- Posted by Editorial Staff
- On April 26, 2015
- 0 Comments
Quid Pro: a new investment opportunity for landlords and property owners all over the world
Quid Pro is a Belfast-based property startup, founded in 2014 and growing rapidly ever since. It introduces a unique, new concept into the property sector; the idea of matching short-term guests with empty properties anywhere in the world.
For a 10% administrative fee, Quid Pro will list properties on sites like Airbnb and manage all the “hassle” that can go along with that, for example communication with prospective guests, key exchanges, booking enquiries, free professional photography, account management, diary management, access queries, payments and so on. Properties registered on Quid Pro are also covered by 600k GBP of insurance.
Growing on the back of sharing economy sites like San Francisco-based Airbnb, which was valued at $20 billion USD in 2015; Belfast-based Quid Pro bring the sharing economy to landlords and property owners as a unique, new investment option allowing landlords and property owners to share in the enormous profits that are rolling in from properties listed on fast-growing sharing economy websites like Airbnb.
For rent, for sale or Quid Pro? Quid Pro bring sharing economy profits to landlords and property owners
Quid Pro provide the means through which landlords and property owners can profit from the growth of the sharing economy, as Quid Pro take away the hassle of managing guest bookings, while at the same time bringing increased revenues to landlords and property owners, compared to the profits that can be made from residential tenants. What is a better use of property lying empty and unprofitable with a “for sale” sign languishing outside it, then to register it on Quid Pro and turn it into a profitable guesthouse while it is waiting to be sold?
Quid Pro make properties profitable by finding short-term guests from as far afield as China, India, Russia and the USA who will stay in a Quid Pro property for short periods, for example one night or over a weekend, instead of booking a hotel (which is often a much more expensive and less enjoyable option for guests). Quid Pro take a small administrative fee and the rest of the profit from short-term guest bookings goes to the owner of the property.
How does Quid Pro work?
You can register properties on Quid Pro for free, and the Quid Pro team will immediately get to work, making your property ready to receive short-term guests.
Quid Pro also handle the process of getting your property certified as short-term guest-friendly by local authorities and they even pay the certification fees, although these fees are recouped from the initial profit the property makes from hosting short-term guests.
Quids in: Airbnb versus hotels?
What it is about Airbnb that appeals so much to short-term guests is that staying in someone else’s home listed on Airbnb, or another sharing economy site is often preferable to staying in a hotel.
In a hotel, a guest probably won’t have access to such home comforts as washing machines, microwaves, TV with surround sound and so on. It is no wonder Airbnb is growing so fast with 800,000 listings in 33,000 cities and 192 countries worldwide!
Moreover, Airbnb guests get to experience more authentic, unique holidays and can tailor their experiences to suit their exact needs. So, Airbnb guests or “Airbnbers”, as they are now known, get to use a property and all the facilities that go along with it. Many agree this is a much better (and cheaper) experience than checking into a hotel.
Quid Pro charity work
A whopping 5% of Quid Pro gross sales profit is donated direct to charity.
Quid Pro supports six different charities in the UK, the Republic of Ireland and further afield. These are:
- Doctors Without Borders / Medecins San Frontieres
- Disaster Emergency Committee
- Dog’s Aid
- Cancer Research Institute
- Environmental Defence Fund
So, after registering your property on Quid Pro, you can be sure that you are helping many people and animals all over the world who desperately need your help, but just don’t have the means to ask for it directly.
Questions or comments
If you have any questions or comments, please contact us at firstname.lastname@example.org