Short Term Rental Management – A Brief Overview ...

Short term rental services are essentially apps such as Airbnb and VRBO that help people find rentals for periods that lie anywhere in between six to twelve months. This presents a wonderful opportunity for owners to lease out their property to a suitable renter. There is a possibility that renters try to sublet properties or room thereby causing issues, specifically if the rental agreement forbids subletting or sharing the space. This is where Property Guard comes into play- by offering short term rental software that mitigates the aforementioned problem.

What property guard does

Detailed research enables the company to review short term rental service sites seeking listings that feature properties that are of interest to property owners. All relevant information including photos, details on the host, and owner, along with any data that is essential is fed to their software. With propriety software that gets better with time, a detailed report of all the listings with sufficient information is sent back to the end-user within 24 hours of the inquiry. Every week, a detailed summary of the traffic around the owner’s property is sent out allowing the entire management of the property to be done virtually.

Short term rental software

Any property manager is looking to keep his/her assets protected in addition to keeping clients happy. This is the sole reason for the existence of rental agreements in the first place. Ensuring that every facet of property is well protected is important not just to the owner, but also the renter as this ensures they have a safe and comfortable rental experience.

The need for shortened rental agreements has increased by a great deal specifically due to the rise of companies such as Airbnb. This is a great way to market a property, but at the same time, short term rentals can increase maintenance costs, causing issues for management companies. This is precisely why most management companies do not allow tenants to sublet short term spaces. Host compliance software is therefore the best way to monitor where exactly a particular space might be listed.

Features that Property Guard’s software one of the best:

  • Search Engine: Developed from scratch, the search engine helps to find listings in no time at all. Keeping up with the dynamic marketplace is no easy feat which is why additional rental platforms are added continuously.

 

  • Talos: Essentially a machine learning approach, Talos automatically scores the results from the search engine based on several data points. It can not only review descriptions, but also photographs and other data that is relevant to each listing.
  • Reporting: Multiple properties can be monitored with advanced reporting options for daily or weekly reports distributed across teams.
  • Dashboard and notifications: A dashboard helps to keep all the data centralized providing essential information. A simple click of a button directly from the inbox can help to notify hosts directly.

Property Guard has several satisfied clients making them one of the best short term rental monitoring solutions in the market.

Categories: Home Improvement