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Spotlight Realty

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Spotlight Realty

AI powered brokerage reducing residential rental commissions in NYC…

spotlight.realty
HQ: New York, NY, USA
1-10
Real Estate and Construction

Company research

Public company, workplace, funding, and market signals

Updated Jul 30, 2026

Overview

Spotlight Realty is a Y Combinator-backed, AI-powered residential brokerage for NYC and Long Island that automates listing, tenant/buyer inquiry handling, scheduling, screening, document generation, and closing while keeping human agents in the loop. It markets lower commissions for sellers and landlords, plus landlord-focused AI workflows and multi-platform syndication.

Primary product

AI-powered residential brokerage and rental leasing platform

Founded

2025

Headquarters

New York, New York, United States

Team size

1-10

Work style

Flexible

Industry

Real Estate

Sub-industry

AI-powered residential brokerage / proptech

Offices

New York, New York, United States
Long Island, New York, United States

Business model

Residential brokerage commissions
Enterprise software licensing
Affiliate referral fees

Funding

Stage

pre-seed

Total raised

$625K

Latest round

Pre-Seed · Oct 2025

Latest amount

$500K

Pre-Seed

Oct 2025 · Y Combinator

$500K

Seed

Aug 2025

$125K

People & investors

Leadership

Raymond Allie

CEO & Co-Founder

Jake Phelan

CTO & Co-Founder

Aryan Sharma

COO & Co-Founder

Bono Ho

Director of Sales And Business Development

Founders

Jacob Phelan

CTO & Co-Founder

Investors

Skarlo
Stephen Cole
Y Combinator

Work & culture

Public messaging emphasizes trust, transparency, and results, with AI used to remove busywork but human agents available 24/7. The team presents itself as builders, engineers, and entrepreneurs with Cornell ties.

Work style

Flexible

Compensation

Publicly listed tour-assistant roles pay $30-$60 per hour based on performance and allow complete schedule flexibility. Other postings mention competitive compensation, performance upside, and flexible/hybrid work, but no broad salary bands or equity policy are publicly stated.

Benefits

$30-$60/hr pay for property tour assistants
Complete schedule flexibility for property tour assistants
No real estate license required for property tour assistants
Competitive compensation
Performance upside
Flexible/hybrid work for some roles
Remote roles available

Product & market

Pricing

4% commission on rentals, 1.5% commission on sales, with customized pricing for enterprise clients

Differentiators

  • —AI handles inquiry response, scheduling, screening, and application workflows 24/7
  • —Human agents and lawyers remain available for support
  • —Lower commissions than traditional brokerage models
  • —Free photography, 3D virtual tours, and home staging for sellers
  • —Multi-platform distribution across MLS and major portals
  • —Plaid-based tenant screening and document review
  • —Targeted social ad syndication for landlord listings
  • —Landlord dashboard with analytics, emails, and call logs
  • —Enterprise licensing for property managers and landlords

Technology

AI agent workflows
MLS syndication
Zillow
StreetEasy
Realtor.com
Plaid
Matterport
Facebook ads
Instagram ads
Email
SMS
E-signatures
Calendly

Customers

Landlords
Property managers
Property owners
Home sellers
Homeowners

Competitors

Zillow
StreetEasy
Realtor.com
Compass
Corcoran
Openigloo
Purplebricks
Redfin

Scale & contact

support@spotlight.realty1 917-396-2937

Signals & risks

Other
Aug 2025

NYC’s broker fee ban and resulting rental-market volatility created the market opening Spotlight Realty targets; the company pivoted toward rentals in response, which adds regulatory and competitive risk to the model.

Source

Latest news

Spotlight Realty: Funding, Team & Investors

Startup Intros · Jul 2026

Profile page summarizing founders, funding history, and investor names for Spotlight Realty.

Spotlight Realty Launches: The AI Real Estate Rental Agent

Fondo · Feb 2026

Startup-launch writeup summarizing Spotlight Realty’s AI rental workflow, landlord dashboard, lower commissions, and founding team.

Spotlight Realty: Can AI and low fees disrupt NYC rentals?

The Real Deal via LinkedIn · Sep 2025

The Real Deal highlighted Spotlight Realty as a new entrant targeting landlords after NYC’s broker fee ban, betting on AI and discounted commissions to win rental business.

Can New Players Infiltrate NYC's Rental Industry Post-FARE Act?

The Real Deal · Aug 2025

Profiles Spotlight Realty’s pivot into rentals after the FARE Act, its 4% commission model, and its use of automation to handle inquiries, scheduling, and applications.

Spotlight Realty accepted into Y Combinator’s Summer 2025 batch

LinkedIn · Jun 2025

Official company announcement that Spotlight Realty joined Y Combinator Summer 2025 and positioned the product as a lower-cost, AI-assisted real estate platform.

AboutAffiliate ProgramApply / CareersEnterpriseHomepageLandlordsLinkedIn company pageSellersTerms of ServiceY Combinator company page
SourcesHomepageAboutEnterpriseApply / CareersTerms of ServiceAffiliate ProgramY Combinator company pageY Combinator launchLinkedIn company pageThe Real Deal articleFondo launch articleStartup Intros funding page

Jobs and careers at Spotlight Realty

6 jobs at Spotlight Realty

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Senior Account Manager

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Ecommerce Operations Specialist - Colombia

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Account Manager

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