Inexperience among property managers is leading to concerns about private vacation rentals in high tourism areas. Sometimes even causing destinations to enact complete bans on rentals in that area.
Using and renting a home out as a vacation rental has become a trendy topic in the last few years. With the rising popularity of sites like AirBNB or VRBO, it seems that anyone can become a property manager. But while these sites handle the listing and booking features, they don?t cover the actual management of the vacation rental. Few first-time rental managers fully understand the scope and time it takes to manage a property successfully from booking to check-out.
That?s why Finger Lakes Premier Properties (FLPP) is in the business of promoting and advocating for responsible property management in the Finger Lakes Region of New York State. A staple in the industry for over 25 years, they are the leading experts in caring for and curating a vacation experience that benefits owners, guests, neighbors, and the broader communities that they serve.
One of the cornerstone values of Finger Lakes Premier Properties is providing an end-to-end approach to vacation rental and property management. From the moment a homeowner signs on with FLPP, they are educated on the rental process, the value their home brings, and the broader vacation rental industry. They learn that there is more to managing a property than taking a booking and turning a profit. With FLPP, homeowners receive education and constant communication around what to expect, from start to finish.
Day to Day Management
Additionally, homeowners in FLPP?s rental program rely on the company for their high-level of involvement in managing and running a vacation rental. On average, it can take 8-10 hours a week to manage a single property, not including regular maintenance and housekeeping. More than a listing site, Finger Lakes Premier Properties handles marketing the homes in their care, maximizing occupancy, driving visitation, managing the guest experience, and caring for the needs and expectations of the local communities. They handle home maintenance and housekeeping ? even providing linens for the duration of a guest?s stay. They offer a 24-hour open line for emergency needs to handle situations that arise from guests, homeowners, and neighbors alike.
Neighbor Concerns and Care
When a guest books a Finger Lakes Premier Properties? home, they are educated about neighbor relations and responsible restrictions within the area that they have chosen. FLPP takes care to help the guest understand that they are residing next to local neighbors and residential homes during their visit ? not other tourists like at a hotel or resort.
As such, FLPP provides signage around parking, trash disposal and removal, property limitations, and sets quiet hours for each property that they manage. Guests are required to sign a license agreement outlining these terms before staying at the home and are educated on the consequences of breaking the agreement in any way.
On the other side, neighbors are also informed that they reside next to a vacation rental property and are educated on what to expect. They are provided a direct line to FLPP and encouraged to call to voice concerns, request assistance, or request enforcement of policies in the case of an unwanted guest situation.
Beyond the booking and the buildings, FLPP is focused on caring for and preserving the broader Finger Lakes Region. In high tourist areas, guests can have an impact on the ecosystem and health of the Finger Lakes. FLPP circumvents possible environmental situations by placing regulations on homeowners to keep their property and facilities up to code based on occupancy sizes and the number of guests hosted each year. By promoting environmental awareness among homeowners and guests, FLPP helps to ensure the Finger Lakes Vacation Region is around for future communities and visitors to enjoy.
Vacation rentals positively impact the tourism industry by offering more accommodation options within a single community and boosting the local economy ? with more visitors branching out to area attractions, eating in local restaurants, and shopping in local stores. These properties are often able to accommodate larger groups and families than a traditional hotel unit ? and offer a different type experience for those wishing to ?live like a local? or plan an authentic Finger Lakes vacation.
If you have questions about responsible renting in the Finger Lakes Region, please reach out to Finger Lakes Premier Properties directly at 877-776-5532 to start the conversation.
Finger Lakes Premier Properties is a member of the national Vacation Rental Management Association (VRMA) and an active participant in the local community. They remain a resource and give expert insight on responsible property management practices, including continued education around the broader vacation rental industry.