A Reliable Vacation Rental Property Management Company for Your Peace of Mind
Vacation rentals are a rising trend, and if you have a rental property, it might well be worth exploring this opportunity! While vacation rentals, like every other sector of tourism, did take a hit in the early days of COVID, the industry bounced back surprisingly quickly and even stronger than ever. As we are learning to live in this new era of masks and social distancing, popular vacation rental platforms like Airbnb, VRBO, and HomeAway are continuing to boom. Travel has begun to take on a new form where crowded hotels are becoming less desirable and renting my own home or apartment is fast becoming the new norm.
So, how does vacation rental management differ from long-term rental management? If you’re an experienced long-term rental landlord, you are familiar with some of the work that goes into maintenance, interface with renters, marketing for new renters, contracts and payments. As you can imagine, the work involved when receiving multiple renters (or guests) within a month or even week multiplies the workload significantly. Depending on the size and scope of your rental, vacation rental management can indeed become a full-time job!
You might then ask, is it worth it? We would argue that it absolutely can be! With significantly higher financial returns, you can hire a professional vacation rental management company like Sagah Management Inc., leave all of the work to us, and still have more money in your pocket than you did when renting your property long term.
From marketing to property setup and photography, listing setup, property maintenance, guest interface, bookkeeping, housekeeping, restocking of inventory, 24/7 guest services, market research for optimized pricing, guest screening, and even noise control, we cover all the bases, so you don’t have to!
While it is time consuming and can be stressful, it is absolutely possible to manage your own vacation rental property. However, if you would rather spend your valuable time elsewhere, or if you feel daunted by any of the required tasks, or if you don’t live close enough to the property to be able to take daily care of it – we highly recommend hiring a professional vacation rental management company.
Here at Sagah, our highest goal is to bring you true “residual income” that you can earn while on vacation, relishing your well-deserved retirement, building your career, or simply enjoying life. For property owners who prefer to be more involved, we also offer a variety of customized options so you can take the reins if and when you want.
Our service always begins with an initial market research report to determine the viability of your property for short-term rental. In this process, we provide an income projection based on real data so you can make an informed decision about whether to proceed. Once you have decided to move forward, we begin the process of property setup with optional interior decorating services, optional professional photography services for your listing, and setup of your listing. Ongoing services include property and listing maintenance, 24/7 guest services, continued marketing and market research to ensure maximum return on investment, guest screening, and noise monitoring.
What are the components of vacation rental management?
- Initial market research to project revenue and determine viability
- Ongoing market research to determine optimal rates
- Property set up services (furnishing, decorating, amenities)
- Professional photography for marketing purposes
- Creation of listings as professional marketing pieces
- Management of listings on multiple vacation rental platforms
- Coordination of bookings and payments
- Screening for quality guests
- Coordination of check-in and check-out processes
- 24/7 guest concierge services
- 24/7 noise monitoring services and intervention as required
- Professional housekeeping services
- Management of inventory and restocking of household items
- Maintenance and repair services
How do you market my vacation rental property?
Your property will be listed on all the major vacation rental platforms including Airbnb, VRBO, and HomeAway for maximum exposure. Our marketing team creates each listing utilizing professional photographs and engaging content utilizing high-ranking keywords to attract the most desirable guests for your property.
How does guest screening and noise monitoring work?
In our commitment to maintaining the integrity of your home and good standing with your neighbors, we employ guest screening and noise monitoring services. We check every booking prior to check-in and refuse any guests who have received negative reviews or have histories of destructive behavior. Our noise monitoring system also alerts us if decibels rise to certain levels so we can intervene before any problems arise.
What if guests damage my property?
We take every care to avoid destructive and disrespectful guests, however accidents do happen. If there is any damage to your property that is caused by a guest, we assess the damage, follow up with guests to collect on any cost of repair, and coordinate to have the damage repaired in a timely manner so that future guests are able to enjoy their stay.
Vacation Rental Management fees
Our vacation rental management fees range from 15-20% of total revenue, depending on the scope of services as well as the size and type of your property. Some optional services such as professional photography and interior decorating services are charged separately on an upfront, one-time-fee basis.
The Best in Service for You, Your Property, & Your Guests!
- The latest and most accurate market data to ensure you always receive the highest return possible
- Multiple platform listings to maximize occupancy
- Insurance of up to $1 million per property
- 24/7 property monitoring