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Letting Your Holiday Villa In Europe



O


wners of villas in France,       commission.                       
Spain and the Algarve who                                         
come to us do so for two        You might need help describing    
reasons: firstly they don't know      your villa to the best effect.    
how to market their house, and        For example, your views might be  
secondly, they worry about damage     stunning, but sadly that is not   
to their house. Agents can help       worth much in the market these    
with both of those things to some     days - to some customers          
extent, but are they worth the        'stunning views' sounds like      
commission? The answer is it          something that people say when    
depends.                              they can't think of anything else 
                                      to say. In an oversupplied        
Marketing is more than just           marketplace you need to make a    
advertising. The villa rental         house stand out.                  
market in Europe is now very                                            
price sensitive, at all levels.       Choice of tenants is the area     
Customers do their research and       where agents can really add a     
know precisely what a villa is        lot. Letting your pride and joy   
worth. Set your pricing too high      to strangers can be scary to the  
and your house will stand empty:      uninitiated. Established agencies 
set it too low and you will be        have long lists of happy          
full by March and wish you had        customers who come back year      
asked more. A good agent can tell     after year, and whom they know    
you what it is worth and has a        often personally. If you are      
lot of data on which to base that     going to let strangers stay in    
advice. But do your research and      your house then it is comforting  
you will know what your villa is      to know that at least they are    
worth as well. If you are             friends of friends.               
confident in your ability to do                                         
that then you can save yourself a     The position of agents in the     



market used to be controlled by       take responsibility for it.       
marketing media. Press                                                  
advertising and publishing            If you do decide to use an agent, 
brochures is expensive, and in        you can go one of two ways.       
the pre-Internet world it was         Either you will make an exclusive 
prohibitive for individual            deal with an agent who is         
owners. The Internet has changed      prepared to commit to a certain   
the villa rentals industry for        number of weeks per year, or you  
good by making maPalmerketing         will operate on an ad hoc basis,  
accessible to non-tech-savvy          typically with more than one      
owners: all you need to do is         agent offering your house. Agents 
make a website (most children can     who are prepared to risk the      
do that bit) and open and Adwords     former and few and far between,   
account: bid 50p a click for a        and the few that are around will  
very specific keyword that the        typically offer much less than    
most qualified leads will be          the house is worth, but it is     
searching on, and you will            also the worry-free option.       
probably do OK. But probably is       Probably the best of both worlds  
not good enough for some people:      is to use agents and offer        
if your holiday villa budgeting       yourself: that way you acquire    
is dependent on holiday lettings      the judgement you need and still  
(unwise but sometimes necessary)      have somebody to advise you and   
then you need to be sure that         take an interest in achieving a   
some professional person will         good return on your investment.   




About the Author:

Seb Palmer works for Palmer and Parker an establised agency advising clients on offering their villas in France, Spain and the Algarve since 1971.


Read more articles by: Seb Palmer

Article Source: www.iSnare.com


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