The popularity of self-managing vacation rentals has increased drastically over the last 5 years, with third-party listing sites like Vrbo and Airbnb providing homeowners with a system to manage their homes without involving a professional property or rental manager. Provided are basic management tools like a listing page, reservation system, basic pricing algorithm, etc., and they tend to make money. For some homeowners, self-management is ideal. For others, partnering with a professional like Margaret Rudd & Associates, Inc., REALTORS® means both making more money and enjoying more of their investment in not having to deal with the details!

Here, let’s discuss the 3 most common myths or misconceptions about self-managing vacation rentals so that you…

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