One of the most common issues we hear from people trying to manage their own holiday rental property, especially while still working, is that they start tripping over themselves trying to:
Keep Airbnb and HomeAway calendars up-to-date
Stay on top of booking enquiries and bookings
Schedule linen rotation and cleaners
Be available to answer questions posed by guests
Ask for reviews
These all add up to being challenges that make it difficult to ‘get it right’ – and prevent owners from being as successful with their holiday home as they would like to be. In 2018 a leading vacation rental organisation conducted a study that found one third of owners who manage their property say that they are not get enough bookings, and this in itself was stressful.
The irony is that these well-intentioned holiday home owners took it on with the view that they could provide a great personal service. Ultimately, it pays to think with your head and not your heart and take into account the following:
How much time are you able to dedicate to managing your rental?
Is your top priority earning income?
If you have lots of free time to spend learning about vacation rentals, answering guest inquiries, managing bookings, organising cleaners – then you’re in a great position to manage your property yourself.
If you don’t have a lot of time to to manage your vacation rental and you need to cover your costs quickly, you might better off using a cost-effective Airbnb Property Management Service like MindMyBNB.
If you know someone who's struggling with managing their holiday home in the South West of WA, specifically in the Dunsborough, Eagle Bay, Quindalup and Yallingup areas, please pass on our details www.mindmybnb.com.au or ask them to give Brenda a call on 0417 946 402. We'd love to help.