If you are considering becoming a landlord or making an investment in buy-and-hold rental properties. One of the most difficult challenges you will face is attracting tenants for your rental property.
Short-term rental properties can be an exciting and rewarding property investment.
However, the key is to develop a marketing approach that is both effective and thoughtful.
It is recommended that you offer your home on websites that are specifically designed for vacation rentals as part of your overall plan.
In the event that you decide to turn your investment property into a vacation rental.
Then consider listing your property on one or more of the vacation rental websites listed below.
So that your property is seen by as many qualified and interested guests as possible.
Airbnb
Airbnb is the most popular vacation home rental service in the business, with over a million listings. More than 81,000 places throughout the world are represent by five million rental property listings on the site.
The website’s clean design and simple filter capabilities make it simple for consumers to select the holiday home that best suits their needs. whether it’s based on location, amenities, or nightly fee options.
Your house should be listed on Airbnb website if you’re intending to do any advertising at all.
Moreover, it should not be restricted to only Airbnb.
In a market where we have five million listings to choose from, it is easy tha your property can be lost in the shuffle.
It is suggested that you post your property on Airbnb. And also other sites where it would be more visible, to maximise exposure.
No costs are charge to list a property on Airbnb. However, there is a 3% host service and guest processing fees which vary between 0 and 20%.
Among the many positive aspects of Airbnb is that it has established a reputation as the greatest online website for holiday rental properties.
It allows you to charge whatever you want and also has a safety feature in order to protect both the guest and the guest from scams and other illegal activities. Aside from that, we appreciate the $1 Million Host Warranty insurance plan.
VRBO
In fact, VRBO is a subsidiary of HomeAway, and their business structures are very similar. Holiday rental website VRBO is a popular choice for visitors looking for vacation properties in the United States.
VRBO makes it simple for both hosts and guests to offer reviews and feedbacks. And it makes it simple for hosts to screen their visitors before accepting them.
VRBO has more than two million listings throughout the world & focuses on whole houses and flats rather than split space rentals.
There are two methods for owners to pay to list their home on VRBO:
In addition to global visibility on more than twenty international sites.
The yearly subscription costs $499. They provides access to simple-to-use tools to assist you in managing your listing. Which includes 50 HD photographs, an interactive map, and a revolutionary reservation calendar.
This strategy, known as the pay per booking model. Levies a commission that is calculate as the overall reservation amount, with the commission rate of 8%.
The best part is that it allows the tourist and host to be as flexible as they want.
Getting your vacation rental property in thousands of users searching for a vacation rental is straightforward.
New services like as virtual tours and virtual assistants is introduce by VRBO in order to make the process of listing and managing your holiday home easier.
TripAdvisor
Whereas in the past, TripAdvisor was the go-to resource for adventure planning.
It is now using the resource for travellers seeking for lodging.
In addition to having 750,000 listings worldwide. TripAdvisor is the industry’s oldest vacation rental property listing site, having been in operation since 1995.
In addition to reading and responding to reviews.
The homeowners can easily upload photographs, answer queries, monitor bills, and examine their credit records.
Fees: If you have a free listing. A 3 percent commission will be deduct from all bookings made via your listing. There are no membership charges or listing costs associated with this service. It is completely free to list your home. A booking fee of between 8 percent and 16 percent is levied against each reservation.
