PARES AI: AI-native real estate services firm

PARES AI

AI-native real estate services firm

Active

https://www.pares.ai/

AI-native real estate services firm

PARES is an AI-native real estate services firm, providing investment sales brokerage, leasing, property management, and acquisition advisory to institutional and middle-market property owners and investors across the country. Real estate is an extremely labor-intensive business, often requiring scaling headcount to grow, being extremely local to submarkets, and operating on low margins. With AI, these services can be centralized and delivered better, faster, and at a fraction of the cost. AI-native brokerage: - Prospecting sellers through automated inbound and outbound outreach - Underwriting deals and producing marketing materials with speed and precision - Surfacing hidden buyers, running the marketing process, and negotiating contracts - Handling all back-office, accounting, and additional support AI-native property management: - Communicating with tenants and vendors around the clock - Screening leasing prospects, sending applications, and drafting leases - Collecting rents, making payments, and chasing delinquencies - Running accounting, payroll, and owner reporting Check us out at https://www.pares.ai/

Active Founders

Zihao Wang

Founder

Zihao is the Founder of PARES. Before PARES, Zihao ran a $500M+ real estate fund at Motiva Holdings and led 39 multifamily value-add and development projects across CA, NC, and FL. He also studied CS & AI at MIT, giving him expertise in both technology and real estate.

Zihao Wang

Founder

Company Launches

PARES AI - Helping Commercial Real Estate Brokers Find & Close More Deals

See original launch post

👋 Hey! I’m Zihao, founder of PARES AI.

🎯 TL;DR: I’m building the single AI platform commercial real estate brokers and investors need to source, track, underwrite, and market deals.

Our Launch Video:

https://www.youtube.com/watch?v=_LA9YHCv-js

❌ The Problem:

A few years ago, I dropped out of MIT to get into the commercial real estate industry. As an investor, I’ve been underwriting deals, managing assets, building relationships with brokers, and in the process, I realized something daunting ☠️… the amount of software brokers have to use to do their jobs is INSANE 😱! Some use up to 7 platforms 🤯!

Every day, brokers use a mix of CoStar, TruePeople, CRM, Excel Sheets, Constant Contact, Adobe/Canva, etc. to take a deal from start to finish. Juggling all this software leads to unorganized and inefficient workflows, missed follow-ups, and lost opportunities.

Commercial real estate brokers admit themselves to being the least tech savvy. Ironically, they’re expected to juggle the most amount of software!

✅ Our Solution:

We’re building the all-in-one solution for commercial real estate brokers.

With our platform, brokers can:

Automatically update real-time transaction data in our CRM
Create lists of target properties, skip-trace, and easily navigate outbound calls
Underwrite deals with our AI Underwriting Agent
Create OMs/BOVs in minutes with our AI Marketing Agent

👥 Team:

Zihao: Previously ran a $500M+ real estate fund at Motiva Holdings and led 39 multifamily value-add and development projects across CA, NC, and FL. Previously CS at MIT.

🙏 Our Ask:

If you know any commercial real estate brokers, please let us know!

Reach us at admin@pares.ai.