Seasonal Rental Guide
This article is a real guide to good practices and is absolutely essential for those who wish to take it to the next level !!
Seasonal rental
It is on the rise right now, cottagecreekvineyard but what does it really mean? Should we get started? And if so, how to make yourself known and referenced?
The seasonal rental (also called short term rental ) is the possibility of renting a property (apartment, house) cottagecreekvineyard.com with leases of a few days (90 maximum, beyond, housing is considered main house) .
It offers an alternative to a hotel for those looking for temporary accommodation during a personal or business trip.
However, the services are obviously not comparable (no room service, no cleaning during the stay, etc.).
1 - Why make a seasonal rental? cottage creek vineyard
Going into a seasonal rental is accepting to take a risk.
This risk is that of not having a fixed rent, as is the case with so-called “classic” or “traditional” long-term rentals.
Indeed, with this type of operation, short term rentals the rent received depends on the number of nights you will be able to sell. And this number of nights will necessarily vary from month to month.
The downside, obviously correlated with this risk, is that the rent can drop from simple to triple. Certainly, with some additional management efforts in passing, but the game is well worth the effort.
Operating several short-term rental properties can generate a real source of additional income (even a salary or more), and all this from the bottom of his sofa for those who have succeeded in industrializing and automating their activity.
2 - How to minimize the risk? short term rental Morgan hill
2.1 - Choose a good location
Several criteria are to be considered before starting a seasonal rental .
As in any real estate project, there are 3 of them: short term rental housing
• location
• location
• location
Quite simply because the accommodation must be located in a place which drains a lot of traffic: tourist place, hospital, business, train station, proximity to a hotel…
The location therefore provides a first indicator of the viability of the project. But that's not enough…
2.2 - Write a first ad
To confirm or deny this first indicator, creating a fictitious online ad is a necessary step. It will act as a market study.
The best medium for this is leboncoin.
It is then possible to write an ad:
• With photos of one's own property (case of a property already ready)
• With photos of the standing of the property that one would like to offer (case of a property to buy or to renovate)
Google images is full of photos just waiting to help you
This ad should be as accurate as possible. short term rental apartments
Depending on the calls and requests for availability that it will generate, it will confirm or not the possibility of using the property for short-term rental.
3 - How to be visible to better rent?
Airbnb is certainly THE benchmark of its kind.
All those who offer short-term rental accommodation have published an ad on this online booking platform.
3.1 - Airbnb necessary ... but not sufficient
Many vacation rental enthusiasts simply post their ad on Airbnb.
Maybe out of laziness, maybe because they don't know there are other alternatives.
However, we must be aware that this market has become extremely competitive: both for housing and for the platforms that host advertisements.
In this context, to be present only on a single medium is to be doomed to disappear, especially since the Airbnb offer is growing every day.
By way of comparison, it's a little as if Panzani decided to sell its pasta only at Carrefour 🙂
To be successful, to generate big profitability and big rental income, you have to be visible… everywhere.
3.2 - The essential platforms
Among the market references, we find:
• Booking
• Housetrip
• Wimdu
• Morningcroissant
• Tripadvisor
It is at least on these major sites that the offers of seasonal rentals must be published.
But it still exists:
• villas.com
• Charme& Traditions
• Agoda
• Mediavacationrentals.com User
• Weekendesk
• Key Vacanves
• Ostrovok
Multiplying the booking channels is not only increasing the chances of filling your calendar, but also increasing the chances of filling it faster.
In addition, you should know that among the major platforms above, some are groups.
The consequence is significant. An advertisement published on a group apartment platform will be published automatically on all of the group's subsidiaries.
Example: The Tripadvisor group brings together 25 online booking platforms (Holidaylettings, Flipkey, Numbia, etc.)
Any advertisement published on Tripadvisor will automatically appear on 25 different media!
Another example: Similarly, an advertisement published on Homeaway will be visible on Abritel, Fewo-Direkt, vrbo, Homelidays ...
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