Managing your vacation rental property doesn’t need to be a difficult task, and if you can avoid having to pay an agency fees then obviously your investment will be even more worthwhile. Some useful tips for managing your vacation rental property successfully are:
- Arrange to take payments by credit card and bank transfer. Being able to use a credit card to pay can sometimes be the deciding factor for a guest considering several properties.
- Find several suitable places to advertise your vacation rental property. Don’t rely on just one website or one regular advertisement in a newspaper or magazine. Also make sure you are able to include several photographs in your advertising, because this can also make a difference to a potential guest’s decision.
- Make sure you have workable arrangements for cleaning and maintaining the property between guests. If the vacation rental property is near where you live, you may be able to do this yourself, but even then it is helpful to have a cleaner in mind who can help you out at short notice. Hire someone who you trust to let you know if there is anything damaged or not working at your vacation rental property so you can avoid any guest complaints.