Project Title: 17. Pricing for Small-Dollar Houses in Small to Medium Size Cities

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Project Title 17. Pricing for Small-Dollar Houses in Small to Medium Size Cities
Project Topics Growth Strategy
Skills & Expertise
Project Synopsis: Challenge/Opportunity
There are no reliable pricing formulas for rental housing worth less than $100,000. For landlords, this means there isn't a good rubric for pricing based on features and location. For renters, it's an information asymmetry issue that makes it harder for them to know what a fair rental price is, something particularly salient for the lower-income customers in this demographic. Our business suffers from this as well, so we want to work with a MBA team to help address this issue. We want to work with them on an analytics and pricing project that involves understanding how actors currently make pricing decisions, researching channels renters use to find housing, analyzing existing pricing information to identify variables impacting rent rates as well as attractiveness for renters, and exploring better ways to value a rental for customers. This will help us develop tools to pull in data from the sources the team finds and use their insights to develop pricing models that are fairer to lower-income renters in cities where this housing is prevalent.
Project Synopsis: Activities/Actions Required
Project Synopsis: Expected Results

Project Timeline

Hurry Home - 17. Pricing for Small-Dollar Houses in Small to Medium Size Cities
Due Date
Activities
Deliverables
Status
Action
Mon, 03/22/21
12:00 AM UTC
Program Kickoff
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Location:
OFFICIAL PROJECT KICKOFF
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Description:
Each company will provide a web conference link and time for scheduled kickoff meeting
Temperature Check #1 Due by 5:00 PM ET
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Description:
Temperature Check #2 Due by 5:00 PM ET
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Description:
UPLOAD STATEMENT OF CONFIDENTIALITY
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Deliverable submission is required.
Description:
During this program, you'll be working on a real project posed by a real industry partner. Please download, sign, and then upload the Statement of Confidentiality. If your industry partner requires an additional NDA, that will be loaded as a Project Resources
Final PEER Evaluation Due
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Final SELF Evaluation Due
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Final Interterm Feedback Survey
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PROJECT COMPLETE: UPLOAD FINAL DELIVERABLES
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Deliverable submission is required.
Description:
Please upload your final presentations and/or any final reports you delivered to the company.

Program Managers

Name Organization
Alice Obermiller University of Notre Dame

Teams

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