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Monday
Jan212013

"It is such an inconvenience and it is risky renting it out to people you don't know…On the other hand, boy, it would be nice to pay for my daughter's college tuition."

Jessica Parks of the Philadelphia Inquirer looks at the possible $20-60,000 windfalls for homeowners near Merion should they be able to rent out their homes during the 2013 U.S. Open.

So far, business is slow but it's early!

Bob Thomas, a Main Line real estate agent and golf enthusiast, said he sent out one round of flyers a year ago. The rest of his would-be rentees came through word of mouth. His website, 2013golfrentals.com, has 92 listings organized by walking distance to the gate.

Thomas said he's had numerous inquiries from prospective renters, but no signings yet. He's confident the deals will ramp up in the next few months, as spectators begin to make travel arrangements.

"People are still holding on to their money, paying off holiday bills," he said. "Corporations are still working out their budgets for the year."

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Reader Comments (12)

i'v got a 7 bedroom house 20 mins from Gleneagles.Any offers for 2014?!!!!!!
01.21.2013 | Unregistered Commenterchico
"People are still holding on to their money, paying off holiday bills,"...

Bob, hate to break it to you but people struggling to pay holiday bills are not candidates for your service.
01.21.2013 | Unregistered CommenterDTF
People living near The K Club are still holding out for the really big Ryder Cup rental money.
01.21.2013 | Unregistered CommenterEternal Optimist
Maybe they could sponsor Phil to get the word out. Plus, he could use the money from the sounds of it.
01.21.2013 | Unregistered CommenterHilltop
I think most homes that get rented will be rented by corporations, for entertainment purposes.

I worked for Nortel during the 1997 Ryder Cup, and they rented a house just outside the main gate. They flew in their top customers and feted them around the clock.

And I'm sure they returned the house in better condition than they found it.
I would think several players would be customers.
01.21.2013 | Unregistered Commenterdigsouth
I doubt that players would want to rent a house that abuts the course, while I am sure that corporations do.
I know a guy in Pinehurstthat did quite well in '99 and '05 . You really need a sweet location to get top dollar.
Del: +1.

Won't be there for the RC, chico, but I am coming your way this July! ;-)
01.21.2013 | Unregistered CommenterKLG
There are no hotel rooms near the course b/c there are no hotels near the course. Also, supposedly the USGA has already booked out most of the suburban hotel rooms in KOP and Conshy. I hope it doesn't turn into an Occupy movement style squatters village!
01.21.2013 | Unregistered CommenterAmen Coroner
great stuff KLG!
01.21.2013 | Unregistered Commenterchico
To tie this in with the Phil M tax whine. Any income for up to 14 days rental is tax free. I've heard this is thanks to the congressman from Augusta.
01.22.2013 | Unregistered CommenterSomeone Else

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