About 11 million people visited Utah within a single year, giving you plenty of opportunities to book your Park City vacation rental! If your rental property is sitting vacant, you'll start losing money fast. Before that happens, look into local vacation rental management companies.
The best vacation rental management company can help with marketing, guest services, maintenance, and more. Not sure which company to hire? Read on to find the best property managers in Park City today!
Experienced Property Managers in Park City
The US property management industry has grown by over 2% within a single year. There are now over 296,200 businesses in the country. As the industry grows, new property managers in Park City will start offering services.
These less experienced property managers are more likely to make a mistake. Instead, look for teams that have already learned from their time in the industry.
Determine how long each company has operated in Park City. Ask how many Parcy City vacation rentals they managed during that time.
Ask how many rentals they're currently managing. If the company is stretched too thin, they may neglect your needs.
Confirm that the company has an understanding of local housing laws, regulations, and management trends. Their local experience and expertise with vacation rentals can give you a competitive advantage. An understanding of local housing laws can help you avoid compliance issues and fines.
An established property management company likely has processes in place to ensure efficiency. Ask how their services will save you time and money.
For example, more businesses are relying on property management software to streamline processes. Automation can save you time and money otherwise spent on repetitive tasks.
A Range of Management Services
Ask each vacation rental management company about the services they offer. Choose a full-service company that provides:
- Guest communications
- Maintenance and repairs
- Legal services
- Marketing
- Accounting
- Guest services
- Booking coordination
- Cleaning
Ask about their process for each service. For example, how do they attract guests as travel to Park City increases? If your online listing doesn't stand out, you'll lose the chance to improve your occupancy rate.
Ask about the company's pricing structure. Some companies operate on a flat rate or commission model. Determine if they offer a guarantee for their services.
Don't choose the cheapest company available. Instead, confirm that the company can meet your needs and expectations.
Reputation
Read online reviews from each company's previous clients. Look for Park City property managers that other vacation rental owners already trust.
Look for comments about the team's professionalism and responsiveness. Determine if they'll provide regular updates. If the company doesn't intend to remain transparent, look elsewhere.
Vet Vacation Rental Management Companies
Choosing between vacation rental management companies doesn't have to feel stressful. Instead, simplify your search by choosing PMI Mountain Collection.
Our vacation rental management company has 20 years of experience in the industry. We've successfully helped property owners like you maximize their profitability.
We're the number one property management company with the prestigious awards to prove it! Contact us today to request help with your vacation rentals.