Fully Managed Services for Property Owners
Serviced Accommodation is the latest property strategy being adopted many landlords and investors as an alternative to long-term lets.
At myhouse Agents we offer landlords an opportunity to earn passive income by providing a fully hands-off serviced accommodation management service. We offer a complete solution for landlords who are seeking to maximise returns on their investment, whilst removing the time, hassles and stress of managing the property.
We can maximise returns on your Properties by sensibly managing the pricing and length of stay restrictions based on supply and demand in the area. We always market at the optimal price and strive to achieve high occupancy rates to maximise the profit generated by your properties. We do this by using price intelligence software which dynamically updates rates daily based on the demand and supply of the market. This ensures that the optimal price is advertised and that the highest possible occupancy rates are achieved. Landlords can therefore benefit from higher profits from letting their property as short stay serviced accommodation compared to the traditional Assured Shorthold Tenancy Agreements.
In addition these short-term lets mean that landlords are not left to deal with difficult tenants or the need for eviction which, speaking from experience, can be a long and stressful process.
Take the stress out of managing your property. Our management fee is based on a percentage of the turnover. We are therefore incentivised to maximise the bookings. We charge landlords commission based on the revenue of each booking. We produce a monthly statement with a breakdown of the income and fees and send this to the landlord together with the payment for the month.
By handling the entire booking and guest experience, we offer the perfect solution for landlords wishing to maximise returns on their property whilst removing the hassles and stress of managing the process – so you can sit back and relax, whilst we manage the entire property and booking process.
Peace of Mind
We vet all guests by asking them to sign our standard Booking Terms & Conditions, in which they must agree to our strict House Rules prior to arrival. We also ask the guests to provide ID and take a security deposit.
We set strict house rules for our guests to ensure our landlords’ properties are respected. We have a minimum age requirement of 21 years for the lead guest and ask guests to minimise noise between 11 pm and 7 am. There is also a no-smoking policy in all our properties. In the event that house rules are not followed or there is any damage we will keep the deposit.
We will also take care of the marketing of your property. This includes photography of the property and creating detailed descriptions designed to attract as many visitors to the listing as possible. We will also handle all the payments and ensure that Guest payments are taken before their arrival date
We will regularly check the rates against the market and strive to optimise your profits. We do this by using price intelligence software which dynamically updates rates daily based on the demand and supply of the market. This means that the optimal price is always advertised and helps to achieve the highest possible occupancy rates.
Your property will be marketed on our website as well as popular online booking sites such as Airbnb, Trip Advisor and Booking.com.
We manage the entire booking process. We will handle guest enquiries, direct and third party bookings, the vetting process and the check-in/out process, as will take care of housekeeping and linen as well.
We will also manage any maintenance issues directly with maintenance contractors.
We will handle all guest payments, deposits and any damage charges. We charge landlords commission based on the value of each booking. At the end of each month we produce a breakdown of the income and send this to the landlord together with the payment for the month.
For more information or advice, please call us on 0161 713 2688 or email email@example.com