Welcome to Myrtle Beach Property Management
Myrtle Beach Property Management is here to help you with your property management needs. We have over 20 years of hospitality experience in serving the needs of North Myrtle Beach, Myrtle Beach, Carolina Forest and the greater Grand Strand area homeowners. We strive to understand your needs and to provide you with excellent property management services. We heavily focus on marketing and promoting your property, so that you gain the greatest amount of rental income possible. We believe that teamwork is the most important part of any homeowner/property management relationship. We work with the best professional cleaners, maintenance supervisors and rental associates; who all work hard to meet your every need.
For your convenience we offer free consulting and rental guides to help you answer all those questions that need answered before signing an agreement with a property management company like Southern Coast Vacations. We understand that it is important to know all of the facts up front, so there are no surprises. We promise to provide you with detailed information regarding your home, town home or condo rental status at any time-and will happily answer any questions you may have. Please look through our rental programs; then contact us or call us at Southern Coast Vacations 1-800-978-4988 for more information on hiring us as your property management team today!
Southern Coast Golf Vacations
Myrtle Beach Property Management and Southern Coast Vacations has started development of their new golf vacation website. Southern Coast Golf Vacations will have a complete detailed breakdown of all the local Grand Strand golf courses as well as the latest news and events about the Myrtle Beach golf industry.
Family values and quality properties are what will set Southern Coast Golf Vacations apart from other companies. Website is currently under development.
Vacation Rental Commission Rates
If you are a homeowner that is renting your property through an on site or off site management company then you know how a commission structure works. Companies take a percentage of your rent for managing your property.
What you might not realize is the wide variety of commission structures that exist along the Grand Strand. Commissions may range from 10% to 50% depending on location, size and amenities of the property. Some companies may negotiate a large income producing ocean front house for as low 10%- 20%. This is fairly common in the North Myrtle Beach area due to the competitive off site management companies. My company is included in the list, Southern Coast Vacations. Call me if you have questions or need a management company. =)
North Myrtle Beach has a wonderful reputation for a family beach with incredible private oceanfront homes. Though the real estate market and skyline has been changing over the past few years, you can still negotiate a very competitive commission structure. Please remember you get what you pay for. The lower the commission structure the less the company will have to market and promote your property.
In the Myrtle Beach area commission structures average 40%-50%. Yep..that’s up to half your rental income earned on your unit. Crazy! But guess what? It’s the standard for onsite rental companies. The big resorts generally maintain higher commissions plus some resort fees, so be careful, don’t think your locked into using them. Your HOA dues cover the costs on most of those great amenities. What you are really paying for is that 24 hour front desk, housekeeping and maintenance. Don’t fret though, you have viable alternatives. Did I mention that I own a management company? =)
Realistically as a property owner you should able to find a offsite management company to handle your property in the Myrtle Beach area for 20%-35%. In 2010 my company standard is 25% but depending on the size, amenities and location this is negotiable.
Hopefully you have found this article helpful, and it will save you some money. Remember their are many options, you just have to know where to look.
New Vacation Policies
Southern Coast Vacations is getting ready for a busy rental season and we have made some changes that we feel will benefit the homeowner as well as the guests. Please take the time to read over the changes that we have made as they will affect those homeowners who take an active role in booking their own properties and who use their property occasionally.
1. Linens- We have found that with the economy being down and the cost of linens increasing, that the majority of our competitors are giving their guests the option to bring their own sheets and towels. With the exception of a few luxury properties, we have decided to give our guests the same option. The guests may choose to bring their own sheets and towels or they may have them provided for $25.00 a bed. If they choose to have them provided they will get a set of sheets and 4 sets of towels per bed (2 sets for twin). We will provide at no extra cost to the guest the linen package for the sleeper sofa as long as they let us know that they will be using it. To assure the guests that the sheets have been changed, we will be placing the plastic wrapped sheets on the bottom of the beds. Homeowners who are planning on using their properties for themselves or guests will need to let us know if they will be bringing their own linens or if they will need them provided. The price will be the same as a guest charge, $25.00 a bed. If a homeowner needs to have the linen package provided they will need to let us know 48 hrs in advance what beds they will need the package provided for.
Example: Property has 4 queens and 1 king. Homeowner may request a linen package for the king bed only.
2. Piece of Mind Insurance-We are adding a mandatory piece of mind insurance fee of $35.00 to every guest reservation that we book. The fee will cover up to $1,000.00 in accidental damages as long as it is reported at the time it occurs. The fee will not cover damages caused by willful intent or malicious intent. The fee is non-refundable.
In the past, we have billed guest’s credit card for damages, but have found that guests were disputing the charges and that the credit card companies were allowing the dispute on smaller charges where we could not prove that a lamp, etc. was broken.
The fee will benefit the homeowner as they will not be taking money out of their own pocket to replace broken items caused by accidents.
3. Processing/Reservation Fee- We have raised our reservation fee from $40.00 to $50.00. This fee helps cover the administrative cost of the booking. We ask that homeowners who take an active role in booking their properties charge the reservation fee when quoting prices if we collect the money from the guest and send them their confirmation letters.
Please let me know if you have any questions or concerns on our new policies. I know that it is a big change but I truly feel that they will benefit both the guests and the homeowners.
Thank you,
Debbie Sapp
Property Mgr-Vacations Manager
Southern Coast Vacations
