Even though the housing space market is full, it doesn’t mean there isn’t anything to improve in this business. Apartment List site already has 5 percent of America’s listings and has just raised a $30 million funding.
What is so special about Apartment List? The main advantage of the website is that they don’t charge the landlords for every post, instead, they just take a cut of the successful transactions.
Thanks to the new funding the startup is going to double the size of the engineering team and triple the size of the sales team. They also plan to introduce an Android application since now it is only available on iOS.
With the goal being to build a publicly traded multibillion-dollar company Apartment List still, has a long way to go but with previous successes and the newest founding they are prospering really well.