Rezi, the pioneer of the iRenter industry, has kicked off its U.S. expansion with the launch into the Miami market. Operating successfully in New York since 2018, the proprietary AI-powered service enables landlords to lease their residential properties directly to Rezi at higher-than-average net effective rent prices.
“Miami’s rental market is booming, and we are excited to partner with local rental property owners to deliver a world-class leasing experience for tenants, while driving strong financial results for our owner partners.” said Sean Mitchell, co-founder and CEO of Rezi. “Rezi is committed to investing $75 million in master leases before the end of the year and this Miami launch is a key step towards that goal.”
By leasing an apartment to Rezi versus leasing directly to traditional tenants, rental property owners can dramatically reduce vacancy and credit costs while simultaneously simplifying the leasing process for 1, 10, or even 200 units at a time, the company said. Likewise, by managing the entire process from listing to lease-signing, Rezi empowers property owners to eliminate leasing costs, vacancy downtime and credit costs, while increasing net operating income across their entire real estate portfolio.
From contactless tours to instant application decisions and digital leases, Rezi’s online platform turns what is typically a two- to four-week leasing process into a five-minute online experience. Renters can schedule tours online 24/7 for a time that fits their schedule, self-tour units they’re interested in a completely contactless manner; apply and get qualified for apartments in as little as 5 minutes and sign their lease and pay their rent and security deposit entirely online.
