Flexi-letting offers you the opportunity to mix up short-term, mid-term and long term stays to optimise rental revenue for your property. This is our unique hybrid approach, setting us apart from other property managers and agencies. A flexi-letting approach enables us to maximise your rental return.
We take into consideration the 180- night limit implemented by the NSW letting legislation, but are in a position to shorten the minimum nights should there be a gap that needs to be filled. We also hike the peak rates in order to compensate for any shorter bookings. We couple this with a varying management fee depending on the length of stay in order to ensure you achieve the maximum rental yield.
Depending on the market we flip from short-term to long-term and vice versa. We work out the optimal rental plan depending on the time of year the property first becomes available. For instance, if the property became available in winter (May) we would fill the property with a long-term tenant for 6 months, to take us through to November. Then we would flip the property to short-term rentals between November – March (the busy peak and high-tariff seasons). Following this, we would assess the market for the property at the end of Jan/Feb in order to work out if we keep the property on a short-term or long-term rental strategy. Our dynamic pricing means flexi-letting is the cleverest choice for your rental strategy, as you should secure more rental income than with a traditional long-term tenant.
This is the hybrid we have in place to achieve maximum income for owners and 100% occupancy rates. Flexi-letting is a model where we ask owners to ‘leave it up to us’ to maximise their return. Flexi-letting suits an investment property that is available all year round.