What if you could should show guests that your short term rental property (STR) issafe and secure?
STRs are not subject to the same regulations as hotels and BnBs. People who rent properties short term through rental agencies (e.g., Airbnb) have no third party on which to rely to certify that a property has been inspected and complies with safety and security industry standards. CertiStay fills the gap between the rental property owner who has a clear conflict of interest in providing a Safety and Security Certification (S&SC), and the rental agencies who are not considered sufficiently arms length to provide a S&SC.
CertiStay will rely on proprietary insurance offerings and software to offer a compelling value proposition to the rental property owner, the rental agencies and municipalities.
There is no bona fide safety and security certification business of any size in existence to address “this problem". CertiStay will use a proprietary software audit tool and leverage off of a sharing economy operations model utilizing independently contracted auditors. Additionally, CertiStay will provide its proprietary insurance offerings to the rental property owner lifting the liability limits currently provided from their standard homeowners policy to the appropriate level ($5.0 Million) and offer a compelling value proposition through the CertiStay proprietary homeowners policy which will afford the rental property owner a 35% plus discount from their current premium rate.
The CertiStay Team is lead by senior professionals who have a proven track record of growing and funding companies to the point of private sale or launch through the public capital markets.
Combined, the team has successfully completed various exits in high tech, mining and tourism including:
David Miller - A proven track record of building companies and selling them including launching start-ups in the public markets.
Salil Munjal - Exited Leitch Technology, the TSX/NASDAQ-listed global networking technology company (sold for $600 million)
Terry Jones - Founder and CEO of Travelocity (sold for $1.2 Billion USD) and founding Chairman of Kayak (sold for $1.8 Billion USD).
Alex Clark - Cofounder of Bit Stew Systems Inc. recently sold to GE Digital ($207.5 Million USD)
CertiStay provides third party safety and security audits for STRs and offers a unique set of insurance offerings designed for the short term rental property market.
Municipalities want to ensure that STRs meet safety and security standards on par with hotels and Bed & Breakfast operations and are implementing regulatory reform to make it mandatory for rental property owners to receive a safety and security certification.
Renters/guests want the same assurance – they not only want a great stay but a safe stay.
For Rental Property Owners
Provides rental property owners with peace of mind by limiting their liability, while increasing the marketability of their “certified” home. Additionally, the proprietary CertiStay homeowners policy will proffer a 35% plus reduction from current premium rates more than offsetting the cost of the certification.
CertiStay is uniquely situated to take the pole position in the overlap created between the two hot button areas of safety and security and STRs through a well constructed forward plan designed for scalability and the creation of recurring net revenue, which will unfold regionally to ultimate global penetration. CertiStay is perfectly positioned to be the beneficiary of regulatory reform at the municipal level forcing rental property owners to comply with new regulations.
The current global market has over 3,750,000 STRs which are publicly marketed as such. In North America there are over 300,000.
December 06, 2017
We are proud to announce that we are at 177% of our initial fund raising goals!
Remember, CertiStay shares are RRSP and TFSA eligible.
CertiStay has also received EBC tax credit status which proffers a 30% tax credit (quoting a noted local Angel Investor: “as good as cash”)
to investors who are B.C. residents which is additive to the tax deduction you receive from your RRSP contribution!
Pledge your investment now before the December 15, 2017 deadline!
October 25, 2017
Our own Terry Jones discussed the Future of Travel with Dave Sheldon on Pulse 107.7 To listen to the complete interview, follow this link: https://soundcloud.com/pulse1077/the-future-of-travel-dave-sheldon-with-terry-jones-october-24th-2017
October 03, 2017
Good News for BC Residents! CertiStay Inc. is approved for the BC Tax Credit Program which offers all Investors who file their taxes in B.C. a 30% Tax Credit / Rebate.
Business in Vancouver
September 26, 2017
Terry Jones was on Business in Vancouver today!
To listen to Terry’s recent radio interview follow this link: http://cirh2.streamon.fm/listen-pl-12210
September 18, 2017
As the City of Vancouver considers ways to regulate short-term rental properties like the ones found on Airbnb, a local startup is helping them address concerns over safety and security.
To continue reading, click here.
September 10, 2017
Check out our new YouTube channel!