Rentgrata connects prospective renters with current residents of apartment communities so that prospects can ask questions and get feedback from their peers. If a prospect chats with the resident on Rentgrata and ends up signing a lease, both the prospect and the current resident get a reward. It’s a modern take on traditional referral programs that are offered by apartment communities. In my conversation with Co-Founder and COO, Sam McArtor, he shares some current metrics, as well as the pivot they experienced along their startup journey. He also shares how the conversion rates they have seen with their platform have helped them in the sales process and how they use pilot programs to expand to more properties.
Topics in this episode
Providing information that a prospective renter can’t find elsewhere
The positions they hired for after completing a round of funding
Creating conversion rates that are ten times the traditional methods
Other verticals they may expand into in the future
Why they are first-to-market and do not have direct competitors in their space
The pivot they underwent from their first idea, to what Rentgrata is now
Managing a pilot program with a property manager and converting that to an expansion of their full portfolio
Using AI to provide feedback to property management
Contact Info
Website: https://www.rentgrata.com/
Email: sam@rentgrata.com