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.
SourceAI powered brokerage reducing residential rental commissions in NYC…
Public company, workplace, funding, and market signals
Updated Jul 30, 2026
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
12 jobs at Spotlight Realty
Offices
Business model
Leadership
CEO & Co-Founder
CTO & Co-Founder
COO & Co-Founder
Director of Sales And Business Development
Founders
CTO & Co-Founder
Investors
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
Pricing
4% commission on rentals, 1.5% commission on sales, with customized pricing for enterprise clients
Differentiators
Technology
Customers
Competitors
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.
SourceStartup Intros · Jul 2026
Profile page summarizing founders, funding history, and investor names for Spotlight Realty.
Fondo · Feb 2026
Startup-launch writeup summarizing Spotlight Realty’s AI rental workflow, landlord dashboard, lower commissions, and founding team.
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.
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.
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.