- No More Wake-Up Calls
Rest easy. There’s a problem at your vacation rental, and as the property owner, normally it’s your job to fix it. When you work with Premier Vacation Rentals, it’s no longer your worry. You can rest easy knowing you won’t be awakened in the middle of the night because of a problem with your property. As your vacation rental manager, we will get the call and respond accordingly.
- Turbocharged Renter Sourcing and Screening
Vacation rental managers have access to a wealth of tools and resources that enable them to find new renters faster, helping you to keep those vacancy rates down. Not only that, but they’re also able to thoroughly screen renters. They know what to look for and what questions to ask. Many owners assume they’ll be able to replicate the revenue success of vacation rental managers by listing “by-owner”. While this may have been the case many years ago, technology, a wide array of distribution channels and networks, and the ever growing sophistication of vacation rental marketing make it more likely that your vacation rental manager will not only outpace any individual listing, but they’re likely to cover most if not all of their fees by the additional revenues they’re able to achieve, while shouldering all the burdens of management.
- Relationships with Maintenance and Repair Services Providers
When you work with Premier Vacation Rentals, you no longer have to be on-call for maintenance and other similar issues. As your vacation rental manager, we schedule routine maintenance and inspections so that small issues have less of a chance of getting out of control. When repairs are needed, our manager will personally oversee the repair . Because this is our business and our passion, we have a list of reputable maintenance and repair personnel that we deal with on a regular basis; vendors we know will do the job right, the first time.
- Laws, Rules, Regulations and Your Property
Vacation rental laws and regulations are ever changing. Keeping up with them could be a full time job for a property owner. Not being “up to speed” on them could cause problems resulting in legal battles. As your rental manager, know that we make it our business to know all the latest rules, making this one less worry for you.
- Get Yield Management Right
Unless you’ve priced for airlines, hotels or rental cars, you may not know about or have a handle on the strategies and technologies used to maximize rate, occupancy and the subsequent gross revenue. An experienced vacation rental manager who knows the market is familiar with that sweet spot: the amount of money that you can realistically charge without risking longer vacancy rates.
- Allow Us to be Your Eyes and Ears
Whether you live in town or across the country, as a property owner, you’ll want to feel you’re your rental property is being cared for the way you’d care for it. Premier Vacation Rentals routinely checks on your home. We ensure your property is well-maintained which gives it an occupied appearance to the outside world, providing an added level of security and the peace of mind that can sometimes be difficult to achieve as a remote owner.
- Get Your Time Back
Managing just one vacation rental requires a significant amount of hours per week to deal with housekeeping, maintenance, reservations, guest requests etc. Ask yourself if your time could be better spent in your primary vocation, or just enjoying time with your family. Usually the answer to that question is a definitive yes. Dealing with local tax laws and compliance can be another unappealing burden. We file sales and lodging taxes for you.
- Never Worry About Housekeepers or Maintenance Providers
Professional vacation rental managers handle all of the housekeeping and maintenance logistics. They get the phone calls when a housekeeper is sick, or somehow falls behind and can’t make it to your property on time for an arrival. Housekeeping is a business with high turnover that requires an active and engaged effort to ensure consistency and quality. Your time could likely be better served not having to engage with these aspects of managing the property. Vacation rental managers also have the expertise to manage and work with maintenance service providers to quickly evaluate and resolve maintenance issues while costing you as little as possible for quality work. Is the snowplow late? Your vacation rental manager can likely handle that kind of issue far more expediently and effectively while maintaining guest satisfaction than you can from afar.
- Dealing with Customer Requests
Vacation rentals, just like any service business, is replete with customer requests and needs, no matter how much you attempt to anticipate them in advance. These calls come in at all hours of the day, and require immediate effort to ensure the customers expectations are exceeded and the renter’s property review remains a very high grade. Many homeowners underestimate the amount of impact this will have on their lives and the amount of effort it takes to resolve even basic issues from afar.
- Have the Freedom to Invest in Better Housing Markets
Finally, vacation rental managers make life easier — so much easier, in fact that you may be tempted to get yourself a few more vacation rental properties. With a vacation rental manager, you’ll even be able to invest in properties that are out of town; since you won’t be managing them yourself, it won’t matter where you invest. This allows you to take advantage of more affordable or growing housing markets.
Owning vacation rental property can be a great investment, and its a lot more fun to own than a stock certificate. But, as you can see, having a vacation rental manager can make your life so much easier. If you own rentals, but are feeling overwhelmed, do yourself a favor and look into getting a vacation rental manager to take some of the load off. You won’t regret it!