Property Management

Full Property Management

Full upkeep, marketing, and management for short, medium, and long-term rentals

What's Included

Our Full Service Manager offering is designed to give you all the benefits of short term rentals without having to deal with the day-to-day operational hassle or learning how to maximize your earnings. We take care of the entire short term rental process including optimizing your property across booking platforms, managing the entire guest experience, performing cleaning between stays, and everything else. Starting with an initial consultation, we’ll advise you on the best use of space for your place to achieve the outcome you want. Our Listing Managers and Pricing Analysts will then create a carefully crafted listing on all of the major booking platforms (e.g. Airbnb, HomeAway, Booking.com, Expedia, VRBO) and set rates which are adjusted based on real time data. Once you get your first booking, the Stay Prosperous Guest Experience Team will get right to work handling communications, ensuring smooth check in / out, and being there in case your guests need anything. Our professional housekeepers will get the place ready before each guest and our network of maintenance partners are on call to ensure everything is in order. Prosperous Stays brings the service quality of a five star hotel right to your home.

Initial Consultation

The first step to Staying Prosperous is having a preliminary phone call consultation to discuss your goals, learn more about your property, and give you an overview of our service offering. By working with Prosperous Stays, you are putting a lot of trust in our team so it’s important that you feel comfortable with the entire process. Many of our clients have never worked with a short term rental management company before, so it’s only natural that you’ll have lots of questions. We’re here to spend as much time as it takes to answer them in detail.

Listing Development

Developing a perfect listing is both an art and a science. After we get a better understanding of your goals and your property, we’ll put together a listing strategy for each booking platform to attract your ideal guests. Every detail on your listings sends a message to prospective travellers and how that message is crafted can be the difference between good and great financial returns. The strength of our listing development is a result of years of analyzing patterns in guest preferences and making adjustments to achieve optimal search rankings, views, and conversions.

Listing Management

Building you a perfect listing is just the first step in the optimization process. The goal we set for every property is to rank your property on the top pages of the major booking platforms (e.g. Airbnb, Booking.com, HomeAway, Expedia). Our Listing Managers collaborate closely with our Pricing Analysts to continuously adjust booking settings on each platform (e.g. Airbnb, Booking.com HomeAway, Expedia) and get the perfect mix of reservations throughout the year. Each booking platform has strengths and weaknesses which need to be built on or taken into consideration. Leveraging the strengths while overcoming the weaknesses is what makes a listing perform at its maximum potential.

Price Optimization

We’ll come up with and execute on a dynamic pricing strategy for your property that allows you to get the most out of your place. A strong approach to pricing leverages historical data and real time information on local events, hotel room availability, flight data, conference schedules, and of course the short term rental market. Our Pricing Analysts adjust prices each day as new data comes in to ensure you sell at the highest rates possible. Many of our clients are pleasantly surprised at how much they are making and we believe our price optimization offering is one of the biggests reasons for their success.

Guest Screening

Effectively screening every person who enquires about staying in your property will result in higher quality guests. In the on-boarding phase we’ll learn more about your preferences for guest screening and our Listing Managers will use the settings on each platform to increase the likelihood of getting bookings from your ideal guest. The number one priority is ensuring everyone who stays takes great care of your place and respects the neighborhood as if it were their own. Our guest experience team is trained to politely ask guests more questions about the reason for their stay and assist them with ID verification process specific to the booking platform they are reserving through. Good guests are generally very understanding of the screening and ID verification process and we always let them know we appreciate it.

Personalized Updates

Transparency is a big reason why so many of our clients have chosen to tell their friends and family about us. You should always feel like you have a good grasp of what’s going on with your property and what specifically we’re doing to strive for better performance. We’ve found providing personalized monthly updates on your property’s performance, new things happening in the market, and projects we’re working on to continuously improve our service is a great way to strengthen our relationship with you. It’s normal to have questions and our host experience representatives are always available to chat with you about anything.

Check-In / Check-Out

Providing guests a seamless check-in / check out experience starts from the moment a guest inquires about your place. Learning more about their travel plans, providing clear directions, and adapting to their schedule is central to a smooth arrival. Our goal with every guest is to make them feel as though we will do everything we can to accommodate them. Guests love feeling like they can always ask a question and get a quick response, especially in time sensitive situations such as when they are about to get on a plane. Our global and local team members are always available to ensure check in / check out go well.

Professional Cleaning

To satisfy top guests, a property needs to have a professional housekeeping team that is focused on perfecting the turnover process. Getting top reviews on each platform requires housekeeping staff to have great attention to detail and to understand it’s about more than just having a spotless place. We train our entire team to view a place from the perspective of a guest who has high expectations. Every housekeeper knows to perform checks for damages, ensure replenishables are well stocked, and do an inventory count to make sure essential household items and back up sheets and towels are available for the guest. Sometimes people miss things, that’s why our in unit inspectors are there to double check that everything is in good order and the place is ready for guests.

Prosperous Stays Experience Management

When guests book a homestyle accommodation, what they’re truly looking for is a more authentic and unique experience that offers them a different perspective and gives them a place to call home. We know that by always going the extra step for your guests they’ll reward your listing with perfect reviews across all categories. Our goal with every client is to position their property to attract guests who are willing to pay more to assure themselves a perfect experience. That’s why we consistently provide a level of service that enables your listing on each platform to be a top performer. Whether it’s our 24/7 support team responding quickly to guest messages or our always available on the ground staff, the Prosperous Stays team is here to take care of your guests.

Guest Lockout Support

Guests need to be able to access your place at all hours of the day or night. While uncommon, sometimes situations like keys being misplaced or smart codes jamming do occur. We treat guest lockouts as extremely high priority and recognize that our response times need to be immediate in these rare circumstances. If a backup key is not readily available or there’s an issue with the lock, our on the ground staff will be happy deliver a spare key.

Home Restock

We know that in today’s world of short term rentals, guests expect all home replenishables to be there when they arrive. That’s why our Home Supply Team is carefully tracking the inventory of items such as soap, shampoo, tissue paper and other items so that your guests don’t run out while they are still on their trip. We also monitor household items such as light bulbs, towels, and linens so that we can replace them when the time is right. The strength of our home restock program is enabled by our modern inventory tracking tools which we’ve customized for short term rental management. Performing inventory checks after each guest stay and updating our system ensures we can consistently provide hotel level service for your guests.

Reliable Safety

Ring video-cameras are installed at the entrance of each unit, video monitoring 24/7.

Noise Detector devices are installed inside each unit, which sends an alert to our local on-site support staff if the noise exceeds a certain decibel level.

Smart Locks installed on each door, a new code is generated for each guest and old codes are deleted upon checkout.

In-House Cleaning Staff

Our entire cleaning staff is hired directly, we don’t outsource our cleaning to another company. This enables us to have the most quality control over our cleaning standards and maintain professional level cleanliness after each stay. Our staff is trained to focus on the most miniscule of details because we know how important cleanliness is for 5 Start Reviews. The cleanliness and upkeep of our units is crucial to our business and is directly correlated with our success.