Vacation rental management - more than just AirBnB hosting!

Almost every single time people hear about vacation rental business, AirBnB comes to mind. 

Real Estate News, Property management, Vacation rental management, Real estate management, Cleaning service, Tallinn rentals, Short term rental, AirBnB hosting

Vacation rental management is much more than just listing your property over various internet booking channels and AirBnB. True, listing your property on AirBnB is very simple - everyone can do it! With just a little effort you will start getting your first bookings. But what next?

Getting your first booking and welcoming your first guests makes you feel excited. But there is more to it! Short term renting is a full time job. Aside from receiving bookings and welcoming guests, you must be there for them, when needed: answer their questions, resolve their problems, wait for them if the flight is delayed etc. You must clean the apartment, wash and change linen and towel or you may organize a professional property management company to do it for you.

After doing this process the whole summer, you will definitely have mixed feelings. You have probably had good sales earned more than you would have for long-term rental, but at the same time you feel exhausted working all summer, especially weekends when your friends were enjoying sun at the beach.

Maybe you took it one step further and used a cleaning service, but now after deducting all costs from the sales, all your valuable time that you used for problem solving, guest communication, key handling - was it really worth these extra euros?

The real difference comes in when the summer ends, children go to school and leaves begin to turn yellow. The demand will drop significantly and the competition and price pressure will grow stronger.   

Many AirBnB hosts say that they do not have problems with low season bookings, which is true when you sell at a daily rate below or equal to average long-term rental rate.

Why would you do that? Yes, maybe you get a few more euros, but at what cost and effort? Think about it!

Nowadays, vacation rental management firms, such as Best Apartments have partial- or fully automated systems which will make property owners make as much or more sales with absolutely no effort.

Best Apartments provides full vacation rental management service with innovative technology, automated check-in system, daily price monitoring, quality cleaning and maintenance service,  24 hour problem solving etc.

Using a professional vacation rental company not only saves you from the hassle of communicating and meeting with and cleaning after guests, but it also adds extra value for the services and reaction speed the company provides.

If you are into investing in real estate or would like to find your AirBnB property a professional host, then we recommend getting in touch with our professional team! www.bestapartments.ee

Nordecon and Haven Kakumäe signed a contract to build 3 apartment buildings to Kakumäe

18.09.2017

alt
alt

Crowdfunding platform Bulkestate has already attracted to Latvian properties investors from 25 countries

07.11.2017

Similar articles

alt

Short-term vs long-term rental

alt

Crowdfunding platform Bulkestate has already attracted to Latvian properties investors from 25 countries

alt

Nordecon and Haven Kakumäe signed a contract to build 3 apartment buildings to Kakumäe

alt

The real estate crowdfunding market in Estonia becomes highly competitive

alt

Baltic Sotheby’s International Realty opened a new office in the Old Town of Tallinn

alt

Why a Strong Euro is Good for Estonia’s Real Estate Market

alt

Think of selling a property? Choose Baltic Sotheby’s International Realty!

alt

SIA Arco Real Estate management buys out the company