Too many people underestimate the costs of owning a vacation rental. Once they see how much certain things add up, like maintenance and repairs, they realize that they need to be more proactive and actually set some house rules. What vacation rental rules and guidelines will you set?
Setting rules isn't as easy as you may think. We're here to help you out with a few quick beginner tips. Read on to learn more.
Define House Rules and Guest Expectations
Create a comprehensive list of house rules that cover important aspects of the stay, such as maximum occupancy, smoking policies, quiet hours, and any specific rules related to the property or location.
Clearly communicate your expectations regarding guest behavior, cleanliness, and property care. Be specific about any unique features of your property, like hot tubs or fireplaces, and provide instructions on how to use them safely.
Remember that your vacation guests aren't mind-readers, so if you're not clear about your rules and expectations, you can't expect them to know and understand. Even if something seems obvious to you, it may not be to someone else.
Keep Rules Rational and Fair
Make sure your rules make sense.
You're a vacation host with a vacation rental. Many of your guests are there to relax and have fun, and they're using your space as an alternative to a hotel. If your rules are too stringent, the guests will go elsewhere.
The rules should be in place to protect your investment and your guests, but they need to be reasonable. Early curfews, for example, are not reasonable. Excessive cleaning requests are also not reasonable.
Consider what you'd want if you were the person on vacation.
Mention Safety and Security Measures
Provide safety instructions and guidelines, such as emergency contact information, fire escape routes, and basic first-aid supplies. Make sure that your property complies with safety regulations.
Specify security measures, including key exchange or access codes, and inform guests about alarm systems, if applicable. This will help maintain the security of your property.
Again, some of these things may seem like common sense, but mention them anyway.
Put Everything In Writing
Any rules and guidelines should be in writing. Potential guests should be able to see them before they even confirm the booking. This will allow guests who don't agree with your guidelines to self-screen and choose another booking, which will save you trouble.
You should also have a written agreement that guests sign and a rule sheet on the property itself. This way there's no room for confusion, and guests always have something to reference.
It's Time to Set Vacation Rental Rules and Guidelines
Setting vacation rental rules and guidelines isn't always easy, especially if you're new to owning a vacation rental. Remember, you're trying to create a good guest experience. Keep your rules fair, make them clear, and put everything in writing.
If you're feeling overwhelmed with your vacation rental in Wisconsin Dells, a property management company can help. At PMI Northwoods, our team of property management pros will help you make the most out of your property investment.
Schedule a free consultation with us today!
