2. FINDING THE RIGHT ROOMMATES
• Encountering random roommates.
• Who’s the right person??
• No Creepers
Problem:
• Encountering roommates with bad hygiene
• Limited resources from travelling
• New to the Area
• Want to have a saying in choosing the roommates
3. MEET LYFE
AN APP, EASY STEPS TO FIND ROOMMATES
Fun
Real time updates and personalization of the page
Safe
Provide guarantors, check backgrounds and credit scores
Tracks all information
Personalize services from door to door
Have a designated person to help your search and to find the perfect space to live
4. HOW DOES IT WORK
EASY STEPS AND INSTRUCTIONS
1. Register using FB login or Personalize Login
2. Upload your information: Rentee, Renter or Guaranteed Renter, Guaranteed Rentee
3. Personalize your page: Hobbies, Likes, Traveling, Eating
4. Renter/ Rentee: Put area of the house or an apartment, cost and your face picture
(making sure not a robot)
5. Search areas that you want to find roommates or not shared place
6. Swipe left to disagree or Swipe Right to Agree (Only if you want to be private)
7. Receiving notifications: Both parties can accept of decline
8. Also have an option to put on public platform where swiping left or right is not needed
9. Accept the request or find the area and start checking out places
10. Can ask us for assistance, such as go to place together, or when signing the lease
5. PRIVATE AND PUBLIC????
Private
Users have an option to put the listing on private, so they feel more secure
Until the opposite party has accepted the request only price and their faces be visible
After agreeing to the request locations and their likes be visible
Public
Will be based off google map and live GPS built in system
Users are able enable the GPS to roam the area to find pop up icons in the map to see
who are publicly enlisted
They can reach out to these enlisting by sending out built in messaging systems
Guarantor and No Gurantors
Payments will be guaranteed or payments can possibly not be on time
6. OUR END
COMPANY’S DUTY
Accompanies and the Target Market
• Students and Travellers
• New Yorkers and Yuppies
• Real Estate Agents (only if they want to place an ad or a rent) Must have
negotiable agent fees
Software
Real time update is done automatically through the app, by building in real time
updating software.
Built in GPS will continuously update location Rentees and Renters.
Security
Payment is done through the company or through an agent that works for the
company.
Ask for SSN, birthdate, location of address for the background check.
The app will be SSL security encrypted if done through online.
Everything approved the move is ready.
Services
Signing liability issues and insurance papers
Provide daily emails to notify potential matches or locations roaming.
9 AM -5 PM call services, inquiries, problems, or any other trifling ideas.
7. ANALYSIS OF THE MARKET
Competitors
Many competitors are on web based platform i.e. Roomster, Roommate Matches
Very few user experience similar to our platform i.e. Symbi
Does not extensively help roommate search unless it is a broker or roommate searching company
Revenue
Ad placements by real estate brokers, and different companies and businesses.
Membership fee for gold members (Full services from finding a place to closing the deal)
Growing Trend
Living with Roommates is now 32% nationwide in 2012, up from 26% in 2000, according to Zillow's analysis
of the latest Census Bureau data
Difficulties
Maintaining the users, Proper deals between Rentees and Renters, Huge untapped market
8. GROWING TREND: NYC
Start
Located in NYC
Have MVP to test 1000 people with the
app
Requesting
R&D 1st MVP: $10,000
Marketing: $6,000
Total: $16,000
For Future
Rest of the money will be used for
Beta testing and for the launch in the app
store
