The number of vacation rentals has grown dramatically over recent years. There are now more than 1.3 million vacation rentals in the U.S. alone.
With so much activity in Breckenridge, sharing your home with vacationers is a no-brainer. However, success isn't guaranteed, and you'll need to follow a solid vacation rental strategy to maximize your income.
Looking for home rental tips in Colorado? Here are the best home sharing tips you need to follow in Breckenridge.
Create an Attractive Listing
To maximize rental income, be sure to fully optimize your listing. To get bookings faster, you need to ensure your listing instantly gets the attention of anyone who comes across it.
In the listing, clearly describe what your property has to offer to those renting in Breckenridge. Use high-quality photos to ensure it leaves a great first impression.
Don't Skimp on Rental Marketing
Not only should you create a great listing for your home share, but you should also make it easy to find. Consider investing in rental marketing so that your listing gets the visibility it deserves.
Using online marketing techniques and running paid ads can help immensely when trying to get your vacation rental off the ground.
Be an Amazing Host
Managing your vacation rental well will help you make more money. Be sure to treat your vacation rental as a full-time job and take it seriously every step of the way. Being a great host will lead to better reviews, more repeat guests, and fewer vacancies.
Make things as easy as possible for your guests by ensuring an easy check-in and check-out process. Your guests should also have everything they need upon arrival.
Carefully Choose the Price
Choosing the right pricing for your home share should be a top priority. Do some research on competing vacation rentals to get a clear idea of what you should be offering yours for. Also, take seasonal fluctuations into consideration as well.
While you may think that you'll get more money if you price your vacation rental higher, this isn't always the case. Offering competitive pricing may lead to a reduced number of vacancies and help you make more money overall.
Keep Your Rental Clean
One of the most important things that guests look for in vacation rentals is cleanliness. If your space is dirty, dusty, and leaves a poor impression on guests, you'll have a hard time making money with it. You may get poor reviews and end up with a lot of dissatisfied guests.
Make sure that you clean thoroughly and consider hiring a cleaning service to ensure that guests have a great experience.
Following These Home Sharing Tips
Sharing your home in Breckenridge can be a very lucrative endeavor. However, you'll need to perfect your listing, keep your rental clean, and follow these other home sharing tips if you want to make the maximum ROI.
If you need help managing your short-term rental in Breckenridge, consider working with PMI Breck. With more than 30 years of combined property management experience, we can help you make the most of your home share.
Need vacation home management services? Contact us today to learn how we can help make your vacation rental a success.
