VRS324 – Growing Your Short Term Rental Inventory with Brooke Pfautz

The last morning of the VRMA conference is typically a quieter one as the Exhibitor hall is being taken down and many delegates are heading to the airport.

So, when a final presentation was so popular the organizers had to open the doors between rooms to create more space, I knew it was going to be something interesting. It was the first time I’d heard Brooke Pfautz speak on the topic of attracting more owners, and I’m glad I hung around.

Brooke’s history with the short-term rental business goes back 12 years when he founded Vantage Resort Realty in Ocean City, MD and took an idea on a napkin to more than 500 properties in just five years. After exiting that business he took his industry growth experience to major vacation rental brands before creating the only sales and marketing agency in the vacation rental industry dedicated entirely to helping professional property managers add new homes to their programs.

Given owner acquisition is one of the primary goals of a forward-thinking property management company – after all, where would we be without our owners – the knowledge that Brooke shares is invaluable.

He talks about the 9 steps he takes PMs through to establish a sound OA strategy and gives some key advice for any company wanting to make significant growth.

Brooke has also included a couple of great downloads to help you get started on your new strategy to bring in multiple owners and of course if you need some help, check out Vintory.com

In this episode you’ll hear:

  • Why Brooke chose inventory growth as a focus
  • How to create competitive messaging
  • That direct mailing still works and why
  • The CRM technology that is still completely free
  • How to calculate the value of a property over time
  • How to create a Call To Action for owners
  • Why you need to get the right people in the right chairs
  • What sales tools to use

LINKS:
Batchgeo
Calconic – Calculator Widget
Vintory