Whether you own a beach house in Galveston, Texas, or a condo in a nearby city, you can’t simply leave the property to manage itself. It’s also a logistical nightmare, especially if you live in another state. Hiring a vacation rental management company may offer the best solution, and here’s why.
No More Screening Renters
A vacation rental company has access to tools the average property owner does not. They use technology to not only screen renters but to market to prospective renters. As you know, this can be a time-consuming activity. Why not let a professional handle it for you?
You’ll Have More Time
Have you calculated the amount of time you spend taking care of the necessary tasks to keep your vacation property running smoothly? It’s usually several hours each week, especially during the busy season. You’re handling reservations, maintenance, housekeeping, and marketing. When you hire a company that specializes in vacation rental management in Galveston, TX, you can feel confident handing over all these tasks. Maybe you’ll even have time to take your vacation.
No More On-Call
As mentioned above, when you own a vacation property and manage it yourself, you take care of everything. That doesn’t only mean taking care of things from 9-5. You’re on-call 24/7. When the AC goes out in the middle of the night in August, you can’t tell your guests they need to wait until the morning after you’ve had your breakfast. Guests expect their needs will be taken of as quickly as possible. A management company has a team ready to assist with guest questions and any issues that come up during their stay, no matter what time of day or night they call. You can sleep in peace knowing your property is in good hands.
The Joy of Paying Taxes
Think of it as the joy of making a profit. Making a profit isn’t only about collecting the money from renters. It’s also about understanding taxes – most rental companies have a tax accountant that they’re happy to refer you to if you don’t have one. A vacation property management company also stays on top of compliance. Local and state compliance laws change frequently. It’s comforting to know you have someone who keeps up with changes watching your back.
It’s About the Marketing
As you know, it’s not only about collecting the money. You won’t attract many renters if your property doesn’t stand out in the crowd. A good company knows how to give your property the “wow” factor that attracts the best renters. They’ll market your property with well-written descriptions and awesome photos. They’ll also respond to booking inquiries in a timely fashion with a professional demeanor. In short, they’ll do everything you may not be able to do that ensures your property is making money.
If you’re ready to turn your vacation property over to the professionals, contact Soar Vacation Rental Services today. You’ll wonder why you didn’t call sooner!