Remotely managing your vacation rental can provide a steady income stream while living in another state, country, or side of the world. As a location-independent business, remote vacation rental property management can provide owners with the freedom to travel or spend time near loved ones. However, remote property management can come with its fair share of challenges. Here are some essential tips on effectively managing your remote vacation rental property.
Partner with the Right People
A robust infrastructure is the foundation of a successful vacation rental property business, and this bedrock begins by joining forces with an effective property management organization. Teaming up with a professional company like Casago keeps you in control of your property while letting a professional agency take care of the day-to-day details.
Property management professionals are experts at screening candidates to ensure they have the financial strength for long-term tenancy. As an owner of rental property, maintenance requests are an unavoidable part of the position but being remotely located can make it difficult to find quality local vendors up to the task. Property management agencies have trusted, reliable contractors who get the job done.
Automate the Property
Automating your vacation rental property puts the location owner and the guests at ease. Automation begins when the potential guest views and signs the virtual contract spelling out the complete terms of your agreement. Electronic contracts and signatures save valuable time, cut paperwork, and simplify bookkeeping. Electronic contracts also help the guests build confidence in the property and you as the owner.
Smart locks are a convenient self-check-in solution that improves guests’ experiences. These locks install easily on an existing door and provide the independence of a 24-hour check-in while eliminating the hassle of lost keys and possible duplication. Smart locks keep you in remote control of your property without sacrificing comfort or security.
Effective Communication
Communicating with guests before and during their stay may be the most significant part of a positive client experience. With modern technology, property owners have more tools to assist in this area than ever. Today’s vacation rental property owners can significantly increase visibility by advertising their property with channel managers across multiple sources to increase the chances of attracting guests and keeping the property booked solid all year.
Channel managers synchronize bookings across multiple sites in real-time to decrease double bookings. Centralizing connections gives property owners the advantage of listing across various websites without worrying about constant monitoring and updating property availability.
Most guest communication platforms use an automated messaging system to keep everyone up to date with the booking details. These platforms can include guide books and upsell opportunities that may be of interest. At the end of their stay, communication platforms provide a way for guests to leave beneficial feedback on their experience. A careful review of this feedback is vital to keeping your property rating high and attracting future renters.
Hiring a Cleaning Service
As a remote vacation property owner, cleaning and inspecting the area between each rental is impractical. Local cleaning services provide guest-ready deep cleanings between stays. An experienced vacation rental cleaning service will keep you updated on your property’s condition and help make remote property management more accessible and sustainable.
Remote vacation rental property management can be accomplished but assembling a trustworthy local team is vital to long-term success.