Defining Short-Term let Management, And How It Can Give You Money & Freedom
Are you a landlord managing your own holiday lets full-time, wishing you could have more free time in your week and more money in your pocket?
Managing properties for short-term letting is a 24/7, full-time job. From property maintenance to making sure guests have everything they need when they arrive, there is a never-ending list of things to do.
This is where short-term rental management comes in. So what does this mean? Short-term letting management is where a company like ours, takes charge of the administration and operations of your property lets. This can involve:
Managing property listings
Managing guest bookings
Organising cleaning
Property maintenance and repairs
Guest management, pre- and post-stay
With the full operations taken care of, you’ll get back time, and a team dedicated to helping increase the cashflow from your property.
The Differences Between Short And Long-Term Rental Management
Using property for short-term holiday lets are on the rise, with landlords recognising the benefits of this investment strategy over the traditional buy-to-let. But, we often see landlords forgetting the benefits that come from using your short-term let for slightly longer-term rental.
The income from short-term let properties follows a seasonal trend, and while they demand higher nightly rates, properties that are also used for longer-term rental during out-of-season months can help landlords to see a return on investment year-round. A higher occupancy rate that remains consistent will guarantee you higher profits from your property!
In Bournemouth, Christchurch, and Poole, the need for rental properties that are available for 2-weeks or a month is increasing because of more demand from businesses making corporate bookings; at Grandeur Property, our team of property management specialists are here to help you make the most from your property asset.
The Benefits of Using Specialists in Short-Term Letting Management
We’re proud to be a team of experts in property management, who are dedicated to providing landlords with an all-round, hands-off management service that means our clients never have to lift a finger.
Our services ensure all day-to-day operations and administration of your property are looked after. From organising your property listing on popular booking engines, to providing a 5-star cleaning and maintenance service, as well as making sure your property is well-marketed so we can maintain consistent occupancy of your short-term let, and you with a consistent cashflow.
By using a short-term letting management company like ours, you can also make use of our platform, brand, and reach to obtain bookings for longer periods of time and with increased nightly rates. This is a property investment strategy that works but it needs energy and dedication of time. So instead of running this full-time, 24/7 business on your own, trust specialists that can take care of everything for you, obtain you a strong monthly income, and give you back the time and freedom to do the things you love!
If you’re a landlord looking for a property management company to support you, check out our case studies from some of our clients in the Bournemouth, Christchurch and Poole area. Or, for more information about short-term letting management, or to find out how we can help you to achieve more income and freedom of time, get in touch with our team today.