Choose A Property Management Company - Aspen Leaf (2)

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How to choose a property management company
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Introduction
At Aspen Leaf Property Management, we understand
that making the decision to hire a property
management company to take care of your vacation
rental can be daunting. We also understand that
you may want to handle a good portion of the
management yourself however, it is a
time-consuming task to promote your property,
answer inquiries and questions, screen guests and
making sure your rental is cleaned and maintained.
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Does the company understand the area?
You should choose a manager who understands the
local marketing. A property manager may have been
in business for many years, but may not have kept
up on changes in the industry, or may have just
gotten tired. Ask about how they market during
the high and low seasons, what types of
properties are most popular and if there are any
recent regulations that may affect your rental.
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What are the fees and terms of contract?
Most vacation property management fees can range
anywhere between 25 to 50 of the rental income.
You will need to determine if those fees are
suitable and if you can still meet your rental
income goals. At Aspen Leaf, we have an al a
carte system that will let you determine the
level of services and subsequently the fees you
pay.
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What services are included in the fees?
You should understand what services will be
included in the management fee. Some management
companies may charge extra for things such as
services performed outside of normal business
hours. You should understand specifically what
the fees cover, including maintenance, cleaning,
marketing and similar services.
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How will your property be marketed?
Many rental management companies will only market
your property on their website. This can be
problematic, as most individual management sites
will not receive the traffic that other major
sites such as VRBO or Home Away will get. You
should choose a company that not only lists on
its individual site, but will also assist in
getting your listing on those highly visible
sites.
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How will guests book your property?
You should fully understand when your potential
property manager will be available to take
bookings. Of course, you cant expect them to be
available 24/7, they should be available during
the times when most people will be making their
travel plans. Also, you should understand if
there is online booking available to enable
people to book when its convenient to them.
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When can you expect updates?
You will want to understand when and if you will
be updated on your propertys condition after
each booking, and they you are informed of any
damage or issues. Ask how and when the company
will update you on these issues. You should also
understand how the property management company
will handle any damages.
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Contact us
www.aspenleafpc.com info_at_aspenleafpc.com asp
enleafpc
aspenleafpc aspenleafpc aspenleafpc
Call 435-268-2020
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