When To Raise and Lower Your Short-Term Rental Listing in New York
When To Raise and Lower Your Short-Term Rental Listing in New York As a short-term rental host in New York, effectively managing your listing and optimizing its performance is crucial. One important aspect of maximizing your rental income is knowing when to raise and lower your short-term rental listing price. Discover when it's the ideal time to adjust your prices and list your short-term rental with Zelloo! High-Demand Periods During peak travel seasons or holidays, demand for short-term rentals in New York tends to soar. To capitalize on this, it's advisable to raise your listing price during these high-demand periods. By adjusting your rates to reflect the increased interest in accommodations, you can potentially earn more per night or secure longer booking durations. Special Events and Festivals New York hosts a plethora of events and festivals throughout the year, such as the Macy's Thanksgiving Day Parade, New York Fashion Week, and the New York International Auto Show. When these events take place, thousands of visitors descend upon the city, creating a surge in demand for short-term rentals. Take advantage of these opportunities by raising your listing price to align with the heightened demand during these specific dates. Seasonal Changes New York experiences distinct seasonal changes, impacting travel patterns and demand for short-term rentals. During the summer months, for example, tourists flock to the city for sightseeing and outdoor activities, resulting in increased demand for accommodations. In contrast, the winter season may see a decrease in tourist traffic. Adjust your listing price accordingly, raising it to match peak seasons and lowering it during slower periods to attract more guests. Competitor Analysis Regularly analyzing the prices of other short-term rental listings in your area is crucial to staying competitive. If you find that similar listings in your neighborhood are consistently priced higher than yours, consider raising your rates to match or exceed the competition. On the other hand, if your listing isn't attracting as many bookings compared to similar properties, lowering your price slightly may help attract more guests. Get Short-Term Rental Support From Zelloo Knowing when to raise and lower your short-term rental listing price in New York is key to maximizing your income and achieving a higher occupancy rate. Take the time to evaluate how different factors could impact your need to raise or lower the price of your short-term rental. Reach out to Zelloo for property management and listing support! Contact Us
Read MoreExploring the Benefits of Mid-Term Rentals
Exploring the Benefits of Mid-Term Rentals As the real estate market continues to evolve, new and innovative rental solutions are emerging to meet the changing needs of property owners and tenants. Among these solutions, mid-term rentals have gained significant traction, offering a unique combination of flexibility and convenience. If you’re looking for a trusted mid-term rental site, look no further than Zelloo. Learn more about the benefits and contact us to learn more! Flexibility for Property Owners Mid-term rentals offer property owners flexibility in terms of leasing duration. Unlike long-term rentals that typically require a commitment of a year or more, mid-term rentals allow owners to rent their property for a few months to a year. This flexibility means that property owners can monetize their property during periods when it would otherwise be vacant, providing a steady stream of income. Versatile Tenant Options For tenants, mid-term rentals offer a versatile housing solution. Whether someone is relocating for a job, renovating their home, or simply seeking a temporary living arrangement, mid-term rentals provide the perfect solution. These rentals are often fully furnished, eliminating the hassle of moving furniture and belongings. Available Professional Property Management Renting out a property can be a time-consuming and demanding process, which can deter many owners from exploring the rental market. However, with the availability of professional property management services, such as those offered by Zelloo, property owners can instead enjoy a stress-free rental experience, along with consistent rental income. Increased Rental Demand In recent years, the demand for flexible housing options has been steadily rising. With changing work patterns, remote work arrangements, and digital nomadism becoming more prevalent, individuals and families are seeking short-to-medium-term rental options that offer flexibility and convenience. Get Support From Our Mid-Term Rental Property Management Mid-term rentals present a lucrative opportunity for both property owners and tenants. The flexibility and convenience they offer make them a compelling alternative to traditional long-term rentals. Unlock the potential of your property and reach out to Zelloo for mid-term rental property management support! Contact Us
Read MoreWhen to Raise and Lower Your Short-Term Rental Listing Price in Arizona
When to Raise and Lower Your Short-Term Rental Listing Price in Arizona Navigating the short-term rental market in Scottsdale can be a rewarding experience, especially when you understand the right timing for pricing adjustments. At Zelloo, we specialize in optimizing your short-term rental and managing your property to ensure maximum profitability and occupancy. Contact A Scottsdale Rental Property Manager Understanding Seasonal Trends Scottsdale's tourist season peaks from March to May and again from September to November, thanks to its pleasant spring and fall climate. During this high-demand period, raising prices on your furnished apartments with short-term leases is advisable. Conversely, the hot summer months often see a dip in tourism, making it a strategic time to lower prices on month-to-month rentals to attract more guests. Economic Factors Economic shifts can significantly impact the short-term apartment rental market. In a booming economy, travelers are more likely to splurge on higher-end accommodations, allowing you to raise prices. However, during economic downturns, it's wise to adjust the rates of your short-term rentals on listing sites competitively to maintain steady bookings. Check out our projections for the 2024 housing market. Location-Based Pricing The proximity of your property to popular attractions in Scottsdale, like golf courses or natural areas, can justify higher rates during peak seasons. However, properties further from these hotspots might benefit from more competitive pricing on month-to-month rentals to attract guests. Type of Lease Furnished apartments with short-term leases usually allow for higher prices due to their convenience and amenities. Adjusting these prices based on demand and seasonality is key. For instance, during major events like the WM Phoenix Open, you can capitalize on the influx of visitors. At Zelloo, we understand the nuances of the Scottsdale short-term rental market. Utilizing our expertise in managing short-term rental properties can significantly boost your rental's success. Whether you offer furnished apartments for a short-term lease or are looking into month-to-month rentals, we're here to guide you through every step of the pricing strategy. For more insights on short-term apartment rentals, visit our blog or contact Zelloo for personalized advice on your rental property. Contact A Scottsdale Rental Property Manager
Read MoreWhen to Raise and Lower Your Short-Term Rental Listing Price in Florida
When to Raise and Lower Your Short-Term Rental Listing Price in Florida Navigating the dynamic world of short-term rentals in Florida can be challenging, but with the right strategy, it becomes a lucrative opportunity. At Zelloo, we specialize in managing your rental property to ensure you get the best return on your investment. Here's our guide on when to raise and lower your prices. Contact A Miami Rental Listing Property Manager Understanding Seasonal Demand Florida's tourism peaks during the winter and summer months. During these times, demand for furnished apartments on short-term leases and month-to-month rentals skyrockets. This is the perfect time to raise your prices. Conversely, during off-peak seasons, consider lowering your rates to maintain steady occupancy. Economic Fluctuations Economic trends play a crucial role in the short-term rental market. In a booming economy, people are more willing to pay premium prices for short-term apartment rentals. However, during economic downturns, it’s wise to adjust prices downwards to attract budget-conscious travelers. Location-Based Pricing The location of your property significantly influences its pricing. Properties in prime areas like Miami Beach or downtown Miami should have higher rates compared to more suburban areas. Keep an eye on the pricing trends of short-term rental listing sites in these areas. Lease Type Considerations Furnished apartments with short-term leases often command higher prices due to their convenience. Month-to-month rentals can also be priced higher due to their flexibility. Adjust your pricing based on the type of lease you offer and the added amenities. At Zelloo, we understand the intricacies of the Florida rental market. Our expertise in managing short-term rentals ensures that your property is priced perfectly, no matter the season or economic climate. Whether you offer month-to-month rentals or short-term apartment rentals, our team is here to help you maximize your earnings.For personalized advice and management of your rental property, contact Zelloo today — your partner in successful short-term rental management in Florida. Contact A Miami Rental Property Manager
Read MoreSignature MGM Condo Hotels in Las Vegas
Is The Signature MGM Condo Hotel In Las Vegas A Good Investment? INVESTING AT THE SIGNATURE MGM IN LAS VEGAS If you plan to invest in Las Vegas, look no further than the Signature MGM Condo Hotels. Offering a unique blend of luxury and convenience, these condo hotels provide an unparalleled vacation experience. And with the exciting Zelloo vacation rental fixed-rent program, you can enjoy the benefits of owning a condo at the Signature MGM while earning a steady income from renting it out when you're not using it. GET A FREE FIXED RENT QUOTE ABOUT THE SIGNATURE MGM LAS VEGAS The Signature MGM Condo Hotels are located in the heart of the Las Vegas Strip, making them the perfect base for exploring all that the city has to offer. Whether you're interested in world-class entertainment, fine dining, or vibrant nightlife, you'll find it all just steps away from your condo. And with easy access to major attractions like the Bellagio Fountains and the High Roller observation wheel, you'll never run out of things to do. What sets the Signature MGM Condo Hotels apart from traditional hotels is the fact that each unit is privately owned, giving you the opportunity to enjoy all the comforts of home during your stay. These spacious and well-appointed condos feature fully equipped kitchens, separate living and dining areas, and luxurious bathrooms. With options ranging from studio units to three-bedroom suites, there's a condo to suit every traveler's needs. FIXED RENT PROPERTY MANAGEMENT IN LAS VEGAS But what makes owning a condo at the Signature MGM even more appealing is the Zelloo vacation rentals fixed-rent program. The fixed rent program offered by Zelloo provides stability and peace of mind to condo owners at the Signature MGM. Unlike traditional vacation rentals, where rental income can vary greatly depending on the season and demand, the fixed rent program guarantees a steady monthly income. This means that even if your condo is not occupied every night, you can still count on a reliable source of income to cover your expenses. GET A FREE FIXED RENT QUOTE With Zelloo's 8-plus years of expertise in the vacation rental market, you can rest assured that your condo will be marketed to a wide range of potential renters, ensuring maximum occupancy and rental income. In addition to the financial benefits, owning a condo at the Signature MGM comes with a host of other perks. As an owner, you'll have access to all the amenities and services offered by the resort, including pools, fitness centers, and concierge services. You'll also enjoy exclusive discounts on dining, entertainment, and spa treatments, making your stay at the Signature MGM even more enjoyable. If you're looking to invest in real estate or simply want to enjoy the best of what Las Vegas has to offer, the Signature MGM Condo Hotels are an excellent choice. With their prime location, luxurious accommodations, and the Zelloo vacation rental fixed rent program, these condo hotels offer the perfect blend of convenience, comfort, and profitability. So why settle for a traditional hotel when you can own a piece of the Las Vegas Strip and make it work for you?
Read MoreTop 5 things to watch in 2024 Real Estate Market
As we dive into the new year, it's essential for both buyers and sellers to stay informed about the ever-evolving real estate market. Whether you're considering selling your property or searching for your dream home, being aware of the trends and changes can greatly impact your decisions. So, here are the top 5 things to watch in the 2024 real estate market:1. Sellers: Increased competition and changing preferencesIn the coming years, sellers should be prepared for a more competitive market. As the economy continues to recover and more people gain confidence in buying properties, the number of homes available for sale is likely to increase. To stand out from the crowd, sellers need to pay attention to their property's presentation and showcase its unique features. Additionally, keep an eye on changing buyer preferences, such as the demand for sustainable and energy-efficient homes, as these factors can greatly impact your selling strategy.2. Market Update: Technology's influence on the buying processThe real estate market has experienced a significant shift towards digital platforms, and this trend is expected to continue in 2024. Buyers can now browse listings, take virtual tours, and even complete transactions online. To adapt to the changing market dynamics, sellers must leverage technology to market their properties effectively. Professional photos, 3D virtual tours, and social media advertising can significantly increase exposure and attract potential buyers.3. Affordability and availability: The balancing actOne of the most pressing concerns in the real estate market is the balance between affordability and availability. As demand continues to rise, housing prices are likely to increase as well. However, policymakers are increasingly focused on making homeownership more accessible to a wider range of individuals. Keep an eye on potential changes in lending regulations and government incentives that may impact affordability and availability. This knowledge will help both buyers and sellers make informed decisions in the coming years.4. Millennial homebuyers: The driving forceAs the largest generation in the workforce, millennials are expected to dominate the real estate market in 2024. This tech-savvy and environmentally conscious generation has different priorities compared to previous generations. They value sustainability, walkability, and proximity to urban amenities. Sellers should consider these preferences when marketing their properties, while buyers should be prepared for potential competition in these desirable neighborhoods.5. The rise of secondary markets: Suburban and rural areasThe COVID-19 pandemic has accelerated the migration from urban centers to suburban and rural areas. Remote work and the desire for more space have driven many individuals and families to seek homes outside of crowded cities. This trend is likely to continue in 2024, with secondary markets experiencing increased demand and potentially higher property values. Sellers in these areas can capitalize on this trend by accurately pricing their properties and emphasizing the advantages of suburban or rural living.In conclusion, the 2024 real estate market presents both challenges and opportunities for sellers and buyers alike. Staying informed about the latest trends and market updates is crucial for making informed decisions. Keep an eye on the increased competition among sellers, the influence of technology on the buying process, the balance between affordability and availability, the preferences of millennial homebuyers, and the rise of secondary markets. By staying ahead of the curve, you can navigate the real estate market successfully in the years to come.
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The housing market outlook for 2024 is an area of great interest for buyers, sellers, and renters alike. As the year approaches, it's important to understand the potential trends and changes that may impact the sales and rental markets. In this blog post, we will explore what the housing market outlook for 2024 could mean for buyers, sellers, and renters.Buyers:For buyers, the housing market outlook for 2024 presents both opportunities and challenges. On the positive side, interest rates are expected to remain relatively low, making homeownership more affordable. Additionally, the demand for housing is projected to remain strong, ensuring a robust market. However, this high demand may also lead to increased competition and rising prices, making it more difficult for some buyers to find affordable properties.To navigate the 2024 housing market, buyers should consider working closely with a real estate agent who can provide insights into local market conditions and help identify properties that meet their needs and budget. It may also be wise to get pre-approved for a mortgage to enhance their chances of securing a desirable property amidst competition.Sellers:Sellers can expect a favorable housing market outlook for 2024, as demand is projected to remain high. With low inventory levels and a growing pool of potential buyers, sellers should have an advantage when it comes to negotiating prices and terms. Additionally, the continued low-interest rates could motivate more buyers to enter the market, further increasing the chances of a successful sale.To maximize their selling potential, homeowners should invest in home improvement projects that can increase the value of their property. By enhancing curb appeal, updating key areas such as kitchens and bathrooms, and ensuring the home is well-maintained, sellers can attract more buyers and potentially command higher offers.Renters:Renters may face some challenges in the 2024 housing market outlook. With rising prices and high demand in the sales market, some potential buyers may opt to continue renting, leading to increased competition for rental properties. This increased demand could result in rising rental prices, making it more costly for renters to secure suitable accommodations.To navigate this challenging rental market, renters should start their search early, ideally three to four months before their desired move-in date. This allows them to explore a wider range of options and potentially secure a lease before prices rise further. Renters should also consider expanding their search area or adjusting their expectations to find more affordable rentals.In summary, the housing market outlook for 2024 offers both opportunities and challenges for buyers, sellers, and renters. Buyers can take advantage of low-interest rates but should be prepared for increased competition. Sellers can enjoy strong demand and negotiate favorable terms, but must also invest in preparing their property for sale. Renters may face rising prices and increased competition, requiring early planning and flexibility. By understanding these dynamics, individuals can make informed decisions and navigate the housing market successfully in 2024.
Read More Terms of Agreement - Short Term Rentals
Terms of Agreement 1. Services. Upon its acceptance of this Property Management Agreement on the Effective Date, We shall provide the following services (collectively, the “Services”) to the Owner during the Term of the Agreement and maintain the Property identified within any Listing as We appropriate on an ongoing basis. Our Leasing Office will provide services that include but are not limited to; a. Tenant Screening: Respond to inquiries from prospective tenants, providing information about available units, rental prices, lease terms, and amenities. b. Property Tours: Organizing property tours for potential tenants, showcasing the available units, and highlighting the features and benefits of the property. Application Processing: Collecting and reviewing rental applications, verifying applicant information, conducting background and credit checks, and making decisions regarding tenant suitability. c. Lease Preparation: Preparing lease agreements, ensuring all necessary terms and conditions are included, and explaining the lease agreement to tenants before they sign it. d. Rent Collection: Collecting tenant rental payments, tracking and recording payments, and issuing receipts or invoices as required. e. Maintenance Coordination: Receiving and processing maintenance requests from tenants, coordinating with maintenance staff or contractors to schedule repairs, and ensuring timely resolution of maintenance issues. f. Tenant Relations: Building and maintaining positive relationships with tenants, addressing their concerns or complaints, and providing assistance or guidance as needed. g. Vacancy Management: Managing vacant units, advertising, and marketing available units, conducting showings, and actively working to fill vacancies. h. Financial Administration: Assisting with financial tasks such as budgeting, expense tracking, and reporting related to the leasing office operations. i. Record-Keeping: Maintaining accurate and up-to-date records of tenant information, lease agreements, payments, maintenance requests, and other relevant documentation. j. Compliance: Ensuring compliance with relevant fair housing laws, fair housing regulations, and other legal requirements in all leasing activities. k. Marketing Services. Using the Images (defined below) and information You provide to Us, We shall engage in the display, promotion, and marketing of the Property on the Website and through the Zelloo Channels through the creation and maintenance of Listings to be displayed on one or both. Our Channels may include but are not limited to; VRBO, Airbnb, HomeAway, Zillow, Apartments, Realtor, and other such services currently in existence or that may exist in the future. Our activities may include, subject to the terms and conditions of this Agreement, the display of Images depicting the Property, the use of Your description of the Property and Our own description of the Property, and the use of commercially reasonable measures to ensure the distribution of these Images and descriptions so that travelers, third parties, and potential Tenants may Rent to use the Property for a specified number of nights through Our online technology, specifically including its rentals and payment processing systems (collectively, the “Technology”). l. Housekeeping. We will coordinate cleaning services associated with short-term rentals. Cleaning is paid for by Zelloo and it is not an expense to the Owner. m. Leasing Team. Our Virtual Leasing Office and Customer Support services are available seven days per week. We shall accept Rentals of the Property in a manner that does not overlap with other Rentals. At the time of any Tenant making a Rental, we shall collect payment of the Rate(s) charged for each night of the Rental via credit card, debit card, or other means that may be available and accepted from time to time through the Technology. n. Account Executive. We will provide You with a dedicated Account Executive as a main contact, the Account Executive will manage Your Property and its Listings. The Market Manager will assist you with the implementation process and manage Your relationship with Us. o. Dashboard. We will provide you with a dashboard that is detailed information pertaining to each Rental for Your Property processed by Us, including but not limited to Tenants’ information, payout amounts, and rental dates, whether the Rental is made through the Website or any of the Our Channels. p. Damage Deposit Claims. At or before the time of a Tenant’s check-in for a Rental, We will charge the Tenant’s deposit in an amount We will determine from time to time in its sole and absolute discretion, which will serve as the Tenant’s deposit that can be collected and withheld in the event of damage to the Property or Your personal property therein, and which We shall hold for at least 48 hours following the Tenant’s check-out from the Rental. If a Tenant has caused damage to Your Property or your personal property located within the Property, You or Housekeeping is responsible for submitting any and all claims for recovery from or an assessment against the Tenant’s damage deposit within 48 hours after that Tenant checks out. If you fail to remit a claim within 48 hours after the Tenant checks out, the damage deposit will be returned to the Tenant in full. q. Property Safety. As a material term of this Agreement, We are required to comply with the health and safety obligations imposed by Your country, state, province, county, city, or other municipality, which are required for You to operate legally within the jurisdiction(s) where the Property is located. Additionally, We may provide You with a safety self-assessment survey at any time which You agree to complete truthfully and accurately and return to Us within five days of receiving it. 2. TERMS OF PAYMENTS FOR REVENUE SHARE. You understand and agree that you can withdraw rent payments from Zelloo on the day the Guest has checked out from the property less our Service Fee. Payments may take 1 to 5 business days to deposit to your bank account (excluding weekends and holidays). You are obligated to maintain current and valid bank account information on file. 3. GUARANTEED RENT (If SELECTED). The (“Guaranteed Rent”) will begin on the Guarantee Start Date, which is 30 days after the Property is considered Rent-Ready. Your Guaranteed Rent will be paid even if a tenant has not been placed in the Property and it remains vacant, with the deduction of our service fees ("Service Fee"). We will commence listing the Property at the Starting Rent, and we reserve the right to adjust the listing price at our sole discretion. In the event that we are able to secure a tenant for the Property at a higher rate than the Guaranteed Rent, you will receive the higher rate after deducting our Management Fees. However, if we place a tenant at or below the Guaranteed Rent, you will receive. a. Terms of payment for guaranteed rent. You understand and agree that you can withdraw rent payments from Zelloo on the 1st of each month less our Service Fee. Payments may take 1 to 5 business days to deposit to your bank account (excluding weekends and holidays). You are obligated to maintain current and valid bank account information on file. 4. TERM OF THIS AGREEMENT. The term of this agreement will be for a minimum term of 1 year, the rental rights and all other rights assigned to Tenant under this Agreement shall commence at 12:01 AM local time on the Start Date and, unless this Agreement is terminated or not renewed as set forth in this Agreement, shall continue until 11:59 PM. local time on the End Date, constituting the initial “Term” of the Agreement, subject to any renewals. a. Renewal. This agreement will automatically renew 90 days prior to the End Date. Each Party may elect not to renew this agreement by providing notice in writing at least 90 days prior to the End Date. 5. SERVICE FEE. In consideration for the Services above, we charge a fifteen 15% percent Service Fee herein referred to as the (“Service Fee”). The Service Fee is outlined under the Overview section of this Listing and Service Agreement signed by you. a. Tenant Fee. We reserve the right to charge fees to Tenant and collect and retain all fees paid by Tenant (the "Tenant Fee"). Tenant Fee may include but are not limited to, Application Fees, Cleaning Fees, and Tenant Service Fees. Each fee shall be individually known as a “Tenant Fee,” and collectively as the “Tenant Fees.” These fees help us cover our expenses to operate. 6. EARLY TERMINATION. Each of us has the right to terminate this Agreement at any time by giving a thirty (30) days' notice to the other party. The party terminating the Agreement will be responsible for paying a one-month termination fee, equivalent to one month of Guaranteed Rent or the average monthly revenue (whichever is more) to the other party. If you decide to terminate this agreement and there are future bookings you agree that our Service Fee will be due immediately on all future bookings and deducted from your payout. You also agree to comply with fair housing laws and honor the obligations of the tenancy. 7. OWNER OBLIGATIONS. After the Agreement’s Effective Date Upon the latest of a) Our acceptance of Your invitation to be a co-host or accept a similar position of joint responsibility for controlling access or promotion of the Property or creating Listings, or b) the Effective Date, and throughout the Agreement’s Term, You shall accept and owe the following obligations to WE set forth below in this Section, and elsewhere within this Agreement as applicable: a. Provision of Listing Information. As set forth in this Agreement, You shall provide information and materials reasonably necessary for Us to prepare Listings of the Property. b. Owner Conduct. You represent and warrant that any Listing created by You or Us, and the use of the Property identified within that Listing will not breach any agreements You have entered into with any third parties, such as Owners associations, condominium associations, lease or rental agreements, and You will be in compliance with all Applicable laws (such as zoning laws, fair housing laws and laws governing rentals of residential and other properties), Tax requirements, and rules and regulations that may apply to any Accommodation included in a Listing You post (including having all required permits, licenses and registrations), and (ii) not conflict with the rights of third parties. Further, as the Owner, You, remain responsible and liable for Your own acts and omissions, including, but not limited to, conduct that causes harm or damage to Us, that violates the terms and conditions of any Provider, that violates the terms and conditions of Our Channel, or that violates any applicable laws, statutes, regulations, rules, or ordinances. c. Taxes & Insurance. You agree to comply with and be bound by the Tax obligations set forth within this Agreement. You agree to maintain insurance. d. You agree that you will not post, list, advertise, or market the Property during the term(s) of this Agreement because this may interfere with our ability to do the same. 8. LISTING AND RATES. As provided in this Agreement, You understand and agree that as a condition of entering this Agreement, within ten days of the Effective Date, we or you will conduct a real estate photograph of at least 30 images of the Property that We own and have the full rights for its use (the “Images”), subject to the conditions below. a. Rental Rates. We manage the Rental Rate(s) at which the Property will be promoted or displayed within a Listing as being available for Tenants. We use dynamic pricing that utilizes real-time market rental data to ensure our rental rate maximizes revenue for the Property. We manage on Your behalf, and in accordance with this Agreement, the Rates, together with any applicable charges, Taxes, or other amounts payable, based on information You provide to Us, and any such action by WE to derive such Rates, Taxes, and other fees, or other amounts on Your behalf. b. Licensing. You grant Us full rights and license to use, reproduce, distribute, and display the Property, Images, and all other information You submit to Us and Our affiliates’ use in identifying, promoting, marketing, and otherwise obtaining Rentals for the Property. You further agree to provide Us reasonable free access to the Property in order to obtain images that We shall create and own in their entirety for Us and Our Affiliates’ use in identifying, promoting, marketing, and otherwise obtaining Rentals for the Property. c. Smartlock/Lockbox/Access. You permit the use of a Smartlock/lockbox or other key services to access the Property unless restricted by the homeowners' association (in which case you will assist us in ensuring the HOA's cooperation with key-related matters). In the event that you do not already have a smartlock or lockbox, we will provide one on your behalf and deduct the cost from the first month's Guaranteed Rent. d. Fair Housing. The parties to this agreement hereby affirm their commitment to fair housing practices in accordance with all applicable federal, state, and local fair housing laws and regulations. They acknowledge and agree that no person shall be discriminated against on the basis of race, color, religion, sex, national origin, familial status, disability, or any other protected characteristic under fair housing laws. The parties shall conduct all rental activities, including but not limited to tenant selection, application processing, lease negotiation, and property management, in full compliance with fair housing laws. They further agree to provide reasonable accommodations and modifications for individuals with disabilities, as required by law. Any violation of fair housing laws shall constitute a breach of this agreement, and appropriate legal remedies may be sought. This fair housing clause shall be binding upon the parties and their successors, representatives, and assigns." 9. TAXES. We will gather and remit all necessary occupancy taxes from the Tenant, in accordance with the State, County, or municipality regulations applicable to the Tenant's residency. These occupancy taxes, which could encompass State, County, or municipal taxes, are customarily imposed on accommodations rented for durations less than 30 days. This category includes vacation rentals, hotels, lodgings, and property leases less than 6 months within the geographical boundaries of the State of Florida herein referred to as (the “Collection and Remittance”). You hereby authorize Zelloo to collect Occupancy Taxes from Tenants on Your behalf and to remit such Occupancy Taxes to the Tax Authority. Where Zelloo is facilitating Collection and Remittance, You are not permitted to collect any Occupancy Taxes being collected by Us relating to their Property in that jurisdiction. You may be required depending on local laws to obtain an occupancy tax ID number. 10. CANCELLED RENTALS. You shall not cancel any Rentals or Applications and shall not encourage any Tenants to cancel. 11. RELOCATION. If You are unable to honor a Rental, You understand and agree that You shall immediately notify Us of this inability, relocate the affected Tenant to a comparable property, pre-pay, or make other arrangements for which relocation is needed. in addition to all additional transportation and relocation costs, and waive any additional fees or other additional payments that otherwise would be payable to You by WE or the Tenant as a result of the Rental. 12. LIMITATION OF LIABILITY. You shall irrevocably release and hold harmless Zelloo, its officers, directors, employees, Owners, and its Affiliates, from all claims arising from this Agreement and any Rentals obtained through Zelloo, the Website, or the Channels, whether those claims are brought by any Tenant or any third party. You expressly agree to release Zelloo, its officers, directors, employees, Owners, and Affiliates for claims of any kind, including those arising in tort or contract, or under other law (e.g., the Fair Housing Act and other federal law, whether or not relating to housing or accommodations), and release WE, its officers, directors, employees, Owners, and its Affiliates from any claim for damages of any kind, whether arising from contract or tort, in law or equity (and including any and all claims for injunctive or declaratory relief), including special, general, indirect, consequential, exemplary, punitive, or any other measure of damages, and further release Zelloo from any claim for attorneys’ fees and costs in any claim or dispute. You further shall hold Zelloo, its officers, directors, employees, Owners, and its Affiliates harmless for any claims a Tenant or third party brings against You in connection with this Agreement or the Property specified in this Agreement. You understand and agree, at Your sole and exclusive expense, to indemnify and defend Zelloo, its Affiliates, and its officers, directors, contractors, and employees (collectively, the “Zelloo Indemnitees”) against any claim or action arising from or related to this Agreement. 13. DISCLAIMER OF CERTAIN WARRANTIES. EXCEPT AS EXPRESSLY PROVIDED HEREIN, WE MAKE NO WARRANTIES, REPRESENTATIONS, COVENANTS, OR GUARANTEES WITH REGARD TO THE SERVICES OR ANY DISTRIBUTION OR INTEGRATION, WHETHER EXPRESS OR IMPLIED, ARISING BY LAW OR OTHERWISE, INCLUDING WITHOUT LIMITATION ANY IMPLIED WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE, OR ANY IMPLIED WARRANTY ARISING OUT OF COURSE OF PERFORMANCE, COURSE OF DEALING, OR USAGE OF TRADE. IN NO EVENT WILL EITHER PARTY BE LIABLE FOR ANY CONSEQUENTIAL, INDIRECT, INCIDENTAL, PUNITIVE, OR SPECIAL DAMAGES, INCLUDING WITHOUT LIMITATION, DAMAGES FOR LOSS OF BUSINESS PROFITS, BUSINESS INTERRUPTION, LOSS OF BUSINESS INFORMATION, OR ANY SIMILAR OR RELATED CLAIMS, ARISING FROM OR RELATED TO THIS AGREEMENT, EVEN IF SUCH PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. 14. DISPUTES. Subject to the choice-of-law and forum selection provisions in this Agreement, You agree to work with Us in good faith to resolve any disputes arising under or related to this Agreement, including through mediation, and continue Your efforts until such dispute has been resolved in a manner satisfactory to the Parties. 15. RELEASE AND HOLD HARMLESS. You shall irrevocably release and hold harmless each other from all claims arising from Our use of the Property for subleasing, re-letting, or providing month-to-month rentals, executive rental, other rental services, or for any other purpose, whether those claims are brought by Permitted Tenants or any third party. You agree to release Us for claims of any kind under this Section, including those arising in tort or contract, or under other law (e.g., the Fair Housing Act and other federal law, whether or not relating to housing or accommodations), and release Us from any claim for damages of any kind, whether arising from contract or tort, in law or equity (and including any and all claims for injunctive or declaratory relief), including special, general, indirect, consequential, exemplary, punitive, or any other measure of damages. Further, releases Us from any claim for attorneys’ fees and costs in any claim or dispute. Landlord further shall hold Us harmless for any claims a Permitted Tenant or third party brings against Landlord in connection with this Agreement or Tenant’s decision whether or not it was a sublease, re-let, or provide as a mid-term rental, executive rental, or on any other temporary rental basis, any or all of the Property specified in this Agreement. Landlord agrees and understands that in the event of any claim, loss, injury, or other damage, relating to or arising from this Agreement, Landlord agrees to seek any recovery for such injury or loss exclusively from Landlord’s insurer, and irrevocably waives all rights of recovery against Us for any claim, loss, injury, or other damage, arising by way of subrogation 16. SURVIVAL. The obligations set forth in Sections 2, 3, 5, 6, 8, 9, 10, 11, 12, 13, and 14,16 shall survive the termination, conclusion, or end of this Agreement for any reason. a. Notices. Where required by this Agreement, notices shall be sent via electronic mail transmission sent to . All notices must be in writing to be effective. b. Full Agreement. This Agreement contains all terms between the Parties, and may not be modified, altered, or changed in any way except in writing signed by both Parties. If any term, clause, or provision hereof is held invalid or unenforceable by a court of competent jurisdiction, such invalidity shall not affect the validity or operation of any other term, clause, or provision, and such invalid term, clause, or provision shall be deemed to be severed from the Agreement. No waiver by any Party of a breach or a default hereunder shall be deemed a waiver by such Party of a subsequent breach or default of a like or similar nature. No amendment, alteration, modification, or variation of this Agreement shall be valid or binding unless set forth in a further written agreement executed by all of the Parties hereto. c. Assignment. Except as authorized in this Agreement, You may not assign this Agreement nor any rights conferred under it in any manner without the prior written consent of WE. Any purported assignment of, or attempt to assign, any of the rights or obligations You attempt to perform without WE’s prior written consent shall be null and void ab initio. d. Independent Contractors. Nothing in this Agreement shall be deemed or construed to constitute or create any agency, franchise, partnership, joint venture or affiliation agreement between the Parties; neither Party shall have any power to obligate or bind the other Party in any manner whatsoever; and neither Party in any way represents itself as a guarantor of the quality of any product or service produced or provided by the other Party. e. Compliance with applicable Laws. Owner may be required to obtain Short Term Rental License or Transient Tax ID number. Both parties agree to comply with applicable laws, statutes, regulations, ordinances or any order of a court. Also, You agree that You will not violate or infringe anyone else’s rights or cause harm to anyone. f. Governing Law and Forum. This Agreement shall be construed under, governed, and enforced in all respects, including interpretation, by the substantive laws of the State of Florida without regard to Florida's choice of law provisions. g. Construction of Agreement. Each of the Parties has participated in the drafting of this Agreement after consulting with counsel, and the language of this Agreement shall therefore not be presumptively construed either in favor of or against any of the Parties hereto. h. Parties Bound. This Agreement shall be binding upon and inure to the benefit of the Parties hereto, their companies and affiliates, partners, Owners, attorneys, officers, shareholders, employees, directors, successors, and assigns. i. Counterpart Signatures. This Agreement may be signed in one or more counterparts, with signatures evidenced by fax, scanned e-mail, or PDF documents; each counterpart will be deemed an original hereof for all purposes, and all of which, taken together, shall be deemed to constitute but one agreement. j. Advice of Counsel. The Parties agree and have initialed below, indicating that they have read and specifically agreed to this Section, that they have carefully reviewed this Agreement, that they understand its terms, and that they sought legal advice with respect to this Agreement prior to signing it. You represent and warrant when you signed the Listing and Service Agreement that You are entering into this Agreement on Your own behalf, or that the individual entering into this Agreement on Your behalf is duly authorized to do so. You agree to accept the Terms of Agreement above along with the General Terms of Conditions, and our Privacy Policy. You have read, understood, and agree to be bound by the following terms.
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