More and more people are discovering the advantage of renting vacation property directly from the owner instead of booking the same condo through a management company.
During the last 5 years the number of properties being advertised on the internet directly from owner has exploded to well over 50,000.
People are discovering that they can save significant money by renting a condo directly from the owner. The reason why is simple. When a person rents a condo through a management company it is not unusual for 50% (yes, 50%!) of the fee to stay with the management company.
When a person rents directly from an owner the owner gets to keep 100% of the rent. Therefore, owners can discount their properties quite a bit and still make significantly more money then if they used a management company.
For example, let’s say you wanted to get a 2 bedroom condo in Keystone Colorado for 7 days over Christmas. Going to the Keystone website, we found the total price for a two bedroom condo that is walking distance to the lifts quoted at a total of $3,759.92.
Renting directly from owner, we found identical condos for around $2,600. You would save well...
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