If you have a vacation property in the Sedona area, isn’t it time you started turning a profit on your investment? As vacationers and families seek alternatives to the traditional hotel stay, more and more property owners are converting their spare properties into profitable vacation rentals that can serve as a steady stream of additional income.
In this blog, we’re taking a closer look into the vacation rental management industry and offering tips to help you find the best rental management company for your property. But you shouldn’t leave property management to just anyone. You should choose an experienced, dedicated, and premier rental management service that understands how to maximize the return on your investment. That’s where VacayAZ comes in.
VacayAZ is Arizona’s premier vacation rental management firm. With unmatched experience managing a wide range of properties in Sedona, Phoenix, and Scottsdale, we understand how to effectively manage the most luxurious and desired vacation properties while maximizing on the property owner’s investment. Take advantage of our personal concierge services, professional cleaning crews and maintenance, and innovative marketing tactics to keep your property booked throughout the year. But what’s the most valuable thing we have to offer to each of our clients? Peace of mind. Allow the experts at VacayAZ to manage your vacation property while you sit back, relax, and let the profits build.
What Does a Vacation Rental Management Company Do?
Allowing a team of professionals to handle the bookings and maintenance of your vacation property sounds great—but what exactly do these companies do to earn their property management fees? Some property owners may consider avoiding these fees altogether and simply handling the booking process themselves. However, once you understand the full breadth of what these vacation rental experts can offer, you may reconsider.
By working with a full-service vacation rental management company, you can expect many (if not all) of the following services:
· Regular cleanings between guests.
· Maintenance and general repairs for your property.
· Scheduling bookings and payments.
· Guest services.
· Interior design services.
How to Find the Best Vacation Rental Management Company for Your Sedona Property
Here are some things to be on the lookout for when determining which vacation home rental management company is right for you:
1. Research their rental portfolio and resources.
A quick online search should provide clear details and examples into the size of their rental portfolio. If a vacation rental management firm has a sizeable portfolio with several high-end properties, this is a good sign that they have the resources and experience to effectively represent you and your property.
However, the size of the portfolio isn’t everything. You should also research what types of properties they tend to represent. If, for example, you have a luxurious cabin in the mountains but they seem to primarily represent small condos in busy city centers, then they may not have the appropriate experience to effectively manage and book your property. You should also research the size of the staff and amount of resources they can offer on a regular basis to keep your property clean, maintained, and marketed throughout the year.
2. What types of services do they offer?
Not every vacation rental management company is the same. While some may simply clean your property and book guests, others can offer a full-service experience so you don’t need to lift a finger. These full-service, premier vacation rental management firms are especially ideal for those who don’t live close to their vacation properties.
Learn more about the types of services they offer so you can get a clear idea as to what’s expected on your end. The majority of vacation rental management companies will handle general cleanings, maintenance and repairs, and facilitate guest relations and payments. Some, however, go above and beyond by offering a range of luxurious, premier services. Not only can they handle every detail of listing and booking your property, but they may even offer interior design services and premier guest services, such as private meals, in-home massages, and more.
3. Digital marketing avenues.
Simply cleaning and maintaining your property isn’t enough. The true value of a rental management firm is their ability to effectively keep your property booked, generating consistent profits. These days, most bookings are done online, and with millions of properties listed by top sites like Airbnb and Vrbo, competition has never been more fierce.
Make sure that your potential partner understands how to effectively optimize your online listing so your property stands out from the rest. You should also inquire about the marketing tools and avenues they utilize. Many vacation rental property firms now use social media channels to effectively match potential vacationers with the perfect property.
4. Online reviews.
Last but not least, consider reading some online reviews for your potential vacation property management team. Online reviews offer unique insight into what it’s like working with the company. While we often view these reviews as “objective,” it’s important to remember that you should still take the feedback with a grain of salt. A few negative reviews is no cause for concern. However, if you’re noting far more negative than positive reviews, this could be a red flag.
Conclusion – How to Find the Best Vacation Rental Management Company for Your Sedona Property
Like any important relationship in your life, you shouldn’t rush the decision to find the right vacation rental management company. Investing in someone to manage and care for your Sedona rentals is a critical decision. This can determine the success of your property on the rental market and how big of a return on your investment you can expect. Working with the wrong rental management firm for your property can cost you both time and money.
When you find the right vacation rental management company for your property, you can sit back and enjoy the advantages of their experience, resources, and industry knowledge. These firms can handle every single aspect of your rental and booking process. Full-service rental management companies can handle cleaning and maintenance, bookings, guest relations, and even work to market your property to keep it booked throughout the year. If you’re looking to optimize your property, turn to a trusted vacation rental team.
If you need help managing your Sedona vacation property, VacayAZ is here to help. As one of the most experienced and trusted vacation rental management companies throughout the entire Grand Canyon state, we can help you keep your vacation home fully stocked, schedule regular cleanings and maintenance, handle guests and booking services, and even promote your property with our complete set of advanced digital marketing tools.
Looking to maximize your profits and return on investment with your Arizona vacation property?
Contact us to learn more.