Get paid by referring an owner or by managing your client's properties on Alcove. Open to licensed agents in North Carolina, Texas, and Georgia.
Alcove specializes in renting rooms to long-term roommates.
With four leases instead of one, a vacancy costs your client a room, not the house.
Investors who see returns buy again. Two-thirds of homes added to Alcove came from a repeat or referral owner.
Leverage our shared housing data, and bring expertise to your clients.
Meet with usPartner agents use Alcove's data to find the properties that perform as shared housing, and best advise their clients.
Alcove scores listings in your market on layout, location, and demand.
Room-by-room rent projections for any address, before your client signs.
Real demand and occupancy data from every Alcove market.
Alcove is not the agent or the property manager. We handle the heavy lifting of roommates, payments, and leasing. Your client can self-manage, or you can manage the home for them.
Alcove automates the heavy lifting, so self-managing is possible with Alcove's technology and support platform. Your client collects per-bedroom payouts directly.
Add a recurring management line to your business. Same platform, same automation, now working for you.
An Alcove rep walks you, and your client if necessary, through the process. After your first referral, we skip this step.
You or your client creates an account and lists the home. You submit the referral form at the same time.
Once the first bedroom lease is signed, your $500 is paid out. Any management agreement you sign is separate.
Your referral fee comes directly from Alcove, independent of the terms your client signs. No commission splits, no strings.
Alcove's collection rate is 99.4%. The platform auto-bills each roommate on the 15th of the month prior, which gives Alcove time to help resolve issues.
Alcove's support team is the first line of defense for roommate disputes, and tenants can book cleaning and maintenance through Alcove's vendor marketplace to keep shared spaces in shape.
Most Alcove homes are in one. Owners set the minimum lease length to match their HOA's rules (typically 6 months).
Owners remain responsible for complying with their own covenants and local rules.
Alcove manages roommate issues so your client doesn't have to. Median initial lease is 12 months with a 65% average renewal rate. Long-term tenants, low turnover.
No. Your referral fee comes from Alcove and is independent of your commission on the sale.
No. The $500 is paid on the referral. Managing the property is optional and paid separately.
Tell us where you work and we'll get you set up. An Alcove rep reaches out within one business day.
We'll reach out within one business day. No obligation.