With revenge travel on the rise, people all over the world want to take vacations to reclaim normalcy. No longer satisfied with renting a room in a hotel, many vacationers want a home away from home.
This is great news if you want to earn money when you're not using your home. The trick is knowing how to turn your home into a cozy vacation retreat that's successful and attractive.
We've gathered our top home-sharing tips that'll help you with this. Keep reading to get started!
Learn the Laws
The first thing to do is to familiarize yourself with your local landlord and tenant laws. This ensures that you're staying within regulations and that you protect yourself from any wrongdoing.
It also gives your guests a sense of peace when you prove that you know your stuff. They'll feel like they're getting the best of both worlds: a professional mindset with a comfortable and unique home for rent.
Next, you'll need to set rules that your guests will follow during their stay. Make sure to outline all of these rules within the renting agreement.
Don't forget to include the repercussions that'll happen if the guests break any of your rules.
Include things such as cleaning expectations, off-bound areas, repair costs, and whether pets are allowed on the property. Without these details listed in exact terms, you'll have trouble defending yourself if a dispute happens.
Prepare Your Home
The biggest part of the entire process is to prepare your home for your incoming guests.
The first time you tackle this, it'll seem overwhelming. Don't worry, it'll get easier as you gain experience in setting up a vacation property.
Things you'll want to do include:
- Deep clean and sanitize your home
- Clear away personal belongings
- Take down family portraits
- Block off private areas
- Replenish necessities
- Set up devices with guest accounts
In addition to these things, remember to think about a certain personality for your home. Guests want to feel like they're in a home away from home, but they also want an experience they'll remember.
Choose a personality that inspires you, such as romantic, family-forward, or rustic.
Make a Creative Listing
You won't attract guests if those guests have no idea your home is for rent. Take pictures of your home and create an exciting listing that shows off all of its unique perks.
Don't forget to use your home's personality as a selling point. Play into it so that people get excited to dive in and see what it has to offer!
Get Professional Home Sharing Tips
It's a daunting task to rent out your home for the first time. Even with the best home-sharing tips to guide you, it's always good to get an expert's insight.
PMI Jewell is here to help. We have both the experience and the passion to aid you in your new business adventure. With our keen eye for details, we can elevate your listing and make sure your home is ready for your first guests.
Check out our vacation property management services and we'll get you started right away!