Renting out your vacation home is a way to cover your expenses and turn a profit, while providing fabulous vacation experiences to many families. For many vacation rental home owners, finding the time for upkeep, maintenance, accounting, correspondence with renters, and managing the channels such as Airbnb and Vrbo can take a significant amount of time, with interruptions day and night at times.
If you want to ensure your guests have the best possible stay in your vacation home, hiring a vacation rental management company can make the vacation rental management process a breeze.
Benefits of Hiring a Property Manager for Your Rental Home
When you hire a property manager for your vacation rental, you can expect to receive many benefits that would be difficult to acquire on your own, especially with limited time. You can also customize which services you want, to help maximize these benefits:
- Management of marketing the property to show why it’s a premier vacation rental.
- Utilization of booking software that provides calendar integration for easy visibility across different applications.
- Services provided for booking reservations, handling cancellations, and processing payments.
- Overseeing departure clean ups and laundry service management.
- Setup of pre-arrival inspections, evaluating and addressing any needs if necessary.
- Correspondence with renters in regards to reservation questions.
Property managers will also be able to provide expert advice on how to maximize your rental income and keep your property in top condition. A property manager can take away the worry and stress of managing your vacation rental property.
6 Tips for Choosing the Best Property Management Company
1. Check reviews, company structure, and make sure they are local, and highly experienced in the area your vacation home is located
One of the most important things to look for when hiring a vacation rental management company is that they are local and have extensive knowledge of the area. The small, local establishments tend to be more hands on, personalized, available, and knowledgeable of the area.
2. Choose a Reputable Company with Extensive Experience in Vacation Rental Management
Companies with extensive experience in vacation rental management will have the knowledge and expertise necessary to manage your property effectively. A company that has been in the business for many years will have a wealth of experience when it comes to renting out vacation properties, and they will know how to handle just about any situation that may arise. It will be important to carefully review their website to see how their properties are displayed. Everything from photographs to listing information should be professionally done.
3. Find a Company That Offers a Comprehensive Package of Services
When searching for how to pick a rental management company, it is important to find one that offers a comprehensive package of services. Some things to look for in a comprehensive package include the following:
- Marketing
- Payment processing
- Check-in and check out
- Maintenance, repairs, and cleaning
4. Select a Company That Uses Leading-Edge Technology
In order to find the best possible renters for your property, choose a company that uses leading-edge technology throughout. This way, you can be sure that potential renters will be able to find your property easily, calendars are synced and that they will have all of the information they need at their fingertips. Look for a company that uses an industry leading property management system, and promotes their rentals on online platforms such as Airbnb, Vrbo, etc.
5. Choose a Company That Provides 24/7 Support
Another important thing to look for when choosing how to pick a vacation rental management company is 24/7 support. You’ll want to be sure that someone will be available to help your renters in case of any problems or emergencies.
6. Look for a Company with a Proven Track Record
When you are trying to figure out how to pick a rental management company, one of the most important things to look for is a company with a good reputation. You can research companies online and read reviews from past clients to get an idea of their level of service.
Make sure to choose a company that has mostly positive reviews and is known for providing excellent customer service.
By following these tips, you’ll be able to find the best property management company to partner with for the management of your vacation rental. With their help, you can enjoy vacation rental ownership.
Take Your Vacation Rental Property to the Next Level with Soar Vacation Rental Services
Soar Vacation Rental Services is a property management company with years of experience in managing vacation rentals. Soar offers a comprehensive package of services, invaluable local knowledge, and the warmest Southern hospitality.
If you’re ready to optimize your vacation rental property and take advantage of the benefits of vacation rental ownership, contact Soar Vacation Rental Services today. We’ll be happy to answer any questions you have about our services, whether you are needing part-time or full-time services.