FIELD NOTES / SUNROOM LEASINGFROM RENTAL LISTINGS TO MOVE-IN CHORES$11M SERIES A / FEBRUARY 2021THE UTILITY SETUP TURN

Company / Real estate / Operations

Sunroom Leasing found the trouble after the listing

The Favor founders built a leasing operation around the chores a property listing leaves behind. Thousands of homes later, one of those chores became their next business.

A rental listing is a remarkably persuasive thing. It has photographs, a monthly price, perhaps a kitchen that makes your own look faintly apologetic. What it rarely has is a reliable answer to the next question: how do you actually get inside? Sunroom Leasing built around that awkward interval between seeing a home and securing it. Its founders had already worked on another interval, between ordering dinner and getting dinner delivered.

The story in four moves
  • The job: execute leasing, from property photos to lease paperwork.
  • The buyer: property managers and rental operators with work to delegate.
  • The catch: software convenience still required a physical operation.
  • The turn: a move-in chore became the founders’ next focus, Utility Profit.

The listing was only the invitation

Ben Doherty and Zac Maurais, the co-founders of Favor, brought an on-demand service sensibility to housing. Company records place Sunroom’s origins in 2017; public launch coverage appeared in 2018. The initial Austin product let renters browse homes, request tours and apply through one platform. Its touring network used licensed agents called Tour Guides. The name was cheerful. The logistical assignment was substantial.

In 2018, Built In described a reusable renter profile: upload pay stubs and rental history once, rather than assemble the same dossier for every property. That detail explains the appeal better than a photograph of a phone. Renting asks people to repeat themselves while waiting for other people. Sunroom tried to reduce both activities. It also treated browsing as something people might enjoy, with a picture-led interface borrowed from the founders’ delivery experience.

Sunroom co-founders sitting together at an outdoor table
Two founders, one more delivery problem. Zac Maurais and Ben Doherty in a launch-era photograph supplied by Sunroom to Built In.

The company’s argument was that a renter experiences one transaction, however many companies divide it into separate products. As Doherty told Inman in 2021, “the renter doesn’t see it as five different steps.” A search engine could introduce a tenant to a house. Sunroom wanted responsibility for the troublesome stretch that followed.

Somebody still has to install the sign

That responsibility extended beyond code. Sunroom’s agent-facing app described professional photography, yard signs, listings on MLS and Zillow, lead calls and texts, property showings, applications, security deposits and lease drafting. Later marketing added self-showing locks, tenant screening, pre-leasing, concessions and renewals. Its place in the market was a leasing-only brokerage joined to software: an operation that did the work a conventional software subscription left on the customer’s desk.

The customers were property managers, agents and larger rental operators, including REITs and build-to-rent businesses. They could hand over leasing while concentrating on owners and portfolio growth. Sunroom also offered branding under the agent’s own name. That mattered: outsourcing a chore is one thing; outsourcing the client relationship is another. A manager could keep the relationship and use a portal to show the owner what was happening.

Market comparisons gave that portal a second purpose. In a 2023 Property Management Mastermind interview, Sunroom’s Cody Frank described sharing comparable-rent reports when an owner needed to reconsider the asking price. The technology supplied evidence for an uncomfortable conversation. A dashboard cannot persuade every landlord, but it can replace “trust me” with something a landlord can inspect.

The first month pays for the machinery

Sunroom’s historical pricing tied the service to first-month rent. Frank described a typical range of 65-75%, with a 65% example, in that 2023 interview. The company’s pricing page said quotes varied by market and volume. These were leasing economics, with a fee attached to completing work, rather than merely granting access to software.

Illustration / historical 65% fee
$2,000monthly rent
× 0.65
$1,300leasing fee

Illustrative arithmetic, not a current quote. Compare the fee with the full cost of doing the same work internally.

For a manager, the comparison should include photography, advertising, staff time, travel and vacancy. A fee that looks expensive beside one employee’s hourly wage can look different beside the whole process. The calculation still depends on local conditions. Widely scattered properties require travel. An overpriced or unfinished home does not become desirable because an application form is elegant.

Investors backed the broader proposition. Sunroom raised an $11 million Series A in February 2021, led by Gigafund, to expand across Texas and develop its partner portal. Historical company marketing later described more than 5,000 homes across multiple states. Those figures establish that the business moved beyond a tidy idea on a whiteboard. They do not settle whether the model was the one its founders wanted to keep building.

Eight thousand homes, and a smaller question

In a March 2025 DoorGrow interview, Maurais put Sunroom’s footprint at roughly 8,000 homes at one point. He described challenges at that scale and the founders’ decision to pursue a more specific, scalable problem. The revealing part is the location of their next opportunity: the move-in checklist. Tenants still had to identify utility providers and prove that services were ready.

“It was like a good ride”Zac Maurais, reflecting on Sunroom’s leasing operation, March 2025

Utility Profit emerged from that work. A Sunroom partner FAQ describes utilities appearing inside the existing portal, with setup statuses and confirmation details. The current Utility Profit product sends reminders, shows address-specific options and tracks completion. Its basic setup tool is free to tenants and managers; qualifying service providers pay referrals, which the company shares with managers. Sunroom’s main website now redirects to it.

Utility setup illustration displaying completed internet and electricity and incomplete water and gas
The lights get a check mark. Utility Profit’s partner illustration makes an easily forgotten move-in chore visible.

Copy the diagnosis before the app

There is a practical lesson here for anyone running a service business. Follow a customer through the entire job. Count the repeated explanations, the waiting and the trips nobody enjoys. Then ask which interruption you can remove consistently. Sunroom’s distinction was its willingness to own the handoffs; its later direction suggests the value of choosing a narrower handoff to repeat.

That approach needs customers willing to delegate and people ready to handle exceptions. Automation can answer an inquiry; it cannot repair the home being advertised. The useful ambition is a measurable reduction in work. Sunroom’s story reaches its most interesting point when the founders decide which work deserves a company of its own.