Find out how the realtor can increase your income from seasonal properties
The real estate market does not live only from sales. In an attempt to leverage their business, the broker can increase their earnings by specializing in vacation rental properties. This is an opportunity that can yield good results in less time.
Especially in this period of economic instability in the country, when the slowdown can make sales difficult, renting properties during periods of long holidays, vacations or events can guarantee your survival and get you out of the suffocation. Sites and apps, such as Airbnb, Rent Season and Booking.com, only reinforce this.
As with any good endeavor, there are some important precautions you need to know before dedicating yourself to this alternative. In this sense, find out how the broker can increase your earnings with seasonal properties:
Tourist cities, such as Rio de Janeiro and other coastal destinations, or that concentrate large numbers of events, such as São Paulo, where many fairs and business meetings take place, are the best places to invest in seasonal rentals.
Monitoring and putting these events on your calendar should offer the best earning possibilities competitively. After all, compared to hotels, staying in a residential apartment, for example, rented for a few days is much more affordable for the customer. Especially if the costs are shared between family friends.
Renting for events
Another way that the broker can increase his earnings is by renting properties for holding events. Weddings, birthday parties and seasonal celebrations can be held at that beach house that has long been waiting for a rental. With proper organization and characterization, it can be a great option to accommodate the most varied types of parties.
The advantage of vacation rental
One of the biggest benefits of working with vacation rental properties is the speed with which the negotiation can be completed. With a good state of repair, a good price and good service, of course, everything can be set right in a matter of weeks.
However, you also need to have the right property for this purpose. Something that is only possible if the broker has a well-diversified portfolio. And to make your real estate portfolio more organized, count on the help of a real estate CRM, such as vile mob. Thus, it is easier to act with lease and sale.
Disclosure and differentiated service
As in other situations, advertising is also the lifeblood of the season rental business. And it requires a differentiated disclosure. So, be careful with the ads! This is a strategy to get ahead of the competition.
And the more channels you advertise, your chances of finding a customer increase dramatically. Therefore, it is worth investing in a social integration tool. With it, you can publish your ads, at once, on Facebook, Twitter, WhatsApp, among other channels.
Attention to legal issues
The owner of the property has a decisive participation to make the seasonal lease viable. The property needs to be ready to receive “strangers” and some conservation rules need to be established and properly registered, so that there are no frustrations.
Create a contract with the lessor and lessee information, the agreed amount, method of payment, damage clauses, among other important details.
You can already see that the broker can increase your earnings by offering various services. There is no longer any reason to wait for the perfect deal. The bills arrive, even if you don’t have any money in your pocket. Having a wider range of options helps you survive and grow in the real estate market. Don’t let this chance pass.
The real estate market does not live only from sales. In an attempt to leverage their business, the broker can increase their earnings by specializing in vacation rental properties. This is an opportunity that can yield good results in less time. Especially in this period of economic instability in the country, when the slowdown can make sales…