Boise startup launches online marketplace for vacation rentals

[Michael Alexander]

There’s a new startup in Boise providing an online real estate marketplace for investors, buyers and sellers to list or shop for short-term vacation rental properties.

Similar to the MLS, Revnest displays detailed information about properties, including the number of bedrooms and bathrooms, square footage, lot size, and year built.

Traditional listing sites like Realtor.com and Zillow are sufficient for selling traditional homes, but are not the best option for selling and buying vacation rental properties. It was a struggle to find investment properties on these platforms, and it was from this first-hand experience that there was a market need to create Revnest where real estate sales are simplified for vacation rentals.

Detailed historical data on vacation homes, including financials, operating expenses, revenue, occupancy rates, and average daily rates are also provided on Revnest. A link to the vacation rental on VRBO/Airbnb is also provided so that potential buyers can see past reviews, rates, and other information.

“Revnest is ideal for buyers and sellers of short-term vacation rentals; seasoned or looking to get started,” co-founder St. Marie said. “Listing on a marketplace like Revnest ensures that your property is seen by the right people, increasing the chances of a successful sale and fewer days on market.”

The platform is free for buyers and sellers to use worldwide.

“This is just the beginning for Revnest. Our mission is to shape the future of short-term real estate,” Co-founder and CEO Keith Breon said. “We are proud to be the first in the industry to offer this marketplace and network, and are excited to witness how it can transform the buying and selling experience.”

Would you use this new platform to buy your next vacation rental property?