THOMAS SCHUBERT
Founder & CEO
FAIRENTALS, INC.
Fairentals began with firsthand experience of the rental system. As a renter, Thomas experienced poor communication, questionable practices and conduct that exposed a much larger problem: renters can have remarkably little visibility into the history and practices of the landlords and property management companies controlling their homes, deposits and rental relationships.
There are responsible landlords and property managers. But when poor, unethical or potentially unlawful practices occur, renters can face a fragmented system of rules, agencies and remedies, with no single, clear layer of oversight providing the transparency they need before choosing whom to rent from.
Meanwhile, the renter is extensively evaluated — through credit reports, background checks, income verification and rental history.
That imbalance became the foundation for Fairentals: building technology, information and products designed to give renters greater visibility into the other side of the rental relationship.
If the industry can know the renter's history, we believe the renter should be able to know the industry's history too.