Top 5 Features to Look for in Vacation Rental Property Management Software
What single tasks take up the most amount of time in your vacation rental business? Is it bookings? How about scheduling the housekeeping and maintenance staff? Maybe it’s the seemingly endless emails and communications with your guests to make sure everything is on track for their scheduled stay.
Regardless of whether you have a single vacation rental property, two properties, or dozens, there are a tremendous number of schedules and tasks to keep on top of. Wouldn’t it be nice to have an assistant of sorts to keep everything organized and running smoothly?
Vacation rental property management software offers that convenience to home owners looking to streamline and organize their rental operations. The better software systems automate many of the mundane tasks that property owners have to repeat again and again and again. Software systems also eliminate the possibility of important tasks getting forgotten or lost in the shuffle.
So what are the top 5 features you should look for in vacation rental property management software?
1. Online booking calendar so reservations can be made and paid for online
2. Automated emails and communications with guests
3. Vendor payment system and the ability to run reports and export your data.
4. Ability to customize fees, deposits, taxes, additional charges, discounts, promotions, offers, minimum stay nights, and special deals
5. System that will integrate with your current website and credit card payment system, easily
All these features do come at a cost to property owners. Expect to pay between $50 and $100 per property per year for the better vacation rental property management software systems. Also look for a company that will give you a free 30 day trial to test out the system and see if it is going to work for you. Spend the time to thoroughly set up your free trial and use it.
Keep in mind that although you are paying a monthly fee for the software system, you need to consider how much time you’re saving and the dollar value associated with that time. What is your time really worth? That’s where you’ll really see the value in an automated vacation rental property management software system.
About the Author
John Amato is the founder of Bookerville LLC, and has been heavily involved in the vacation rental industry for over five years.
Bookerville Vacation Rental Software easily and inexpensively manages 1 to 1000’s of properties. Over $40 million dollars worth of rental bookings have been completed through Bookerville. The company offers a free 30-day trial of its vacation rental software. Have questions or want more information? Contact John Amato at Bookerville today.