With the COVID-19 pandemic limiting travel and the rising popularity of home sharing, vacation rental management companies are in high demand. A quality PMC can maximize your Airbnb and STR occupancy rate, and take care of the marketing, cleaning, and maintenance while you’re away. But with so many options, how do you choose the right one for your needs?
The first step is to find a company with local expertise. They’ll understand the competition, trends, and regulations that impact your short-term rental business. Also, they’ll be able to set your rental rates and services accordingly.
For example, Black Bear Rentals serves Asheville, Black Mountain, Candler, and Weaverville in North Carolina. They offer full-service management, including 24-hour guest communication, turn-over service, linens, and housekeeping services. They also screen guests and provide damage coverage. They charge a flat owner management fee and will walk you through their fees and contracts when you call.
Vacasa is the largest full-service vacation rental management company in North America, with 30,000 properties. Its global team has a modern approach to VRMS, and uses data to enable local teams while maximizing revenue for owners. They collect charges, advertise your listing across platforms, market your property with a digital marketing strategy, and provide housekeeping and maintenance services. They also have a flat owner management fee and offer a mobile app to monitor bookings and maintenance work orders.
VTrips is another full-service vacation rental management company. They use software to manage dynamic pricing and channel distribution and have a dedicated team that does the boots-on-the-ground work. They market your listings and answer guests’ questions 24/7, and have a guest satisfaction guarantee. They also offer a free trial for new clients and a no-contract option. Best Property Management Companies for Vacation Rentals
