Shared parking is not commonly applied in residential areas. The reason is that parking suppliers and managers believe that there are many uncertainties and conflicts in obtaining sharing benefits and taking sharing risks. To increase their acceptance of shared parking in residential areas, risk and benefit factors were identified by an influential analysis and a questionnaire survey. A research framework based on the structural equation model was developed to analyze the relationship between shared-parking risks, shared-parking benefits, management pressure, and intentions of parking suppliers and managers. The results showed that, to parking suppliers, the risks of shared parking have the largest effect on suppliers' intention to apply shared parking by a standardized coefficient of −0.85, followed by the benefits of shared parking (0.29), and management pressures (−0.14). To the parking managers, management pressures have the largest effect on managers' intention to apply shared parking by a standardized coefficient of −0.74, followed by the benefits of shared parking (0.52) and risks of shared parking (−0.46). These results can help in increasing parking suppliers' and managers' acceptance of shared parking in residential areas.