After years of legal wrangling between the City of Portland and Airbnb a settlement has been reached. Starting in December Airbnb will turn over info on all their Portland listings, which some estimate are 80% unpermitted, to the City.
I expect that pricing will jump as many of the listings are removed in January 2020 in Portland.
Home Away will not be sharing user data but instead has agreed to remove users without proper permits and business licenses. All other platforms have been informed to remove un-permitted listings by the end of September 2019.
Click here for information on: How to permit your Airbnb in Portland
Great OPB Article on Portland’s crack down on short term rentals
Nick Krautter is the author of The Golden Handoff: How to Buy and Sell a Real Estate Agent’s Business which debuted number one on Amazon for mergers and acquisitions. His goal is to teach real estate agents how to grow their business and to help them later retire and benefit from their years of hard work. For the last decade Nick has been a Realtor in Portland, Oregon, where he leads a team and frequently serves as a real estate expert for the media.