What do you know about vacation home property management? Do you own a home in Vail or the surrounding areas and you want to use it as a vacation rental? There’s a lot to know about what a management company can do to make your life easier. Let’s look at the most important things you need to know before you decide on hiring a management company.
Customer Service Can Make or Break Your Investment
One of the most important factors in a successful vacation rental is customer service. You need to make the check-in process simple and quick. Also, understand the needs of your renters. Be available for special requests and assistance during their stay. Finally, support them from the time they make the reservation until the time they head back home. This is something to look for in a vacation home property management company. They should be able to provide top-notch customer service.
Marketing Is the Key to Good Tenants
To get the right renters into your property, you must do the right kind of marketing and advertising. You have to market to the proper demographic. Vail is a luxury destination, so you want to attract tenants who will pay the premium expected in this area but who will also take care of your property when they’re in it. Vacation home property management companies can do all this for you, including vetting the applicants before signing contracts.
Cleaning and Upkeep with Vacation Home Property Management
With good marketing and a great location, a vacation rental will have a high rate of turnover, which is exactly what you want. But with high turnover comes frequent cleanings and regular upkeep. This includes sheets and linens changed, bathrooms cleaned, and kitchens and bars restocked. Also, snow needs to be removed, repairs made, and preparations done to get rid of the signs of the last guest and get ready for the next one. Most homeowners do not have the time or availability to take care of this, especially if they don’t live in the area. This is another valuable way a vacation home property management company helps you have a successful rental.
It’s a Business, Even If It’s about Vacations
Are you contemplating using your Vail Valley property as a vacation rental? Or are you deciding whether to hire a management company. Remember that your rental is a business. Are you just looking to make some extra income when you’re not using the home? It’s not just about vacations. The right tools, support staff and careful oversight will all work to make your investment profitable.
There are some great benefits to having a vacation rental property, but don’t go into it blind. Hire the right team to support you. For the best vacation home property management in the area, contact our pros at Fireside Properties.