According to AIRDNA, more people booked vacation rentals in 2024 -- up 6.8% from 2023 -- as economic conditions improved and inflation cooled. This means it's a great time for homeowners in Saint Augustine, Florida, to consider home sharing. But how do you get started?
Here are four simple home sharing tips for success in Saint Augustine, FL. These tips will help you get more bookings, make guests happy, and manage your property well.
Read on for more insights.
1. Make Your Property Listing Stand Out With Great Photos and Descriptions
Hiring an experienced photographer to take good photos is one of the best sharing economy strategies. It can show your property at its best and catch the eye of potential guests. Don't forget to write clear and appealing descriptions highlighting your property's best features and closeness to local attractions.
2. Use Smart Pricing to Boost Bookings
Setting the right price is key to getting more bookings and making money. Using pricing tools can help you adjust your rates based on market demand, the time of year, and local events.
Here are hosting success tips to follow:
- Research busy travel seasons in Saint Augustine to set the best prices
- Change your rates based on what others charge and how many people are looking for places to stay
- Offer discounts for last-minute bookings or longer stays
- Use pricing software to make rate changes easy
Smart pricing can help keep your property booked all year round. It's a smart way to attract and retain guests. Property owners who use data to set prices are more likely to succeed in a changing market.
3. Make Your Guests' Stay Special With Extra Touches
Ensure your guests have clean towels, toiletries, and kitchen items. Simple guest satisfaction tips include adding small extras, like a welcome basket or local tips. Quick communication and a helpful guide can make guests feel welcome and cared for.
Connecting with your guests can leave a lasting impression. Giving them tips on things to do in Saint Augustine or creating a custom itinerary can make their visit even better. By focusing on great hospitality, you can turn a rental into a place guests want to return to.
4. Keep Your Property Clean and Well-Maintained
Cleanliness is part of the best vacation rental advice that leads to positive reviews. Make a cleaning checklist for each stay and pay attention to high-touch areas. Regularly check appliances and plumbing to avoid problems during a guest's visit.
Taking care of your rental property can save you time and money. In this case, home rental tips include scheduling regular deep cleans and inspections to find small problems. A well-kept property attracts guests and helps you succeed in the long run.
Boost Your Success with These Home Sharing Tips
These home sharing tips can make your property more appealing and profitable in Saint Augustine, FL. To succeed in the short-term rental market, focus on guest satisfaction and good management. You can now apply these tips to see positive results.
Improve your rental business with PMI Ancient City's full-service commercial and short-term management solutions. Our advanced technology keeps you updated on your investments in real time and offers tenants easy maintenance and billing services.
Book a consultation now and let us help grow your real estate investments.