Local Issues

Short Term Rental Ordinance Hits NPUs

October 9, 2020

An ordinance to ban short-term rentals (STRs) in essentially all residential neighborhoods in the City of Atlanta is being discussed and REALTORS® have a chance to be heard.

Council member Howard Shook introduced an ordinance to prohibit STRs in residential neighborhoods in the city. Because this falls under a zoning regulation, all Neighborhood Planning Units, NPUs, have to review the ordinance. These discussions will be held during the months of October and November.

Councilman Shook’s legislation is unnecessary and could be harmful to the real estate industry. What he does not realize is that tools like sales leasebacks that are common in real estate transactions would be banned. His goal of stopping wild parties can be accomplished by enforcing the codes that are currently on the books. For our members that live in the City of Atlanta, we are asking you visit your next NPU meeting to voice your opposition to this measure as written. To see your NPUs schedule and agenda click here.

Key Points:

  • Noise and other disturbance violations can be enforced through current city code.
  • Sales leasebacks, a frequent real estate tool, would be banned.
  • STR platforms are working to prohibit “party houses” on their platforms.

If you have any questions, contact Governmental Affairs Director Aaron Johnson at (404) 732-0631.

About the GRBOR Market Brief

The Greater Rome Board of REALTORS® (GRBOR) Market Brief is compiled by Georgia Multiple Listing Service (GAMLS).For more information on details of this month's report, please contact the Board at 404.845.4025.

*Each month, the numbers reported for the previous month are updated to reflect additional recordings.

About the Greater Rome Board of REALTORS®

The Greater Rome Board of REALTORS® (GRBOR) has been an instrumental factor in the growth of real estate in Floyd County, Georgia for more than a decade. GRBOR serves as a central source of information for its members, with mainly focusing on real estate education, the promotion of professionalism in the industry and representing REALTORS® members with legislative initiatives to create positive change for the real estate community.

About Georgia Multiple Listing Service

Since 1962 Georgia MLS has been providing real estate professionals with exceptional service, proven technology solutions, and unmatched value. With a laser-sharp focus on making the day-to-day tasks of our MLS subscribers more functional, more productive, and more profitable, we continue to implement the service blueprint that has led to our continued growth. For additional information or to start a discussion about how to partner with GAMLS please contact georgiamls@gamls.com.

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