Glossary
SpotShare
A feature that lets residents sublet their deeded parking stalls to other residents or the public when they're not using them.
Most condos and apartment buildings have at least 10–15% of deeded stalls sitting empty during peak demand — owners traveling, working remotely, or just gone for the weekend. SpotShare lets those owners list their stall by the hour or day, set their own price, and split the revenue with the property (typically 80/20 owner/property). The property gets occupancy revenue without buying more land; the owner gets a small passive income; visitors get more parking. We see SpotShare lift property-level revenue ~12% on the average condo without any other change.