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Picket Homes Is Transforming The Way Single-Family Rental Homes Are Acquired And Managed At Scale

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Below is our recent interview with Kelly Stephenson, Head of Marketing at Picket Homes:

Q: Could you provide our readers with a brief introduction to your company?

A: Picket Homes, Inc. is transforming the way single-family rental homes are acquired and managed at scale. Our proprietary Decision Science platform offers integrated technologies for every stage of the SFR value chain, enabling investors to quickly and confidently deploy capital into the single-family rental sector across multiple markets, efficiently manage homes to higher standards, and empower residents to live where they want and love where they live.

Q: Any highlights on your recent announcement?

A: Our Series A investment from RET Ventures will amplify our ability to innovate across every aspect of the single-family rental experience, from the way professional investors buy and manage homes to the convenience and amenities residents enjoy when they live in them. The RET team is world-class, and the depth of their experience in real estate technology will help us deliver superior tools and services in more markets more quickly.

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Q: Can you give us more insights into your offering?

A: We have seen amazing growth over the past year, with our annualized revenue growing more than 50% month over month in the last six months. We have added experts from multiple disciplEines to our team and will continue to invest in unmatched technology that spans asset identification, underwriting, transaction, and home and portfolio management at scale. Single-family rentals offer more stability and resiliency than just about any other asset class in the world, and our fusion of best-in-class operations, technology, and real estate expertise uniquely equip us to create exceptional experiences for both investors and residents.

Q: What can we expect from your company in next 6 months? What are your plans?

A: We expect the SFR asset class to remain highly attractive in both the near-term and long-term, for both investors and residents. We will remain focused in the months and years ahead on improving returns for our clients while delivering more convenience, flexibility, and ease of use for residents of properties under our care.

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Q: What is the best thing about your company that people might not know about?

A: Picket has five company values: obsess over customers, raise the bar, be trusted and trusting, be transformational, and always act with ownership. These values do not merely show up in posters on the wall; this is a team that lives and celebrates those values every day. We have a culture of perpetual, insatiable innovation, and our shared values drive us to tackle complex challenges at an exceptionally high standard and pace.

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