6 Key Factors That Successful Vacation Rental Owners Always Use
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6 Key Factors That Successful Vacation Rental Owners Always Use |
If you are going to spend money promoting your vacation rental home on vacation rental websites, you want to ensure its success. Here are six things you can do to get the most "bang for your buck.".
1. Set rental rates appropriately
If you want to rent out your vacation home, you must be realistic, optimistic, and not greedy. Set reasonable rental prices for your home and verify that the rates are right on the site(s) where it is listed and that they are evaluated on a regular basis as the market changes. Look for similar homes ("comps") in the same area as yours. Only charge a premium if your home has certain distinguishing characteristics. Also, be open to providing discounts on your property as required. In this company, you can't make up lost money on a week-long rental!
2. Check your email regularly
3. Respond immediately
4. Your listing should be accurate and complete
5. Excellent photos
It is true what they say: "A picture speaks a thousand words.". Remember that most tenants are contemplating staying at your property based simply on your photographs and word. The more visuals there are to assist people in feeling comfortable with their selection, the better. Here is how I see it. If you were planning to purchase a used automobile, would you do it via the Internet without first seeing the vehicle's outside and inside as well as the engine? Not quite the same, but you get the idea. The more photographs and the more attractive, the better. Make sure to include images of your rental features, such as a pool, the beach, a mountain view, a lake, or a golf course, since they are popular vacation rental sellers!