A model where multiple individuals or entities share ownership of a vacation property, each owning a percentage and having access for a specific period.
Glossary Term: Real Estate
The trends and conditions affecting the buying, selling, and renting of property in Djibouti, including short-term rentals.
A major options exchange. While not directly relevant to short-term rentals, it serves as a reminder of the importance of understanding market volatility and fluctuations, particularly for hosts with investments in real estate or other assets.
Zillow’s estimated market value of a property, often used as a reference point by hosts to assess their rental income potential.
A digital real estate marketplace that includes platforms like Zillow, Trulia, and HotPads, providing data and resources for short-term rental hosts.
A real estate investment strategy where a property is purchased specifically to rent out, often used for long-term rentals but applicable to short-term rentals as well.
Some property management companies offer brokerage services to help owners buy or sell short-term rental properties. These services can include market analysis, property valuation, and negotiation support.
A real estate agent who represents the buyer in a real estate transaction, assisting with property search, negotiation, and closing.