One of the questions we are asked most often is whether it is more profitable to rent your timeshare property yourself or to hire a professional management team to handle the process for you. While there are certainly some advantages to handling the process yourself, it is more worthwhile to opt for a professional team to oversee it for you. Here is a brief overview of some of the best advantages of hiring a professional team like Resort Travel Management to manage your timeshare rental.
RENTING YOUR TIMESHARE: BENEFITS OF HIRING A PROFESSIONAL MANAGEMENT TEAM
Resort Travel Management
THE DEVIL’S IN THE DETAILS
Trustworthy Renters Find You
When you work with a professional management team, you aren’t burdened with the responsibility of having to search out potential renters. Professionals will have the tools to vet any potential renters and keep the undesirable tenants out. Another thing to keep in mind is that a professional team can protect you against “non-payers,” people who book but don’t follow through on their payment. If you try to manage these situations on your own, you may be left high and dry.
One of the most appealing benefits of hiring a professional management team to handle your timeshare rental is that it can save you a great deal of time. A good team like Resort Travel Management will be able to handle every aspect of selling your timeshare points, including handling all of the marketing and sales procedures you might not be equipped to deal with on your own. They are insiders familiar with the in’s and out’s of the traveling industry, meaning they know when and how best to market your timeshare.
Bang for Your Buck
Hiring a professional team can also get you the most bang for your buck. If you opt for the rental services provided by timeshare companies, it is likely that you will either have to pay extra fees, or the company can take up to 40% of the net profit as commission. By working with a professional team, you can potentially pocket those profits instead.
It’s true there are some advantages to handling your timeshare rental yourself. But when it comes down to it, those advantages don’t outweigh the benefits of working with an experienced, knowledgeable team. If you have unused timeshare points, we can help you connect with renters without skimming any profit off of your asking price. Don’t let those points or your potential profits, go to waste. Contact Resort Travel Management today.