Getting Your Timeshare Ready for Rent
Before you list your timeshare on VRBO and welcome renters, it’s crucial to ensure that your property is in top-notch condition and fully prepared to provide a comfortable and enjoyable stay. Here’s a guide on how to get your timeshare ready for rent:1. Evaluate Your Availability
◆ Choose the Right Time
Determine the periods when your timeshare is available for rent. Consider peak vacation seasons and holidays when demand is higher.
◆ Sync with Your Calendar
Keep your availability calendar on VRBO up-to-date to prevent double bookings and accurately inform potential renters about when your timeshare is available.
2. Set an Attractive Price
◆ Research Local Rates
Research similar timeshares in your area to understand the prevailing rental rates. Setting a competitive price increases your chances of attracting renters.
◆ Consider Peak Seasons
Adjust your rental rates based on peak and off-peak seasons. Higher rates during high-demand times and lower rates during quieter periods can attract more bookings.
3. Create an Appealing Listing
◆ Thorough Cleaning
Start by thoroughly cleaning your timeshare. Dust, vacuum, and sanitize all areas, including bedrooms, bathrooms, kitchen, and common spaces.
◆ Maintenance Check
Address any maintenance issues. Fix leaky faucets, broken appliances, and other issues that could impact renters’ comfort.
◆ Upgrade and Decorate
Consider simple upgrades and decorations that enhance the appeal of your timeshare. Fresh paint, new linens, and tasteful decor can make a significant difference.
4. Offer Essential Amenities
◆ Functional Appliances
Ensure all appliances, such as the refrigerator, stove, microwave, and dishwasher, are in good working condition. These amenities are essential for a comfortable stay.
◆ Kitchen Essentials
Stock the kitchen with basic utensils, cookware, and dinnerware. Renters appreciate the convenience of being able to prepare their meals.
◆ Bedding and Towels
Provide clean and comfortable bedding, pillows, and towels. Having an ample supply of these essentials ensures a pleasant stay.
5. Conduct a Thorough Inspection
◆ Safety Check
Test smoke detectors, carbon monoxide detectors, and fire extinguishers to ensure they’re functioning properly. Safety is a top priority for renters.
◆ Check Lighting
Make sure all light fixtures and bulbs are working. Adequate lighting contributes to a cozy and inviting ambiance.
6. Create an Information Packet
◆ House Rules
Prepare a clear set of house rules, including policies on smoking, pets, noise, and other important guidelines.
◆ Local Information
Compile a packet with information about local attractions, restaurants, emergency contacts, and other relevant details that can enhance your renters’ experience.
7. Arrange for Key Access
◆ Key Exchange
Decide how renters will receive the keys to the property. You could provide a lockbox code, meet them in person, or have a property manager assist with the check-in process.
◆ Backup Plan
Have a backup plan in case renters encounter any issues with accessing the property. A smooth check-in experience sets a positive tone for their stay.
Listing Your Timeshare on VRBO
Listing your timeshare on VRBO is a crucial step in the process of renting it out. A well-crafted and comprehensive listing can attract potential renters and give them the information they need to make an informed decision. Here’s a breakdown of how to create a compelling listing:1. Register as a Host
If you’re not already registered as a host on the VRBO platform, sign up by providing your basic information, contact details, and payment preferences.
2. Add the Listing Details
◆ Accurate Description
Write a clear and accurate description of your timeshare. Mention the number of bedrooms, bathrooms, and any unique features it offers. Highlight the benefits of staying at your timeshare, such as proximity to attractions, access to amenities, and exceptional views.
◆ High-Quality Photos
Include high-resolution photos that showcase your timeshare’s interior, exterior, and any special features. Bright, well-lit images can help potential renters visualize their stay and make your listing stand out.
◆ Amenities
List all the amenities available to renters, such as a fully equipped kitchen, swimming pool, gym, spa, parking, and more. The more comprehensive your amenities list, the more appealing your property will be to potential renters.
◆ Local Attractions
Describe nearby attractions, such as beaches, landmarks, shopping areas, and restaurants. Renters often choose a property based on its proximity to the places they want to visit.
◆ Clear Rental Terms
Specify the rental rate per night or per week, as well as any additional fees (cleaning fees, security deposit, etc.). Be transparent about the payment schedule and cancellation policy to avoid any misunderstandings later.
◆ Availability Calendar
Keep your availability calendar up-to-date. Renters appreciate accurate information about when your timeshare is available for rent.
3. Highlight Unique Selling Points
◆ Stunning Features
If your timeshare has unique selling points, make sure to emphasize them. This could include features like a private balcony, ocean view, hot tub, or access to exclusive amenities.
◆ Personal Touches
Share any personal touches or special amenities you provide for renters, such as welcome baskets, local tips, or discounts at nearby attractions.
4. Use Clear and Engaging Language
◆ Engaging Title
Craft a catchy and descriptive title that captures the essence of your timeshare. For example, “Luxurious Beachfront Timeshare with Spectacular Views.”
◆ Detailed Description
Write a detailed description using clear and concise language. Avoid jargon and technical terms that might confuse potential renters.
5. Update and Maintain the Listing
◆ Regular Updates
Keep your listing updated with current photos and accurate information. Highlight any renovations or improvements you make to the property.
◆ Quick Responses
Respond promptly to inquiries from potential renters. A timely response shows your commitment and professionalism.
Managing Inquiries and Bookings
Once your timeshare listing is live on VRBO, you’ll likely start receiving inquiries from potential renters. Managing these inquiries and bookings efficiently is essential to provide a positive experience for both you and the renters. Here’s a detailed guide on how to handle inquiries and bookings effectively:1. Respond Promptly
◆ Timely Communication
Respond to inquiries as quickly as possible, preferably within a few hours. A fast response demonstrates your commitment and helps build a positive impression.
◆ Professional Tone
Craft your responses in a professional and friendly tone. Address any questions the potential renters might have and provide additional information if needed.
2. Provide Clear Terms
◆ Transparent Pricing
Clearly state the rental rate, any additional fees, and the payment schedule in your responses. Avoid any ambiguity to prevent misunderstandings later.
◆ Availability
Confirm the availability of your timeshare for the requested dates. If the dates align, let the potential renter know that the timeshare is indeed available.
◆ Cancellation Policy
Communicate your cancellation policy, so potential renters are aware of the terms in case their plans change.
3. Utilize VRBO Tools
◆ Messaging Platform
Use VRBO’s messaging platform to communicate with potential renters. This keeps all communication in one place and allows you to track conversations easily.
◆ Booking Management
VRBO provides tools to manage bookings, send rental agreements, and process payments securely. Familiarize yourself with these features to streamline the rental process.
4. Secure Bookings
◆ Send Rental Agreement
Once a potential renter is interested and ready to proceed, send them a rental agreement. This agreement should outline all terms, including payment details, check-in/check-out procedures, and any house rules.
◆ Deposit or Payment
Depending on your arrangement, you might require a deposit or full payment to secure the booking. Ensure you have a secure and reliable method for receiving payments.
◆ Confirmation
Once the rental agreement is signed and payment is received, confirm the booking with the renter. Send them a confirmation email with all the relevant details, such as arrival instructions and your contact information.
5. Stay Available
◆ Pre-Arrival Communication
Keep communication open leading up to the renters’ arrival. Answer any last-minute questions they might have and reassure them that you’re looking forward to their stay.
◆ During Their Stay
Make yourself available for any questions or concerns the renters might have during their stay. A quick response can make their experience smoother and more enjoyable.
◆ Post-Stay
After their stay, follow up with renters to gather feedback. Positive reviews can boost your credibility and attract more renters in the future.
Preparing for Renters’ Arrival
Once you’ve successfully secured bookings for your timeshare on VRBO, it’s time to focus on ensuring that everything is in order for your renters’ arrival. A welcoming and well-prepared property enhances their experience and sets a positive tone for their stay. Here’s a guide on how to prepare for your renters’ arrival:1. Ensure Property Cleanliness
◆ Thorough Cleaning
Clean the entire property thoroughly before your renters’ arrival. Dust, vacuum, mop floors, and wipe down surfaces to create a fresh and inviting environment.
◆ Bathroom and Kitchen
Pay special attention to the bathrooms and kitchen. Ensure these areas are spotless, and all amenities are stocked.
◆ Bedrooms
Make the beds with fresh linens, pillows, and covers. Double-check that all bedroom essentials are in place.
2. Create a Welcome Guide
◆ Property Instructions
Prepare a detailed welcome guide that includes instructions on how to access the property, work appliances, and adjust temperature controls.
◆ Local Recommendations
Include recommendations for local attractions, restaurants, grocery stores, and any other useful information renters might need.
◆ Emergency Contacts
Provide emergency contact information in case renters encounter any issues during their stay.
3. Check Amenities
◆ Utilities
Ensure all utilities such as water, electricity, heating, and cooling are functioning properly.
◆ Appliances
Test all appliances to make sure they’re in good working condition. This includes the stove, oven, microwave, refrigerator, dishwasher, and any other provided amenities.
4. Arrange a Smooth Check-In:
◆ Communication
Reach out to your renters a few days before their arrival to confirm their check-in details and provide any last-minute instructions.
◆ Key Access
If you’re not meeting them in person, provide clear instructions on how to access the property. This might involve sharing a lockbox code or instructions for retrieving the key.
5. Address Special Requests:
◆ Accessibility
If your renters have specific needs, such as mobility issues, ensure that the property is accessible to them.
◆ Special Occasions
If renters are celebrating a special occasion like a birthday or anniversary, consider providing a small welcome gift or decoration to enhance their experience.
