When purchasing a luxury vacation home rental, you should consider a management company just as seriously as you would consider your real estate purchase. Owning a family vacation home rental should be a fun and rewarding experience. Seven Sisters Vacation Rentals is a full service vacation home rental management and marketing company for your vacation home needs.
Some of our property owners have more than doubled their profitability using Seven Sisters Vacation Rentals. We recognize we have a role in enhancing the resale value of your investment home. How does Seven Sisters Vacation Rentals do this?
A vacation rental is a furnished home or condo rented to travelers on a short term basis. Oftentimes vacation rentals are a great and affordable alternative to hotels for family vacations, reunions and group travel. Travelers repeatedly tell us our vacation rentals offer better value for location, and more amenities than hotel suites.
San Luis Obispo County (SLO Co.) and cities within SLO County have identified areas that are approved vacation rentals zones. Before purchasing a possible vacation rental home or establishing your property as a vacation rental, first speak with the SLO Co. Planning Department. If your property is not in a recognized vacation rental zone, it is possible to obtain a Special Use Permit through SLO Co.
Absolutely! Through our OwnerWeb portal owner’s can easily reserve their home for personal use and instantly view the reservation calendar.
Seven Sisters Vacation Rentals management fee is 18%. Our duties include: facilitating startup (licensing, web placement, supply stocking); handling traveler inquiries; coordinating housekeeping and maintenance; restocking supplies; and attending to guest needs during their stay.
Fees collected from a traveler include: vacation rental amount, housecleaning, Property Damage Protection insurance, County/City Transient Occupancy Tax (TOT), and security deposits.
Vacation rentals less than 28 days in duration are required to collect a Transient Occupancy Tax (TOT). The rate is based upon property location (for example, Avila Beach is 11% – 9% to SLO County, plus 2% to City of Avila Beach). We collect and disburse TOT fees each month for your vacation rentals.
The traveler pays credit card fees for their reservation. Our property owners pay no credit card processing fees associated with a renter’s stay!
The first step is to have city and SLO County licensing in order. At your request, we will handle these filings. The initial business license and vacation rental license is typically less than $120.00, depending on the city where your property is located. Thereafter, there is an annual vacation business license renewal fee.
The most important accessories that should never be overlooked at a vacation rental are the linens. Additional linens and supplies may be needed at your vacation home. The goal is to give travelers a consistently comfortable experience! We recommend three full sets of linens, plus an inventory of paper goods, soaps, shampoos and conditioners. We will restock supplies when needed. There is no up-charge on supplies! You pay exactly what we pay from our resources.
Select one or several online vacation rental marketplace(s) to advertise your vacation property. Web marketplaces like 7SVR.com, HomeAway, VRBO, and Airbnb are examples of online vacation rental marketplaces that drives majority of your booking revenue. Seven Sisters Vacation Rentals reservation system seamlessly works with dozens of different rental marketplaces letting our homeowner choose the best marketplace for their property and advertising budget.
Web visitors need to experience your vacation home almost instantly. We will arrange for a professional photographer to photograph your beautiful home.
Lets go keyless! Keyless locks deliver keyless, “always locked”, and “never locked-out“ security. Keyless is a Seven Sisters Vacation Rentals standard.
Monthly owner statements and payouts are available by the 10th of the month. Through our OwnerWeb portal, owners have access to current and past monthly statements, including a future booking forecast, statements and supporting receipts.
While no one expects to damage a rental property, accidents do happen. Renters either choose a refundable security deposit, or purchase Property Damage Protection Insurance (PDP). PDP is a insurance product from Customized Service Administrators (CSA), and is an insurance product that allows travelers to protect themselves from additional expenses should damage occur to a rental property during their stay.
Leave the routine maintenance worries to us. Our maintenance team can handle most common maintenance requests otherwise a technician will be called upon. Through OwnerWeb, homeowners have access to work order requests, history and status. Non-emergency repairs will be pre-approved before repair is ordered. Of course more significant maintenance items such as roofing leaks, major decorating are the owners responsibility but we will gladly handle if needed.