As more and more buyers are finding the value of Galveston Real Estate, the number of Galveston Vacation Rentals continues to grow.  The challenge now becomes how to increase your rental revenue while your investment appreciates over the next 5 to 10 years.

 

The property management company you choose is your partner in maximizing the revenues and bottom line for your home; but the property management company is not your sole resource of rental bookings.  While Prudential Gary Greene, Realtors advertises on Freerentals.com, vacationhomes.com, rentals365.com, myvacationrentals.com, rent.com, my1stchoice.com, redweek.com and Craig's List, we suggest you also place your home at websites such as VRBO.com and VacationRentals.com.  Many of our homeowners place their homes at these sites for a minimal sign up fee and name Prudential Gary Greene, Realtors as the contact agent.  The revenue generated from this type of shared advertising has increased tremendously for these homeowners.

 

We also suggest the homeowner assist with the on line listing of their home.  Many times the homeowner purchased the home to meet an emotional need as well as the investment need.  We like to take that emotion and transfer it to your listing on our websites through pictures and text.  Share with us the reason you feel your home stands out from any other home and we will transfer that information to your listing.  Tell us the nuances of your piece of paradise.

 

Another important factor in increasing the revenue on your home is maintenance of the home.  While we do our best to catch much needed repairs we do not have the eyes of you the homeowner.  When you are visiting your home please take the time to view it as a renter would.  Do the pillows need to be replaced?  Are your mattresses firm?  Does the shower head provide a good flow of water?  Are the handrails and deck boards secure?  There are  little things our home inspectors may not pick up on during their weekly visits but you as the home owner may notice while staying in your home.

 

Renters do not particularly care if the television offers HBO but they do strive for comfort, safety, and views.  Those breathtaking views are what bring guests to our Island month after month.  Maximize your views.  Remove heavy drapes and cheap blinds.  Move the TV up and out of the way of windows.  Does your living area need to be staged to maximize the view of the surf?  Sometimes we get complacent and take our lifestyle here for granted.  Visitors pay us to allow them to use what we own and enjoy anytime we want.  Let's give them their moneys worth and they will return time and time again.  Remember, the greatest factor in increasing your rental income is repeat business.  If a visitor falls in love with your home you can count on them returning the following year if not the following month.