Vacation Property Rental Managers
Why Vacation Rental Managers Add Value
Now that the restrictions that have governed our movements are gradually being lifted many people are starting to think about that long overdue vacation. To get somewhere warmer and dip their feet in the ocean - or to enjoy a snow-covered wonderland. The point is just to get away from the stresses that have been so much a part of holiday lovers over the past two years.
This is why the services of professional vacation rental managers are increasingly in demand. But just what do these professionals bring to the table when it comes to owners of property that allow people just to sit back and relax?
Firstly there is the fact that the most precious of all commodities that we own is time. It is an asset that can never be replenished - once it is gone, it is gone. Professional vacation rental managers help owners of vacation properties take some time off to enjoy their downtime. And that can help those owners also enjoy some much-needed downtime. Imagine the time that you would spend handling housekeeping, maintenance, reservations, and guest requests, not to mention the inevitable complaints. Let a pro deal with it all - then all you have to worry about when it comes to vacations is where you are going to spend yours.
Let's paint a picture. You meet with potential renters and they seem nice enough, they've just been married and want to spend their first days together at the property that you own in that much sought-after corner of paradise. They pay their deposit and you walk away satisfied that you have just contributed to wedded bliss. When you later inspect the property you find, to your dismay that there are untold dollars in damage - it appears that the champagne might have gone to their heads - or that the quality of tenant might not have been up to your expectations.
Why take the chance?
Vacation rental managers take the stress out of having to vet potential renters. They have access to databases and online resources that allow them to gauge whether or not it's worth taking a risk on those first-time renters. They can screen those who want to take up space in possibly the most valuable asset that you own. Not only that - but they also know how to leverage the power of (among other things) social media to find you quality vacation rental tenants.
These are professionals that know what questions to ask. They are not going to be drawn in by honeymoon stories, they know that the property you own is part and parcel of the investments you hold that provide income - and they are there to ensure that the income you expect is delivered on time, every time.
It may be tempting to list your property as rented 'by owner' in the hope that you will attract those who want to cut out the middleman, but you really want to ask the question 'are those the people I want to attract', people who would be willing to save a buck and run the risk of having sub-standard accommodation during their vacation. That is not to say that your accommodation may be in any way sub-standard, rather it speaks to the caliber of your potential guests.
The flip side of the coin is that many holidaymakers are becoming increasingly sophisticated and when they are looking to spend their hard-earned cash on a vacation they want the very best. this is today especially true - people have been longing for the opportunity to take a break from city life for so long they want assurance that their vacation will deliver. Vacation rental managers give them the peace of mind that they will be getting what they pay for.
Also, remember that there is not only safety in numbers as far as the reach of your advertising is concerned - but there is also safety in numbers as far as the quality of those who are looking for vacation rentals. Most people will immediately turn to established vacation rental sites in order to find accommodation that matches their unique requirements. people trust those sites for a reason - they know that their rental will meet the most stringent of requirements - and they know they will have someone to turn to should the accommodation not meet those requirements. Listing your property as 'by owner' may attract the budget traveler' - not that there's anything wrong with that, but it may also attract those who could not care less about your property - and the damage could far outstrip the deposit that they have paid.
Now that asset that you own needs to be in pristine condition. Should you one day decide to sell your property you will want to know that it has been maintained to the highest standards. A vacation rental agent does not only ensure that you get the highest quality tenants - credit checked and vetted, but also that your most precious investment stays in tip-top shape. They conduct regular inspections to make sure that the care you take of the property pays literal dividends. The bonus is that you will never be getting those 4 am calls to inform you that the guttering has fallen or that tenants are running around the garden naked with squirt guns - your rental agent will take care of your property and those calls need never be answered because they simply will not happen.
Like any investment your rental property needs to deliver a maximum return - but how do you know what the market will bear or how desirable your property location has become? A rental agent does all the math and forecasting for you and will provide you with the information you require to maximize your investment.
When all is said and done enlisting the help of vacation rental managers simply makes sense. those who ignore this fact may as well have given a ticket to their common sense and told it to return once it has had its fill of margaritas.