Some of our property owners have more than doubled their profitability using Seven sisters Vacation Rentals. We recognize we have a role in enhancing the resale value of your investment home. How does Seven Sisters Vacation Rentals do this?
Great traveler reviews
Attentive to property detail
Efficient reservation procedures
A vacation rental is a furnished home or condo rented to travelers on a short term basis. Oftentimes vacation rentals are a great and affordable alternative to hotels for family vacations, reunions and group travel. Travelers repeatedly tell us our vacation rentals offer better value for location, and more amenities than hotel suites.
San Luis Obispo County (SLO Co.) and cities within SLO County have identified areas that are approved vacation rentals zones. Before purchasing a possible vacation rental home or establishing your property as a vacation rental, first speak with the SLO Co. Planning Department. If your property is not in a recognized vacation rental zone, it is possible to obtain a Special Use Permit through SLO Co.
Absolutely! Through our OwnerWeb portal owner’s can easily reserve their home for personal use and instantly view the reservation calendar.
Seven Sisters Vacation Rentals management fee is 18%. Our duties include: facilitating startup (licensing, web placement, supply stocking); handling traveler inquiries; coordinating housekeeping and maintenance; restocking supplies; and attending to guest needs during their stay.
Fees collected from a traveler include: vacation rental amount, housekeeping/laundry fee, Property Damage Insurance (PDP) fee, County/City Transient Occupancy Tax fee (TOT), refundable security deposit, and a transaction fee.
Vacation rentals less than 28 days in duration are required to collect a Transient Occupancy Tax (TOT). The rate is based upon property location (for example, Avila Beach is 11% - 9% to SLO County, plus 2% to City of Avila Beach). We collect and disburse TOT fees each month for your vacation rentals.
The traveler pays credit card fees for their reservation. Our property owners pay no credit card processing fees associated with a renter’s stay!
The first step is to have city and SLO County licensing in order. At your request, we will handle these filings. The initial business license and vacation rental license is typically less than $120.00, depending on the city where your property is located. Thereafter, there is an annual vacation business license renewal fee.
Monthly owner statements and payouts are available by the 10th of the month. Through our OwnerWeb portal, owners have access to current and past monthly statements, including a future booking forecast.
While no one expects to damage a rental property, accidents do happen. In addition to the refundable security deposit, each guest is required to purchase Property Damage Protection (PDP). PDP is a insurance product from Customized Service Administrators (CSA), and is an insurance product that allows travelers to protect themselves from additional expenses should damage occur to a rental property during their stay. Once purchased, travelers are protected for up to a maximum of $5,000 against accidental damage to the rental home. Depending on your property size and contents, property damage policies are available in $1500, $3000 or $5000 increments. Traveler's are also offered CSA's Travel Protection Insurance. Click here for Travel Protection and Property Damage Insurance description of coverage.
Leave the routine maintenance worries to us. Our maintenance team can handle most common maintenance requests otherwise a technician will be called upon. Through OwnerWeb, homeowners have access to work order requests, history and status. Non-emergency repairs in excess of $200.00 will be pre-approved before repair is ordered. Of course more significant maintenance items such as roofing leaks, major decorating are the owners responsibility.