Vacation rental property management, also known as short-term rental property management, refers to overseeing the maintenance, promotion, and rental of properties, though the process is considerably more complex than that simple description may make it sound.
Property management is an industry that has been around for a long time, but vacation rental property management is a relatively recent trend. The concept behind vacation rental property management is simple enough. Anyone with a house, apartment, boat, resort, loft, or villa can rent it out to visitors for a short period ranging from a few days to over a month to provide them with a home base for their stay that is cheaper than paying for expensive hotels.
Such properties normally come fully furnished and fulfill the needs of guests while feeling more private and inviting than traditional hotels.
Vacation rental property management
The management of vacation rental properties can involve a great deal of work, so many homeowners choose to make use of a Galveston vacation rental property management company.
These property management companies offer a multitude of services including having the rentals listed on online booking channels, having each rental priced and adjusting those prices for particular times of the year, communicating with guests and answering queries from potential clients, and coordinating with maintenance and cleaning staff to make sure the rental properties are ready for each new guest.
Property managers normally earn a commission from each and every new booking, but the cost for owners is more than worth the service they receive.