The Rental Market is On Fire – How is Your Short-Term Rental Faring?

April 26th, 2022 Josh Hatter
Property Management Company in Charleston

As we head into peak vacation rental season, never before has there been such fervor to hit the open road and find a vacation rental to escape your daily existence. Whether it is COVID tensions easing or just our collective weary soul trying to escape the boredom of everyday life, if your rental isn’t booked through New Year’s, you are doing something wrong! At Stay CVP, our mission is to get you the most money for your rental investment, reduce vacancies, and most importantly, make sure that your reviews are always 5 stars. How do we do that? We make sure to focus on these five short-term rental property management musts to put your rental over the top!

Cleanliness

If there is one single factor that means more than ever before, it is the cleanliness factor. COVID changed all our minds about the germs lurking within and the importance of entering a property without seeing traces of the people who vacationed there before us. As a property management group, we understand the importance of meticulous cleanliness that is a must in a post-COVID existence. There is no skimping or cutting corners; we follow all COVID-clean protocols and then go one step further to ensure that things shine like new, just because we know all guests are looking when they walk through the door!

The Small and Fine Details

A short-term rental impression is made or lost in the small details. It takes very little to provide things like an extra trash bag or soaps so that your guests are covered should they have forgotten. As your property management company, we understand that the small cost of supplying those niceties that others think aren’t worth it means so much to your ratings and reviews. And we wouldn’t dare sacrifice them. Chocolates are a must, trash bags, don’t skimp, soaps that smell good… it really isn’t that hard – for us!

Maintenance Woes Won’t Be Yours

If there is one thing that can really put a dent in a short-term rental’s favorability with guests, it is items that are broken or just not up to snuff. It is your SECOND home, which means that sometimes you can’t make it your first priority. That’s what we are here for. Your second home is never our second thought, and we ensure that things are 100% before people arrive. We don’t wait for a complaint to happen, because we’ve taken care of it before it is complaint-worthy. Prevention is not only the best medicine; it is also the best way to ensure that your ratings don’t turn into negative reviews!

Ease of Booking

In today’s world of travel, if someone has to pick up a phone to call – they won’t. We make sure that your short-term rental is booked as easily as possible online. Sure, we are there if people have questions, but our real mission is to provide enough information, images, and ways to answer any questions that someone could have – before they have them. We understand that convenience is everything, so we do all that we can to ensure that they book before we – or you – lose them!

Real-Time Results

We don’t just guess and use intuition…not that we don’t have it! But we have perfected the process of short-term rentals using real quantitative data. That allows us to minimize vacancies while maximizing your rental income. When you sign on with us, you can rest assured that we know what we are doing. We have industry-proven data for the past decade that drives our decisions and what we do best – get your home rented!

As we roll into spring and summer, your home should be rented and booked solid until the New Year. If it is not, you are doing something wrong – actually, your property management company is. At StayCVP, we have proven results to minimize vacancies and maximize your rental income. Contact us today to ensure that you are getting all that you can in this red-hot rental market!

Josh Hatter

By: Josh Hatter

Josh Hatter moved to Charleston from the Washington, DC area in 1999 to complete a Business Administration degree at the College of Charleston. He graduated from the Moore School of Business at the University of South Carolina with an MBA in 2010.

After spending nearly 20 years of his professional career growing businesses primarily supporting the US Navy, he decided to rent a single bedroom out of his home in 2016. Since that single bedroom nearly 6 years ago, he has grown his portfolio into several businesses owning investment short-term rentals both alone and with partners, as well as managing a portfolio of nearly 100 bedrooms for clients to help them meet their long-term investment property goals.

He loves supporting his clients, growing their investments and hosting thousands of guests as they visit Charleston through his property management company, Coastal Vacation Properties.