Renting out your holiday home has never been easier, and the
benefits of managing your own lettings are worth the extra work. By
managing your own property you can:
- Increase your holiday home occupancy
- Avoid letting agent costs & commissions
- Take control of who rents your property & when
Get the most from your holiday home
Your holiday home is an investment and whether you plan to spend half
the year there, or just a few weeks every summer or ski season, you
want to get the best return on it. Letting out your property to
holidaymakers is a great way to make the most of your investment - if
you are not there, why not have someone else enjoy a great holiday -
and help pay your mortgage!
Manage your own bookings
Having decided to rent out your holiday property, you could use a
letting agent, or choose to manage the bookings/lettings yourself. If
you are considering using an agent, do check all the details before
signing as some do not permit owners to use a property during the peak
letting season, and may also restrict usage at other times. One way to
ensure a high volume of lets is to do it yourself. While this may seem
daunting, it gives you the option to be flexible with your letting
periods and pricing, so you can offer last minute pricing, late deals
and special offers to ensure maximum occupancy.
Money matters
Some owners are able to use a local letting agent in addition to doing
their own marketing, be aware though that agent commissions vary
greatly - most tend to be between 20% and 40% of the rental income. The
best thing about handling your own lettings is that you are not bound
to a single company, and do not lose rental income paying commission to
an agent. In addition, we charge you a flat rate fee for annual
advertising and do all the hard work of marketing your property to
thousands of potential customers without charging commission on your
bookings.
Your property - your choice
At the end of the day, this is your holiday home you are renting out.
By managing your own lettings you remain in control of the property and
have the final say in terms of who stays there, when and for how long,
and the rental is on your terms. Managing your own lettings can bring
in extra income while ensuring that ultimately all decisions regarding
bookings and maintenance stay with you.
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