Real estate

PARES AI

Website
Founded 2025Origin source ↗Checked 2026-09-15

Overview

PARES is an AI-native real estate services firm, providing investment sales brokerage and property management to institutional and middle-market property owners and investors across the country.

Real estate is an extremely labor-intensive business, often requiring scaling headcount to grow, being extremely local to submarkets, and operating on low margins. With AI, these services can be centralized and delivered better, faster, and at a fraction of the cost.

AI-native brokerage:

- Prospecting sellers through automated inbound and outbound outreach

- Underwriting deals and producing marketing materials with speed and precision

- Surfacing hidden buyers, running the marketing process, and negotiating contracts

- Handling all back-office, accounting, and additional support

AI-native property management:

- Communicating with tenants and vendors around the clock

- Screening leasing prospects, sending applications, and drafting leases

- Collecting rents, making payments, and chasing delinquencies

- Running accounting, payroll, and owner reporting

Check us out at https://www.pares.ai/

Company description As recorded 2026-11-08

Founders & team

Previously PARES

Company history As recorded 2026-11-08

Zihao Wang

Founder/CEO

Zihao is the Founder of PARES. Before PARES, Zihao ran a $500M+ real estate fund at Motiva Holdings and led 39 multifamily value-add and development projects across CA, NC, and FL. He also studied CS & AI at MIT, giving him expertise in both technology and real estate.

Founder profile As recorded 2026-09-15
3team members reported
Source-reported As recorded 2026-09-15

Founded 2025 · Source

News & product activity

Sources & observations

Y Combinator

Profile depthenriched profile
Website observationwebsite reachable
Last website check2026-11-11
Location · source statedLos Angeles, CA, USA
Pricing evidenceA pricing page was detected
Maturity: Not assessed · 4 of 6 areas documented

Source-based assessment · automated evidence rules

The retained text does not establish product availability or customer use.

Maturity is an evidence-based assessment, not a success rating. It may understate the current stage where evidence is limited. Coverage records documented areas, not a complete or independently audited company history.

Stage definitions
independent websitesource corroborationreachable websitedescriptive evidenceclassified market and modelsourced peoplesourced founding yearpricing page observed