Websites Help You Rent Out Your Driveway

Sep 9, 2013

First there was Craigslist. Then more specialized websites arrived to make it easier to rent out your spare bedroom, vacation home, or even your car.

Now, a new category catching on the Northwest allows drivers to reserve a parking spot in someone else's driveway.

The concept is pretty simple, says Alex Stephany, London-based CEO of the website

"The idea is just if you have a parking space or driveway that is not being used some of the time, you can let someone else use it and you can make some money in the process,” Stephany said.

Stephany says his company did not specifically target the Pacific Northwest for expansion; enterprising homeowners around the region found his website or one of its competitors on their own.

"The most successful property owners on tend to be around sports stadia, like say, Husky Stadium in Seattle or around airports,” he said.

Stephany says the owners of the parking spot are responsible for figuring out whether the transaction is allowed in their neighborhood. Some Northwest cities have legalized residential off-street parking rentals, but in others, the rules for this new business remain unclear. first blogged about this new trend.