Partner with Us (Short Term Renting)
How Does it Work?
First, we hand-pick properties based on their fit with our overall portfolio: clean, comfortable, and conveniently located.
- Rent your place to Stayhomesearch, and we will take care of the rest. You will get guaranteed rent from us, and we will rent it short term or long term.
- Pros: Steady income and no tenant headaches or hassles when you sign a lease with Stayhomesearch.
- Cons: Not all buildings allow short term rentals; verify with your condo association/building management if they allow short term rentals. Return on your investment is not maximized when compared to Revenue sharing (below).
- Revenue Sharing. We manage and rent your property on a short term basis. We take of the hosting, greeting, communication and cleaning the property.
- Pros: More revenue for you. Just relax and collect your additional income. We use a progressive revenue share, long term management starts at 12%.
- Cons: Not all buildings allow short term rentals; verify with your condo association/building management if they allow short term rentals.
- One-time Finder’s Fee commission. For a 10%, Finder’s Fee, we help you find a high quality tenant for you, and you take care of the rest. Simply tell us the rental amount you want, and that is the rent that we will try to deliver for you. Since we are working for a Finder’s Fee, we will try to find tenants at a slightly higher rent for you, for a truly win-win situation.
- Pros: You can approve the tenant that will sign a lease with you.
- Cons: You have to manage the lease and be hands on with your tenant.
Benefits Working with Us
As a condo owner in Toronto, or a landlord of a duplex in Montreal, you may have different goals. We discuss your specific objectives with you, work out a personalized plan that fits you, and if we determine that there is a win-win situation; only then will we work together. We view this relationship as a partnership.
- Assess and provide suggestions on how to prepare and maximize rental revenue
- Advertise property
- Conduct showings
- Evaluate all candidates
- All applications are approved (or denied) by the owner
- Inspections (move in, move out/end of lease inspection)
- On call service to tenants (not contracted out)
- Collect rent from the tenant
- Provide monthly revenue report
- Send rental revenue directly to owner
- Superior cleaning staff (we always perform personal cleaning inspections)
- Superior communication (you won’t be passed around between multiple different support people, re-explaining yourself repeatedly, if there is an issue)
We’d Love to Learn More About Your Property
If you are excited about this, and have a great condo then we want to hear from you! We know that we can help rent your property, and to get started all you have to do is fill out this short form below and an account manager will be in touch.