It’s a bank holiday morning and the weather is glorious; too bad you’ve had to travel an hour to your holiday rental to sort out a blocked sink for a rude tenant. Hiring that property management company has suddenly become extremely appealing!

After all, not everyone is suited to being a landlord; juggling multiple properties, bookings and arranging their cleaning and maintenance all whilst trying to market your properties is a tall order. If this sounds like you, don't despair, property management companies like Pass the Keys have grown alongside the booming short let market and are here to take all these worries off your mind.

Do I really need a property manager?

Can you confidently communicate and sell your property to your target demographic? Can you deal effectively with unpleasant guest experiences? Have you hired reliable, efficient cleaning and maintenance services? If you answered no to any of these, then it's unlikely that your property is reaching its earning potential.

Many people are hesitant about hiring a property management company because they are concerned that property management fees will eat into their profits. But take some time to divide your income by the hours you work, then ask yourself, is it truly worth your time?

The time consuming nature of short letting means that hiring a property manager will save you a LOT of time. You can switch off the 24/7 and enjoy a less demanding career, whilst also enjoying more time with family and to properly relax. 

Hiring a property manager enables you to effectively remove the time consuming nature of short letting; giving you the freedom to focus on expanding your business and providing you with peace of mind to invest in properties further afield. You will also have more time to market your rentals more effectively in order to attract higher quality guests. Nine out of ten times, you will end up earning a significantly higher income once you have hired a property manager. 

What services can property managers offer me?

Property management companies work by collecting the rent, taking out their management fee, then passing along the remainder to you. (This is following any maintenance and repair costs.) This gives you a steady cash flow to pay your mortgage, insurance, property taxes and any other fees. Property managers also have a thorough understanding of the location of your property, meaning they will be able to sell the experience very effectively and easily build trust with guests.

To find out more about how property managers can boost your short letting bookings, check out this post.

End-to-end property management services such as Pass the Keys provide a professional photographer to capture the charm of your property, they optimise your property on marketplaces like Airbnb, provide a guest screening service, use dynamic pricing to get you the best rates and install a key safe for a smoother check-in at any hour of the day.

They also provide an Airbnb standard of cleaning, hotel quality linen and toiletries, organise check out, have a 24/7 guest support team on call, hire maintenance contractors, conduct inspections of your property and keep you up to date on your property using their dedicated client portal app.

Pass the Keys gifts you the freedom to choose how hands0on, or off, you want to be in the management of your rental property! We are one of only three certified Airbnb cohosts in the UK, so why not make use of our professional expertise today and allow your holiday let to reach its full potential!

For more information on our services and pricing, or to learn how much your property could earn by partnering with us, please visit https://www.passthekeys.co.uk/.