Category Archives: sharing economy

Business TREND. Real Estate & Ride Share Join Forces

House flippers are paying ride share drivers to take pictures of property that is ripe for flipping.

What fees are being paid to ride share drivers?

  • $1,500 per referral
  • A certain % of the net profit on a successful flip

Wall Street Journal | Uber Drivers Seek Extra Cash Working for House Flippers

The Real Deal | Drive-by flipping: Companies hiring Uber drivers to spot homes ripe for sale

KCBS | The Unexpected Role Of Uber Drivers In The Real-Estate Industry

BUSINESS TREND. Car Ownership Subscription Service.

Transportation industry forecasters say Uber and Lyft will re-write the book for subscription transportation services and shared ownership

Why is shared ownership becoming a thing?

  • car ownership under the age of 25 is declining
  • people realize they can recover the cost of ownership when they aren’t using their car

Reuters | Uber and Lyft to turn the wheels on car ownership: industry experts 

 

New TREND. Laws ad Regulations Concerning Ride Share Driver Car Recalls.

Why are we worried about ride share driver car recalls? Consumer Reports says 1 of 6 Uber and Lyft drivers in New York City & Seattle areas are driving vehicles with outstanding recalls

Does this hold true for taxis too?  yes, 1 in 4 taxis

is there a non-legislative or regualtory solutions? Yes, Uber  deactivates drivers with outstanding recall that’s serious enough to prompt a “do not drive” warning

AP via SF Gate | Report: Many Uber, Lyft drivers fail to respond to recalls

Regulatory TREND. Employment Status of TNC Drivers. Ride Share Drivers.

Remember how we talked about California regulators first entering the discussion of whether drivers are contract workers or employees? The issue is growing like a chia pet’s hair

This week the National Labor Relations Board issued a memo that the drivers are indpendent contractors.

This follows the April 29th letter from the Department of Labor. 

Competitive Enterprise Institute | Regulators Find Uber Drivers to Be Independent Contractors

Local TREND. 3 Examples of strict local Scooter Ordinances

City: Tampa, FL

What 3 local scooter requirements are being labeled strict?

  • Companies required to collect and keep thescooters coralled
  • Only on the dies walk
  • 6 mph speed cap set internally in the scooter

What else do I need to know about this local ordinance?

  • temporary pilot program
  • includes 4 companies ( Lime, Spin, Jump and Bird)
  • 18 years or older
  • driver’s license
  • Each company must offer a 24 hour liaison and 1-800 hotline
  • It could be preempted by statewide scooter legislation that…

Lege TREND. CAR Sharing Legislation. Its the NEW Ride Sharing Legislation.

State: Colorado

Legislation:  Peer-to-peer Motor Vehicle Sharing Program SB 19- 090 (2019 | CO) 

Insurance liability? Yes, insurance from the owner, driver, OR program. Butm if the program (app) holds the insurance the coverage has to be 3times.

What about insruance comapnies, can they deny to offer this coverage? Yes.

Denver Business Journal | New car-sharing regulations OK’d by Colorado legislators