Rent Rebate

Redfin for residential leasing. We are the renters advocate.


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Quick Pitch

43% of US residents rent a place to live. Until now renters needs have largely been ignored. We are the renters advocate. We built a mobile platform for renters to easily find the best deal on an apartment for rent. Currently, Internet listing services (ILS) and classified listing services (CLS) provide listing information on available properties, however the information on those sites is extremely bad. The reason the information is bad and will always be bad is because the current ILS/CLS business model doesn't put the user first. Our company has EVERY rental on the market on a non exclusive basis, so the consumer actually gets the whole spectrum of what’s available to rent. Our customers/renters can use our free consultants to make the rental process seamless and easy by providing different levels of service. Not only are our service free but because of our model we can also give a $20 - $10,000 "Rent Rebate" to every renter that uses our service as an added bonus. We offer absolutely the best user experience, what’s not to love?

Our Market

Product/Service Details

Almost 90% of all real estate searches start online; 60% of those start on Classified Listing Services (CLS) such as Craigslist while the balance search for rentals on Internet Listing Services (ILS) such as Zillow, Trulia, and Hotpads.  The problem is that not even one of those sites has the correct data that the end users (people who are looking for a residential rental) can use. So the renters are forced to use multiple websites, and other resources to find an apartment. On CLS’s and ILS’s the data is not only inaccurate its also not easy to use, has delayed information, incorrect or no addresses for properties, prone to danger and fraud, and even more.  This problem lies in the fact that the end user of the content is not the CLS’ or ILS’ customer, their customer is the data provider (Broker, Agent, and Landlords).  The business model each of those CLS’s and ILS’s will always cause their content to be inaccurate because since they sites dont own they're data, they are solely realying on the information from their data providers. Their data provider have no interest in updating or keeping the information current because quite simply the more lsitings they post the better the chaces they can "catch" a potential renter in roder to get them into one of their rental units, not quite unlike a bait and switch. Our business model creates the solution that the industry needs, it’s simple, sleek, easy to use, with no chance for fraud, with timely accurate information, because the renters/users are our customers. And since we own our data we can ensure that our listings are complete, correct, safe and only serve the best interest of the user/renter.

There is not one single company in the country that caters exclusively to the needs of the tenants. We are an easier, faster, better way for people to find a place to rent.

Traction & Accomplishments

Our current vendors/clients include most of the largest national REITS and landlords such as:

  • UDR
  • Pinnacle
  • Lincoln Property Company
  • Westdale Real Estate
  • Berkshire Property Advisors
  • Riverstone Residential
  • Bell Partners
  • ConAm Management
  • Fairfield Residential
  • Milestone Management
  • Village Green
  • Capstone Real Estate Services
  • Sentinel real Estate
  • AMLI
  • Wood Partners
  • Forest City
  • Gables
  • Inland
  • Post Properties
  • Power Properties
  • Trammell Crow
  • CWS
  • Windsor Communities
  • Alliance
  • IMT
  • Greystar
  • Finger Companies
  • Equity Residential
  • Behringer Harvard
  • Camden

How We're Different

Our Pay-Per-Performance model has been tested, it works, and our customers love it, now it’s time for us to be the tenants advocate. We built a mobile platform for renters to easily find the best deal on an apartment for rent and our physical office has already grossed over $5 Million. All of the companies you have heard about from Trulia and Zillow to Re/Max and Keller Williams cater to the needs of buyers and sellers. Even though most brick and mortar residential real estate offices can perform lease transactions they shy away from them. The reason traditional real estate offices don’t want to work with renters is because lease transactions don’t pay as well, they don’t promote “Realtor Ego”, they are a complicated pay structure, and they involve collections which most real estate offices don’t have set up. The dot com’s like Zillow and Trulia have rental data but that's where they stop, their model sells advertising space to buyer/seller brokers who want promote their listings and/or promote themselves. Did you know that neither Zillow nor Trulia offer any service for charge on their rental side? It’s all free, no advertising product is even available not one single product offering for their rentals. The dot com’s don’t see a way to monetize from the rentals, so they just don’t care. 

Team

Arthur Greenstein - Founder / CEO

Currently on the Board of Directors of the National Association of Apartment Locators. Fifteen years in this market space. 


I currently sit on the board of director of the National Association of Apartment Locators and I'm also the owner of Uptown Locators which is the market leader in the apartment locating brokerage industry. Though I am most known for my experience in the world of multifamily real estate I have personal experience in every facet of real estate from development, brokerage and management, in residential, multifamily, retail, and office projects. My real estate career began in Fort Worth, Texas with NAI / Stoneleigh, Huff, Brous, McDowell (NAI), the biggest name in commercial real estate in Tarrant County. After quickly making a name for myself at NAI, I wanted to grow my experience in real estate in a different direction and I joined Mohr Partners in Dallas, Texas. Mohr Partners is the strongest corporate tenant representation company in the United States. At Mohr I worked directly with the CEO Bob Mohr. Mohr’s client list included Toshiba, Fujitsu, Hughes Supply, Central Mutual Insurance, Great West Life, Hanjin Shipping, and Lockheed Support Systems among many others. The business experience I gained from my time at Mohr encouraged me to launch Uptown Locators, which one of the most successful rental locating firms in Dallas. Providing planning, consulting, leasing services in addition to full-service brokerage, Uptown Locators turned into a multi-million-dollar rental locating firm that is changing the way people find residential real estate to rent. In times when others may have chosen to be all things to all clients, I decided to focus and make a commitment to specifically work with tenants and enhance their real estate experience; this has aided my clients in making wise real estate choices that will allow them to grow a successful and prepare them for down the road decisions in eventually purchasing property. I have proven myself to be an innovator in streamlining Uptown Locators and conducting negotiations in the best interests of the clients while continuously implementing the latest technology and the highest quality of service available in the marketplace.


Robert A. Mohr - Board of Directors

 


Robert “Bob” Mohr is the Chairman and CEO of Mohr Partners, Inc., one of the largest Corporate Real Estate Advisory firms in the United States. Mohr Partners has 20 national offices and over 300 associates, and through its strategic alliance partners provides corporate real estate services globally. Mohr Partners is a unique leader in managing all aspects of commercial real estate portfolios for corporate users. Mohr provides web-based software, strategic planning, economic development assistance, construction management and financing in addition to full transaction and brokerage services. Bob is also the founder of Mohr Capital, a specialized corporate real estate group that provides corporate users a single source – a custom solution for capital, development and sophisticated real estate financing needs. Mohr Capital assists clients whether they require a complete strategic plan or need help in developing one site to reach their goals with predictable results. Services include development, acquisition and various financing services as well as strategic and asset management programs.


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