Choosing a Property Management Program 

Aren’t All Silver Bear Condos Property Managers Basically the Same? 

Vacation rental property management can be a lucrative investment, but it also requires significant time and effort to manage effectively. Choosing a property management program is an important decision that requires careful consideration, and time should be taken to select the management company that stands out from the crowd. Depth of experience, expertise, and services offered are a few of the top factors to consider when selecting a property management company. The difference between okay service and Five Star Mammoth Lakes property management service is great systems and great people. Our team has refined the property management process, creating a seamless experience for guests and homeowners alike. From taking proactive steps to minimize maintenance concerns to paying fine attention to housekeeping details, our guests enjoy consistently positive experiences after staying in our properties. The result is consistently high reviews and top revenue performance. 

How Much Should I Pay for Property Management? 

When considering the cost of property management services, it’s important to factor in the potential return on investment. A good property management company can help you maximize your rental income by effectively marketing your property, managing reservations, and ensuring that your guests have a positive experience. Our Silver Bear Condos in Mammoth property management team uses cutting edge marketing strategies to get your property in front of a wide range of potential guests. We also take care of all of the guest communications and bookings, so that homeowners can focus on other aspects of life.  

At Mammoth Five Star Lodging, we offer a variety of service levels for homeowners, so that you are only paying for services you want and need. Our Full Service Management is available at 20% and our Concierge©Elite All-Inclusive Management is offered at just 30%. We even make our sales and operations platforms available to individual owner managers for just 10%. No matter your property management needs, we have a program with the right balance of service and price for you.  

So, You Want to Buy a Vacation Rental? 

What is a Vacation Rental? 

Vacation rentals are a popular option for travelers who are looking for more space and flexibility than traditional hotels can offer, especially in popularly visited areas such as Mammoth Lakes. If you are exploring the possibility of purchasing a vacation rental, there are a few factors to consider. Selecting a desirable location, understanding occupancy rates and rental rates, and having a plan for property management are all key factors when determining the investment property that is right for you. A vacation rental is a property that is rented out to guests for short-term stays, typically ranging from a few days to a few weeks. Vacation rentals can include apartments, condos, houses, and other types of properties. All of the vacation rentals under our management can be rented out through direct bookings on our site as well as through a variety of popular booking sites.  

Think Hospitality Management, Not Property Management 

Effective vacation rental management requires a different approach than traditional property management. It is not just about managing the physical property, but also about providing a positive guest experience. Think of it more as hospitality management than property management, with the work beginning long before the first guests arrive and extending until after their departure.  

One of the key aspects of vacation rental management is marketing and promotion. It is important to create a strong online presence for the property, with high-quality photos and detailed descriptions that highlight its unique features and amenities. Setting the stage so potential guests can envision themselves in the space is an essential first step.  

Once guests arrive, it is important to provide excellent customer service throughout their stay. This can involve everything from greeting guests personally upon arrival and providing a tour of the property to being available for any questions or concerns that may arise during their stay. It is also important to ensure that the property is clean and well-maintained at all times, with fresh linens and towels provided regularly, providing a hotel-like experience. 

Another important aspect of vacation rental management is pricing and revenue management. This involves setting competitive rates that take into account factors such as seasonal changes, local events, and the competition in the area. It also involves monitoring occupancy rates and adjusting pricing accordingly to maximize revenue. 

Vacation rental management involves much more than simply maintaining a property. It requires a focus on hospitality and guest experience, as well as marketing, customer service, and pricing and revenue management. By taking a holistic approach to vacation rental management, property owners can create an experience that is positive for guests and profitable for property owners. 

Interested in partnering with our team for your Silver Bear Condos property management needs? Contact us for more information!