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What does a full-service vacation rental property management company do?
Anytime you stay at or view a stunning vacation home online, you can rest assured that countless hours of time and effort went into creating that successful vacation home. If you asked that vacation home's host, they'd surely compare their work to a 24/7 job. And they'd be right! From marketing, handling of bookings, guest service, and communication, cleaning and sanitizing and the endless preventative maintenance to the home, the job can feel never-ending.
When looking for help with your vacation rental business, you'll come across numerous management companies, managers, and savvy technology solutions to help. Many companies may offer a la carte services that have a focal point on marketing, or listing platform management, maybe housekeeping and stocking, of tech that can help solve specific tasks. All these services can add up and be cumbersome to manage at one time. A clever homeowner may turn to an all-in-one full-service vacation rental property management company that can handle it all, and at the same time, increase profit and ease of stress.
What is full-service vacation rental property management?
3 am phone call from the mid-week guests? It's handled! Home being completely sanitized and cleaned after a check-out? Done! 24/7 marketing of your property by email campaigns, online advertising, social media spots, and creative search engine SEO? On top of it all! Full-service vacation property management never rests. Take a look at just some of the ways they watch out for you, your home, the guests, and your stress level!
The marketing of your vacation home
One of the biggest challenges that a full-service vacation rental property management service will undertake for you is the time-consuming work of promoting your home. Your home isn't usually featured in one or two platforms either, but boosting your home's visibility online 24/7 everyplace!
From managing your rentals listings calendars on booking platforms like Airbnb to continuously marketing offers to past guests via email, regularly posting on social media like Facebook and Instagram, and zeroing in your SEO content for higher search engine rankings.
Host Boise's core level of service handles all this and more for you. Creation of eye-popping listings to professional photography with free 3D virtual tours, and slick descriptions enhancing your home's listing.
Cleaning and sanitizing after every stay
Looking for an enthusiastic review and securing a guest for life? First step is wowing them with an emaculatly clean home upon arrival! Full-service vacation rental management companies use high quality professional hospitality oriented cleaning staff.
One step better... Host Boise hires and trains it's own employed housekeeper specialists, not contracted services or outside companies. This way we can assure a consistent through cleaning every single time! Host Boise even stocks your home with free starting guest essentials, like soap, shampoo, trash bags, paper towels, toilet paper, laundry detergent, dishwasher detergent and even more.
They’ll perform preventative maintenance and schedule repairs
From burnt-out lights, and loose door hinges to scheduling appliance repairs, full-service vacation rental property managers take care of it. When a guest calls or has a concern, Host Boise is there to repair and keep their stay on track!
Host Boise employs actual staff and not outside contractors for regular maintenance and housekeeping, this enables us to keep service consistent and thorough. The Host Boise Team is the eyes and ears of your home.
When repairs arise out of our comfort zone, Host Boise will coordinate with the right professional for the job, all while conducting inspections and routine checks on the home for damage and missing items.
Set up dynamic pricing of the nightly rate to improve revenue
The more advanced full-service vacation rental management companies will use dynamic pricing software to price the nightly rates to compete on a daily basis with other vacation rentals and hotels in the area. Host Boise doesn't just rely on technology either, we apply our vast experience and knowledge of OUR community and factor in events in the area, weather conditions, market demand, length of stay, and much more!
Guests - Screen out the good from the bad
A competent full-service vacation rental property management company will have your home's security as #1! Host Boise can be a roadblock to the road of bad and disorderly guests trying to stay in your home. From analyzing the signs of guests looking to throw parties, or bringing unauthorized guests & pets, to treating your home like it's an abandoned building.
By creating minimum age requirements and a red flag system based on our experience in the vacation rental business, Host Boise will follow up on suspicious behavior and investigate potential issues while not bothering respectful guests.
Income performance and tax handling
Full-service vacation rental property managers will track and record your homes revenue, bookings and all related information for you to review. From collection and submittion of all city, county, state and/or federal taxes, assitance with permit requirements and owner statements and end of year 1099s.
What are Vacation Rental Management Fees in Idaho
Fees and costs for a full-service vacation rental property management company can differ greatly. Some companies may charge a flat fee, other management companies may charge a percentage, ranging from 10-50% of your gross earnings. These percentages usually depend on the type of home you have, the location of the property, and other factors. If the manager charges extra fees for basic duties like cleaning or guest service and communication, it's a pretty good sign they are not a full-service vacation rental property management service.
Host Boise's fees cover all the basic necessary duties listed above and more and are customized for your vacation home to ensure it's one of the best available.
Do I need to have a full-service vacation rental management company?
You may have noticed just how much time and effort goes into a profitable vacation rental. It's a lot of work! one of the huge advantages of a full-service vacation rental property management company is simple. We'll take care of everything! more free time for you, less stress for you, and with the right manager, the profits will be at the top of the market! enjoy life more.
Let Host Boise be your partner--looking out for you, your home, your guests, and your bottom line!
Full-service vacation rental
property management? - FAQ
While managing a vacation rental of yours may seem to be without costs, there are some things you'll be paying for. You won't have any management fees, but you'll have to factor in what your time is worth, as every undertaking you have, be it cleaning, managing all your platform calendars, personal website creation and hosting, communicating with guests at all hours of the day or night, and marketing your home, will take up substantial amounts of your time. Your time is worth something, so make sure to take that into account. You will also have to incorporate the costs of booking platform fees and commissions you'll pay with Airbnb, Vrbo, Booking.com, Expedia, Hometown, Hotels.com, Tripadvisor, etc.
When considering the best fit for your vacation rental property management company options, consider asking some of the following questions, as they can determine the success of your bookings and rental income.
- What vacation rental services are included with your management fees?
- What are your property management fees and do you have a contract?
- What are the terms of your management contract?
- Is your management fee all-inclusive or are there other fees for additional services provided?
- How many vacation rentals do you currently manage?
- How do you market vacation rentals and is mine marketed the same way?
- How do you manage guest reviews?
- Do you maximize repeat guest opportunities with any kind of offers or marketing
- How experienced are you with vacation rentals like mine in my area?
- Do you have any management client referrals I can review?
