1. Hire a management company
2. Manage the property yourself
So let’s look at solution #1. The majority of the time hiring a management company means a lot more expense for you since now you will be paying anywhere from 40-60% in management fees. You will not know who is at your property, how to contact them if you want to follow up on their stay, and you will not have any control on what is being charged for your property or who is coming and going or for what purpose they are using your property not to mention you will not get your money till 4-6 weeks after your guest leaves. The upside to all this is that you don't have to do anything, just sit back and collect your revenue that has been severely reduced.
Now let’s look at solution #2. Managing the property yourself sounds good but there is an inherent flaw in that most vacation property owners live far away from their vacation rental property and most of the time have a full time jobs. This can pose a problem because when your guest has a problem, and yes they will, they expect service immediately not in the next few days not to mention as an absentee owner you will be responsible for getting the problem fixed and who knows if it will be fixed correctly? Now the upside to managing your self is that you get to decide who you rent to, what you charge and when you get paid. Sounds good to me but it is a lot of work and responsibility with no help.
Now wouldn’t it be great if somehow you could get the best of both worlds? Well, now you can with Mammoth395.com. Choose the degree of participation you want to have with your property. If you want full management you can have that with a nominal 20% management fee and still have the ability to control your rates, specials, discounts, rental terms, description and pictures and get the funds deposited directly into your account within 48-72 hours of the renter booking! Yes, the funds go to you directly! Not only that but show your potential renter a video tour of your property along with a floor plan so your renter knows exactly what they are renting. Your renters stay is supported by a full management team that is available 24/7 for your renters needs and yours. That’s right, have full management and still retain control over every aspect of your property for less than what traditional management companies charge where you have no control.
This new concept allows owners to be involved with the rental aspect of their property to whatever degree they feel comfortable. With our new upgraded reservation platform property owners at Mammoth 395.com can provide renters with AD-on’s they want to complete their vacation package. Provide your renters with all the bells and whistles of a major reservation website at your very own reservation platform. Compete with the big guys, save moola and have Mammoth395.com offer personalize services and support to your renters 24/7. Now how great is that!
For complete info on our services visit Mammoth395.com
Want to get the low down on everything in Mammoth Lakes visit Mammoth blog