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Hi everyone,
February is now behind us. For me, it was a pretty good month for booking my properties. I think answering all of those inquiries in January paid off-- many renters have now come back to me and booked their dates. At this point, I stand at about 40-50% of my booking goals for 2008.
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I always get questions from owners about screening guests. So this month's top ten is a lighthearted look at the types of inquires that send up red flags for me. If I get any of these types of emails, I typically dig a bit deeper before renting to these folks.
In most areas of the country, spring break is sometime between March 15th and April 15th. If you are not booked yet for these weeks, be sure to respond to your inquiries quickly to capture those last-minute bookings.
Happy Renting! Christine Karpinski
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Trust Your Instincts: 10 Lines That Should Raise a Red Flag
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1) “I noticed that your ad says ‘no smoking,' but cigars are okay, right?”
2) “We're not 100% that we're to go on vacation this summer, but we'd like to go ahead and book a week-- just in case. What is the last day that we can cancel without losing our deposit?”
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3) “My twelve-week-old schnauzer puppy is pretty much house broken and only chews on the furniture when we're not watching him.”
4) “We have sixteen cats that we like to bring on vacation with us. However, we'll only bring as many you allow. What is the maximum number of cats that you allow your guests to bring?”
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5) “We live in the area and would like to rent your home for one evening.”
6) “I am a very responsible 19-year-old college student and would like to stay at your property with 10 of my friends for spring break.”
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7) “How often do you clean your light fixtures, dust your blinds, and clean under your refrigerator?”
8) “$1500 for one week is a pretty steep, don't you think? I'll give you $250 for the week.”
9) “Do you have washable paint on your walls? I ask because my two-year-old is going through an artistic phase and his favorite canvas is a bedroom wall.”
10) “I am a prince from Nigeria about to come into my inheritance…”
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Problem Solving When considering whether or not to rent their home, a lot of vacation homeowners worry about how to handle the problems that may arise.
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Thanks to Mike (HomeAway #177737) for his insight:
"Respond to inquiries ASAP!!!!
Keep calendar updated
Don't discount unless booking within 14 days of arrival or staying longer than usual
Create an inquiry reply template to cut and paste into a reply email to quickly complete and send. Be sure to include a brief introductory statement, reservation details, check-in / check out policies and payment / cancellation policies and BOOKING INSTRUCTIONS.
Create a guest agreement in pdf format and attach it to your inquiry reply
And that's just replying to your inquiries…"
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February 13, 2008: Playing Catch Up Ok, I know I have told you this before but… I don't always practice what I preach. Toward the end of the year and the first part of the year, many of the articles were about organizing your vacation rental life, right?
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This month, you're getting a double dose of Ed Reese. Enjoy!
Selling a Vacation Rental Home Christine talks with vacation rental owner, Ed Reese, about his experience trying to sell one of his vacation homes.
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| February Vacation Rental News |
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Visit the Owner Community for more February Vacation Rental News and 100s of articles in the Vacation Rental News archive.
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Bids to tax short-term vacation rentals OK'd in Encinitas "If you can't ban them, make money from them. That seems to be the philosophy of the Encinitas City Council, which voted late Wednesday to put two initiatives on the June 3 ballot that would levy a “hotel tax” on short-term vacation rentals." SignOnSanDiego.com (2/22/08)
Think Summer (a Warning) "LET'S start with the bad news. Thanks to the weakness of the dollar, staying close to home this summer is probably going to be more popular than jetting off to Europe — which means everyone you can think of will be competing for nearby rentals." NYTimes.com (2/22/08)
House Passes South Dakota Vacation Home Bill "Special regulations for vacation homes in South Dakota were approved Wednesday by the state House. Representatives gave 59-11 final approval to a bill that would apply to homes that are rented for more than 14 days a year." Chron.com (2/21/08)
Kauai bill bans new vacation rentals "After several years of wrangling, the county has a bill in place again to stop the proliferation of new vacation rentals blamed for destroying neighborhoods from Kekaha to Ha‘ena. The divisive community debate has pitted real estate agents against residents, property rights advocates against government officials, County Council members against each other." KauaiWorld.com (2/20/08)
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HomeAway, Inc. Vacation Rental Owners Conference
We're considering holding a 2-3 day conference in the next year where our vacation rental owners can connect, learn, and share.
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Thanks to everyone who participated in the survey that we sent out in December. The level of interest in the conference was overwhelmingly high, so we're now in the information gathering stage of the planning process.
To help us move forward and to shape our conference program, we're going to need 3 types of participants:
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1) Idea Generators. Would you like to join a team of owners to help guide the program/content development of the conference? Are you interested in brainstorming session topics, potential professional speakers, or products that you';d like to see at the event? If so, we';d love to pick your brain. |
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2) Presenters/Panelists. Are you an experienced owner or industry expert interested in presenting about a topic relevant to the vacation rental industry? Or would you be interested in sitting on a discussion panel? Let other owners learn from your experience. |
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3) Sponsors/Exhibitors. Do you have a product or service that you'd like to introduce to vacation rental owners? We're going to be pulling together a broad spectrum of sponsorship and exhibition options that will be sold on a first come, first served basis. |
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If you'd be interested in participating in the conference in one of the above capacities, please fill out this quick form and we'll be in touch with you over the next few weeks.
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Learn more about the HomeAway Network or List your property today.
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