LeaseAbuse executives featured in the Top 100 Magazine's 2018 Real Estate edition

Posted on May 22, 2018 by LeaseAbuse

LeaseAbuse is proud to be featured in the Top 100 Magazine's 2018 Real Estate edition coming out soon. A copy of the article is below.

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LeaseAbuse is a new and innovative monitoring system for short-term rental properties in the United States. Established in 2014, LeaseAbuse serves as a platform for real estate professionals to mitigate against the growing issue of sublets through Airbnb, VRBO, FlipKey and similar services.

LeaseAbuse operates 24/7 to stay a step ahead of changes to third-party rental sites and to help property managers and landlords protect their interests and investments. This includes constant monitoring of third-pay rental sites to identify not only the properties being sublet, but also the tenants who created the listing. Clients receive an alert as soon as soon as a property is identified and can then take action.

Condo associations, HOAs and coop boards can also use LeaseAbuse to ensure that neighbors are not engaging in sublet abuse and allowing untraceable strangers into buildings and spaces where homeowners and other tenants expect to be safe and secure.

A team of dedicated experts runs LeaseAbuse, including Cate Phillips, vice president of business development, and Danielle Hereira, vice president of operations.

“The rampant growth of sublet platforms has left property managers and landlords behind the technology curve as they have no way to track which of their tenants are renting the property without the permission of the owners”

says Hereira.

“Third party rental websites don't provide the exact address of a potential place to stay until they book it, so it's hardly possible for the landlords to know whether a property is listed on the short-term rental sites or not. Short Term Rental sites like Airbnb have become a nuisance for all property management companies”

adds Phillips.

“The trickle of illegal and unwanted sublet activity began years ago with Craigslist and has now become a massive, multi-billion dollar international powerhouse in the form of Airbnb and other well capitalized, Silicon Valley venture-backed startups. In the same way that Uber has challenged the realities of the taxi industry, Airbnb has bent the rules on what constitutes a hotel stay. Our prospective clients' building security systems, insurance policies, and tenant satisfaction are all at risk until they work with us.”

Hereira, who has an engineering degree, began working for LeaseAbuse as a developer in September 2015. Her role quickly expanded once it became clear that she had skills in other areas, including research, sales and marketing. Since September 2017, she has served as operations leader and oversees the majority of the business and is an integral member of the LeaseAbuse team. In her spare time, she enjoys going to the movies and spending time with her family, and she can speak both English and Spanish, which helps her work with a diverse clientele.

Phillips is a successful entrepreneur with 20 years of experience in sales and marketing. She started her first company before the age of ten, running a neighborhood newspaper. Today, in addition to her role at LeaseAbuse, she is co-founder of B2B Dynamix, a sales management and consulting firm. She describes herself as cold calling extraordinaire and enjoys engaging customers and prospective clients on the phone in a consistent and nurturing manner to drive business. Phillips received a Bachelor of Science degree in electrical engineering from Marquette University. In her spare time, she enjoys being with her six children.