Most people are aware of the advantages of owning a vacation rental property, and know the basic advantages of partnering with a vacation property management company; such as having help to oversee maintenance projects, finances, and listings. However, few people are aware of the benefits of hiring a vacation property management company from the customer’s (renter’s) perspective. The truth is that we live in an age where one-on-one renting is a thing of the past. The vacation rental industry is now to the point where many people will only deal with professional vacation companies, finding them safer and more secure than one-on-one interactions. Here are some of the lesser known advantages of partnering with a vacation property management company when renting out your vacation home.
ADVANTAGES OF PARTNERING WITH A VACATION RENTAL MANAGEMENT COMPANY
1. SOME CUSTOMERS PREFER TO BOOK WITH RENTAL COMPANIES BECAUSE THEY FEEL THEY ARE MORE TRUSTWORTHY
We live in a world where unsatisfied customers may air their grievances online, leading to serious negative repercussions. That’s why some customers prefer to book with rental companies, because they feel there are real consequences for poor quality services. A good vacation property management company will work towards maintaining a good online reputation with your renters, and help you manage and maintain your property so that your tenants do not feel swindled or cheated and leave with only happy feelings.
2. A VACATION PROPERTY MANAGEMENT COMPANY HAS A BROADER REACH AND MORE POWERFUL MARKETING ASSETS
One of the advantages of vacation rental property managers is that they have better promotional assets. Even a small company is going to have a stronger and time-tested social media presence. Many other companies in the vacation sector have at least some online presence, they rank on Google for popular keywords, and they actively work on marketing to attract both you (the landlord) and your guests. Plus, in many cases, your vacation management company will help you market your vacation home by giving you access/use of their marketing assets. At Minnestay we offer comprehensive marketing and distribution services that not only promote your property on leading websites like HomeAway, VRBO, Airbnb, Flipkey and Tripadvisor, but with thousands of listing agents as well.
3. VACATION PROPERTY MANAGEMENT COMPANIES ARE MORE LIKELY TO ADHERE TO HEALTH AND SAFETY REGULATIONS
Backstreet Johnny has a cheap vacation home to let. He offers a good deal that a family on a tight budget can afford, but the family is then left feeling worried about their health and safety. What about the wiring, sewerage, water contamination, guard rails, pool monitor, pest problems, room security, and so forth? Vacation companies and travel agents have a lot of time and money invested in their businesses and the cost of breaking health and safety rules is prohibitive for them. They are more likely to point out your health and safety violations, be they big (rotting floorboards) to small (no batteries in the smoke detector), and they will help you cover yourself and cover their own reputation. Your guests will feel safer when dealing with a property backed by a professional management service as opposed to an individual owner.
4. VISITORS FEEL UNEASY GIVING THEIR MONEY TO A STRANGER AND DEALING WITH A STRANGER ONE-ON-ONE
If you are hiring a vacation property management company, such as Minnestay, then we’ll handle the promotion and renting of your space for you. Today’s modern vacationer feels more comfortable doing most (if not all) of their booking online. No one wants to cold call some random number and negotiate a price with a mysterious party. Using Minnestay as your vacation property management company allows you to enjoy our custom homeowner portal while your guests enjoy our GuestPass app. With our homeowner portal, you can keep track of up-to-the-minute owner statements, invoices, maintenance progress, your property’s availability calendar, and more! And your guests will be able to use the GuestPass app to access property details, key codes, maps, concierge services, and attraction tickets all from their convenience of their smartphone!
6. RENTAL PROPERTY MANAGERS CAN OFFER ATTRACTIVE DISCOUNTS TO LOCAL ATTRACTIONS
Once at your vacation rental, you’ll want to ensure that your visitors are fully enjoying their stay. This usually include providing recommendations for popular local attractions and hotspots. At Minnestay, we take this courtesy a step further by partnering with many of the popular destinations within the area surrounding the properties we manage to offer your guests enticing discounts to popular attractions. From discounted attraction tickets and family amenities packages to bike rentals, we’re able to offer your renters everything they need to relax and enjoy their stay at your vacation rental.
LET MINNESTAY TAKE THE HEADACHE OUT OF OWNING A VACATION RENTAL
At the end of the day, owning a vacation rental property should be a source of joy, not stress. And trying to manage the entire process from creating an online listing through managing guest experiences can be taxing. At Minnestay, we take the hassle out of renting your vacation property. Our full service vacation property management services include everything you need to turn your vacation rental into a successful source of income for your family. From helping you to create the perfect competitive price for your listing to marketing your rental to the right renters, we’ll be with you every step of the way as you rent out your vacation home. To learn more about utilizing our professional vacation rental management services give us a call today!