OTAs and property management
Would you like to start renting out your property in Paris as a short rentals accommodation for travelers? Here is some useful information to begin with.
Renting out a property in Paris as short rentals accommodation for travelers is one of the best ways to generate an interesting income. Also, the field of property management is very interesting. It’s also complex, and that is why the best you can do is to hire a professional property manager. This way, you will get only the best from the property you want to rent out!
Property managers are capable of managing everything concerning a house. From basic chores to managing emergencies. Also, property managers have the best communication and advertising skills. That’s why if you would like to rent out a property through the Internet, you may still need this pro. Here’s why.
Property management, what are OTAs
Those who decide to rent out a property as a holiday home obviously have the ultimate goal of making extra profits. It could actually represent an income!
To obtain good profits it is necessary that the property has a certain visibility, and it is important to promote your property so that it can welcome the many guests as possible.
An extremely important role is played by the web. The Internet offers everyone the possibility of accessing the services of Online Travel Agencies (OTAs). OTA indicates the online real estate brokerage agencies. You may have heard about Airbnb, Booking, Trivago, or Expedia. Just to mention the most famous!
Online Travel Agencies are platforms offering services that allow, on one hand, the owner to publish the announcement of the short-term rental accommodation. On the other, they allow the traveler to find the most suitable accommodation.
OTAs don’t do all the work. The landlord still has to publish a detailed announcement with the main information on the apartment. It must include photos and prices.
Read more about Renting out a property, rules and transactions