TER General Board

Too soon to say
sedonasandiego See my TER Reviews 3876 reads
posted
1 / 6

How would one go about finding out how to have their place used for Corporate Housing? What the requirements would be, etc.?

Thanks!

PeterPickle 2687 reads
posted
3 / 6

I don't claim to be an authority on the topic, but here's what I know:

Corporate Housing (CH) companies usually are affiliates of, or have contracts with, large Real Estate/Property Management companies. They rent a bunch of units in many cities at a discount directly from the Property Mgt company that owns and maintains rental properties around the country/world. The CH company then furnishes the units (bulk/discount contracts with furniture rental companies like cort), jacks up the monthly rent and markets them as corporate housing units.

I've never seen a personal residence being offered as a corporate housing option. I've stayed in a number of corporate housing units in my day and it's always been a professionaly managed type of deal, never a personal residence. There's so much that needs to be accounted for in a CH unit like:

24x7 security
Maintenance staff (what if a pipe bursts at 2 am in a personal residence!)
Insurance
Liability
Standards for cleanliness and ammenities
Properly working fax, business equipment, high speed internet, multiple phone lines, etc..

Corporate housing companies would have a nightmare on their hands if they tried to maintain all these level of services to their clients via individual residential properties around the country.  Property Mgt firms have all this taken care of already for them so it's a whole lot easier for the corporate housing firms to just go through them.


But...then again I could be wrong!  Might want to try calling some CH companies and see if they are open to the idea.

sedonasandiego See my TER Reviews 1903 reads
posted
4 / 6
Pointless 2866 reads
posted
5 / 6

Is it taboo to ask how your new incall arrangements are working out?  Big shoes to fill, so you said (never had the plesure myself)...

Comfortable, secure, fun, volume?  Is cash flow better, as expected?  Was there increased efficiency incall vs. outcall; safety; cost... etc.?  

Too soon to say or time for a 6-month's review?

sedonasandiego See my TER Reviews 2641 reads
posted
6 / 6

and in reality, I'm not really filling anyone's shoes..

I would say, at this point, and considering the slow season, that while it has generated more interest, it hasn't necessarily resulted in more business.

Some, for some reason, seem to equate incall with no need for screening. I will always screen. If they don't want to, then we can't go any further.

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