Switching from Short-Term to Mid-Term Rentals
Admin
Published Date: 2024-02-28
Are you considering switching from short-term rental properties to midterm furnished rentals? There are tons of reasons to move in this direction, including fewer check-ins, no need to worry about bans, and fewer requirements for intensive cleaning. If you’re ready to make a change, moving to midterm rentals could be a great choice.
Midterm rentals tend to be attractive to people traveling for work and other essential purposes, whereas short-term properties may be chosen for events and vacations. Keep reading to learn how to swap your rental from short to midterm rentals.
Make Sure the Property Is Ready
First, make sure your property is ready for longer stays. You want to be sure it’s perfect for people who will be staying there for weeks or months. Workstations, exercise rooms, and other items like this can be a huge draw for anyone who needs midterm furnished rentals.
The amenities you want to prioritize include square footage, laundry facilities, a full kitchen, separate bedrooms, and quiet neighbors. Consider whether the property is appropriate as a home – not as an alternative to a hotel room.
Start Marketing
After the property is ready, it’s time to market it. Make sure you post it on the right websites catering to the guests you want. You can post on sites that focus on short-term rental properties as well as those for people who want to stay longer.
Even social media listings can be useful as marketing for your properties. There’s nothing wrong with thinking outside the box and exploring all your options.
Create a Listing
You want to be sure your listing is tailored for your new purposes. That means focusing your description on things that matter over longer periods, such as where the nearest bus stop and grocery store are. Adding distances to hospitals and corporations can also be useful.
This is also the right time to tweak your rental prices and make sure you’re going to get the profits you deserve.
Once you have everything in place and you’re ready to advertise your midterm furnished rentals, make sure to list them on CHBO. Tons of people visit to find rentals for business trips, relocations, and more. Look through our services to see all the ways we can assist you on this journey.
