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Thanks to Christine Hrib Karpinski author of How to Rent Vacation Properties by Owner: The Complete Guide to Buy, Manage, Furnish, Rent, Maintain and Advertise Your Vacation Rental Investment for allowing me to publish this article. You can find her web site at www.howtorentbyowner.com.
Rent-by-owner guru Christine Hrib Karpinski offers a wealth of advice for keeping your cabin, condo or cottage booked all year round.
Woodstock, GA (November 2004)-It's that time again. Time to rake up
mountains of crunchy leaves, build crackling fires in the hearth, unpack
your cuddly sweaters, begin your holiday shopping-and start fretting over
that unrented vacation home. That's right. T.S. Eliot may think that April
is the cruelest month, but for many vacation property owners, any month
between Labor Day and Memorial Day would qualify. That cabin or condo that
renters clamor over all summer tends to sit depressingly (and expensively)
empty all winter. If there was something you could do to make your
off-season not quite so, well, off.
Actually, says Christine Hrib Karpinski, there are many things you can do.
The author of How to Rent Vacation Properties by Owner: The Complete Guide
to Buy, Manage, Furnish, Rent, Maintain and Advertise Your Vacation Rental
Investment (Kinney Pollack Press, 2004, ISBN: 0-9748249-0-9, $26.00) says it
's often the little touches that draw "winter renters," delight them, and
keep them coming back for more.
"Obviously, more people vacation during peak season," she says. "That's why
it's peak season! But there are still plenty of people who prefer to travel
during the cooler months. Maybe they want to avoid the crowds, maybe they
want to take advantage of the lower rates, or maybe they just want a break
in the February doldrums. Your mission is to make your vacation home stand
out from the many others that are available to potential renters. It's that
simple. You have to go the proverbial extra mile."
Here are some of Karpinski's tips for making your vacation property
appealing to winter renters:
First and foremost, "winterize" your marketing. It won't matter how
perfect your place is for a mid-winter getaway if people don't know about
it. If you're like many vacation property owners you're already listed on at
least one "rent by owner" website. Make the most of it. Play up features
like hot tubs and fireplaces. Sprinkle copy with words like warm, cozy,
cocoon, snuggle and cuddle. You might even paint an inviting verbal picture
such as "Envision yourself gazing out the tall picture window, a cup of hot
cocoa in hand, as fat snowflakes drift lazily through the pines." Finally,
add a few "off-season" photos of your property to your website. Photos of
the home framed in brilliant autumn leaves or dusted with snow will speak
louder than a thousand poetic words.
Consider off-season specials. Everyone loves a bargain, and in the winter,
they expect one. "My favorite off-season booking magnet is 'rent three
nights and get one free,'" says Karpinski. "Or, when you get a call for
someone looking to book next spring or summer, offer them a winter
special-say, half-price off a weekend stay-so they can come check the place
out early. That would be tough to resist."
Get as much mileage as possible out of from the holidays. Early November
is not too soon to put up a Christmas tree or twine the banister with
garland or set out a selection of seasonal DVDs (It's a Wonderful Life and
Rudolph The Red-Nosed Reindeer would please guests of all ages). Holiday
trappings delight almost everyone's "inner child" and can really add to your
renters' enjoyment of their vacation-which, of course, is likely to result
in another visit in the future.
Add "warm cozy" touches. Put thick, warm comforters on the bed and fleece
throws on the sofa. Place a few spice-scented candles on tables or
countertops. Leave savory winter treats in the kitchen: cocoa mix &
marshmallows, spiced apple cider, ginger cookies, chili fixings and a crock
pot. (Ask the housekeeper to replenish edibles.) You might even consider
leaving an extra coat or two in the closet, along with toboggans, gloves and
scarves-chances are they won't be used but guests will appreciate the
hospitality.
Plan for snow! If guests should happen to get snowed in at your home, you
want to make the experience as pleasant as possible. Make sure to have a
snow shovel, ice melt and a windshield ice scraper on the premises. The
possibility of inclement weather is a good reason to have a selection of
nonperishable foods on hand, as well as movies and books. You certainly don'
t want a houseful of hungry, stir-crazy, cranky renters who are cursing
their vacation experience (and by association, you)!
Consider adding a hot tub, sauna or ventless gas fireplace. If your
vacation property is a "summer home" with no winter appeal, such additions
can make a world of difference. You may be thinking that these are pricey
upgrades, but you'll be amazed at how fast they pay for themselves via
increased off-season bookings. One caveat: if you install a ventless gas
fireplace, be sure to get a carbon monoxide detector as well.
Make your home baby- and toddler-friendly. You've probably noticed that
people with very young children are more likely to travel off-season. (After
all, they're not constrained by school schedules.) Appeal to these people by
including baby and toddler paraphernalia. A high chair and a porta crib
should cost less than $150 combined, and can drastically increase your
off-season bookings.
Accept pets. Vacation properties that accept pets increase their occupancy
by 10 to 50 percent. When you accept pets, it's okay to take an additional
$20 to $25/night or $140 to $175/week. This extra (which pet owners would
have to spend anyway on boarding fees) is enough to pay for any carpet
cleaning that needs to be done. "I spoke with a woman named Jennifer, who
owned a nice cabin in the mountains of Colorado," says Karpinksi. "She was
within driving distance of 3 ski resorts, but not really close enough to any
of them to advertise that her place was associated with any of them. She
was only booking her cabin 2-3 weeks per year. I advised her to start
accepting pets, and the minute she did, her bookings started to flow in.
Two years later, she is booked for the whole ski season, 3 or 4 weeks during
the summer to hikers, and she rents 10-12 long weekends through the year.
She has never been happier!"
If all else fails, offer a "customized" special to repeat guests. If you'
ve tried everything and you still have lots of weeks unbooked, it's time get
creative (perhaps even a bit assertive). Consider calling or e-mailing prior
"VIP" guests and offering them discounted off-season stays. You might even
link the stay to a special event in their lives. For instance, if you know
that John and Jane Smith have an anniversary in March-thanks to the detailed
file you keep on them-call them and offer a special celebratory weekend at a
reduced rate. When they accept, have a champagne gift basket waiting for
them in the bedroom along with a handwritten "Happy Anniversary" note.
One final tip for Florida property owners. Sometimes we find ourselves in
the fortunate position of helping people in need and making a little money
besides. If you have a vacation home in or near the areas that sustained
damage from Hurricane Ivan, this may be one of those times. FEMA is still
looking for rental homes that can house displaced residents. Call
1-800-621-FEMA (3362).
Not sold on winter renting? Consider it "damage insurance." All of that
said, some people actually prefer to lock up their place for the winter.
Maybe they don't think renting is worth the effort, or maybe they make
enough money during peak season to pay their mortgage for the year. If this
is your mindset, Karpinski suggests you reconsider-winter renting can ward
off property damage. "I've stories of locked-up properties that have been
ransacked by families of raccoon, and of broken furnaces that have led to
burst pipes," she says. "Houses that are empty for long stretches of time,
especially in freezing weather, tend to have problems. If renters had
periodically visited such homes, these issues could have been avoided or at
least discovered early, before things worsened.
Now that Karpinski has shared all these great ideas, she offers a word of
caution: exercise moderation.
"It's great to spend some money on things to attract winter renters," she
says. "Just don't go overboard. I knew a guy who would tons of extra
advertising and equip his place with all these bonuses for his off-season
renters. Yes, he ended up booking the place for all of January through
March-but his bottom line for all three months was only $500! My advice is
this: a little effort goes a long way. Do one or two things on the list, not
all of them. Otherwise, do a good job with the basics and be a friendly,
hospitable host. As word gets around and your guests become 'regulars,' your
off-season problem will solve itself."
About the Author: Christine Hrib Karpinski's first and most important job is as a stay-at-home
mom. She fell into teaching about vacation properties only by chance.
Realizing that there was no way she could afford to buy a vacation home
using a management company, she started "renting by owner." Not only was she
successful, others wanted to know how to do it too. She started writing a
column in Gulf Coast Condo Owner Magazine. From there, the rest, as they
say, is history.
About the Books: How to Rent Vacation Properties by Owner: The Complete Guide to Buy, Manage,
Furnish, Rent, Maintain and Advertise Your Vacation Rental Investment
(Kinney Pollack Press, 2004, ISBN: 0-9748249-0-9, $26.00) and The Vacation
Rental Organizer (Kinney Pollack Press, 2004, ISBN: 0-9748249-1-7, $19.00)
are available at bookstores nationwide and all major online booksellers.
For more information, please visit www.howtorentbyowner.com.
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