It’s fair to say that owning a vacation rental can be both exciting and profitable! However, those who attempt to manage the business solo often find it overwhelming rather quickly. From home evaluations and upgrades to marketing, guest services, upkeep, and taxes, there’s a lot to consider. Instead of drowning in the details, having experts on your side who can streamline the process, eliminate stress and help you reach your business goals is often key to success. Beyond that, picking the right company to handle the job is vital. There are definitely a few things you’re going to want to look for in a Texas Property Management company when you begin your search. The following are the top five to add to your list.
You Want a Property Management Company with Extensive Experience and Local Knowledge
Every vacation rental market is unique, and having a property management company with local insight and market knowledge is of the utmost importance! Taking time to dig into a property management company’s background is always a good idea before jumping on board. It’s essential to know that the team you’re entrusting your rental home to not only has the experience to be successful, but is excited to work in your marketplace specifically. Take a moment to look into customer reviews and ask other homeowners in the area about their personal experiences if they’ve worked with the company before. It’s important to know how long the company has been in business, how they’re involved in the local community, and how they interact with customers across social media. The more information you can gather, the better!
Make Sure They Offer a Comprehensive Suite of Services
The property management team you select to help boost your vacation rental business should be a professional team that not only takes profits into consideration, but comprehensive service offerings too. A quality property management company will offer a variety of services to both homeowners and their guests alike. The goal of a property management company should be to eliminate stress at every turn. This means helping homeowners reach their goals through amazing guest experiences as well as home management. Offerings on both fronts should go above and beyond.
Ensure They Have a Passion for What They do and Who They Serve
Before you sign on with a property management company, make sure they’re made up of dedicated professionals who never treat you like just another number on the books. A good property management team will always take time to really get to know their clients and you’ll feel like an integral part of their professional family. A property management company worth investing in makes the effort to know you and your business goals. They keep you in the loop on any ideas for your property and are just as excited about your plans as they are creating amazing guest stays in your home. Tangible enthusiasm counts for a lot!
They Offer Dedicated and Quality Services
A big part of property management revolves around home care. A property management team with the best interests of homeowners and guests at heart will have a firmly established list of local vendors they work with when it comes to maintenance and housekeeping alike. You’ll want to be sure that health and safety are top priorities for your property management team at all times. The best test of this is their response times when it comes to unexpected situations.
They Value Transparency and Open Communication
Make sure that the property management team you’re considering working with is one that values transparency and open communication at all times! This applies to both you as the homeowners as well as the guests who will stay in your home and the fees associated with the rental process. There should never be hidden costs along the way if you’re working with a quality company. Both homeowners and vacation rental guests should have easy access to a customer care team that responds to questions and inquiries in a timely manner. Whether it’s a question about marketing your property, reservation scheduling, maintenance, or housekeeping, knowing who to turn to and being able to access them easily should be a top priority for property management companies.
Reach Out Today
Whether you’re looking to book a great getaway in a beautiful rental home, or you’re excited to elevate your vacation rental business, Porter is here to help. We manage a portfolio of incredible properties and are fully dedicated to helping homeowners and guests alike make more of every moment. Reach out today to learn more about our property options available as well as our comprehensive suite of services for homeowners looking to take their vacation rental property to the next successful level! We can’t wait to hear from you soon and help you enjoy the getaway or enhanced business opportunities you deserve.
