At Latchel we understand that renters today expect better service, more perks and faster maintenance than most property managers can afford to provide. Latchel is a software platform that enables property managers to be more responsive and offer better perks while also creating a new revenue stream so property managers don't have to choose between happy tenants and a healthy bottom line.
We currently have 7 engineers and an interim manager. We are looking for a more permanent leader that will advocate for the team while driving the company forward. Learn more and apply at https://latchel.com/jobs/engineering-manager/ Latchel is a Y Combinator (W19) company, post Series A (led by F-Prime) with participation from Metaprop, 1984 Ventures, Bain Capital Ventures and more. Additional roles (primarily sales) are available here: https://latchel.com/careers/
And found an answer.
b) property managers can't afford this service. Property owners can--but there aren't that many people or corporations that own hundreds or thousands of units in the single family rental space. It makes distribution and scaling particularly challenging unless you target third party managers. Your average rental property owner in the US rents out fewer than 2 units.
Our customers are almost entirely third party managers, not the property owners. Property management generally gets a bad rap, but the truth is, these are extremely low margin businesses. They have this great pain where they want to provide good service to renters and owners, but they simply don't have the resources to do so. Our current business model is the best vehicle we've found to be able to deliver 4.8/5.0 star maintenance service to renters (and getting better). We want to make it easier for property managers to deliver great service. The feedback we get from the hundreds of thousands of renters on our platform makes me feel like we are providing a valuable service. I, for one, would rather rent in a place that has a program in place that ensures my maintenance calls are answered and will offer specific guarantees for service.