Airbnb and Short-Term Rental Management Services: Pros and Cons
Well located, in an idyllic setting, fully equipped, with an up-to-date décor; you’ve finally found the perfect cottage. Why not make it available for short-term rental? It could help you pay this second mortgage! What a fantastic idea!
However, have you thought about all the tasks it would imply? Even worst if you don’t live near. You know, it won’t find guests by itself! You’ll have to create advertising displays and clean before and after each visitor. You’ll have to offer them the best experience possible and there will be repairs to do. That’s a lot of work, right? You wanted a second home where you could unwind – not a part-time job!
Hiring a property management company to take care of everything could be a cost-effective solution for you and added value to offer your future guests! If you want to learn more about all the advantages offered by a short-time rental manager, read on!
The advantages of entrusting your chalet to a short-term rental management company
To find guests
And keep in touch with them! Property managers will take care of the promotion and the marketing of your second home (taking professional eye-catching photos and write the most attractive descriptions in order to post it on the best sites)! Attracting the maximum number of people as possible; that’s their job! Also, the company will be in charge of the management of your guests and will be offering them a 24/7 service during their stay. They will answer their questions and guide them toward the most interesting tourist attraction nearby. It’s almost like the hotel concierge service!
To keep it clean
The person that will be responsible for the short-term rental of your chalet should be taking care of the cleaning chores before and after each guest. Your manager will also be the contact person for them, making sure they have everything they need!
Don’t forget that if your chalet is in poor condition, your guests might take some photos and write a bad review about your place.
To give you expert tips
Property manages have the expertise to help you stand out on the market! They will help you set prices according to your accommodation type and location and will reevaluate it depending on the season and events.
In a nutshell, you will save a lot of time (and time is worth money) and you’ll get more for your rental, because you’ll offer more to your guests.
You can learn more about Welguest’s short-term rental services here!
What about the disadvantages? There are very few… It mostly depends on your personal situation. Here are some points you should consider.
The disadvantages of entrusting your chalet to a short-term rental management business
- The fees! Nothing comes for free! You’ll have to give a part of your profits to your property manager for the services they’ll be giving you. So, if your second home’s rental prices are not enough because of low demand, it might not be worthwhile.
- If you live in it as your principal residence and don’t want to rent it more than 2 or 3 weeks while you’re on holiday, a property manager might not be necessary.
- Your reputation depends on the services your rental managing business offers to your guests. Your guests might let bad reviews about your apartment, chalet or home, without you having anything to do with it, if your property manager doesn’t provide the service they were looking for. You may want to carefully choose the company you want to trust!
In conclusion, highlighting your property and managing its rental is the mandate your short-term rental manager will have to achieve.
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