Transitioning your Lake Geneva Vacation Home into a Vacation Rental

By admin • March 9th, 2010

Lake Geneva, Wisconsin has a history of being a holiday destination. Whether it is a weekend getaway, family vacation or a romantic couples retreat, Lake Geneva offers plenty of diverse activities to satisfy everyone’s vacation needs. Golf courses, water sports, nature walks, beaches and fantastic dining are all within a few minutes drive from each other. Because of the endless activities and scenic location, Lake Geneva retains a great reputation and has become a playground for Chicago residents. As a result, there is a continual demand for rental properties in Lake Geneva, developing into an ideal location to transition your vacation home into an income generating property. However, in order to make your vacation home a successful vacation rental there are many factors to consider beyond booking guests and collecting payments. Maintaining the property, tending to guests needs and housekeeping are also necessary to guarantee success. These tasks can be extremely time consuming for the owner of the property, especially if they do not live in the area. Therefore, the best way to ensure a smooth and successful transition from vacation home to vacation rental is by teaming with a trustworthy local property management company.

Managing a successful vacation rental requires much more than booking guests and collecting payments. When transitioning from a vacation home to a vacation rental, a local property manager is necessary to handle the day to day activities an owner can’t be present for.  Providing a high level of customer service and delivering a flawless property, is necessary to give guests a great experience, to guarantee repeat business and most importantly to earn a profit. Expectations for vacation rentals are high and few of those amenities you may be willing to live without, a guest will be expecting. There are various housekeeping tasks which must be completed quickly including a cleaning of the house, grounds and appliances, as well as proper laundering of all linens. Turnover can be frequent and immediate for vacation rentals especially in Lake Geneva’s busy summer season. Having an efficient system in place, and a property manager to ensure the quality of work, is necessary.

In addition to tending to the property’s needs, there is a high level of customer service required to guarantee the success of a vacation rental. A property management company can answer any questions the guests may have and help your guests enjoy their vacation by offering suggestions and local information during their stay. Having a local property management company to tend to all the guests needs saves the owner time and stress.

There also the direct benefits that a property manager brings to the owner. They are available immediately to handle any requests from the guests or emergencies at the property. They will ensure the property is safe by checking that all gas appliances are off, electric and water are not being wasted, and the home is properly secured upon departure by a guest.

Transitioning your Lake Geneva, WI vacation home into a vacation rental can seem overwhelming initially; however, when teaming with a local property management company you can guarantee it will be smooth and successful. Quality control and excellent customer service is crucial in a tourist area with the expectations brought by Lake Geneva’s reputation. Teaming with a local property management company will ensure that your property is not just a place to stay for your guests but a destination itself that they want to continually visit.

 

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