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4 Reasons You SHOULD Use a Property Manager for Vacation Rentals

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It’s no secret that vacation rental properties take a lot of upkeep to maximize your earnings. Some owners are more than willing to handle every maintenance request, help each guest get settled, and do all the marketing necessary to find the next one. Others, though, hand these tasks and more off to a property manager.

While not everyone hires a property manager, it’s a good solution for owners busy with a full-time job, handling multiple assets, or who live far away from the property. Below, we look at four reasons you should hire a property manager to keep your rental running smoothly.

#1 Property Managers Save You Time

The first and most obvious reason why property managers are a good idea is that they save you time. According to GuestReady, rental owners should expect to spend around 2-3 hours per day maintaining the property, marketing on social media and listing websites, and communicating with guests.

While every property manager offers a different package of services, most will take care of your rental’s day-to-day needs. That will allow you to focus on your other assets or give you the free time necessary to add another rental property to your portfolio.

#2 Leave Marketing to the Experts

There’s never been more competition for peoples’ attention online than there is today. Especially in the wake of the COVID-19 pandemic, your competitors have gotten smarter about digital marketing out of necessity. Which platforms should you advertise on? What should those advertisements look like? Many property managers can answer those questions for you and do all the work, too!

iGMS says property managers use their wealth of experience to know how to “market a vacation rental, when to adjust prices, which platforms to market on, and how to attract ideal guests for your property.” Simply put: If you don’t know your way around listing websites or social media, a property manager can save you a lot of headaches.

#3 Property Managers Handle Stressful Situations

We all have different strengths and weaknesses that could make it harder or easier for us to manage a vacation rental property. Some people would dread getting a call about a leaking faucet. Others may be handy around the house but are less keen to welcome each new guest. One of the great benefits of using a property management company is utilizing a team of experts’ strengths to fill in those gaps.

#4 Keep Up With Cleanliness

Hopefully, your vacation rental property stays busy most of the year. The last guest has hardly put their luggage in the trunk before the next guest pulls in. A high-quality property manager ensures that every room is spotless before the next guest arrives. Cleanliness has always been at the top of guests’ priorities. But particularly during and after the COVID-19 pandemic, they’ll have every reason to take it even more seriously.

Final Thoughts

From saving you time to keeping your property in tip-top shape, there are plenty of benefits to hiring a property manager for your vacation rental. While their fees may eat into your ROI, you’re also freed up to make other investments, and guests are sure to be repeat visitors.

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