There are several advantages to renting out your home, and short-term rentals are among the best. You've probably also realized that running a short-term rental takes significant effort and time. Some owners assume that by maintaining their property, they are saving money and generating more profit overall. But this is not always the case.
Companies like Desired Stays, specializing in short-term rentals, know precisely what it takes to maintain profitability. Our expertise can help you optimize your profits while keeping your property safe.
Benefits of Hiring a Professional Short-Term Rental Operator
Increased Property Exposure
One of the primary advantages of employing a short-term rental operator is that it will help you get your property in front of a larger audience. The team will dramatically boost your home's online visibility through social media platforms, Airbnb, VRBO, local listings, and other sources. There is no disputing that having a good internet presence may be quite helpful, given that over 80% of reservations are made online. Cohosts at Desired Stays will help your listing get more exposure. We'll advertise your home on several sites, take professional photos, and keep track of all the details for you.
Maximum Profitability
Regarding vacation rental properties, variable pricing models are the most profitable in many major cities. Instead of charging the same fee every night of the year, some establishments will levy higher rates when business is brisk and reduced rates when it is quiet. Demand for vacation properties will rise throughout the weekends, important local events, and the busiest time of year for vacationers. As Desired Stays is well-versed in the inherent ups and downs of the local market, they'll be able to maximize your rental income while guaranteeing that your property is consistently rented.
Routine Maintenance and Cleaning
If you want your guests to be happy, you'll need to thoroughly clean the home between each rental. Instead of constantly cleaning your properties, hiring a professional to do it for you is much more convenient. In the rental property sector, cleaning is included in the rental price, so employing a cleaning company won't impact your bottom line. Changing light bulbs, patching leaks, and everything in between are all part of the Desired Stays rental property service. We'll ensure your property gets the Airbnb Superhost status so your guests can trust you.
Opportunities of Growth
A successful vacation property investor will likely want to expand their portfolio by purchasing new properties. You can't own too many homes if you handle all of the guest interactions, cleaning, and marketing. Ultimately, there is only so much time in the day. With a short-term rental cohost like Desired Stays, you'll be able to expand your homes and increase your earnings.
Better Guest Communication
You must communicate effectively with all of your guests if you want them to return to your facility. Bad ratings can result if a property owner spends more than a few minutes replying to a guest's inquiry. A full team means you won't have to check your phone and ensure your visitors are delighted continuously. The team will be able to manage all correspondence and handle any complaints that may arise. At Desired Stays, we make sure your guests leave you a 5-star review.
Enhances Your Property's Value
Investing in a well-managed property is more profitable than investing in one that is not. This is because a full-service operator will guarantee that your property is always looking its best. Desired Stays will ensure that your rental property is under complete control and is being cared for by a team of specialists.
Payments and Pricing
A full-service operator often manages the dynamic pricing approach for your listing. They'll have access to a wealth of data-driven resources to help them determine how best to price your house. It can be difficult to keep track of payments if you receive bookings from various sources. Rent will be collected on time, thanks to the procedures by the professionals at Desired Stays. We'll also take care of chasing down late-paying tenants on your behalf. This ensures that you will always be paid on schedule.
Let Us Manage Your Short-Term Rental Properties Efficiently
Homeowners no longer have to deal with the hassles of managing a short-term rental; at the same time, their investment is more profitable thanks to Desired Stays. As part of our short-term rental services, we handle everything from the design and setup of the property through the marketing and communication with guests to the turnover and upkeep of the property.
Comments