Renting your vacation home, condo or timeshare is easier than you might think. The first step is to advertise. Choose an advertising partner that gives you the most TV, radio, print and Internet exposure. After you've begun to advertise, consider these 10 helpful tips.
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Be quick to respond to renter's inquiries
Most renters will inquire about multiple ads. Be sure to get back to potential renters as soon as possible. It is also important to establish trust while communicating with potential renters by being friendly, polite and informative. If you are typically short or "to the point", consider enlisting the help of friend or rental agent to communicate on your behalf.
Keep detailed records
Keep a notebook or create a spreadsheet with all communications and bookings. This will help reduce miscommunications and scheduling errors.
Get reviewed
People love reading reviews. Kindly ask for reviews from past renters. Make copies and mail/email them to prospective renters when they inquire about your unit.
Set clear guidelines
Have clear guidelines regarding check-in/out policies. If you want to make sure renters check-in/out at the right time and follow your instructions, enforce strict policies that may include additional fees. Your renters will regard this as professionalism.
Make sure your ad is always up-to-date
The most important detail in your ad is the calendar. When renters are searching for vacation rentals, the dates are usually the most important factor. Second most important are the pictures. Enlist the services of a professional photographer and a decorator. Their one-time fee will help ensure sucessful renters for many years to come.
Set a clear list of cleaning tasks for housekeeping
First impressions are the most important and providing a set cleaning list it will help ensure that each guest will be welcomed by a clean vacation home.
Have a refund policy
A refund policy will not only protect you from lost revenue, it will also offer renters peace of mind when making reservations.
Offer discounts during off seasons
If you notice a big gap in your bookings, consider offering special discounts to attract travelers. Some people will go on vacation just because they found a great deal.
Consider accepting pets
Today more and more people have "fur babies". By accepting pets, you will be able to broaden your spectrum of renters, which can increase your bookings.
Make your ad as detailed as possible
To avoid miscommunications, provide all important details upfront, especially additional fees. It is also advised to provided any extra or special amenities your vacation home or area has to offer, which are always selling points to potential renters.
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