We at Leaseze spent one year solving this challenge how to survive by offering a 100% free business model. We built the organization from the ground up to run with a lean and scalable architecture.
We will remain profitable at all times without charging Landlords any fees what-so-ever!
In fact, as we examine new features, we hesitate until the time we can use technology to our advantage to retain the 100% free model.
Unlike our competitors who have made the mistake with bloated operating expenditures, these firms hope that they can increase charges at some time in the future to survive.
Our system requires tenants to registers in the Tenant Portal. A landlord sends a invitation to each tenant through the move-in-tenant process. In all fairness to all landlord users, we ask that each landlord follow through with a tenant's registration.
We monitor this compliance.
Examples of other companies that survive with a free business model:
- Google docs
- Zoho CRM
- Wave accounting
- Medium
- Mint.com
- gotomeeting.com
This list above is validation a FREE business model can survive.