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Ask HN: Would you ever use a group buying website for home rentals?
My startup Grosper.com is basically a groupon for home rentals. We tie up with real estate landlords and developers, to get users bulk pricing on home rentals. So if multiple rent at the same time, the price is lower than market price.
Would the readers here ever use such a service? If yes, why? If not, why? Comments please.
- anigbrowl 15y agoYes, I would seriously consider that - although I would want to think carefully about the division of group and individual terms, to ensure that individual renters did not get stiffed on things like maintenance and so forth (and likewise for the group to be legally insulated from the defaults of individuals who fall behind on the rent). I've been home-hunting in SF for going on 2 years now, and it's been a miserable experience. The rental market is not much better; a lot of the housing stock in SF is really shitty, and prices are being kept artificially high by irresponsible lenders and borrowers. This market is ripe for disruption and there is definitely room for alternative business models. What you're proposing sounds somewhat similar to housing associations I've seen in some European countries.
- GroupRefer 15y agoWell, the group aspect would only be applicable at the time of rent. Once the rental transaction has been completed, each tenant is treated as an individual. The group is not recognized separately as a legal entity. This is only for the purposes of better price and terms at the time of renting
- GGNH 15y agoI would, but I think it would be difficult to get a bunch of people to rent houses all at once unless you yourself are renting multiple. :)
- GroupRefer 15y agoYeah, that is the main issue. We have over 200 people moving houses a day in the city of Dubai, so that is something to consider.