Valley residents will make big bucks renting out their homes Super Bowl week

GLENDALE, AZ — Glendale will be in the national spotlight in six months for Super Bowl LVII and that means big money-making opportunities.

Hotels are already filling up, so people who live near State Farm are making money by renting out their own homes to tourists.

This includes James Sirmans.

Inside her home, you’ll see high ceilings, plenty of counter space, and trendy decor. With the stadium just a mile away, he knew his cradle would be a hot spot come February.

“It’s an opportunity of a lifetime,” he said. “I mean, how often do you get the Super Bowl in your backyard?”

Sirmans has listed his home on rental sites for $10,500 a night. He says a family overseas has already booked him, planning to make him a profit of around $40,000.

And he is not alone.

There are hundreds of five-figure listings on sites like Airbnb and VRBO on Super Bowl week.

ABC15 asked George Chebat, an attorney at Enera Law who specializes in short-term rentals, what residents should know if they’re considering renting out their homes.

Chebat says first of all, do your research. In Arizona, short-term rentals must be registered with the respective state, county, and in some cases, city. The regulations are intended to clamp down on parties and other potential disruptions that might occur at home.

A City of Glendale spokesperson told ABC15 they are still working to get their registration process in place, having recently passed an ordinance in May, but you can read more about what is currently required. here. The City of Phoenix also has a guide that directs homeowners on How to register.

Chebat also recommends checking and updating your home insurance. He says most don’t cover everything, and that includes plans offered by rental sites.

“As a guest, they might do an intentional act that will not be covered by the Airline Coverage Program through AirBNB, so I would consider the Airline Coverage Program and other coverages and liability coverages through various platforms additional accommodation,” Chebat said. .

Chebat says owners must also make sure their home matches the description they give online and is kept cleanso customers don’t sue them for unsanitary or unsafe conditions.

For Sirmans, he goes above and beyond for his guests, offering limo service and an on-site chef. He has this message for other Valley residents who are also considering home sharing:

“My theory is, go for it,” he said. “If you have space and want to make a little extra cash, this is a great way to put some cash in your pocket.”

According to Airbnb, the last time the Super Bowl was held in Glendale in 2015, the hosts collectively won over $1 million.

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