The Real Daily is reporting that Airbnb is looking to secure deals with large multi-family property managers in which tenants can rent out their units, while including the landlord in on the process. Airbnb has reportedly started discussions with several San Francisco companies such as Sam Zell’s Residential, Avalon Bay Communities Inc. and Camden Property Trust.
This approach is in response to landlords becoming upset with their tenants turning into landlords themselves.
The Real Daily discussed the issue with Rick Haughey, the VP of Industry Technology Initiatives the National Multifamily Housing Council, who commented: “Right now, they [property managers] don’t have any control over this situation… They don’t have control over how often people are renting their units out, and they don’t have any control as to who’s coming in.”
Haughey also suggests that any agreement between landlords and AirBnB, would be one with revenue sharing, and would reassure owners that they’d have a say in what happens at their properties.
Agreements would initially be limited to markets where the legality of short-term rentals isn’t in question, and could possibly include cities that have passed home-sharing regulations.
The Real Daily is reporting that Airbnb is only in the beginning stages of discussion, and that nothing has been decided yet. Christopher Nulty from AirBnB said: “We are committed to working with everyone — hosts, policy makers, community groups, landlords and others — to ensure middle-class people can share their homes and contribute to their communities.”