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

Touchpoints & Assignments Date Type

Program Kickoff

Mar 22 2021 Event

Temperature Check #2 Due by 5:00 PM ET

Final PEER Evaluation Due

Final SELF Evaluation Due

Final Interterm Feedback Survey

Temperature Check #1 Due by 5:00 PM ET

UPLOAD STATEMENT OF CONFIDENTIALITY

Submission Required

OFFICIAL PROJECT KICKOFF

PROJECT COMPLETE: UPLOAD FINAL DELIVERABLES

Submission Required

Program Managers

Name Organization
Alice Obermiller University of Notre Dame

Teams

Team Name  Project Name  Team Members 
No Teams Available