Brokerage Partners with Anti-Slumlord Website

Citi Habitats recently became the first brokerage to partner with Rentlogic, a website that grades landlords on how they manage their properties. Launched earlier this year, Rentlogic is a database that gathers public information on complaints about issues like mold, water leaks, or construction noise for New York City multifamily properties and then uses an algorithm to give the building’s landlord a letter grade.

The idea behind the product is to make it easier for renters to identify bad landlords. The platform also doubles as a listings website, showing available apartments in graded buildings.

Under the partnership, the brokerage will send all its listings to Rentlogic, which then publishes those for buildings graded an A or B. The website will weed out those graded C or lower. Rentlogic doesn’t charge brokers or landlords, and instead hopes to ultimately sell its product to the city.

Topics