Georgetown Implements New Permit Requirement for Short-Term Rentals Starting November 1

Georgetown’s New Permit Requirement for Short-Term Rentals

GEORGETOWN, Texas — Grab your calendars, folks! Starting on November 1, property owners in our charming city who rent out their homes on platforms like Airbnb and Vrbo will need to acquire a special permit. But you might be wondering, why the change? Well, let’s break it down for you in friendly, everyday terms.

Why the Change?

Local leaders in Georgetown have some solid reasons for this new requirement. Kim McAuliffe, Georgetown’s Downtown & Tourism Director, explains that this move aims to ensure that short-term rentals are properly registered and compliant with city rules. It’s all about keeping our neighborhoods in tip-top shape while also being considerate of everyone who lives here.

McAuliffe shared, “[We want] to make sure we are continuing to keep that quality character in our neighbor… Maintain that quality of life for our residents.” This initiative allows property owners to address any concerns that might come up, making it easier for neighbors to report issues directly to them.

Keeping It Balanced

Another important factor is ensuring that we don’t end up with too many short-term rentals clustered together. That situation could create a real headache for long-term residents. Georgetown is committed to maintaining a balanced and harmonious community, even as the city grows. With about 280 short-term rentals already in town, officials want to make sure that this system works for everyone.

How It Works

Now, let’s get into the nitty-gritty. To operate as a short-term rental, you’ll need to register your property and pay a fee. For the first year, the cost is $100, and this can be renewed annually for $50. It’s a reasonable price to ensure that everything is above board while benefiting our lovely town.

A Property Owner’s Perspective

We spoke with Terry Dittmar, a local property owner who has been renting her house near Georgetown Square through Airbnb for the past seven years. She expressed her approval of this new rule, saying, “I do pretty well. I go through one platform. I could probably do others but this is a good pace for me.”

Dittmar added her thoughts on the inevitable need for regulation, sharing, “The city is growing at the rate it’s growing… It’s what you need to do to make it good for both the property owners and the neighbors.” This shows a welcoming attitude towards the changes and a commitment to community well-being.

Revenue Opportunities

On another note, McAuliffe mentioned that this program will also help the city collect hotel occupancy tax, which brings in extra funds to support local services. Georgetown is projecting to rake in $600,000 from this revenue in its first year alone, which could be a game-changer for community projects and improvements.

Conclusion

So, as we look forward to these changes taking effect, it’s clear that Georgetown is taking thoughtful steps to manage growth while keeping the community’s best interests at heart. Whether you’re a property owner, a neighbor, or just someone who enjoys the charm of our city, these new permits could lead to an even more inviting atmosphere here in Georgetown.

As we all adjust to the new rules, we hope to keep the lines of communication open and ensure that everyone continues to enjoy living and visiting our beautiful city.