Recording of the Everything Marketplaces Group Chat #185 (3/11) with Matthew Woods, who’s the CEO of Apartment List. Apartment List is one of the largest marketplaces for apartment rentals. It's also been mentioned as one of the fastest-growing rental marketplaces and they've raised over $150M+ in capital from top investors.
0:05 Intro
1:02 Matthew's background
2:06 Joining Apartment List as the CEO
4:11 Early challenges with Apartment List
6:24 How Apartment List has built & scaled supply
8:28 How Apartment List works with apartment management companies
9:06 How Apartment List uses a matching experience for renters
11:29 Tips for founders on using an open search & discovery vs. matching experience
13:20 Challenges with Apartment List as a low frequency marketplace
15:27 How Apartment List has approached market expansion
17:57 The Apartment List team & org structure
20:02 How Apartment List is leveraging AI
23:50 Tips for founders building in real estate & housing
25:00 Group Q&A on using quizzes or questionnaires for matching
28:35 Group Q&A on how Apartment List monetizes based on success
30:35 Group Q&A on opportunities for Apartment List to add additional value to renters
33:52 Group Q&A on channels Apartment List uses to generate demand
35:49 Group Q&A on tips for partnerships
38:19 Parting marketplace advice
Matthew on Twitter/X: https://www.x.com/MatthewWoodsL3B
Matthew on LinkedIn: https://www.linkedin.com/in/matthew-w-woods
Apartment List: https://www.apartmentlist.com
Mike (Yoroomie) on Twitter/X: https://www.x.com/yoroomie
Mike (Yoroomie) on LinkedIn: https://www.linkedin.com/in/yoroomie
You can also find this group chat in audio format as an episode on our Everything Marketplaces podcast on Apple Podcasts and Spotify. You can also connect with marketplace founders & leaders from our group chats in the Everything Marketplaces community.