Home staging vacation rentals is one of the best methods of constantly attracting interest to your unit in the often ultra-competitive vacation property rental industry. Vacation rentals are a form of investment property in which the owner chooses to rent the unit short-term to travelers from around the world. Typically, the owner will sign a contract with a property management company, which will find the prospective renters, close the deal and handle all the business transactions, including providing necessary maintenance on the unit, when needed. Hiring a home stager or home stylist to enhance the unit will help tremendously when it comes time to distinguish your rental from the competition.
This discussion will focus on maximizing profit from your rental, while minimizing decorating and maintenance expenses.
Home Staging Vacation Rental Explanations
Home staging is a form of cosmetic interior optimization which enhances the décor, layout and overall aesthetics of the space. Home staging is not overly expensive, nor does it involve renovation or structural changes to the unit. Retaining the services of a home stylist or home stager is a great way to be sure that the rental always looks fabulous, well kept and up-to-date when new guests arrive.
Remember, one of the best parts of vacation rental business is the opportunity to entertain clients repeatedly. If they enjoy your unit, you will also earn their referrals to friends and family who may also be traveling to the same destination. Keep your renters happy and they will, in turn, keep your bank account very satisfied, as well.
Staging allows for regular cosmetic overhauls, without breaking your bank account. This way, you are happy and even repeat renters are delighted with the ever-changing and improving decor.
Plan for Staging Holiday Rentals
If you are managing your own property, then it is wise to contract regular styling and touch-ups with an area staging service provider. This way, fittings and furnishings will always fit the latest trends, which is particularly crucial in high-end luxury rentals. If you are hiring a management company to rent out the unit on your behalf, then consider talking to them about retaining a home stylist to enhance the aesthetic appeal of the unit regularly.
Remember that the pictures or video tour of your property are the tools which will sell the unit to prospective guests, who will have to book the rental sight unseen. Home staging will make these pictures and videos fantastic, creating an interior space full of charm, character and irresistible attraction for prospective renters.
Overview of Home Staging Vacation Rentals
Of course, adding regular home staging to your budget will definitely cut into your economic bottom line. However, short-term rentals in popular locations are incredibly profitable enterprises and if the competition is fierce, the small investment will pay huge dividends in terms of constant rental turn-over without vacancies, repeat rentals from happy customers and lots of quality referrals. Your unit will become the one which is recommended by local real estate agents and rental specialists, if it is always in top form.
Just remember, in order to really make a living renting properties, sometimes you have to reinvest some of your earnings into marketing and upkeep. This is exactly why home staging fits the bill 100%. After all, when it comes to vacationers, simply adequate furnishings will not thrill them. They can have this at home. They want to be wowed, and with some quality staging designs, they will be.