The Peterson family has owned a third home in Vail for about 10 years. They rented to long-term tenants who have since moved away, leaving the home empty. Interested in the potential benefits of a short-term rental strategy, they reached out to Effortless Rental Group for advice in shifting rental strategies. After discussing the property and its location, as well as ERG’s experience in the industry, it became clear to the Petersons that a partnership with ERG would mean maximized revenue with minimized workload.
THIS VAIL PROPERTY IS EARNING
OVER $192,000 ANNUALLY
Proven Strategy. Guaranteed Success.
Effortless Rental Group helped in the transition to a short-term strategy, coordinating interior design and photography services to make the property listing stand out. They manage every part of the rental process, including turnaround for the next guests. The Petersons’ Vail property now has a 64% occupancy rate and is booked 233 days of the year. Utilizing the new short-term strategy, the property went from making $42,000 per year ($3,500 per month) to $192,000 per year. The Petersons are so pleased with this turnout that they are in the process of signing on their additional investment property with ERG.