HomeSuite, a platform aiming to disrupt the traditional rental housing model by offering month-to-month properties for lease has added Boston to the lineup of major cities receiving its services.
The company, which launched in January of 2015, already has a market presence in New York City, Los Angeles, the San Francisco Bay Area, Chicago, Washington DC and Seattle.
HomeSuite enables renters, mainly corporate travelers, to secure a fully vetted apartment for one to twelve months as easily as booking a hotel.
"Property owners, both large and small, benefit by avoiding walk-throughs, credit checks and the pitfalls that can come with long-term rental agreements," says CEO and co-founder David Adams.
"We have thousands of of 0-3 bedroom fully-furnished rental spaces now available month-to-month and we're excited to welcome Boston in to the HomeSuite network."
Adams says HomeSuite has been overwhelmed by the amount of interest from property owners.
“The desire for month-to-month and corporate furnished housing is exploding but the process has been time consuming and risky for both the renter and property owner," Adams says.
"We’ve eliminated those elements with a model that serves the best interests of both.”
Unlike others in the rental space, Adams says HomeSuite makes the transaction of booking an apartment much easier for both the landlord and the tenant.
"Thousands of property owners from across the country are provided with leases, not leads, while tenants looking for flexible month-to-month, fully-furnished and well-appointed rentals enjoy a faster, less worrisome and more secure experience as simple as booking a hotel online.
"Each prospective property is fully vetted, allowing the online marketplace to provide highly detailed property descriptions with photos and a process that could often take weeks is now just a click away," he says.
HomeSuite VP of Marketing adds apartments make up roughly 35 per cent of all housing in a destination city like Boston.
"We’re confident in our ability to better serve the needs of both the corporate and individual renter along with property owners seeking to maximize revenue,” Lazarov says.