The short term rental market is a global phenomenon and is
constantly evolving and in flux. With such a variety of business
models and professional companies (in excess of 200,000) plus
individual or small contracting hosts, the rental industry has
many millions of properties under management.
Marketplaces facilitate the exposure of product and services to
buyers. In the real estate world the buying and selling of
properties is via brokerage but has clear visibility of the
properties on both on the large real estate websites and the
realtors own sites.
There is nothing wrong with brokers. They provide a great service,
but the explosion of small businesses and the interest from
funding organisations and growth managers means that the
buy/sell/invest “dating” oppportunity requires a more marketplace
approach.
VRMX has been created by well know individuals in the short term
rental space, with experience of establishing, growing, investing,
buying and selling short term rental businesses and contracts.
The VRMX business is part of the Yes.Consulting network of
businesses and we are happy to have conversations around this
business model and opportunities to blend other STR asset classes.