Should You Hire a Vacation Property Management Company for Your Property? The Most Important Pros and Cons

Vacation rental property management companies provide a valuable service to owners. However, their services don’t come cheap. You might pay your vacation property management company anywhere from 10% to 30% of your monthly rental income.

There are pros and cons of hiring a vacation property management company versus managing the rental yourself. We’ve highlighted some of those pros and cons below:

You’ll have fewer problems overall when working with a good property management company. You’ll encounter fewer maintenance problems. Fewer problems with guests. Less damage. A good property management company can’t completely eliminate the unexpected, but it can take steps to reduce their impact – say, by finding better guests.

Better response times for you and your guests. Unless you live a few minutes away from your vacation rental property, it can be hard to manage a property from far away. What happens when guests encounter problems? What happens if there’s a leak at your place between renters? Hiring a vacation property management company allows better response times for you and your guests – even 24/7 service from some of the bigger property management companies.

Better technology and marketing. Vacation rental marketing technology is changing every day. The best property management companies stay on the cutting edge to ensure your unit stays rented out as much as possible. Vacation rental property management companies may have dedicated marketing teams solely responsible for putting your unit in front of as many potential renters as possible. 

Less control over guests and management. When you work with a property management company, you’re giving up a certain amount of control over your property. You’re allowing someone to vet potential guests, perform repairs, and interact with your guests. If your vacation rental is like a home, then this can be nerve-wracking. Make sure you understand all of the terms and conditions of your vacation rental management company’s contract before you buy.

The Best Tips for Choosing a Family Beach Vacation Rental

The difference between a good vacation and a great vacation, however, is the right beach vacation rental. Today, we’re going to provide some tips to help you choose the perfect beach vacation rental for your family.

Create a List of Must-Haves: Sit down with your family and collect a list of must-have items. Does your beachfront vacation rental need at least three bedrooms? Do you need to be directly on the beach? Do you need to be close to restaurants and shops? Do you need a quiet place? Create a small list of must-have features that you can’t do without.

Research Transportation Ahead of Time: Whether you’re driving, renting a car, or taking public transit, it’s important to research transportation long before you arrive at your destination. If you’re driving, then make sure your vacation rental has a safe place to rent your vehicle. If you’re taking public transit or a taxi, make sure you know how to get to your vacation rental.

Consider Working with a Vacation Rental Company or Online Travel Agency: It’s an online travel agency’s job to find the right accommodations for your family. If you’re getting overwhelmed with hotel booking websites, shady property listings, and other problems, then consider working with a vacation rental company or online travel agency. Sometimes, the best beach vacation rental units aren’t listed on major booking websites. Property owners will only trust their units to professional management companies.

Budget and Plan Activities: Sometimes, the best beach vacations involve waking up and walking out your front door onto the beach. In other cases, you might want to plan additional activities. Most beachfront vacation destinations have plenty of exciting activities catered to families. Budget and plan accordingly before you arrive.

Book Your Next Vacation Home Rental Through RedAwning

RedAwning is a vacation rental company with a global network of properties available to rent. Visit RedAwning online today to start planning your next vacation. With an extensive range of units around the world, RedAwning has the perfect property to suit your budget and lifestyle.

Search from over 100,000 vacation homes today at RedAwning.com. RedAwning takes pride in the integrity of its listings: all photos and listings on RedAwning are verified by the company to be 100% accurate. That means the property you see in online photos is the same property you walk into to start your vacation.

RedAwning also makes the booking process as simple as possible. Instead of sorting through a mess of paperwork, guests enjoy a hassle-free online booking process with just one contract to sign. The RedAwning team assists guests every step of the way. 24/7 support is available via phone, text, email, or chat. When you book with RedAwning, you can relax knowing that RedAwning has your back every step of the way. RedAwning’s vacation rental service has been described as like having a reservation desk and concierge rolled into one convenient service.

Want to manage your booking on the go? Download the RedAwning app for iOS or Android to book, browse, and manage your reservation from a smartphone or tablet.

RedAwning is the largest vacation rental network in the world offering hotel-like reservation and support. Visit RedAwning.com today to discover a network of 100,000 properties in over 10,000 destinations worldwide. Whether searching for a beachfront home, a luxury condo, a multi-family house, or any other type of vacation rental, RedAwning offers accurate listings to meet your budget and lifestyle. Visit online, download the app, or get in touch with RedAwning today to start planning your dream vacation.