Being a marketing intern for Barefoot Technologies has been a great experience. My knowledge about Vacation rentals and the industry was very limited before I joined the Barefoot team. I knew it consisted of renting a furnished house, apartment or condo but I wasn’t sure how you went about it or made it happen. I had no idea this was a $23billion industry in the US in 2012 and that it is growing in popularity, but after all the information I have red I see the potential in investing in Vacation rentals.
Barefoot Technologies Blog- Vacation Rental Industry News
I wrote a blog on April 2nd titled “Preparing your Florida vacation rentals to be ready for changeand now change is one step closer. But the changes may not be as drastic as some local full-time residents had hoped for. The Florida Vacation Rental Bill-SB 356 just passed the Senate with compromise language. It will now go to Governor Scott. The Florida House of Representatives passed a bill Wednesday with a 90-27 vote that gives local governments’ limited control over rentals but not the regulatory power many were seeking.
On March 12th we wrote a blog that described state lawmakers in Florida looking to have changes made to the rental properties industry by July 1st of this year. The bill is about the rights of the people who live near the rental properties according to those who support it.To read the full bill click here. If this bill passes, changes would need to be made to your business to abide by these new rules. The community would be able to impose rules on trash, noise, and traffic. This would mean property managers will need to be careful about who is renting the property. A group for a bachelor party would not be suitable for a quiet residential area for three nights but a young couple with small children should be fine. Here are some ways to prepare your business for the potential law changes ahead.
Over the past few months, several pieces of legislation have popped up that want to increase, or at least allow for the increase of legislative influences over vacation rentals. We have already written about cases in Hawaii, Colorado, Las Vegas and more but the latest legislation is coming in Florida, a vacation rental hotspot. The bill is aimed to remove a prior bill that restricts legislative measures. We saw legislative involvement go over poorly in Hawaii and other places but what is going on in Florida?
Finns and Vacation Rentals By Aki Uola
Tags: Vacation Rental Industry, Vacation Rental, Client Expectations, Rentals, How to market vacation rentals, Property Management, Management Software, Competitive Advantage, Florida, Rental Shoulder Season