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Tips on Selecting the Best Vacation Rental Property Management Service Many vacation rental property owners are today looking for more flexible options when it comes to managing their investments. Platforms like Airbnb are not only experiencing an incredible growth rate in the short-term rental business but have also introduced the highly attractive programs like Airbnb property management. This property management service allows you as the property owner to list your rental and get an experienced host to manage every aspect of the property for you. To select the best property manager for your vacation rental, you will want to consider these few tips. Check their portfolio of properties they have managed in the past. While short term property management by independent hosts has become quite popular, you must find out how many properties they have handled, which location they offer services and what type of properties they manage. The ideal property manager will have years of experience in both the accommodation and hospitality industries. Analyze their portfolio to understand their experience in managing your type of rental property in your area. An experienced manager with a large portfolio of properties will offer you better management services. Choose a rental property manager with a list of partnerships in the rental property market. Property managers that maintain a strong network of partnerships are able to promote and manage your property more actively. The ideal rental property manager should be connected to a few global booking platforms, leading local booking agents and top property listing companies. They use these partnerships to find the right tenants for our property. Their role is to ensure that your property occupancy level is always high. If your property manager has no connections, you will have problems trying to meet your occupancy needs.
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Ask the property manager what type of service packages they offer. Do you want a full management solution for your rental property or specific tasks? Most rental property managers will offer marketing services, management services and extras like cleaning services. It’s always best to hire a property manager who can offer you a complete service solution for peace of mind. You will want property management needs to be accommodated with a choice of packages or services that meet your specific needs. Ensure that key services like 24/7 concierge service, cleaning, branded welcome packs, Wi-Fi and other add-ons are included in their main package.
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It’s also good to know what you should expect in terms of the success of your rental property. Established property managers who have been managing other rentals in your location will easily tell you what to expect in pricing and bookings. They can point out what makes your property unique and ensure that your listing price is attractive. Ask the property managers to give you a few references too. You can always learn a lot from other property owners who have used the services of host property managers. With their feedback and these few guidelines, you can now choose the most suitable property manager for your short-term rental.