The sentiment toward leisure travel is on the rise, and that's good news for anyone who owns vacation homes. Are you ready to start earning passive income on your for rent by owner property?
It's not always as easy as it looks. Being a landlord can be a lot of work, especially with the quick guest turnover that happens on vacation properties.
Why not hire a company to help you? A professional property manager will make your life as a landlord far easier.
Not convinced? Read on to learn more about what a property management team can do for you.
Maximizing Occupancy
As someone who owns a vacation property in Hendersonville, you need to work hard to keep vacancies low. While it's a fun destination for history buffs, it's not quite as popular as nearby Asheville, so you may have some difficulty filling rooms.
Professional property managers have experience marketing vacation homes to attract guests and maximize occupancy. They use a variety of marketing channels, including online listing platforms and social media, to reach potential guests and generate new bookings.
Property managers can also optimize rental rates based on local trends and seasonal demand to maximize rental income for the property owner. They know when it's the right move to price lower than normal.
Handling Bookings
Property managers handle all aspects of the booking process. This includes responding to inquiries, managing reservations, and coordinating check-in and check-out procedures. This can save you a lot of time and minimize response times for guests.
They provide quick and professional communication with guests. They'll be able to address any questions or concerns the guests may have before, during, and after their stay on your short-term rental property.
This makes guests happy and encourages repeat bookings.
Providing Guest Support and Communication
A good professional property manager can provide guest services and support to create an enjoyable vacation experience. They act almost like front desk services at a hotel, but virtually.
They provide guests with information about the property, local attractions, amenities, and activities. They can help them make the most of their stay.
Property managers also handle guest requests, maintenance issues, and emergencies.
Managing Property Maintenance and Housekeeping
On that note, property managers oversee all parts of property maintenance and housekeeping. This ensures that the vacation home is in good condition, clean, and safe.
They arrange inspections, schedule routine maintenance, and take care of any repairs or issues right away to prevent problems and preserve the property's value.
Property managers also manage housekeeping services. This way, guests get a clean space without extensive cleaning tasks.
Protect Your for Rent by Owner Vacation Property
If you have a for rent by owner vacation property, hire a property manager to help! They'll help with everything from bookings to maintenance so you can relax.
At PMI Blue Ridge, we help Hendersonville property owners make the most of their investments. We can help you turn your short-term rental property into almost passive income.
Ready to get started? Schedule a consult today!
