Online wholesale rentals marketplace VacationFutures has launched this week in the Outer Banks.
The startup, which is a portfolio company of the Triangle Startup Factory accelerator, allows homeowners, property managers and real estate investors to buy and sell future rental rights.
“We have received a great response so far from Outer Banks vacation property managers and homeowners,” VacationFutures founder Andrew McConnell said in a statement. “Fifteen local property managers have expressed interest in bidding on the right to rent properties everywhere from Carova to Hatteras, and we are actively registering listings of all property types.”
VacationFutures website offers a proprietary listing and auction platform that gives homeowners the opportunity to get upfront income from their homes. The service is free for homeowners. Property managers pay the vacation homeowners for the right to rent those homes at some time in the future.
