Introduction
If Facebook were to build a product to help users find rental housing, it would be a significant expansion of their services into the real estate market. This product would leverage Facebook's vast user base and social networking capabilities to create a unique rental housing platform. I'll outline my approach to designing this product, focusing on user needs, market opportunities, and potential features.
Tip
Does this sound good? I'd like to confirm if this aligns with your expectations before we dive deeper.
Step 1
Clarifying Questions (3 minutes)
Why it matters: Helps frame the solution within Facebook's existing infrastructure and user base. Expected answer: Yes, it's a new product within Facebook's ecosystem. Impact on approach: Would leverage Facebook's existing user data and social graph.
Why it matters: Influences the scale and ambition of the proposed solution. Expected answer: Yes, we have significant resources at our disposal. Impact on approach: Can consider more complex, data-driven solutions.
Why it matters: Helps prioritize features and set realistic goals. Expected answer: No specific constraints, but looking for an MVP within 6 months. Impact on approach: Would focus on core features for initial launch, with a roadmap for future enhancements.
Why it matters: Informs our understanding of user behavior and preferences. Expected answer: Limited data from Facebook Marketplace housing listings. Impact on approach: Would need to conduct additional user research to validate assumptions.
Propose the Goal
Given Facebook's focus on connecting people and building communities, I believe the goal is to create a rental housing product that leverages social connections to make finding and securing rentals easier and more trustworthy. Does this align with your vision?
Define the Scope
Should we focus on long-term residential rentals for this product design challenge, or should we also consider short-term rentals and sublets?
Based on the answers, I'll assume we're focusing on long-term residential rentals within Facebook's ecosystem, leveraging existing user data and social connections. We'll aim for an MVP within 6 months, with a focus on core features that address key user pain points.
Subscribe to access the full answer
Monthly Plan
The perfect plan for PMs who are in the final leg of their interview preparation
$66.00 /month
- Access to 8,000+ PM Questions
- 10 AI resume reviews credits
- Access to company guides
- Basic email support
- Access to community Q&A
Yearly Plan
The ultimate plan for aspiring PMs, SPMs and those preparing for big-tech
- Everything in monthly plan
- Priority queue for AI resume review
- Monthly/Weekly newsletters
- Access to premium features
- Priority response to requested question