all necessary paperwork already conducted, enabling them to make quick decisions and bypass administrative work.
"Streamlining apartment searches with a one-and-done application process, making rentals efficient for businesses and users."
All single and multi-family rental management companies, operators, and owners. The application process is targeted to millineals, gen z, and the next generation that expect app driven processes.
Your startup aims to solve the inefficiency and labor-intensive nature of traditional rental processes. It addresses lengthy paperwork, delayed decisions, repeated information provision, and streamlines the entire experience for both businesses and users.
The actuality of the problem is confirmed by the fact that most rental-seekers only apply to between 1-3 places due to effort required. And each application takes 24-72 hours for businesses to verify.
To become a unicorn startup in the rental listing industry, you need to prioritize technology and data as your major competitive weapons. Create an intuitive,
AI for data verification, Blockchain for secure transactions, Mobile tech for user-friendly app development.
Create a profile with essential information for verification. Post-verification, submit completed applications to property listings seamlessly.
Streamlines apartment hunting, saves application time for renters and verification work for businesses.
We estimate the market size for which our solution is designed in monetary terms as follows
Is our goal in the next 3 years
My key role is the Visionary, responsible for defining startup mission and executing long-term strategy.
Consider adding a Chief Marketing Officer for strategy and brand visibility, Chief Financial Officer for financial planning and a Head of Sales to drive revenue growth.
In addition to those you mentioned, other potential competitors might include Realtor.com, Trulia, Cozy.co and Propertyware. Consider also emerging tech-based real estate startups.
We eliminate hours wasted on rework by simplifying the tenant application process. We provide verified, ready-to-approve applications to businesses, handling verification and reference checks. Our data insights offer a competitive edge.
Subscription cost which includes ability to list units and recieve applications. Transactional cost for rent collection (0.50%). Addon costs for ads and preferred listings and benchmark data.
We're enhancing a multifaceted marketplace, features include unit listings and client-business chat interface. Users can easily apply for units and transact rent. The admin console enables businesses to list units, engage with prospects, and manage applications seamlessly.
Upon successfully developing our marketplace and onboarding a dedicated team for user support and verification, we report consistent revenue and initial user base. Our primary focus will be on enhancing the platform while scaling our growing user community.
Key metrics encompass platform unit count, completed applications tally, user application verification and completion timescales plus business reply speed. Pre-launch stage hinders current data collection.
Currently in our pre-revenue stage, we've strategically invested $300,000 into crucial areas like market research, consultation and development to solidify the foundation of our business.
Our company incorporated in
Delaware
Main risks could include privacy concerns with personal data, competition from similar platforms, changes in rental market conditions or regulatory environments affecting the demand for your service, and potential difficulties scaling the business if the verification process isn't automated enough.
$
300000
We raised investments
NewcrestImage Ventures, LLC owns 3000000 shares. Chintan Patel owns 3000000 shares.
$
1500000
Currently, we are raising investments
$
0
Estimated pre-investment valuation of the company
Product is a stepping stone for where we want to go. We want to become the source of truth for market rental data and develop technology so that businesses can use our market data to make meaningful business decisions from pricing units to gathering reports for real estate development.