VR 101

FlipKeyVerifiedOwner January 26th, 2012

How Does FlipKey Prevent Vacation Rental Fraud and Scams?

At FlipKey, we’re devoted to making it easy, safe and fun to find and book a vacation rental online. We work hard to make FlipKey the most trusted website to find a rental, and we want to share our expert advice so that when you book a rental on FlipKey – or anywhere else – you can make a safe and informed decision about where to rent.

How Does FlipKey Protect Me From Scammers?

Owner Verification
The most important protection we offer to prevent travelers from scams happens before a property appears on FlipKey. Owner background checks and extensive property authentication are just a part of our stringent and time-tested owner verification processes. This process prevents fraudulent listings from appearing on FlipKey.

A Community of Trust
FlipKey has more verified reviews from past guests than any other vacation rental site. Our patented review system ensures that reviews are left by people who have stayed in the property, and we don’t allow property managers/owners to remove negative reviews about their property. Guests can now also upload photos of their stay along with their review.

Vacation Rental Protection Plan
On top of all our security measures, we also offer an affordable travel insurance policy specifically designed for vacation rental stays that protects travelers from unexpected issues like denial of entry, inadvertent double bookings, and foreclosure in addition to many traditional travel insurance benefits. See here for more details.

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April 20th, 2011

One Spare Week – Vacation Rentals for Charity

Geronimo!Is it possible to fill your booking calendar and contribute to your favorite charity at the same time? Have you ever asked yourself how you could take a vacation and make a difference in society?

These are the questions that Mike Last and Michael McFadden have started to answer with Geronimo.com, a website that asks vacation rental owners and property managers to contribute “one spare week” to charity. I caught up with Michael the other day and had the chance to discuss Geronimo, how the service works, and where it’s going.

FlipKey: Let’s start with the basics – what is Geronimo and how does it work?

Michael McFadden: Geronimo is a service that allows vacation rental owners and property managers to donate a portion of a rental income to the non-profit of their choice without dealing with the hassle of non-profit bureaucracy. Essentially, you list a property at a discounted rate (we recommend a 20% discount) for a set period of time on Geronimo.com. The owners can get half of the rental income, and the other half is for the net donation.

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January 26th, 2011

Driving Vacation Rental Traffic with Social Media Strategies

The social internet provides unprecedented opportunities to connect with potential guests and market your vacation property. Vacation rental owner, author, and blogger Heather Bayer shares some great advice on taking advantage of social media to help promote your property online.

Driving Vacation Rental Traffic with Social Media Strategies

social media map

by Heather Bayer

Listing your property with good, traffic-rich sites such as FlipKey is important, and this should be at the top of every vacation rental owner’s marketing plan.  What is not as obvious are the huge opportunities available to drive traffic to your listing or website with free or low-cost social media strategies.  The strength of Facebook, Twitter and YouTube for reaching a mass audience has never been greater. Continuing growth in all of these markets points to them sticking around a long time, so if you haven’t leaped in yet, now is the time to do it.

Before you begin, research what your competition is doing with social networking.  Look at how they are interacting with clients; what they are posting and the responses they are getting.  This research gives great insight into where you can position yourself in the social media scene.  Here are four networking opportunities to get you started:

Blogging

Despite the growth in Facebook and Twitter, a well-designed blog remains the strong foundation of a robust social media strategy.  The key to success with a blog is to post regularly, allow comments and reply to them personally, and post on a range of topics to appeal to your audience.  Many vacation rental owners are now using a blog platform such as WordPress to power their web site, and featuring a blog on it  gives it great value overall.  It’s possible to do all this for free with a site hosted on WordPress and a free theme, but for a relatively small outlay (less than $100 per year) for a hosting service and a paid theme, you can create an elegant and well-optimized site that will generate  a good amount of  traffic.

Facebook

It’s very likely you already have a personal account on Facebook.  For a professional approach to your vacation rental, you’ll need to create a Facebook Page.  Here, you simply promote your property and the area, and connect with potential guests without them seeing your personal interactions. Mari Smith’s Facebook 101 for Business is a great place to start.  There are a lot of companies offering Page design services – Custom Fan Page Designs do a great job at reasonable rates.

Twitter

Twitter gets bad press from people who are not using it for business purposes.  For vacation rental owners who want to connect with the people that really matter such as travel writers and potential guests, it is a terrific social medium.  It takes some time to create a group of followers on Twitter but it’s worth persevering.  As with any other social network, be careful not to use it for straight promotion of your property – it’s about making a connection, starting and maintaining a conversation, and sharing your expertise on your area.  When you set up your Twitter account, follow me @cottageguru and send me a direct message with the word FlipKey in it.  I’ll follow you back and add you to my list of FlipKey Tweeters.

Article Writing

In 2006 I wrote a short article called Travel Insurance for Vacation Rentals and posted it on Ezine Articles, the giant of article marketing sites.  In 2011 that article still ranks in the top three on Google for those key words and is consistently republished on other blogs and websites. Publishing articles is a simple and effective way to create buzz about a topic you are interested in, with the opportunity to create a signature block that includes your bio and a link to your listing or site.  What better way to market your property for free?

It’s not necessary to tackle all these platforms at once – take one at a time and give it a week or two of concerted effort, and then move onto the next.  Just remember that having a successful social media strategy is like spinning plates: they all need consistent attention to keep them going.

Heather Bayer is author of Renting Your Recreational Property for Profit (Self-Counsel Press) and is passionate about raising standards in the vacation rental industry.  She regularly blogs at www.cottageblogger.com and runs a successful membership site at Renting For Profit – The Complete Resource for Vacation Rental Owners.

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October 29th, 2010

Tips and Tricks for Not Scaring Away Your Guests this Halloween

Before you know it, Halloween will have come and gone, and being named creepiest house on the block will no longer be a compliment. While vacation rentals offer privacy, more space, superior amenities, and better value than most hotels, there are some unique home features that can be off-putting to an unsuspecting guest.

Spider ridden cobwebs, mounted animal heads, and unfamiliar sounds are some of the house features that are likely to scare off visitors, especially once Halloween has passed. Don’t let one small thing spoil an otherwise great property review! Use these tips and tricks to de-spook your home this holiday season:

The Creepy:

“Deer head above fireplace, creepy. I think it stared at me the whole time!…[but] Overall we had a great, relaxing vacation.” –Anonymous vacation rental review

Hanging an occasional hunting trophy on the wall is alright but covering your walls from floor to ceiling with everything from dead rodents to bears could potentially be overkill. When decorating, try to find a balance between giving your property character and creating an environment that might make some of your guests, especially animal lovers, uncomfortable. If your taste does gravitate towards taxidermy inspired décor, post as many pictures of your property and its furnishings as possible to give prospective renters a better idea of what to expect.

The Spooky:

“First night was a little “scary” as you hear every noise echoing about – it’s all wood floors – no carpet – and you hear every pop & creak…[despite the noises] I would stay again & I would recommend this cabin!” –Anonymous vacation rental review

Many older houses will undoubtedly have some creaks and squeaks. Drippy faucets and squeaky door hinges on the other hand are a quick fix with a little help from the plumber and a can of grease. Remember, unfamiliar noises can seem a lot scarier in the middle of the night than they do in the daylight so try to identify and address any strange sounds that could be unsettlingly to a new house guest.

The Scary:

“We checked in late at night, so I think the most difficult part of that was finding which unit was ours, in the dark, without assistance… [However, based on the rest of our stay] We would definitely consider going back!” –Anonymous vacation rental review

While you may not be able to personally welcome your guests upon their arrival, there are still ways for you to make sure that they feel safe and secure while staying in your home. Keep in mind that many guests may be visiting your property for the first time. Prior to their departure, provide directions that are as detailed as possible to avoid any confusion. For houses in more secluded or wooded locations, install motion sensor lights to help guide those arriving late into the night. Don’t forget to check that the locks on all windows and doors are working properly. Finally, if your house has a home security system, make sure to leave clear instructions on how to operate the alarm.

While the creepy, spooky, and scary mentioned above can make some travelers uncomfortable, the good news is that many renters are forgiving as long as they enjoy the rest of their stay. So, in the spirit of Halloween, make your guests feel extra special by leaving them a treat—a candy bowl on the coffee table or a goodie bag filled with local specialty items is always a nice surprise!

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April 15th, 2010

Increase Inquiry Volume by Collecting Reviews

Reviews Rent Vacation HomesAt FlipKey and TripAdvisor, we’ve seen first hand the monetary success that coincides with having reviews. Properties that have reviews earn higher rankings and placement in search results. Think more visibility, more inquiries, and more bookings! Having reviews for your rental properties is so crucial that we want to share some essential tips to make collecting reviews easy for both you and your guests.

The Importance of Reviews

A listing is not complete until you have collected at least one review. Reviews provide a sense of trust, credibility, and confidence amongst consumers searching for a vacation rental.  In fact, nearly 80% of travelers say they are significantly more likely to book a property if they can read reviews from past guests(1).

In order to appeal to the 80% of travelers who heavily rely on reviews from past guests as a signal of your property’s credibility, you must consider the process of collecting reviews as a fundamental first step in renting out your property.

Here are some helpful tips to make collecting reviews easy and stress-free:

  • Encourage Your Current Guests to Leave Feedback After Their Stay. Set the tone by letting guests know that if they enjoyed their stay, you would greatly appreciate them sharing their feedback with other travelers by leaving a review.
  • Explain The Review Process. Let your guests know that you’ll need their email address in order to send them a review invitation, but that their email address will exclusively be used to solicit feedback in the form of a review.  One way to indirectly remind guests to leave a review is to add a small note or written request in your rental contract.
  • Initiate the Exchange of Email Addresses. Start by giving guests’ your email address.  In return, ask for the email address of two or more people in your guests’ party (just in case you have trouble collecting a review from one person). Sharing your email address first not only makes it easier to ask them for their email address, but is also a good way to make sure that they have your contact information in the event that they choose to return.

Swapping contact information with your guests is easy:

  • Make Business Cards For Your Property. Create business cards with your contact information and your property links on FlipKey and TripAdvisor. You can also leave a stack of cards on the kitchen counter or coffee table (we’d recommend conveniently placing them next to a guest book that has a column for guest email addresses).
  • Create Pocket Sized Area Maps with Contact Information. Create a pocket size map of the local neighborhood. Include your home, great restaurants, and key attractions on one side of the card and your contact information on the other. Give it to your guests in exchange for the email addresses of multiple guests in the traveling party. A tourist is always looking for a map to make sure they hit all the “hot-spots” in the area.

  • Remind Guests to Leave a Review During Their Stay. Design an attractive sign with a catchy logo reminding guests to leave a review on FlipKey and TripAdvisor. Place the sign in a high traffic area, like the inside of the front door or kitchen where guests will see the sign frequently.
  • Set a Time Frame. Tell your guests that you will be sending a review invitation almost immediately after their stay. Sending a review invitation while your visitors are still relaxed from their wonderful vacation and while your property is still a vivid memory will increase the likelihood of positive feedback. As time passes and as they get caught up with the chaos of daily life, they will forget that you even asked them to leave a review.  So be sure to request your review in a timely manner.
  • Time is Money. Send follow up emails within 48 hours after the initial invitation.  Guests are significantly less likely to respond if too much time passes in between their actual stay and the time that they receive the email review invitation. Since reviews are central to property rankings on FlipKey and TripAdvisor, and higher rankings mean more viewings, inquiries, and bookings, you want to make sure that you successfully add a review at every opportunity you get!
  • Send a Personalized Email. FlipKey makes following up with past guests very simple by allowing owners to send a personal email directly to past guests. When sending an email from your personal email address, include the unique URL to the review invitation so that your guest can easily click on the link and leave a review. Including a memorable part of your home in the subject line will make them more inclined to open your email immediately. Make sure to distinguish your email from all the other emails that are clogging up their inbox.
  • Create a Thank You Note. Write a basic thank you note that you can tailor to each guest. Many owners require a refundable deposit, so this is a perfect opportunity to let your guest know that you are returning their deposit and to slip in a link to have them leave a FlipKey review.
  • Increase Your Odds by Emailing Multiple Guests From The Same Party. Since you have collected multiple email addresses from the various guests who stayed in your property together, send a review invitation to each guest that shares their email address with you. In your personal email feel free to sympathize with your guest about the rough adjustment back to normal life, but remind them that feedback about their stay would be sincerely appreciated, and that they are welcome back at anytime (repeat business)!

In a perfect world, every guest would respond to your invitation, but the truth is that most guests are going to need a bit of a nudge. A guest may have a great experience staying in your home, but may never leave a review due to the chaos of every day life (work, laundry, kids, etc). In fact, only about 40% of people leave a review after their stay(2). Although it can be disappointing that more travelers are not the reviewing type, you can be confident that your guests likely had an amazing time. Most travelers have great experiences staying in a vacation rental, and nearly 90% of vacation rental guests would recommend renting a vacation home following their stay(3). Our own research confirms strong satisfaction from travelers across the entire vacation rental category, as the vast majority of reviews on FlipKey are extremely positive. By taking advantage of every opportunity to collect reviews and following up with guests you will certainly see a much higher success rate!

(1) Compete.com

(2) FlipKey.com

(3) PhoCusWright

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April 09th, 2010

The Ultimate Spring Cleaning Guide (Part 2)

Spring CleaningAfter last week’s Spring Cleaning post, we asked the FlipKey team for their tidying tips, and the most common response was: “Hire a cleaning service!” There are some parts of a spring clean that you will have to do yourself (organizing your belongings and throwing out stuff that you don’t need anymore), but don’t be afraid to call in the professionals when you get to the scrubbing, dusting, and shampooing of a deep clean. It’s no sign of weakness to let the pros handle the serious grime while you focus on getting your rental ready for this season’s guests!

If you are going to take on the challenge independently, here are some tips to keep cleaning under control:

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April 01st, 2010

The Ultimate Spring Cleaning Guide (Part 1)

Spring CleaningIt’s the most wonderful time of the year. No, there’s no time warp bringing us back to December holiday celebrations. I’m talking about spring: longer days, warmer weather, and the ancient ritual of spring cleaning. If you own a vacation rental, then early April is a key time for revitalizing your home in preparation for the summer rental season (or for recovering from the winter rental season).

The annual rite of brooms, buckets, and bathroom cleaners can be daunting. But have no fear. If you approach spring cleaning with a good attitude and a strong action plan, then you can not only improve the look and feel of your property, but you can also make future cleaning easier and more productive. To get you started on the right foot, FlipKey presents the following spring cleaning strategy session…

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February 25th, 2010

From Worst Travel Nightmare to Dream Vacation

Coconut DomeToday, join us for the first part of a series in which we pursue vacation rental perfection by combing through thousands of FlipKey guest reviews to gain insight into the mind of the self-catering traveler. In this installment, we examine factors that worry and scare guests, and what can be done to put them at ease.

Although most of us go on vacation to relax, the planning process for any major trip invariably includes some stressful moments. For some travelers, the decision to stay in a vacation rental for the first time can be daunting; others worry about practical issues such as the size of a home, proximity to the beach, and nosy neighbors. We broke down reviews and found that travelers’ three main worries are safety, privacy, and noise. Here’s what the travelers are saying, and what owners and managers can do to help them achieve travel nirvana.

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January 05th, 2010

Learn Your Stars: Any Class of Property Can Earn 5-Star Reviews

In the world of travel, a scale of one to five stars is used nearly universally to indicate the type of service travelers can expect from a hotel. Vacation rental homes have no such implicit classification system. Star ratings on FlipKey and TripAdvisor, for example, reflect guests’ overall impression of their stay as opposed to advertising a property’s ability to meet predetermined criteria for each star.

Most of the time, travelers award stars in their reviews based on whether a vacation rental lives up to their expectations. Therefore, even the most basic rental property can earn a five-star review if it consistently delivers as advertised according to its description and price. Similarly, a one-star hotel could earn a five-star review online because it serves up everything expected of a three-star hotel. With that understanding of rankings and reviews, the key to earning great reviews is evaluating where your property falls on a scale of hospitality standards and then offering the appropriate services and amenities to the best of your abilities. To this end, the FlipKey blog presents its own five-star guide to vacation rental classification . . .
Five Star Reviews
One Star

A single star in the hotel world denotes little more than four walls, a roof, and a bed. The budget travelers who search for this type of basic lodging care more about travel activities and destinations than where they sleep. The same traveler who may ordinarily stay in a hostel or inexpensive guest house would also consider renting a simple one-room apartment if the price and location are right. To earn great reviews on a small apartment with minimal amenities, make sure that it is clean, safe, and economical. An urban studio that goes for less than $50/night could win high ratings for its price and convenience. Bonus points are awarded to rentals in this category located near points of interest or with easy access to public transportation.

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December 09th, 2009

Instilling Loyalty: One Vacation Rental Guest at a Time

‘Tis the season to eat, drink and be merry… So, while you’re decking the halls and spreading cheer, don’t forget to take a moment to tend to your vacation rental business and thank the past years’ guests. With a new year comes a frenzied season of inquiries, rentals, and of course, revenue! So, be sure to start the New Year off right by sending some holiday greetings to past guests.

Holiday_card

Sending holiday greetings and warm wishes is an excellent way to make an impression while reminding potential guests that your vacation home is a great place to spend a week. With so many possibilities for travelers to choose from these days, it is the small, personal touches like a holiday card that will make you and your property stand apart, especially if they had a pleasant stay their first time around.

Websites like shutterfly.com and modernpostcard.com allow you to custom create postcards and note cards, so you can put a dazzling photo of your home on the card to remind guests how inviting it is! Take a few moments to write out simple notes like “See you soon!” or “Wish you were here!” and your guests will really appreciate the gesture.

So get writing and spread the holiday cheer!

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