Frequently Asked Questions
What do I need to do to make my unit available for rent?
Each resort has its own process for reserving your unit. As the owner, you’ll typically need to reserve it as if you were planning to use it yourself. Once you’ve found a tenant, your resort will likely require a reservation change or Guest Certificate, which replaces your name with the guest’s. Most resorts charge a modest fee for this change.
When should I start looking for a tenant?
Most vacationers begin planning 3–4 months in advance, so it’s best to list your unit early. The more time you give yourself to advertise, the better your chances of finding a reliable tenant at your desired price.
How much should I charge for rent?
The rental price is entirely up to you. If your rental date is several months away, you may be able to ask for a higher rate. If the date is approaching soon, you might need to be more flexible to attract a tenant. A good guideline is to use your annual maintenance fee as a baseline for setting your rental price.
How do I collect rent from my tenant?
We do not handle rental payments. You’ll receive funds directly from the tenant. Depending on how far out the rental date is, you may want to request a deposit upfront. If the check-in date is within one or two months, we suggest collecting the full rental amount in advance to secure your tenant. For safety, we recommend payment by cashier’s check, certified check, or wire transfer.
How does a wire transfer work?
A wire transfer can be completed through your bank. Your bank will provide you with transfer instructions that you can share with your tenant. This is one of the most secure and reliable payment methods and typically clears within a few hours. Banks may charge a small fee to receive incoming wire transfers.