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Company focus

Better
Product Improvement Hard Member-only

How might Better enhance its real estate agent matching service to better connect homebuyers with the right professionals?

Prepared by NextSprints

15 mins
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User Journey Mapping Feature Prioritization Metrics Analysis Real Estate FinTech PropTech User Experience Product Improvement Real Estate Tech Customer Satisfaction Matchmaking Algorithms
Product Management Improvement Question: Enhancing real estate agent matching service for Better

Introduction

To enhance Better's real estate agent matching service and improve connections between homebuyers and the right professionals, we need to dive deep into the current user experience, identify pain points, and develop innovative solutions. I'll approach this challenge by first clarifying our understanding of the product, then analyzing user segments and their journey, before proposing and evaluating potential improvements.

Step 1

Clarifying Questions (5 mins)

  • Looking at the product context, I'm thinking Better's agent matching service might be at a critical growth stage where user needs are evolving. Could you help me understand where we are in the product lifecycle and what metrics are driving this improvement initiative?

Why it matters: Determines if we optimize for scale vs. feature expansion Expected answer: Mid-growth phase with rising customer acquisition costs Impact on approach: Would focus on retention and optimization over new features

  • Considering user behavior, I'm curious about the cross-platform usage patterns. How do users typically interact with the agent matching service across web and mobile platforms, and are there any significant differences in engagement or conversion rates?

Why it matters: Informs whether we need to prioritize specific platforms or create a more unified experience Expected answer: Higher engagement on mobile, but higher conversion on web Impact on approach: May lead to focusing on mobile-first improvements with seamless handoff to web for final steps

  • Regarding pain points and market position, I'm wondering about the core problems Better's agent matching service solves compared to traditional methods or competitors. What are the key differentiators, and where do users report the most friction in the current process?

Why it matters: Helps identify areas where we can further leverage our strengths or address weaknesses Expected answer: Quick matching and data-driven recommendations are strengths, but users struggle with agent communication and follow-up Impact on approach: Would prioritize solutions that enhance communication and relationship-building features

  • Considering company alignment, I'd like to understand how this improvement initiative fits into Better's broader objectives. Are there specific data-driven goals or KPIs we're aiming to impact with these enhancements?

Why it matters: Ensures our solutions align with overall company strategy and measurable outcomes Expected answer: Aiming to increase agent-buyer match rate by 20% and improve customer satisfaction scores Impact on approach: Would focus on solutions that directly impact these metrics, potentially prioritizing match quality and user feedback mechanisms

Tip

At this point, you can ask interviewer to take a 1-minute break to organize your thoughts before diving into the next step.

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Updated Jan 22, 2025