Resource Guide - (10/10) What are the cost involved in managing and marketing your accommodation?
There are two costs categories:
- Marketing commission
- Management costs
If you decide to use a self-catering rental agency you can manage and let them only market your home or you can choose to let the agency market and manage.
Therefore, a low maintenance home with all the features as discussed previously will benefit from lower management fees.
Tip: Managing your own home is a great idea if you can do it well. It will also reduce your cost. A very successful manager owner with 4 homes and very high occupancy run four homes with living in managers who meet, greet, do the garden, linen, cleaning etc. If you your property allows then this is a great way.
Management Incidents include
Tip: In order to reduce cost some owners opt for keyless entry. It can either be a remote electronic lock like the fancy new age Lockitron, one of these old-fashioned