Vacation Rental Property Management (PM)

Overview

We've designed a vacation property management system that allows you to calculate commission and generate monthly statements for your owners in a way that is clean, fast and built directly into the current booking system you already use. Whether you manage a vacation home, condo, cabin, or any other type of investment property, you can manage it with OwnerRez.

Our property management system follows the trust/escrow accounting model where it is assumed that you are collecting payments from guests as "rents in trust" in a separate escrow bank account. We then provide "payouts" statements, for both the owner and the vacation rental property manager (you!), ensuring that money is moved from escrow to the rightful party at periodic times.

Revenue Management: Statements & Payouts

Inside the vacation rental management software you can generate Property Owner and PM statements. These are perfect for the periodic (eg. monthly) reports you send to the owner, showing the owner's revenue and expenses. PM statements are the reports you provide to yourself, showing your earnings and reimbursed expenses.

Expenses

Record expenses for items you paid for that the owner will reimburse. You can attach files to a recorded expense to save things like screenshots of physical receipts, ensuring transparency in your day-to-day operations as a vacation rental management company.

Reports

OwnerRez offers a wide variety of reports, which are able to cover most situations where you'd want to extract data that has been collected. And, the vast majority of these reports can be exported to Excel and/or CSV files, allowing you to perform your own research with the data. This feature is essential for property management companies that need detailed insights into their vacation rental properties.

Portal Access for Vacation Rentals

The Property Management module includes a user portal where you can grant access to owners, cleaners, maintenance staff, and vacation rental managers to view availability calendars and perform actions like blocking off time or viewing owner statements. Each user gets a separate login, ensuring secure access to your management tools. You can configure access to one or more properties, making it easy to manage multiple rental properties and facilitate communication among your team.

Whether you manage vacation homes in one state like Florida, across the country, or even across the world, our system helps streamline the entire process for property managers, from onboarding a new owner to maintenance issues. With our system and support staff's expertise, you can protect your investment and maximize profits, ensuring a smooth experience for both guests and property owners alike.