The Do's and Dont's with Florida Luxury Vacation Brokers
A vacation rental is not for sale to the guest and the owner of the vacation rental
merely allows the guest to rent the property for a predetermined length of time
for an agreed price.
It is common knowledge that, more often than not, Florida vacation rentals
are dealt with by recognized brokers who are members of the local Association of
Realtors. These vacation rental brokers make it a point to enroll as members
association of realtors principally to acquire some credibility and add status to
their profiles. The other advantage is they are assured of a flow of enquiries
though the association.
It is a fact that tourists who book vacation rentals beforehand consider it safe and
reliable to go through legitimate associations rather than individual brokers who
may not have much credentials. This apart, associations are resourceful because
they advertise regularly in the media and websites and reach the prospective
tourists and holidaymakers.
The expenses involved in advertisements and other publicity campaigns and the
resultant business are shared by all the members – making it a win-win situation
The general practice of the Florida vacation rental brokers is to enter into
agreements with property owners regarding rental rates and commissions
payable when tourists are sourced through them. When contacting tourists these
brokers use photographs of the exterior and interiors of the different properties
Once satisfied with the rates and the visuals, the intending tourists make
bookings well in advance ahead of the actual vacation dates and remit the initial
deposit. Advance reservation is very important because Florida is a much sought-
after tourist destination and all vacation rentals get taken up very fast.
Once the reservations are confirmed, Florida vacation rental brokers supply the
tourists with guide maps, the specific features of the rental property, the terms
and conditionals of the rentals and instructions about how to reach the property.
Some vacation rental brokers lure tourists with some last minute bargain offers
using all their marketing skills.
Vacation rental brokers may, in their over enthusiasm to procure business may
make all sorts of promises. Never believe all that the broker says without
reconfirming with the property owners.
You should be wary of broker if he offers you Florida vacation rentals at far
below market rates. It should be borne in mind that nothing that is truly of
quality will ever come cheap. So if rentals are offered at below market rates, you
should ascertain the real reason. The only acceptable reasons can be group
bookings or off-season rates.
Never sign the agreement without fully reading and satisfying with all the terms
and conditions that are in fine print as they may as well contain some hidden
costs, exorbitant cancellation fees, unreasonable compensation for damages or
certain other inconvenient clauses.
It is critically important that the broker or brokerage firm that you are dealing
with is licensed and a member of the local association of realtors. Please know
that unlike some stray individual brokers without recognition, the licensed broker
or licensed brokerage firms will have a large database of furnished/unfurnished
homes, condos, townhouses, apartments and villas for you to choose from.
Licensed Florida vacation rental brokers should be able to provide a wide range
of choice for tourists to choose from.
RESOURCE: Florida Luxury Villa