The practice of renting properties out on a short-term basis has been on the rise for several years. This fast and cheap alternative to hotels has been changing the traditional way that individuals live and vacation. But it’s also changing the real estate industry.
Agents and Airbnb Real estate professionals around the country have found adding short-term rentals to their business profiles to be a good business move. “On the Cape, it’s apart of the economy down here,” Blake Decker, realtor and the chair of the Cape Cod & Islands Association of Realtors Vacation Rental Committee, told Boston Agent Magazine. “Everyone rents out their second homes or their vacation homes for a week in the summer, or what have you.”
Decker works primary along Cape Cod and oversees several vacation rental properties. He said working in the short-term rental space, especially for a buzzing area like Cape Cod, has been very rewarding for him. “It’s much more predictable from a revenue standpoint, especially on the Cape. We have a very specific high season, so you can really plan around it,” he said. “It’s harder to find work out here in the traditional real estate world.” But in Boston, it is getting harder for …
McDevitt Real Estate Closing Attorney Services - Real Estate Law Massachusetts
Have a question about Real Estate Law or need a closing attorney? Fill out the form below or call us at 617-282-7550.
We are conveniently located in Hingham and Milton, Massachusetts.
McDevitt Law Group strives to provide the highest quality real estate law and estate planning services, and we have for almost 40 years. As a small law firm, we pride ourselves on providing personal attention to your case and providing the highest quality representation. Call us today, or use the contact form below.
Barnstable County | Bristol County | Duke County | Essex County | Middlesex County | Nantucket County | Norfolk County | Plymouth County | Suffolk County
Just click on the Phone Number to dial on your phone: