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News & Insights
Why Short-Term Rental Properties Are Booming in 2024
Short-term rental properties are experiencing a major boom in 2024, and it's no surprise why. With platforms like Airbnb and Vrbo making it easier than ever to list and book properties, investors are recognizing the high profitability of short-term rentals compared to traditional long-term leases. One key factor driving this surge is the increasing flexibility of remote work, which allows people to live and work from virtually anywhere. More professionals are taking extended "workcations," opting for short-term rentals that provide the comfort of home while offering a change of scenery.
Additionally, travelers are seeking out unique and personalized accommodations over standard hotels. From cozy cabins in the mountains to beachfront condos, short-term rentals offer diverse experiences that cater to a variety of tastes. This demand is creating lucrative opportunities for property owners, especially those who invest in vacation hotspots or areas with high tourist traffic.
Moreover, short-term rentals typically yield higher income because hosts can charge premium nightly rates, especially during peak seasons. By maximizing occupancy rates and adjusting pricing dynamically, property owners can significantly boost their earnings compared to a fixed monthly rent.
For homeowners looking to capitalize on the short-term rental market, platforms like REDBO are making it easier to sell properties without the burden of hefty commissions. By taking advantage of commission-free home selling, sellers can pocket more of their earnings while benefiting from this booming rental trend.
Technology has made it easier for home buyers to find homes, but sellers are lagging behind. Still paying realtor commissions for what is now less complicated and easier job. You don't have to, and that's why so many sellers are finally changing the way they think about their home sale. Social media and technology has transformed this outdated process by allowing them to share and exchange their home sale information all by themselves. You can do it too.
Moving with children is not the ideal situation. Most parents and children see the stressful movement. However, what do you do when you manage to find your dream job in New York or another city in the country? Often you have no choice but to pack your house and move. But how do you make the moving process easier? There are some great moving tips to help the process go better. Of course, it is easier to move with grown children, while with younger children it is often an adventure in itself.
Technology has made it easier for home buyers to find homes, but sellers are lagging behind. Still paying realtor commissions for what is now less complicated and easier job. You don't have to, and that's why so many sellers are finally changing the way they think about their home sale. Social media and technology has transformed this outdated process by allowing them to share and exchange their home sale information all by themselves. You can do it too.
Moving with children is not the ideal situation. Most parents and children see the stressful movement. However, what do you do when you manage to find your dream job in New York or another city in the country? Often you have no choice but to pack your house and move. But how do you make the moving process easier? There are some great moving tips to help the process go better. Of course, it is easier to move with grown children, while with younger children it is often an adventure in itself.
How to Sell your House FSBO 2021
7 Keys of Success when it comes to FSBO. FSBO is getting more and more popular every single year. - Will save you a ton of commissions. Ready for the market I know this sounds obvious but you’d be surprised at how many people just put a sign in their front yard that says FSBO or posted on the website calm and prays for the best number. Comparable Properties You need to find at least 2-3 to 6 comparable properties to yours.
