According to Statista, the vacation rental industry is expected to see annual revenue growth of 11.08% from 2021 to 2025 and it’s easy to see why. If you’ve ever stayed in a vacation rental home for your vacation, you know how convenient it is to stay in a place that feels like a home away from home. This added feeling of comfortability has helped grow the popularity of vacation rentals leading more and more people to invest in second homes.
Vacation rentals are a great way to earn extra income but before you invest in your second home, there are a few things to consider. First, you want to consider the initial costs. Besides the purchase of the home, it’s important to consider if the home will need renovations as well as if it’ll need to be furnished. Then, there’s the location. While vacation rentals are sought after almost everywhere, to really maximize your income it’s not a bad idea to purchase a vacation rental home in a popular tourist and vacation spot.
Finally, you’ll want to consider if you’ll be managing your property or will be hiring a vacation rental property management team to manage it for you. Vacation rental property management can be a lot of work, so if you don’t have the time or the resources to manage your property, a vacation rental property management team may be the way to go. And Vacay Whitefish is just the team for you!
WHY USE VACAY WHITEFISH AS YOUR PROFESSIONAL PROPERTY MANAGER?
We view vacation rentals as an asset that should be enjoyed, not stressed over. When you use Vacay Whitefish as your property manager, you get to use your vacation rental whenever you want and forget about customer service, marketing, pricing, and all the other stresses that you may encounter.
IT’S YOUR HOME, USE IT.
Many property management companies restrict how often you get to use your home. And most often, vacation rentals are located in areas that you will want to enjoy. If you’re going to invest in such an attractive asset, you should be able to use it. With Vacay Whitefish, simply tell us when you want to vacation, arrive at a professionally kept home, and depart without the hassle of preparing the rental for guests. Our property management services ensure pristine homes.
WE TAKE CARE OF THE MAINTENANCE.
Vacation rental homes need maintenance to combat everyday use. Lights burn out, toilet paper dwindles, refrigerators get dirty, propane tanks empty, and the list goes on. Maintenance can consume more of your valuable time than anticipated. The last thing you want is to miss out on an evening dinner or hike because you had to reset the electrical breaker. Vacay Whitefish happily handles all maintenance.
Managing a vacation rental requires extensive communication. Vacay Whitefish is locally owned and operated making us available to your guests 24/7. Additionally, we offer an owner portal that allows you to keep an eye on your property and income.
WE MARKET FOR YOU.
If you want high occupancy rates, then you need to market your vacation rental on all the major outlets, acquire professional photos, keep up with rapid digital trends, and gain solid customer reviews. Our streamlined processes will have your vacation rental on over 40 travel websites as well as promoted on our various social media platforms.
WE FIND THE RIGHT PRICE.
The vacation rental industry is quickly expanding and becoming more competitive. Listing your vacation rental at the right price is critical to its success and becomes a challenging task with many high and low seasons. Furthermore, our lower commissions and no fees ensure our average cost to owners is 15%-30% under our competition.
To learn more about what our homeowners say and the services we provide, head on over to our property owner page!