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SM
Sean Mitchell
05/04/18
@ Y Combinator
Our tenant screening process evaluates rental history, credit, income, and employment status, focusing on factors that predict good tenancy.
Video
YC
Helping Landlords Find Tenants – Sean Mitchell of Rezi
@ Y Combinator
05/04/18
Related Takeaways
SM
Sean Mitchell
05/04/18
@ Y Combinator
We avoid evaluating irrelevant factors that don't relate to a tenant's ability to pay rent, reducing discrimination risks in our automated process.
SM
Sean Mitchell
05/04/18
@ Y Combinator
We take on two principal risks: vacancy risk and performance risk on the tenant side, which includes ensuring tenants pay their rent and are good tenants overall.
SM
Sean Mitchell
05/04/18
@ Y Combinator
We realized that instead of just improving tenant screening, we could provide landlords with a guarantee that their units would never be vacant again.
SM
Sean Mitchell
05/04/18
@ Y Combinator
If we solve problems for landlords, the benefits often extend to tenants, leading to a smoother application process and better deals for them.
SM
Sean Mitchell
05/04/18
@ Y Combinator
We provide landlords with insights on pricing and market trends, helping them understand how to maximize their rental income.
SM
Sean Mitchell
05/04/18
@ Y Combinator
Landlords do not have a say in the final tenant selection, which helps eliminate bias in the approval process.
YC
Y Combinator Cast
07/30/18
@ Y Combinator
Neighborly is an AI-based credit bureau that helps tenants build credit by paying rent, while providing landlords with a fair assessment of potential renters.
SM
Sean Mitchell
05/04/18
@ Y Combinator
Landlords face two main risks: vacancy risk, which includes lost income and carrying costs, and tenant-related risks such as non-payment or property damage.
SM
Sean Mitchell
05/04/18
@ Y Combinator
The application and search processes for rentals need to be elevated through technology, reducing human interaction to streamline experiences.