Summer is the best way to buy and own a second home. Our members pay less upfront, earn equity faster, and have the option to walk away. We do this by combining a rent-to-own program with short-term rentals.
Anyone looking for a lower cost, hassle free way to enjoy a second home! Summer works both for individuals who are ready to buy, as well as for folks who are interested in easing their way into ownership. Whether you are buying or trying, Summer offers a lower cost, hassle free, top notch customer experience.
Summer was founded in 2021 by two Airbnb alumni, with deep experience growing and scaling venture-backed hospitality businesses. Summer has raised over $13 million in seed financing from leading venture capital firms and investors such as QED, Lightspeed, 1Sharpe Capital, Firstminute Capital, and the founding team of Casper.
While many listings on our site are pre-purchased by Summer and move-in ready, we also list prospective properties that are on our radar. A Summer prospect home is a home currently on the market in a fantastic location that we've determined to have significant income-generating potential. To become a Summer prospect, the home must be conducive to the "Summer-ization" process, meaning that our team has a clear vision for upgrades, renovations, furnishing and outfitting. The only piece missing is a member who sees as much potential as we do. Because Summer Prospect homes are typically listed on the open market, if you see one you like let our team know as they tend to go quickly!
Your Summer journey starts here. Contact us, and a member of our team will get in touch shortly for a personalized consultation.
Summer purchases ready-to-rent, single family homes in premium vacation markets. We evaluate all homes on price, market dynamics and short-term rental viability. Whether it’s one of our existing properties, or a new home that you’re bringing to us, all homes go through the same rigorous vetting process.
Summer is currently active in 6 markets and rapidly growing. Reach out through this form and a member of our team will get back to you shortly! We’re always eager to add aspiring homeowners to the growing Summer family.
There are two ways to Summer:
Try with Summer
Summer is the deeded homeowner. Summer buys the home and you pay an initial fee and a monthly subscription fee in exchange for a legal right to use the home, as well as an exclusive option to purchase the home at a preset price in the future. Your subscription fee also earns you access to other homes in the Summer network.
Buy with Summer
You are the deeded homeowner. You purchase and own the property and Summer provides a monthly income guarantee to offset the costs of ownership, in addition to managing the headaches from moving to mowing. Summer grants you annual credit which you can use to book your home, or any home in the Summer network.
There are two types of payments in the Summer trial period:
This is a refundable, one-time payment equal to 10% of the home’s purchase price. 100% is credited towards the purchase if you decide to buy. If you choose to walk away, Summer refunds 100% of the fee.
Your monthly subscription fee is calculated based on your home’s average short-term rental rates and your expected annual usage. Summer offers a 3 tiers of subscription plan, based on 40, 60 or 90 days of annual usage. If you choose to purchase the home, Summer will credit 50% of your subscription fees towards the purchase price of the home!
The income guarantee is dependent on market rates and how often you plan to use the home. Since each home is unique, our team goes through a detailed underwriting process for every property taking into account everything from interior design to seasonal travel patterns to make an assessment.
You can easily book your stay on the Summer website or app. So long as no one else has the place reserved on the days you’re after, last minute bookings are welcome.
When you open the Summer member app you will see your current subscription balance, as well as the nightly rate of the Summer home. As you book your days, you will see your subscription balance decline (think of it like minimum spend on the platform).
The exact number of days you get with your subscription balance will depend on what days you choose to go, as some days are more expensive than others. Summer subscription plans are based on 40, 60 or 90 days of blended annual usage. Of course, if you exceed your subscription balance you can always pay à la carte for additional days.
Yes, you are welcome to use your subscription to book any home in the Summer network, from Miami to Park City (and one day, Japan.)
Summer ensures your home is professionally designed and furnished. You choose one of our custom design collections, and our design team takes it from there. We invest an average of $45,000 per home.
Yes, every home includes a dedicated space for member storage. Some obvious limitations to this space apply, but in most cases, we can work with you to ensure your belongings are secured for your exclusive personal use.
Once you own the home, you are of course welcome to make any changes you wish. Summer can even help you finance improvements to the home using short-term rental revenue. If you wish to make improvements to the home during your trial period, they will be evaluated on a case-by-case basis by our team.