Property Management Information - Park City Utah

 

Second Home without placing in rental pool

If you want a second home in Park City but don’t want it to be but in a rental pool but would like someone to keep an eye on it then there are property management companies that specialize in maintaining an owner's second home. They can offer a variety of services including getting the home ready for your arrival with food, setting up dinner reservations and etc. 

Second Home placement in nightly rental pool

Using a Property Management Company

There are many available and it is best to interview several before choosing one. Depending on where your property is some may specialize in certain areas compared to others. Besides providing excellent service it is also important to consider how well they advertise to optimize occupancy for your unit. Many can provide rental projections or even rental histories. They typically take a cut of 40-50% of the gross revenue in the Park City area. You also need to check with the CC&R’s for the property to see if they require you to use a specific company. With my clients, I can help them find a list of reputable companies as well as ones that specialize in the property they are interested in purchasing.

Do it yourself Property Management

This requires work on your behalf but if willing then it can be an alternative to working with a Property Management Company. You would need to have a website on the property. There are many vacation rental by owner sites available to post your site to optimize getting potential renters. A couple of the most popular sites for vacation rentals by owners to post their nightly rental properties is on VRBO and Cyberrentals. Then you need to keep track of availability and booking as well as payment. One way to get the key to the renter is to use a lockbox with a key at the property for the renter to access the key without needing a front desk or property management company and then work with a reputable cleaning service to arrange either daily or weekly cleaning.  I can also advertise for free your rental property on my Park City Vacation Rentals page.

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