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Rental Management

Discount Brokers: Avoiding Adverse Selection Problems

Yesterday we discussed one of the original discount real estate brokerage businesses from the Dot Com 1.0 Bubble. To be fair, the founders probably came out well - a success story from a Y Combinator definition, because the founders...

High Resolution Pricing: Agents and Broker Edition

One of our Y Combinator batch mates from the summer of 2009 was a company called InstantQ, founded by Dana Levine and Jeff Shi. They were an early version of Groupon, allowing restaurants to fine tune pricing specific to...

Exclusive Apartment Listings with Full Address Take Priority

The RentHop HopScore takes into account over 100 parameters when ranking listings in our search results. While the formula is constantly changing, it is not a black box deep learning algorithm. Our team of engineers and real estate experts...

Open Listing == Crowd Sourcing

An Open Listing arrangement allows multiple brokers to compete with each other to find a suitable tenant to rent a vacant apartment. It works best in markets such as New York City, with a high volume of interested leads...

The 1 OR 1 Problem, No Fee, OP, and Net Effective Scams

Yesterday we gave a simple example of net effective price calculations. There is also a more in-depth explanation in our rental guide. In an ideal world, the net effective price is identical whether you approach a landlord or use...

Banning the Bad Brokers

We previously discussed why brokers are necessary in the New York City apartment rental scene - they make deals happen and save everyone a lot of time. Unfortunately, some bad brokers give everyone in the business a negative reputation....