Every year, at least a million people pay a visit to San Cruz's gorgeous beaches.
If you're a local property owner, seeing tourism numbers like this should pique your interest. With so many annual visitors, there's a major opportunity to make extra income by renting out your home as a vacation property.
Doing so can enter you into the world of real estate investing, but running a For Rent by Owner vacation rental is anything but easy. When you do it successfully, it can feel like a full-time job. That's why so many people choose to hire short-term rental management.
Today, we'll explain what these professionals do and how they can help you run your vacation rental. Keep reading and start marking money off of your home.
Get More Bookings
One of the most important services that a vacation rental property manager provides is property marketing. When you're starting as a vacation rental owner, you have to contend with dozens of existing vacation rentals that have guest ratings and reviews - these are the ones people will book first.
That is unless you've got a strong marketing plan. A vacation rental manager will help you create a detailed property listing accompanied by plenty of professional-quality real estate photos.
They'll also help you post this listing on the most important vacation rental platforms. If need be, they can employ a variety of marketing tactics (SEO, social media, etc.) to ensure more eyes are on your listing.
Booking Management
If you do marketing the right way, you'll end up with your first bookings. A property manager can help you manage bookings so that you're never in the dark about what's happening with your property.
When you live part-time on your property, they'll make sure they know your schedule and make the property unavailable during those times. When a booking happens, they'll make sure you know about it and deal with any guest questions/concerns ahead of the booking.
Happier Guests
Once your guests arrive, property management really shows its worth. From the moment they set foot in your home until they check out, your property manager will ensure your guests are never left wanting anything.
They'll be available to answer any questions or concerns without infringing on your guests' privacy. When they check out, they'll encourage guests to leave a positive review. The more positive reviews you have, the easier it'll be to secure future bookings without the use of extensive marketing.
Property Maintenance
Lastly, they'll ensure renting out your property to vacationers doesn't send it into disrepair. They'll handle cleaning after guests check out and make sure the right vendors come in to perform inspections and repairs. Staying on top of maintenance will keep your property in better shape for longer.
For Rent By Owner Vacation Property Help
These are the main ways property managers can help For Rent by Owner vacation rental owners. Renting out your home is lucrative, but it can be overwhelming at times, too. Hire the right property manager and they'll take a lot of the most time-consuming tasks off your plate.
For those in Santa Cruz, the best property manager is PMI Santa Cruz. We're a full-service property manager, offering all of the things mentioned here and then some. Contact us today to learn more.
