Build a new product on Meta (Facebook) to find apartments.
- Whitney Chard
Clarifying questions:
- What do you mean by a new product? Would it be a different product altogether or add a new feature on Facebook?
- Is there any particular region to focus upon?
- Would it be a mobile app or for all platforms like mobile, desktop and so forth?
- What is the goal of adding apartments searching product/feature?
Assumptions:
- This would be an apartment search feature on facebook that allows house owners or brokers listing their properties and tenants to see the listing and connect with the owners.
- Given the penetration of the internet in the US, I will be focusing on the US and then it could be scaled across other countries.
- The Facebook Mobile app got millions of active users I think it’s prudent to launch a new feature with a mobile app.
- The goal is to diversify facebook across real estate vertical that helps increase customer engagement and it will tie with the ultimate mission of facebook “to bring the world close together”
Approach:
I will explore the kinds of the users that would find apartments feature and then will move in finding use cases. After that, I will prioritize and find the most pressing pain point that would closely link to fulfill the goal of increasing customer engagement on the mobile app.Then I will brainstorm the ideas that would address the needs of users.
Users:
There are two categories of users:
- House owners or brokers who would list their properties for selling or renting.
- Apartment finders who would like to see a listing with detailed descriptions and clear pictures.
- Recent graduates and moved into new cities and have no idea about the local real estate.
- 25- 30 years old age group who are newly married or have a family but like to buy or rent an apartment with the least hassle possible.
- Old age people or newly retired and like to buy a home at a quiet and tranquil place.
I will be focussing on recent graduates on the buying side because these are the people who face a serious problem when moved to a new place. They are foreign to tons of things while settling down in any big city
Use Cases:
- As a home finder, I would like to search for an apartment with minimum efforts involved i.e. want to see the search results as close as possible to my keywords.For instance, if I type top two bedrooms under $1k in New York City 5th avenue there won’t be a need to add a filter to get results.
- I would like to check a crime rate for my zip code to make sure that I would be moving in a safe region.
- I would like to communicate with the listing owner and accept a reply with as soon as possible.
- I would want a clear and real view for apartment including how big is the kitchen, restrooms and so forth.
- I would like to compare the listings across multiple data points like price, square footage, etc.
Among all of the pain points, the most serious problem is to get a real view of an apartment because most of the time pictures been edited and misinformed a buyer. If you are not able to physically go and check the place you ended up feeling cheated. Security ranking is also a big problem for potential residents if you’re not in very known locations for those you could check online but tI would add this in the roadmap and discuss in the second version.
Solutions:
- We could make a compulsory adding high definition video recording for all rooms, kitchen, etc. there are few sites have an option of video addition but that’s not compulsory.
- We could integrate a device like Nest that has an option to do a virtual tour with real-time cameras.
- We could use a Virtual Reality(VR) devices to give real house feel to the buyers having linked with VR glasses.
Recommendation:
I would recommend adding a high definition 3d video option to get real-time view of a property. The efforts involved is medium because it only requires handling storage capacity to store high-quality videos. We could have a rating system to rate the quality of video on scale 1 to 5.

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