We have found that many homeowners prefer online marketing as opposed to local rental offices to save on commissions. Another benefit is that most online vacation rental websites are based on a one-time yearly fee and often one short rental will cover a whole year of listing a property whereas a vacation rental company will absorb 15-20% from each reservation.
The Coastal HomeAway team wants each homeowner to be successful and offers many services that will help. We help owners prepare their home to be a successful vacation rental, we photograph and create online listings and we can help maintain the vacation home once guests are in as well as offer a variety of services to guests. Also for owners that we work with we are happy to promote their property on our “Vacation Rental” page for free!
We have provided more information about different sites below but our #1 goal is to reveal that owners have much more options that they think!
VRBO.com VRBO stands for Vacation Rental by Owner and this may be one of the most profitable ways to list a vacation home. In a nutshell, owners pay a flat fee per year and can book as many reservations with no additional commissions. VRBO (by HomeAway.com) has tiered options/pricing for listings and allow the creation of custom-made listings so that each property’s parameters can be applied. For example, some owners only wish to rent their homes for one month at a time, or certain times out of the year and with fluctuating rates depending on those times. Click on the picture below to preview one of our listings and to see how your property listing might appear. We are happy to say that within one week of this listing, our owner had booked his home for three months and the profile was visited almost 700 times and this was achieved with only the “Classic Plan”…!
If VRBO isn’t for you, there are several online vacation rental services that can be used following a similar format and can be seen below.
FlipKey.com, a TripAdvisor site, offers the company’s signature five-star user reviews—giving you real travelers’ views of the pros and cons of any particular property plus specific ratings on everything from cleanliness and service to overall value. Choose from more than 100,000 properties from locations around the world.
HomeAway.com has an extensive range of rental properties, 185,000 from locations around the world. Fortunately a great search engine makes it easy to narrow down the results by destination, rental type (everything from cottages to condos) and bedroom and bathroom count. And you can pay a little extra for the HomeAway Carefree Rental Guarantee ($39 for a $3,000 rental), which will help you recoup your losses if the rental isn’t as it was represented on the site, the property was double booked or the home has been foreclosed on.
VacationRentals.com (From HomeAway) Your subscription is completely risk-free on VacationRentals.com. We’re so confident you’ll receive bookings from our site, we guarantee your success. When you list your property for one year, we guarantee that you will receive at least one booking, or you will be eligible for a full refund.
VacationHomeRentals.com A basic listing costs only $119 per year. There are no commissions or other hidden fees. Even one extra rental will easily cover the cost. With our low cost, even if you advertise on other sites, listing on VacationHomeRentals.com is a great way to maximize your revenue. We also offer additional listing plans. We are an established and respected company - advertising more than 13,000 properties in more than 100 countries around the world. We are proud to have eight years of successful marketing behind us and are growing at one of the fastest rates in the industry.
PerfectPlaces.com is another popular site with great pricing for owners wishing to list their vacation rental property. The site claims: Our subscriptions rates soundly beat the competition. Listing on multiple sites offers a 50% subscription discount on each additional site. Prices can be seen here.
Coastal HomeAway’s Online Rental Listing Services
CAN COASTAL HOMEAWAY HELP ME LIST MY PROPERTY ON A POPULAR VACATION RENTAL WEBSITE?
Yes! Coastal HomeAway’s listing service is a flat rate of $250 and includes all photography, property descriptions and account set up for the owner. The interaction between potential guests, reservation approval, financial/payment exchange and listing updates would be the responsibility of the homeowner unless otherwise agreed. As a bonus for homeowners using our listing service Coastal HomeAway will also provide space on our site to promote your property (linking to VRBO site) free of charge.
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