Vacations in Maryland are becoming more and more common, which makes sense when you consider all the attractions that the Old Line State has to offer. Listing your home for rent is a great way to turn some passive income with short-term vacation tenants.
Read on to learn some top-notch marketing strategy options for landlords looking to make a bit of extra rental income.
Know Your Property's Worth
When listing a rental property, you need to assess it and decide on what constitutes fair rent. This may sound challenging, but professional property managers have the knowledge and tools needed for accurate rental valuations.
This is important for marketing because you need a fair listing that can save people money. If you're not sure what to list the unit for, you won't be competitive among renters in Maryland.
Make Listings Stand Out
Before you can market your short-term vacation rental property, you need a good listing to show off.
Quality listings should have a full list of what's provided with the unit. You should share the rental's square footage and amenities (like appliances or yard space). Be clear about the terms of rental like whether you plan to allow pets or not.
It's also critical that you include a lot of photos of different parts of the home. If you don't, people won't feel confident about renting with you. Having more well-lit, good-looking pictures to scroll through shows how clean and attractive the home is so that people feel comfortable booking.
Multichannel Promotion
Once you design a good listing with the help of a property manager, it's time to ask the pros to help you promote the listing on socials.
Put the listing on several different sites like Airbnb. Link to the listings on platforms like Twitter and Instagram. These social media apps will show ads to the most relevant people looking to go on vacation in Maryland.
This is a surefire way to get people to click on your listing, learn more, and drive traffic to your website.
SEO Optimization
Speaking of web traffic, you also need to boost your listing's SEO. Ask property managers to include searchable keywords in your descriptions and image alt text. This will show Google indexing bots that your listing is relevant for these terms and show them to the people who are actively looking for a rental property.
You also can put blog posts and videos on the site that drive people to click and linger. You'll give them something valuable to read and show Google's bots that people see you as an interesting and relevant listing.
Start Listing Your Home for Rent the Right Way
Now that you know some tips when listing your home for rent, it's time to create a good marketing strategy with property management experts.
Our team is excited to help you create a compelling listing for your Ellicott City, Maryland vacation home. We'll talk with you about your specific needs, design an eye-grabbing listing, and screen tenants to help you find high-quality renters. Contact PMI Old Line to learn how much rental income you could be making.
