Galveston's tourism sector is experiencing continuous growth. About seven million visitors explore the area each year. How many are choosing to stay in your vacation property in Galveston?
If the answer is "not many," you need to reevaluate your Airbnb rental management. Consider hiring a property management company. Their proven strategies can help you increase bookings.
Not sure who to hire? Read on for tips to simplify your search!
Property Management Experience
Don't choose the first property manager you find. Texas has the second-highest number of property managers in the US (28,200). Instead, determine how long each property management company has offered services.
Look for a team with years of local experience managing different types of properties. They can leverage their experience and expertise to your benefit.
They'll know which strategies are effective and which waste time and money. They'll ensure you avoid costly mistakes and operate efficiently.
Make sure the company you hire is licensed and insured. Determine if the team completed any form of training. Ask if they have certifications that prove their level of expertise.
For example, you may find a:
- Certified Property Manager (CPM)
- Certified Apartment Manager (CAM)
- Master Property Manager (MPM)
- Certified Manager of Community Associations (CMCA)
Make sure their experience is relevant to your needs. How often do they manage vacation properties? Ask if they have experience with different vacation rental platforms, including Airbnb.
Tactics for Attracting Guests
Your vacation property in Galveston will sit vacant if you don't implement a marketing strategy. Ask each property manager how they intend to increase bookings. They may recommend:
- Hiring a real estate photographer
- Creating virtual or video tours
- Making small upgrades
- Content marketing
- Social media marketing
- Search engine optimization
Look for a team that keeps up with real estate marketing trends. For example, properties with video content generate 403% more views than others.
Ask about their success using these strategies. Determine if they have case studies you can review.
A Range of Services
Look for a full-service vacation property management company. Their services may include:
- Inspections
- Property maintenance
- Rental marketing
- Guest screening
- Guest services
- Coordinating bookings
- Communication
- Accounting
- Overseeing cleaning
Determine what technology they use when offering these services. They may use a guest portal to simplify the check-in/check-out process. You can use this portal to review bookings, accounting, and more.
A Strong Reputation
Check for client reviews online. Look for a team with a glowing, five-star reputation.
Finding a property management team with a strong, established reputation will give you peace of mind. If you find the same complaints between clients, keep searching.
The Right Price
Ask three local companies for an itemized list of their services. Compare costs between three companies.
Determine if the company offers a guarantee. Ask if they'll customize their services based on your needs. These companies will have your best interests in mind.
Request Airbnb Rental Management Today
Finding effective Airbnb rental management can feel stressful if you don't have a plan. Keep these factors in mind during your search. With these tips, you can find the best team for your vacation property in Galveston.
Look no further! Our team at PMI Galveston Bay has 20 years of property management experience.
We use proven strategies and state-of-the-art technology to help clients maximize profitability. Contact us for help with your vacation property!
