You’ve spent time researching which vacation rental sites are best and have finally made the decision to start renting out your property while you’re away. The next step is managing your Airbnb or vacation rental business, but if you haven’t hired the right company to handle this work for you, you may find yourself overwhelmed with dealing with guests, cleaning, repairs, maintenance, and everything else that comes along with running an Airbnb business. To learn more about how hiring an Airbnb or vacation rental manager can benefit your vacation rental business, read on!
Don’t Do It Yourself: The Benefits of Hiring an Airbnb or Vacation Rental Manager – Presented by ALLUVION Vacations, Hudson Valley’s Premiere Vacation Rental Management Company – Airbnb Photography by ALLUVION MEDIA
They give you peace of mind
When your guests have a problem, you’ll be able to refer them to someone who can help. You won’t have to worry about dealing with customer service issues and property damage. Professionals offer important resources that homeowners simply don’t. This makes it much easier for you to focus on your business goals instead of running around fixing problems.
They save you time
There are so many things that need to be done in order to create a comfortable and inviting vacation rental, especially if you want your property to stand out. From checking in guests and providing them with recommendations, to make sure their stay is as pleasant as possible, there’s a lot on your plate when you own a vacation rental. However, it doesn’t have to be overwhelming.
You get access to local expertise
you can trust that your vacation rental manager has up-to-date knowledge about local laws, policies and regulations. You also know that you’re working with someone who’s experienced in dealing with a wide range of property issues. Whether it’s a minor plumbing problem, broken window glass, extreme weather conditions or a family emergency—your vacation rental manager can be on hand to help solve problems at any time.
They increase your revenue
Increased income is, by far, one of the best benefits of hiring a professional to manage your vacation rental. According to Top Ten Reviews’ 2013 Survey on Vacation Rentals, vacation rental managers bring in around $1.8 million per year on average. Compare that with approximately $180,000 if you manage your property yourself! If you’re looking for more bang for your buck, hire a vacation rental manager. Having someone else handle these tasks allows you to spend time focusing on other important aspects of your business. For example, they can help market and advertise your listing so it gets maximum exposure online and in print media. You can focus on other parts of your business: As previously mentioned, there are plenty of things that go into running a successful vacation rental company – from dealing with guests who complain about problems in their unit to collecting rent from tenants who may be late paying rent. A vacation rental management company takes care of all these issues for you so you don’t have to worry about them while trying to build up your client base.
Get second opinions
Another thing to look for when you’re looking for an Airbnb or vacation rental manager is experience. In addition to managing other properties, many managers have also been in a position where they had to mediate between multiple guest requests. Having someone on your team who has done that before can make your life so much easier.
Checklist with benefits
There are tons of benefits that come from hiring a Vacation rental manager, and below is a checklist to help you decide whether it’s time to hire your own vacation rental management company.
- Do you have a spare room that’s sitting empty half of each year? If so, how much money do you think you could bring in each month if someone was renting it out for short-term stays?
- How many nights would they need to rent it out per month to cover all of your expenses?
- How many nights would they need to rent it out per month just to make some extra cash?
- Are you planning on doing any traveling yourself anytime soon?
- What happens when you travel (or when one of your renters travels)?
- Are there any other ways that having a vacation rental property can benefit you personally or professionally?
- Is there anything else I should know about why you might want to start managing your own vacation rental property?
- Is there anything else I should know about why you might not want to start managing your own vacation rental property?
- Would you like me to find a Vacation Rental Management Company for you, or would you prefer to manage it yourself with my help?
- What is most important to you right now – finding a great Vacation Rental Management Company or managing it yourself with my help?
About ALLUVION Vacations:
Alluvion Vacations is a full-service marketing and vacation rental management company created for Airbnb and VRBO hosts. We make the process of renting your home to guests fast, easy, and secure.
We handle property management and marketing tasks so you don’t have to – from collecting reservations and payments to cleaning between guests and customer service. Alluvion Real Estate is the only Vacation Rental Management Company that offers world-class vacation rental marketing and optimization services including property branding, publications in local and national media, social media marketing, and advertising campaigns with top travel influencers from around the World.