More and more people are using their home as a short term rental property space. When you rent your space out you can earn extra cash while providing an alternative to hotels for travelers. There is more competition than ever to have your short term listing stand out from everyone else in your neighborhood. So what makes one rental property more than others on sites like Airbnb and VBRO? And what can home owners do to compete?
Thermosoft has created a comprehensive resource for short-term renters that that is meant to help short-term renters get more bookings as well as generate more five star reviews on their renting profile. With the vacation rentals market exploding in popularity, it’s harder than ever to stand out from the competition. This resource is means to help property owners take their rental to the next level. They’ve compiled a list of rental pad upgrades that have been shown to draw renters in.
The resource is broken up into three different categories. The good: what you need to compete at a basic level, The great: next level upgrades that are meant to help you getting glowing reviews for your rental property, and The Unforgettable: adding these upgrades will help you to double your rate that you charge for your unit.
Let’s explore some of the suggestions they list in each category.
The good:
- Complimentary non-alcoholic beverages like coffee tea, soda and water
- Cooking oils, spices and condiments
- Snacks
- Beer and wine
- Throw blankets and pillows
- Cleaning service
- Reliable Wi-Fi
- Code-based locks
- Luggage rack
- Local activity suggestions
- Welcome book
- First aid kit
- Recycling and composting options
The great:
- Liquor
- Grill
- Toaster
- Water purifier
- Coffee machine
- Fully stocked kitchen
- Remote control light dimmers
- Remote control thermostat
- Smart locks/keyless entry
- USB charging ports
- Comfortable pillows and blankets
- Cable TV
- Board games
- Uber/Lyft passes
- Restaurant discounts
- Parking passes for the neighborhood
The unforgettable:
- International power adapters
- Smartphone chargers for different top brands
- Robotic vacuum
- Ambient lighting
- Heated floors
- Surround sound system
- Gym passes
- Transit card
These are only a small sampling of the comprehensive list they’ve created for short term renters. To see the full list, check out the infographic below. These tips will help you’re listing not only stay competitive, but will also help it to stand out from the competition. These upgrades will leave you guests happy and ready to come back to your short term rental property.
