How long have your beautiful Breckenridge vacation rentals sat vacant? The rental vacancy rate in the US is already over 6%. Without help, you'll struggle to generate revenue from your investment properties.
Here are three short-term property management tips you can use to ensure your success. With these tips, you can increase bookings and maximize your earning potential. Boost your ROI today!
1. Market Breckenridge Vacation Rentals
Update your vacation rental property listings with eye-catching images and helpful descriptions. An informative listing will create a first impression on potential guests. If guests don't find the information they need, they'll turn elsewhere.
You only have seven seconds to make a first impression. Make every second count by optimizing your listing with:
- High-quality photos
- Storytelling language
- A list of amenities and features
Use search engine optimization (SEO) as part of your marketing strategy to help the listing rank higher online. When someone searches for a Breckenridge rental, your listing could appear.
When writing your descriptions, imagine the experience you're offering guests. Mention nearby venues, restaurants, and shopping centers. Help them imagine their stay.
Using storytelling elements can draw more people to your listing. Use a strong call to action to convert those readers into guests.
Pricing
Use dynamic pricing tools to make adjustments to your prices. If you set the price too high, guests will look at other rentals. If it's too low, you'll lose money.
You can work with a property management company to complete a rental analysis. They'll help you set pricing that maximizes your earning potential.
2. Offer Great Guest Experiences
Offer the best possible guest experience to stand out from other short-term rental properties. You can:
- Put flowers on the table
- Leave a hand-written welcome letter
- Stock the fridge with snacks and water
- Add new amenities
- Provide high-quality toiletries
- Provide luxury linens
Ask your guests for their feedback after their stay. Making adjustments based on their feedback will help you further enhance guest experiences. You can use email automation to send these requests.
3. Hire Property Managers in Breckenridge
If you're struggling to apply these tips, look for property managers in Breckenridge. Their professional services can save you time and money.
Full-service Breckenridge short-term property management can include:
- Marketing
- Maintenance and inspections
- Cleaning
- Bookings
- Guest services
- Accounting
Choose a company that uses technology to automate processes. Automation can save you valuable time.
Determine if the company offers 24/7/365 on-call maintenance. Routine maintenance can help you avoid more costly repairs later. Your property managers can help you remain compliant with local housing laws and regulations.
Reliable Short-Term Property Management
For effective short-term property management, you shouldn't do it all alone. Instead, hire an experienced property management company. The best property managers can book your short-term rentals in Breckenridge with ease.
Need help with your Breckenridge vacation rentals? PMI Breck has 20 years of experience helping property investors like you maximize their earning potential.
We use state-of-the-art technology to help our clients succeed (and we have the awards to prove our success!). Contact us now to request Breckenridge short-term property management services.
