Local government rules and laws governing short-term rental operations, such as permits, taxes, and noise ordinances.
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Glossary Term: VRBO
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The process of transferring funds between guests, hosts, and booking platforms for short-term rental transactions.
A cleaning service offered between bookings, particularly common for longer stays in short-term rentals.
Listing a short-term rental property on multiple platforms, such as Airbnb, VRBO, and Booking.com, to reach a wider audience.
The highest amount of security deposit that a host can legally charge guests for potential damages to their short-term rental property.
The practice of listing a short-term rental property on multiple platforms, such as Airbnb, VRBO, Booking.com, and others.
The process of handling guest inquiries, booking requests, and other communications received through various platforms like Airbnb and VRBO.
A detailed record of all maintenance and repair tasks performed on a short-term rental property, including dates, descriptions, and costs.
A situation where the supply of short-term rentals in a particular market exceeds the demand, potentially leading to lower occupancy rates and rental prices.