Should you hire a vacation rental property manager?

Every wise business person says to work smarter and not harder. As a matter of fact, we want to give you the same advice. At Hosty, we’re firm believers in being intelligent, efficient, and effective in business. If you’re ready to take the next step in your vacation rental management business and you’re thinking about hiring a vacation rental property manager, you’re already starting to think smarter. Hiring a vacation rental property manager to help run your vacation rental properties is a great way to free up your time. This can give you the opportunity to work on bigger things, like buying new vacation rental property, that can lead to even more success. Keep reading below for some considerations about using a vacation rental property manager for your business.

Tips on how to hire a vacation rental property manager

Are they experienced?

Hiring a vacation rental property manager is a big decision. And you should definitely interview a few different candidates for the position. An important deciding factor should be a manager’s experience. You shouldn’t necessarily discount a new manager just because they only have fewer years under their belt. But some situations are best handled by someone that’s been around for a while. Do they know the details of the area and manage other properties on the hood? Do they own properties themselves? Experience is a useful trait in this business and one that should be sought out.

Take a good look at their contract

Once you’ve found a vacation rental property manager that you like, make sure to take the time to understand their contract. What do they include in their fee? What’s the breakdown of their costs? Make certain that any potential manager is upfront and transparent, and don’t ignore a gut feeling if something isn’t right. You don’t want to get caught up in an agreement that you regret just because you didn’t read the fine print.

What’s included in their price?

When looking for the perfect vacation rental property manager, take a close look at their pricing. This way, when you get multiple offers, you can compare them easier. Who takes care of housekeeping? What about maintenance? Will they deal with an unhappy customer, or do they pass the task on to you? Getting a better idea of who does what will make it easier to choose the right person for the job.

It doesn’t matter if you have ten properties or 100, the advantages of using a vacation rental property manager and Hosty are second to none. Hosty is the professional vacation rental management software that can help run your business better. Our useful channel management function can help you handle all of your rental channels from one centralized location. It doesn’t get any easier than this.