Luxury Property Management
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Property owners entering the short term rentals market have a lot to consider when it comes to optimizing the earning potential of a luxury home that is being offered a vacation rental in a highly competitive marketplace like South Florida.
The sheer number of duties and responsibilities that go into operating a successful rental property can be overwhelming for one or two people to assume without professional assistance. This is a service industry that is very demanding and, unless you’re an expert at the task, you’re going to realize very quickly that you have bitten off more than you can chew.
Poor property management will only ensure that your rental property lacks the attention to detail in upkeep and maintenance and goes largely underseen in the marketplace while other properties just like yours experience full occupancy year round.
When your property remains vacant you’re not earning any income.
Don’t make the rookie mistake of doing it all by yourself, Five Star Properties is your full-service short term luxury property management solution.
Our extensive array of expert management strategies puts your rental property in front of more potential guests, keeps your luxury home immaculately maintained, and assigns pricing methods that ensure your rental property remains competitive with market rates.
The Five Star Experience
Luxury property care is a big job and if you want five star reviews from your guests, you need the five star experience that only we can offer to keep your property at full occupancy. We pride ourselves on delivering an exceptional customer experience that makes your guests eager to rent from you time and again while recommending your property to others.
We work for landlords, investors, and homeowners who want their rental businesses to thrive in a crowded market. Keeping everyone happy is what we do at Five Star Properties.
So how do we do it? Glad you asked!
Regional Expertise
We know the luxury property rental market in South Florida better than anyone else in the industry. From setting prices in Palm Beach to setting the standard for concierge services, put our expertise to work to meet the unique needs of your property rental business.
Consistent Communication
Our team makes sure that you are always in the know about everything regarding your property, from guest bookings, to routine maintenance and cleaning, to financial information and earnings reports. Got any questions, we are easy to contact day or night.
Advanced Technology Solutions
We utilize the latest and most advanced property management software that simplifies everything from guest applications to check-out cleanings and property maintenance for an effortless five star experience.
Management Services
At Five Star Properties, we provide a complete range of management services to maximize your property’s occupancy and earning potential by taking on all of the essential responsibilities that are critical for success in the South Florida rental market. We do it all so you don’t have to, putting you and your clients first, every time.
Marketing
We start by creating your rental listing to put all of your property at the forefront. That means fully optimizing the content to appear in more potential clients’ search results across more rental platforms.
We use professional photography to spotlight all of your luxury property’s most attractive and enticing features and utilize social media to the fullest.
Dynamic Pricing
While we work to reduce vacancies and keep your property at full occupancy all year round, it’s also important that your property is priced to stay competitive in the region.
If the demand for short term rentals rises or falls during the year, whether it’s by season or due to special events in the area that bring more possible clients, our job is to ensure that your prices reflect those changes. Our team implements the pricing strategies that keep generating revenue for your rental property.
Guest Bookings
We handle all stages of the reservation process to ensure a flawless guest experience that rates your property a five star review on all of the major booking platforms. That means we book the reservations, confirm your guests’ arrival dates and times, take deposit payments, and offer customer support in the event of cancellations or changes that come up. Payments are processed upon check out.
Our concierge services are always available. If your guest needs crisp linens, flower arrangements, or advice on the best restaurants or clubs in the area, we’re always here to help.
Protecting your property is vital to maintaining its earning potential. If your property is off the market for any reason, it’s not making any money. That means screening prospective renters with credit and background checks and reviewing the rules of your property with each new guest so you are always aware of who is in your home and you can rest assured they are trustworthy.
Luxury Property Care
When guests book a stay in your short term rental, they are expecting a luxury property that reflects the one they viewed in your listing. It’s our job to keep your property in exceptional shape, both inside and out.
Not only do we clean the property from top to bottom upon check-out of each guest, we inspect the property and arrange for any repairs that might need to be made in advance of the next guest’s arrival.
Maintenance also extends to the exterior as we keep all landscaping and lawns looking their best to preserve curb appeal. All of this work is done promptly and full reports made and submitted to property owners so they are always apprised of the property’s current condition.
It’s your home, after all. We want to preserve and protect its value and earning potential in the South Florida rental market. Should something go wrong while a guest is occupying the home, whether it’s early in the morning or late at night, our 24 hours emergency maintenance response is always on call to address the problem.
Get Five Star Reviews with Five Star Properties
There is too much at stake to go with a property management services provider that lacks the expertise, the dedication to customer satisfaction, and the track record for success of Five Star Properties. Don’t trust your luxury real estate to just anyone, trust Five Star to deliver the top-tier services that increase visibility, ensure dynamic pricing, and keep your home protected against bad renters and neglected repairs.
Give us a call today, let’s discuss how we can increase your rental property’s revenue in a highly-competitive marketplace for consistent earnings and the highest possible occupancy rates from season to season.
Don’t take on all of these tasks by yourself, hire the professionals to do it all for you and enjoy a true passive income while earning five star customer reviews from every guest, every time.