If you own a vacation property in Sedona, Scottsdale, Phoenix (or any other of the amazing locales in Arizona), isn’t it time that you turned it into a source of income? As travel has returned in full force following the COVID-19 pandemic, more and more vacationers and families are looking to vacation properties. Compared to your traditional hotel or motel stay, a vacation property offers you a wider range of property types and sizes, more amenities, and the comforts of home while you’re on the road.
In this blog, we’re taking a closer look at how working with a vacation rental management company can improve the value of your property and transform your spare property into a steady stream of additional income. We also utilize a case study from a recent Sedona vacation property (the Red Rocks property) to assess how working with VacayAZ can dramatically increase the net profit to you—the property’s owner.
VacayAZ is Arizona’s premier luxury vacation rental management firm. With unmatched experience managing a range of Sedona, Phoenix, and Scottsdale properties, we have the tools and resources to maximize the investment on your property. With professional cleaning crews and maintenance, full guest services, and innovative marketing tactics, we can transform your spare property into the hottest vacation destination in the Grand Canyon State. 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 watch your profits grow.
What Does a Vacation Rental Management Company Do?
At first, it might seem like you should be able to handle managing and representing your vacation property on your own. After all, who knows your property better than you—the homeowner—right? To avoid the fees associated with rental management companies, some property owners may simply opt to rent out their spare homes themselves.
However, there are many advantages to working with a professional vacation rental management team. These professionals know the ins and outs of the vacation rental industry and have the experience and connections needed to both book and maintain your vacation property.
When working with an experienced and full-service vacation rental management company, you can expect many of the following advantages:
· Professional cleaning crews between guests.
· Regular maintenance and general repairs.
· Comprehensive guest services, including bookings, scheduling, and payments.
· Advanced marketing tools.
· Interior design services.
As you can see, there are many reasons to consider having your property represented by a vacation rental management firm. However, you should be aware that not all vacation rental management companies are created equally. Some may only handle the booking process and some may simply help you list your property and garner interest. But when you’re working with one of the full-service vacation rental companies, like VacayAZ, then all you have to do is sit back and let us do what we do best.
Red Rock Property Projections Case Study
While all these features may sound great to you as a property owner, let’s be honest, the top priority is to ensure that you receive the highest possible return on your investment. Well, luckily we can help with that, too. Compared to other Arizona vacation rental management firms, we’ve proven to maximize the revenue stream for your Sedona vacation rental so you can increase your overall net profit.
Using the Red Rocks property in Sedona as our case study, we provide a side-by-side contrasting annual gross revenue, management fees, cap rate, and the overall net profit to the owner. Compared to estimates from one of our local competitors, Sedona.org, you’ll quickly see the advantages to working with VacayAZ.
Take a look at our projections for one Sedona vacation property:
How VacayAZ Can Maximize the Value of Your Sedona Vacation Property
We know that you have choices when it comes to finding a vacation rental management team to represent your property. Even so, we believe that there are clear reasons why VacayAZ is considered the premiere luxury vacation rental management company throughout Arizona. We go above and beyond to ensure our clients receive the highest return on their investments and peace of mind throughout the entire vacation property rental process.
Take a look at how VacayAZ can maximize the value of your vacation property:
· Market identification: our years of experience have allowed us to develop a thorough understanding of the Arizona vacation property rental market. We also understand key differences in the markets whether your property is located in Sedona, Phoenix, or Scottsdale. We’ll assess your budgeting concerns and investment goals to identify the perfect vacation property for you.
· Property consulting: we offer exclusive consulting services to provide you with a thorough and comprehensive understanding of the property market so you find the investment opportunities best suited to your financial goals.
· Property launches: when your sale is finalized, we can help you get your property ready for market. Our team offers professional interior design services and our expert maintenance crew can handle any property set-up needs. We understand that the highest-value properties in Arizona often come down to the details, which is what we pride ourselves on. From interior design, to furnishing, and unmatched photography, VacayAZ will be with you every step of the way.
We also offer a range of exclusive concierge services. With our selection of high-end guest services, VacayAZ will set your property apart from the competition and have vacationers rushing to book your vacation property again.
Our exclusive guest services include:
· Private jet travel.
· Tesla rentals.
· Fully stocked kitchens.
· Private dinners.
· Professional group photography.
· Black car service.
At VacayAZ, we also work hard to protect your investment. This means that we utilize a range of housing amenities and security features to ensure that your vacation home will be well-maintained and profitable for years to come.
These features include:
· Noise meters.
· Digital locks.
· Advanced home security systems.
· Climate control software.
· 24/7 property surveillance.
Conclusion – A VacayAZ Case Study on Vacation Rental Management Success
If you have a spare property in Arizona, why not turn it into a steady stream of income? Transforming your spare home into a vacation property is an excellent way to generate additional income. And when you allow one of Arizona’s top vacation rental management companies to do the heavy lifting for you, all you need to do is sit back, relax, and watch your investment grow.
Of course, finding the right vacation property management company is no easy task. When looking for someone to manage and represent your luxury Arizona property, you only want the best. That’s why, at VacayAZ, we pride ourselves on our experience and expertise handling every aspect of the rental and booking process. Our team of property management experts will handle cleaning and maintenance, bookings, guest relations, and even market your property to ensure it's booked throughout the year.
But we also go above and beyond your standard vacation rental management firm. In addition to handling bookings and maintenance, we offer interior design services to transform your property into the hottest house on the block. We also offer a range of luxurious guest services, including Tesla rentals, private dinners, in-home massages, and more to ensure your guests will be eager to book again.
Are you looking to maximize your profits with your Arizona vacation property?
Contact us today to learn more about what VacayAZ can do for your property investment.
