Showing posts with label Homeowners. Show all posts
Showing posts with label Homeowners. Show all posts

Friday, November 17, 2017

Why Homeowners Should Use Licensed Agency When Renting Out Their Home For 2010 Olympics

Why Homeowners Should Use Licensed Agency When Renting Out Their Home For 2010 Olympics

If you have a home in or near Vancouver, Canada, then you have an opportunity to make a considerable profit by renting your home as 2010 Olympic accommodation. There is a little more to it than just putting an ad online, and there are few things to think about. To find a good renter and to ensure that the whole rental process goes smoothly consider services of a licensed rental agency.

There will be lots of home owners looking to rent their properties out as 2010 Olympic accommodation, maybe even your friends and neighbors. This means that you will have a lot of competition to find a renter. A licensed agency can give you a huge advantage in this department because they have a much better ability to advertise. Remember that potential renters are not local. They are likely to be coming from foreign countries. They will not be familiar with the area and will be much more likely to use and trust a licensed agency. The professionals will know how and where to market to international clients. They already have professional websites established and a reputation that can be checked. It would be very hard for you compete with that power and authority as an individual.

Using a licensed rental agency means that you will pay a commission, but it also means that you can get a higher price for your 2010 Olympic accommodations. A licensed property rental agency will attract a higher caliber of clientele who will be willing to pay a premium to ensure that they are getting what they are expecting and what they are paying for. This means that working though a licensed agency would be beneficial for both the home owner and the renter.

The licensed rental agency will be sure to screen the guests. This is critical since you will be turning over your home to strangers. You want to make sure that they are the type of people who will be respectful and not cause damage to the property. It is also important if you have stipulations about no smoking or no pets. There is no guarantee that nothing bad will happen to your property, but screening the clients will significantly reduce the odds.

Another benefit is that the agency will also ensure that all the proper rental agreements are taken care of. They will also handle the collection of the deposit and all other money transactions for your 2010 rental accommodation. This means that you can be rest assured that you are protected in case anything goes wrong. It also makes it easier on you as you do not have to deal with collecting money from the clients or returning the deposit. That is all handled for you by the rental agency. So you never actually have worry about scams that often occur with money transactions.

Before you hire an agency to manage your 2010 rental property, be sure to ask for their license number and check with licensing bureau if they really exist.

Renting your house as 2010 Olympic accommodation is a great way to make money, but be sure to use a licensed agency to ensure that the experience is a positive one for both you and the renter. You can make more money and have less risk. You will be glad you did.

Slava Kandakou is Managing Director at Golden City Rentals Inc. - licensed agency in British Columbia, Canada that specializes in furnished rental accommodations and provides peace of mind to both homeowners and guests.
For more information on Golden City Rentals, visit