Rental properties can be a fantastic investment, especially if they are located in a place that attracts lots of tourists. With the emergence of online services like Airbnb, more travelers are choosing private rentals and non-traditional lodging for their vacations. It’s a great solution for both tourists and property owners. Tourists often save money by having amenities like full kitchens and get a unique experience in the city they’re visiting. They also get the satisfaction of supporting locals directly instead of a big, corporate hotel. Property owners get an additional stream of income and get to meet people from all over the world.
Unfortunately, the benefits end when guests don’t pay. Sometimes they don’t pay their balance upon checking out. Other times, there are damages or fees that are left outstanding. It only gets worse when you try and collect on those fees and you’re unsuccessful. You may be left footing the bill for unpaid fees, which eats into your profits. It may also cause you to be mistrustful of future guests and ruin the fun of hosting your vacation rental. The good news is that a qualified, professional collection agency can help you collect your outstanding bills and restore your peace of mind.
Keep Your Vacation Rental Profitable
Chances are, as a vacation rental owner, you probably have a lot on your plate. You may have a regular job or run a business, care for a family, or any number of responsibilities outside of your rental property. Or, you may be operating several properties as a small business venture. Either way, your vacation rental is a legitimate business venture that you have to keep profitable. Otherwise, it simply isn’t worth your precious time. It may be tempting to try to cut costs by handling your collections yourself, but that may actually end up costing you more in valuable time. Professional collectors can be more efficient and effective because they are trained in collection techniques and regulations.
Protect Your Reputation
So much of your success in vacation rentals comes from word of mouth and repeat business. When people enjoy their stay with you, they will tell friends and family about you. They will also come back. Don’t let a dispute over an unpaid bill come between you and your best guests. Refer your outstanding debts to Southwest Recovery Services. Our debt recovery method relies on respecting and building rapport with your customers. You can always count on us to represent your company fairly and leave customers with a positive experience.
Protect your Peace of Mind
For most vacation rental owners, your work is a labor of love. You’re passionate about your destination and you love helping others experience it. Your business is meant to enrich your life, not add stress to it. When outstanding debt from guests builds up, it can cause anxiety. It adds to your administrative workload and causes conflict between you and the people you serve, which never feels good. Placing a buffer between you and those guests can help ease your mental and emotional burden and help you get paid faster, all of which is great for your stress levels.
Southwest Recovery Can Help You Collect!
No matter what kind of outstanding debts you’re dealing with, Southwest Recovery can help! We’re a contingency collection agency, which means that we deduct our fees from the money we collect for you. That means there is no risk for you to try our services. Refer your outstanding debt to us today and get instant relief. Give us a call to get started!