Hiring a Vacation Rental Manager? Ask These Questions First
Handing your vacation rental to a property manager is a big decision. The right one can grow your income. The wrong one quietly drains it. Before you sign with anyone, ask a few direct questions. The answers tell you fast whether you have found the right manager or not.
Can They Keep the Calendar Full and Stay Reachable?
Ask if they can run back-to-back rentals. If they can't turn a unit fast enough to book same-day guests, that costs you money during the busy times of the year. Then ask how you reach them. If you can't get your manager on the phone or by text, small problems can turn into big frustrations. Solid local vacation rental management answers both of these without you having to chase anyone down.
Watch the Hidden Costs
Ask where they do the laundry. If they wash linens in your unit, you pay for the utilities and eat the wear and tear on your washer and dryer. Off-site laundry keeps those costs off your books.
Are They Actually Growing Your Income?
A good manager does more than collect rent. Look for an automated system that offers guests add-ons after they book, help with upgrades so your place doesn't fall behind the competition, and a free revenue growth consultation so you know what to improve. If they can also help you set up an LLC, that's one less pro you have to hire on your own.
A lot goes into doing this right. Get every one of these questions answered before you trust anyone with your investment.
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Have questions or want to learn more? Give us a call at 575-613-4243. We're happy to help.
Rob Swan | Qualifying Broker | Swan Realty Inc.