HomeAway.com Launches First-Ever Expert Resource For Second Homeowners
HomeAway Owner Community Offers Tips, Advice for Earning Vacation Home Rental Income

AUSTIN, TX, August 29, 2006 — HomeAway.com, the world's largest vacation rental Web site, today launched the HomeAway Owner Community, the first-ever online resource that provides owners of second and vacation homes innovative strategies for renting, advertising and maintaining their rental property to achieve a maximum return on investment.

"With more than 65,000 properties listed on the site, HomeAway recognized that the best way to provide consistent quality for travelers is to create a place that educates and informs the property owners who list on our site," says Brian Sharples, CEO of HomeAway. "The Owner Community does just that it's a place where vacation homeowners connect with each other, tune in to bi-weekly podcasts and access industry news and helpful information."

The Owner Community "Tips and Advice" features research and observations compiled by Christine Karpinski, director of Owner Community at HomeAway and best-selling author of How to Rent Vacation Properties by Owner and Profit from Your Vacation Home Dream. Owners may search by category for best practices on managing second homes and details on how to solve rental-related problems. Topics include Cleaning and Maintenance and How-Tos, such as "Attracting Last-Minute Guests" and "How and When to Raise Rates."

The news section aggregates articles on vacation rental bans, new tax rules, real estate, and mortgage trends, keeping owners, who often don't live in the same city as their property, informed of local issues.

During the "How to Rent by Owner" podcast series, Karpinski interviews fellow industry experts to tackle important topics such as how to find rental insurance for your vacation home.

"When I was new to the vacation rental business, the most frustrating thing to me was finding a trusted, centralized resource that had all the information I needed to make decisions about renting my homes," says Karpinski. "From how to buy or sell your home, to preventative maintenance tips, the HomeAway Owner Community offers owners the tools to increase bookings and develop relationships with other owners."

The Owner Community also enables vacation homeowners to express their opinions and follow trends about relevant issues using the polls feature. The Community Forum, scheduled to launch this fall, allows owners to communicate directly with one another by responding to posted topics.

To access the HomeAway.com Owner Community site, visit http://OwnerCommunity.HomeAway.com .

For information contact:

Eileen Buesing
Director of Public Relations
HomeAway, Inc.
Office- (512) 493-0375