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Michigan Post > Blog > Real Estate > Airbnb companions with Zumper in quest for extra residences
Real Estate

Airbnb companions with Zumper in quest for extra residences

By Editorial Board Published September 25, 2024 4 Min Read
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Airbnb companions with Zumper in quest for extra residences

On-line rental portal Zumper will now give its customers the power to seek for leases in buildings that enable tenants to hire models out part-time on Airbnb.

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In its quest to land extra stock for its platform, Airbnb landed a key new partnership this week.

The rental platform Zumper introduced on Tuesday that it could give its customers the power to filter their search to incorporate residences that enable them to hire models out on Airbnb.

Renters looking on Zumper can now filter their search to see the place they will offset the price of their lease by renting out their unit brief time period.

“Renters will be able to discover multifamily communities on Zumper where they can earn extra income from renting out their unit on Airbnb part-time,” Zumper CEO Anthemos Georgiades mentioned. “At the same time, property owners and management companies can empower tenants to host guests responsibly on Airbnb, while also making their community stand out from the pack when renters are considering where to live.”

The partnership may come at a great time for property managers, renters and Airbnb. 

In late 2022, Airbnb introduced a brand new effort to companion with the house owners of multifamily buildings to permit renters to listing their models on the platform part-time. It was a part of the corporate’s ongoing effort to deliver extra hosts and housing choices onto the platform, retaining costs in examine whereas the corporate competes with motels for vacationers.

As of this month, 18 of the nation’s largest 50 house house owners have partnered with Airbnb, Zumper mentioned.

Property managers in lots of U.S. markets face intense competitors for renters as a building growth added a rush of recent provide and choices for renters to select from. 

Renters who watched the worth of renting a typical unit within the U.S. skyrocket throughout the COVID housing market can now tailor their searches to incorporate buildings the place they will offset the worth of hire by Airbnb. 

Zumper mentioned its new partnership would enable property managers to take care of some management and visibility into short-term leases inside their buildings.

“Airbnb-friendly rental communities can also elect to earn a share of the revenue from stays as well as have visibility and controls over the number of nights that may be hosted per year, occupancy limits, and more,” Zumper mentioned. “The success of the program can be easily monitored and analyzed using Airbnb tools.”

“We are thrilled to partner with Zumper to bring more renters to Airbnb-friendly apartments,” mentioned Jesse Stein, head of Airbnb for Actual Property. “Traditionally, renters haven’t always had an easy time finding a home they could host on Airbnb. That’s why we launched the Airbnb-friendly marketplace and why this partnership with Zumper is so meaningful. Everyone should have the opportunity to earn extra income on their space.” 

E-mail Taylor Anderson

TAGGED:AirbnbapartmentspartnersquestZumper
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