vacation property management tailored for your needs
what is vacation rental management?
Traditionally, if you had a property to put on the market for rent, long-term rentals were the go-to-choice for most people. However, with the rising popularity of Airbnb and other vacation rental platforms, an entirely new market with considerably higher returns has opened up for many investment property owners. But what exactly is involved in the successful management of a vacation rental property?
For someone without a background in hospitality management, vacation rental management can be much more complex than it may appear at first glance. There must be consistency in day-to-day management tasks and many guests expect hotel-standard services and amenities. There are also a variety of inevitable yet unforeseen circumstances that can suck your time and energy, and the sheer diversity of skills required can be daunting to many renters.
At its most basic level, vacation rental management involves overseeing everything from marketing, to set-up and maintenance of your listing and your property, coordinating bookings and payments, guest services, housekeeping, and keeping and stocking inventory. In order to be truly successful, you can add market research, 24/7 concierge services, guest screening, and noise control to the list of tasks.
when to hire a vacation property
management company
If any of the list of duties outlined above is daunting or overwhelming to you, if you already have a full-time job and don’t feel like taking on another, or if you would simply prefer to invest your time and energy elsewhere, you may want to consider hiring a vacation property management company.
At Speed Keyz, we are dedicated to bringing our clients true “residual income”. We have a proven record of bringing our clients maximum return on their investment without placing demands on their time and efforts. Our rental management services are also customized for each client, so we can tailor a package that meets your exact needs!
Our services begin with initial market research to determine the viability of your market area. We also offer property and listing set-up (including interior decorating and professional photography), all administrative and property-related tasks, 24/7 guest services, marketing and continued market research to ensure maximum returns on your investment, guest screening and 24/7 noise monitoring to ensure quality and respectful guests.
Things to consider...
Speed Keyz offers the full range of vacation rental management services including:
- Initial market research to project revenue and determine viability
- Ongoing market research to determine optimal rates
- Property set up services (furnishing, decorating, amenities)
- Professional photography for marketing purposes
- Create listings as professional marketing pieces
- Manage listings on multiple vacation rental platforms
- Coordinate booking calendars and payments
- Screen for quality guests
- Coordinate check-in and check-out processes
- Provide 24/7 guest concierge services
- Provide 24/7 noise monitoring services and intervene when necessary
- Professional housekeeping services
- Managing inventory of and restocking household items
- Maintenance and repair services
Our services are provided on a month to month basis, so you aren’t locked into an inflexible contract that limits your freedom. We want our clients to stay with us because they want to, not because they have to, and once you’re on board, we believe you won’t want to leave!
We list your property on all of the major vacation rental platforms including Airbnb, VRBO, and HomeAway in order to maximize your target market. Each listing is carefully created with professional photography, eye-catching design, and engaging content, all with marketing in mind.
The vacation rental platforms we use have their own built-in booking systems. We utilize additional tools to coordinate the various platforms and ensure there are no booking conflicts.
Guest payments are also received through the rental platforms through their own systems. All payment will pass through the Speed Keyz account, then deposited into your account, less our commission portion. We will also follow up with guests for any additional costs incurred and collect them on your behalf.
No guest interaction is necessary as Speed Keyz handles all check-in, check-out, guest inquiries, requests, and complaints before, during, and after their stay on your property.
Yes! We are committed to maintaining the integrity of your home and good standing with your neighbors. We will turn away bookings from guests with negative reviews or a history of destructive behavior. We also employ a noise-monitoring system that alerts us if there is a disturbance so we can intervene before it becomes a problem.
Speed Keyz employs an in-house housekeeping manager who coordinates all cleaning and janitorial, laundry, inventory, and stocking needs with his team of housekeepers. We ensure the house is kept clean, and that guests are never left short of clean linens, toiletries, and other restockable household items.
Even with thorough guest screening, accidents can occur. If any damage is caused to your property by a guest, we follow up with them to collect on the repair costs and coordinate for work to be performed as soon as possible in order that subsequent guests are not affected.
Our vacation rental management fees are charged on a commission basis and range from 15-20%, depending on the scope of services as well as the size and type of your property. Some optional services such as professional photography are charged separately on an upfront, one-time-fee basis.
Serving You, Your Property, and Your Guests with Excellence
- Our market research team always has the latest and most accurate data to ensure you receive the highest return possible within the current market
- We list your property on multiple platforms to maximize occupancy
- We carry insurance of up to $1 million for each property
- We monitor your property at all times to ensure it remains in great condition, and that your guests are satisfied
