How to Use TenantWIZ to Launch your own Vacation Rental Listings Service
Starting up a vacation rental listing service doesn't have to be that difficult or that costly. By utilizing the TenantWIZ Vacation Rental Software and Property Management Software system, you can quickly & easily utilize an array of online features to configure a vacation rental listing service without all the hefty costs of involved with custom development.Many people think of TenantWIZ as just a property management software system, but yet, it comes full of features that allow you to build a vacation rental listing service. Similar to the likes of popular listing services VRBO, Homeaway and GreatRentals, building a viable service that can compete with these larger services is now cost-effective with TenantWIZ.
How to Configure TenantWIZ as a Listing Service
To configure you TenantWIZ Vacation Rental Software system as a Vacation Rental Listing service, simply modify a few of the settings located in the system settings section of the software. The system settings section contains critical settings regarding the overall operation of your store, some of which are related to permissions granted to owners in the system.
Recommended settings for running a Vacation Rental Listing service:
Owners can add/update Properties?
This setting is the most important one. It will allow owners to actually add and update their own properties after they've purchased a listing from you. In addition to adding & updating their properties, they will also be able to add & update special offers and blackout dates on their properties as well.
Owners can see Renter Details on Invoices?
Allowing owners to see renter details would only be a setting you would want to turn on if you weren't providing property management services. As a pure vacation rental listing service, you'll want owners to see the renters' details so that they can follow up with owners when receiving reservations for their properties.
Owners can see Pricing Details on Invoices?
Akin to seeing renters' details you'll want to make sure that owner's can also see pricing details when running a vacation rental listing service. This option simply allows owners to see the price for which the reservations were entered into the system for. As a traditional property management service, some property managers don't want owners seeing just how much they're making.
Owners can Confirm their own Reservations?
If you decide to run reservations through your system to allow owners to take bookings through your Vacation Rental Listing service, this setting will allow the owners to confirm their own bookings. In the traditional settings as a pure vacation rental management company, most don't want owners confirming their own reservations as it would take away administration control from the property management company. However, as a vacation rental listing service, you want to put as much power into the hands of the owner as you can so as to automate tasks you wuold generally have to do manually.
Allow Renters to Place Reservations Online?
One of the most important considerations you'll have to make as a vacation rental listing service is whether or not to allow the placement of reservations online while running a vacation rental listing service. There are several pros and cons to whether or not you would want to enable this feature or not with your TenantWIZ Vacation Rental Software driven Website. Allowing reservations could also mean that you would increase your revenue since you can charge a fixed percentage for all reservations that run through your system, yet at the same time you would need to bear the brunt of processing payments if you chose to do so real-time.
Property Listing Prices
If you're going to run a vacation rental listing service using TenantWIZ Vacation Rental Software then the most important feature are the property listing prices. This is located in the system settings section in the Main Menu Administration. Upon adding property listing prices, an owner will be able to purchase a listing and setup his own property, rates, blackout dates & special offers within his account. To enable an owner to register on his own, simply link him to: http://www.mydomain.com/tenantwiz/store/ownerRegister.asp
Labels: greatrentals, homeaway, how to start a vacation rental listing service, vacation rental listings, vacation rental software, vrbo

