Thursday, March 6, 2008

How To Rent Your Properties Short Term For Bigger Profits

Are you one of the many overseas property investors and finding you property hard to sell? Have you thought about renting you property to short term as a holiday rental? Well you will need to know some things before you start!

Advertising property for holiday rentals can be expensive if you go ahead without doing your research, you need to know where to spend your money if any or if you wish to pay commission for those finding your clients.

Well lets look at each one and it advantages and disadvantages.

Media & Newspapers

Advantages - Good exposure, local options available. Disadvantages - Expensive, Limited Space Available, Not every listener/reader may not even be thinking about renting.

Online Advertising

Advantages - Cheap, Clients Are Looking For You, Full Details & Availability. Disadvantages - Difficult To Find Right Online Presence.

Now it seems to me that advertising in newspapers can only do so much and as more people are using the internet to book holiday then the only place to advertise is online.

But then you need to know where online to advertise, well I would say this... You cannot simply advertise on one site you will find that you will not fill every week for your property. You need sites that are easy to use and that give you the best value for money as you will be wanting to place your property on a few sites.

I will not list the sites here but will tell you how best to find them. Not hard just goto Google or any other popular search engines and search for "holiday home advertising" and take a look at the results. Go for sites and are under 30 euros or less for a years advertising as you can guarantee this site will produce the best results as it appears good on the search engines and has good amount of holiday homes online.

But before you signup to your chosen sites remember to check things like.

How many properties they have in your area. The fewer the better. Is the site easy to use i.e. Do and example search see if you can find something random i.e. 2 bed apartment in spain quickly.

Generally if these are good you are likely to not go wrong and sites change over a year all the time so you will see a good site get more and more popular.

I have over 10 years of property related experience and have found this the only way to maximize you holiday home rental income without spending a fortune.

Wayne Johnson is the owner of http://www.worldprops.com where you can advertise you holiday home quickly and easily for only 29euros per year.



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