According to USA Today, Orlando, Florida, earned $31 billion in tourism revenue in 2022.
Are you looking to earn extra income by renting out your Orlando home to vacationers? With Orlando being one of the top tourist destinations in the U.S., the demand for vacation rentals is high.
Today, we're taking a closer look into effective home sharing tips that can help you maximize your rental income!
Home Sharing Tips: Preparing Your Home for Renters
Getting your home ready for vacationers is an essential step in attracting guests and ensuring they have a pleasant stay.
First impressions matter, and a clean home can set the tone for a guest's entire stay. Before listing your property, make sure every room is spotless. Pay special attention to high-traffic areas like the kitchen and bathroom. A professional cleaning service can help ensure your home is in top condition.
Guests appreciate a space that feels welcoming and uncluttered. Remove personal items and unnecessary decorations to create a neutral environment. This allows guests to envision themselves living in the space, making them feel more at home.
To make your home more attractive to renters, provide essential amenities that travelers expect. It includes reliable Wi-Fi, kitchen basics, and comfortable bedding.
Orlando Vacation Rentals: Marketing Your Home Effectively
Start by choosing the right platforms to list your property. Websites like Airbnb and VRBO are popular choices for vacation rentals, offering a wide reach. Local vacation rental websites can also be effective, especially for attracting travelers specifically looking to stay in Orlando.
High-quality photos are one of the most important aspects of your listing. Guests often make decisions based on the visuals alone, so invest in good photography. Capture your home in natural light, showcasing its best features.
Pair your photos with detailed, engaging descriptions. Mention key features, such as proximity to theme parks, shopping, or dining options.
Setting the Right Rental Price
Your home's location plays a significant role in its rental value. Properties closer to major attractions like Disney World or Universal Studios can often command higher prices. Guests are willing to pay more for the convenience of being near the places they plan to visit.
The time of year also affects what you can charge. During peak travel seasons, such as summer and holiday breaks, demand increases, and so can your rates. On the other hand, you may need to lower prices during off-peak times to attract guests.
Finally, the amenities you offer can impact your rental price. Homes with features like a pool, updated kitchen, or high-speed internet are more attractive to potential renters. Offering these perks can justify a higher rate and set your property apart from others in the area.
Rent Your Home in Orlando: Vacation Rental Advice
By applying these home sharing tips, you can make your Orlando rental stand out, attract more guests, and maximize your income.
At PMI Orlando Parks, we're a full-service real estate asset management company and we provide professional Short-Term and Residential services. Our office is locally owned and independently operated, but we are still part of a franchise that has been perfecting and changing the property management industry for nearly 20 years.
Get in touch today to find out how we can help your rental!
