New marketplace Comparable connects homeowners with STR managers
Summary
This article discusses the platform Comparent, a new marketplace connecting homeowners with STR managers. It emphasizes the importance of making informed decisions about property management and using tools to vet potential hires. Hosts should consider exploring Comparent to find and evaluate property managers.
Key Insights
- •The article highlights the importance of vetting potential hires upfront and using tools like predictive personality assessments to reveal their true personality.
Action Items
- ✓Consider using predictive personality assessments when hiring a property manager.Effort: mediumImpact: medium
Tools & Resources
- →Comparent: Comparent is a platform connecting vacation rental homeowners with professional vacation rental managers.
- →Predictive Index: Tools like predictiveindex.com can be used for personality assessments.
Related News
User Profile: Mountainside Treasures
This article shares the experiences of an STR host who has grown their business from a single condo to nearly 30 properties, highlighting the importance of guest service and the use of OwnerRez. The host emphasizes that delivering a good guest experience is a key factor for success, and struggles with the power of OTAs and challenging guests. Consider OwnerRez as a key tool for managing your properties.
Owner Statements 2.0: Faster, Clearer and Built for Growing Portfolios
Lodgify has released Owner Statements 2.0, promising faster and clearer reporting for property managers. This update aims to cut down manual work and improve the quality of reports shared with owners.
Financial firms face rising cyber risks, data challenges
This article discusses rising cyber risks and data challenges in the financial services industry, including fraud prevention using AI. While not directly about STRs, it highlights the importance of data quality, which directly impacts the effective use of AI for risk management and decision-making for STRs.
Booking.com Refunds Policy: Process and Ts & Cs Explained
This article from iGMS explains Booking.com's refund policies and cancellation options for hosts. It highlights the importance of choosing a cancellation policy that balances flexibility to attract bookings with financial considerations, and encourages hosts to experiment with different policies and rates to find the ideal balance.