If you’ve purchased goods or services, then you’ll know the importance of weighing cost versus expectation. The same rings true for looking for a vacation rental management company to increase the value of your investment property. As a consumer, you must weigh all variables to define your expectation of value, while the provider has to convey the worth of the product or service. When it comes to knowing how to choose your property manager, we make it easy at Southern. The phrase “you get what you pay for” typically holds negative connotations, but not at Southern.
In the vacation rental management industry, that adage is no different. You’ll need to establish your needs and expectations as a property owner, and then do your own research. Comparing the balance of cost and quality is important before choosing accordingly. Many rental management companies offer perks that may seem enticing to first-time sign-ups, but can end up costing much more in the long run. For example, vacation rental management companies are paid through taking a commission of the gross rental income made over a year, and some even charge monthly/quarterly/annual fees for maintenance or other expenses. A lower commission may sound enticing, but you’ll likely see some regular fees to help offset some costs.
At Southern, we are interested in building a long-term, mutually beneficial relationship with our homeowners. That’s why our owners never see a maintenance, marketing, linen, or other fee on their statements. You’ll never see a charge for credit card fees, reservation fees, linens used by guest, changing lightbulbs, replacing A/C filters, even professional photography and a keyless lock system – our owners never see a charge for any of it. We believe that having a transparent working relationship with our property owners will only lead to better service and long-lasting relationships.
To learn about the vacation rental management services our owners receive at no cost and more about our rental management program, please visit give us a call at 855.335.0875.