A Gradual Ownership Model
[Note from editor: The “Mastermind Showcase” highlights companies and news from members of the GEM. Today’s showcase: Summer]
Summer is a vacation property market company whose “try before you buy” model helps owners purchase vacation properties and rent them out when not in use. Through a non-fractional, rent-to-own approach, Summer brings flexibility to the process of finding, buying, designing, and monetizing a vacation or investment home. Potential buyers with weekly newsletters featuring available homes, recommended listings, and access to vetted agents. Then Summer handles the design, furnishing, and renovation projects for the property–plus handles property management, guest inquiries, and revenue management.
What we like: Providing buyers a de-risked way to enter the property market, that includes the option to walk away, is a differentiated product in the vacation rental market.
*Part of 2023 REACH Class
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