(Clearwater Beach, FL) – Teeming Vacation Rentals just celebrated its first year in business and already has more than 100 properties under management in the St. Pete/Clearwater area and has recently expanded to Panama City Beach and St. Augustine/Flagler Beaches.
To date, they have had over $2.6 million in bookings, over 40,000 guest inquiries, and have just signed a two-year deal leasing 22 units at The Palm at Treasure Island to Global Connections, a travel club supplier.
“We switched to St.PeteClearwaterVacationRentals.com and as a result have seen a significant investment return on our unit,” commented Peter O’Flynn, an owner and client of TeemingVR. “As overseas owners, we were keen to have an agent that would look after our unit in a way that would offer a complete service with as little hassle as possible. TeemingVR took us under their wing, refurbished our unit in record time, and brought in, even in low season, an impressive number of new clients. Their website offers constantly updated and a fully transparent view of bookings and cash flow from renters, and they set us up quickly on sites such as VRBO, etc. Nothing seems to be too much trouble for Jeff and his courtesy and efficiency is outstanding. Our bottom line reflects their efforts.”
They knew first hand that there needed to be a better way to increase rental revenue, while also providing great service to owners and guests. Jeff’s background as the top salesman for one of the largest publicly traded insurance companies, combined with his experience having launched real estate and renovation companies and numerous marketing efforts, all came together in one package in the founding of TeemingVR.
The average annual number of inquiries for most online ads is around 350. Being a part of the TeemingVR network has given individual owners the exposure of over 40,000 inquiries since their start. The company’s approach to managing vacation properties was to drive more revenue to owners by tapping into the collective advertising power of their network and gaining a market-busting visibility that would attract an astronomical amount of potential guests.
The 5 Property Approach they implemented consists of Property Care, Account Services, Availability, Technology and Marketing.
Statistics show that guests are 22 times more likely to book if they get a response within 5 minutes of when they inquire. TeemingVR utilizes an automated response system to help achieve that aggressive response time. They also offer 24-hour online booking and owner access, advice in updates to your property, turnkey services and capitalizing on the massive exposure of their network marketing which includes all leads from major sites such as VRBO, FlipKey, HomeAway, etc. and their customized software.
“It has been so encouraging as we continue to hear from owners that we have brought something to the rental market which had been greatly needed,” commented Gina Paglialonga. “Often, we found that traditional vacation rental companies had not grown and changed as the market had developed. Our difference is that we understand today’s renters, how to reach them, and how to keep them happy from our initial contact with them until the time they return the keys. Having been owners of multiple condos ourselves, we understand things that concern property owners and operate from that perspective. We also know how busy owners are with their own day-to-day lives, and therefore our goal has always been to make renting their property as worry free as possible while maximizing rental income. Most property owners are not wanting their 2nd home to become a 2nd job!”