fixed rent contracts: how a contract is helping property managers and second homeowners make more

Fixed Rent Contracts:

Good for Managers, Good for Owners

agendaWho we are

What “fixed rent” isWhy do it

How to do itResults

Q&A

Cliff JohnsonCo-Founder, Vacasa

Andrew McConnellCo-Founder & CEO,@MAMcConnell

what is fixed rent?

The owners tell you what weeks they want to keep and what weeks they wish to rent.

You decide how much you want to pay for the available weeks.

Sign the agreement. The owner keeps the weeks they want, and you “own” the rest.

Gain full control of the property.

Rent it how you know best.

Always keep 100% of the upside.

It’s cheaper than buying.

benefits

Grow within your marketEnter new markets more easily

Add homes faster

Spread fixed costs

Increase margins

why?

PROJECT THE REVENUE.

ASSESS PROFIT TO THE MARGIN.

BACK OUT EXPENSES.

THIS IS YOUR OFFER.

1. 2. 3. 4.

how?

our approach

Fixed rent properties generate higher profit on average.

market overview

Luxury Property Mountain Region

Fixed & commissionOne-year contracts

Can renew or convert

Fixed rent properties generate higher profit on average.

90%of homes renew on a fixed rent

basis after the first year

The average profit is higher on an average

dollar basis per property.

90%of fixed rent homes have

generated a profit

65-70%of the projected gross is offered on average

20%of total homes under

management are with fixed rent arrangements

The program has been in place for 4 years and has become a more

integral part of strategy over time.

conclusion

q&a

Looking to grow your business?Additional questions or comments?

/rentedcom @rentedcom rented @rentedcom

michael@rented.com (404) 421-6096