In major cities, many are renters who illegally attempt to sublet apartment(s) while keeping their activity concealed from property management.
San Diego, CA (PRWEB) April 20, 2016
Vacation rental & sublease listings in major cities is booming. More and more people are signing up online to rent out their homes, condos and apartments for a few days to earn some extra cash. Who are these people listing their places for short-term vacation renting? In major cities, many are renters who illegally attempt to sublet apartment(s) while keeping their activity concealed from property management.
Sublet Notify, a web-based software company, has launched a new sublease monitoring service. Property management can create an account and monitor a single property or multiple properties for subletting activity. The proprietary software created by Sublet Notify searches listing sites every day, 365 days a year, and provides detailed reporting to help identify and prevent sublease activity before it happens.
The popularity of vacation rental sites like Airbnb.com, HomeAway.com, and VRBO.com has attracted an ecosystem of subsidiary services including professional short-term sublease companies. These companies typically rent condos or apartments under the pretense of a corporate lease and then sublet apartment(s) through vacation rental sites. These professional listing companies pose a serious threat to the security and management of the property. Sublet Notify has been designed to not only help identify individuals violating their lease but also to identify professional sublease companies.