Everything You Need to Know about Hiring a Property Manager
Nov 21, 2019 | By: Soar Vacation Rental Services
You need effective vacation rental management to keep customers happy and your property booked. The thriving Galveston market attracts families, couples, business travelers, and more. If you’ve been trying to manage your rental property yourself and are coming up short, don’t worry! Hiring a property manager can ease your stress and increase your bookings. If you’re a property owner, you may find rental management companies useful when faced with the following:
You have multiple rentals to manage
You live too far away to realistically keep up with maintenance, cleaning, pre-arrival inspections, inventory needed, etc.
You feel overwhelmed by the process, especially all the calls and text messages, tax collection and payment
The day-to-day management that can be stressful
Your using a property management company but still doing all the heavy lifting
This is the first question you need to ask yourself. Where are your greatest frustrations and concerns? Do you want to leave all aspects of managing the property to someone else? Knowing what you need from the get-go helps narrow down your choices and reap the most benefits from your investment.
Find Out What Properties the Company Manages. Check reviews and references
Once you start researching property management companies, you discover quickly that they’re not all the same and do not all operate at the same level. Are you more comfortable with a large global company or, a local company?
How Do They Maintain the Property?
Management companies are responsible for maintaining the property so that guests have a remarkable experience every time. So, ask them the following questions: What kind of maintenance do you provide and what will be the cost? Do you maintain pools and wet areas and what does that process consist of? Do you offer high level cleaning services? Can you manage the landscaping maintenance such as watering, mowing, and weeding and how about pest control?
Choose a management company that offers the services you need and that works with trustworthy vendors.
How Do They Handle Bookings and Promote Your Property?
Without argument, this is one of the most important questions. Hiring a full-service rental management service means they’re as invested in your success as you are. In a crowded market like Galveston, you need a management company that uses innovative methods to advertise your property. The best vacation rentals may have all the amenities, but none of that matters if no one sees your listing.
Another critical component of property management is effectively handling bookings. When you have multiple rental agreements going at one time across several properties, this gets a little tricky. However, a good property management firm should handle the bookings like a pro. Not only do they book the property, but they also handle cancellations, date changes and all guest correspondence.
If you’re looking for a full-service vacation rental service in Galveston, visit https://www.soarvacationrental.com/ to learn more about Soar Vacation Rental’s services for vacation property owners and investors.