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Web site brokers
vacation rentals WeNeedaVacation.com
has expanded into the Suncoast market, helping home owners find
renters DANA
SANCHEZ Herald Staff
Writer
MANATEE - After six years of honing
their skills in the Cape Cod area, the owners of an online vacation
rental company chose the west coast of Florida to expand their
business.
The market is wide open in Florida, despite more competition than
up north, said Jeff Talmadge, owner of WeNeedaVacation.com.
When Jeff and Joan Talmadge tried to plan a trip to Florida a
year ago, the couple had a difficult time finding availability.
"None of the Web sites had updated information," Talmadge
said.
Noticing that Florida was the most requested destination for
their Massachusetts clients, the couple decided the time was right
to grow their business.
"We were always tempted with the notion: Would this migrate?"
Talmadge said. "There's quite a synergy between New England and
Florida."
Keeping the calendar updated is the responsibility of
subscribers. The feature is convenient for vacation seekers and
keeps them loyal, Talmadge said.
"We're more work than some of the other sites," Talmadge said.
"If the calendar gets stale, we can kick them off."
With 270 listings in Florida, Talmadge acknowledges it's only a
fraction of the existing business.
"There seems to be a lot of growth and no saturation," he
said.
Evan Batoff, a Tampa real estate attorney, owns a condominium in
Holmes Beach. One block from the ocean, his vacation property
commands $900 a week or $3,000 a month.
Living only an hour away, Batoff and his wife use the property
heavily, occupying it many weekends. During the winter months, they
rent it out.
Batoff would prefer not to handle the rentals himself but said he
sometimes needs a secondary source of rental income. His primary
source is a Realtor who manages property.
"I'd prefer not to mess with it myself," Batoff said. "We need to
try and fill it sometimes in the winter when the Realtor fails.
After the first of the year, I was able to fill my open dates so it
has been successful."
Batoff heard about WeNeedaVacation.com from a flier he received
in the mail.
"It's the only site I've looked at," he said. "It's good
marketing on their part."
WeNeedaVacation.com charges $192 a year for a Web page and four
photos. Two-month and six-month trial options are also
available.
Traditional property managers typically earn 15 percent on
seasonal rentals.
The market can bear a company like the Talmadge's, said Ken
Jackson, owner of Green Real Estate in Anna Maria. He predicts the
service will appeal to buyers who bought property in the last five
years and want to save money.
Jackson sells property management and real estate, relying on
renters who return and send referrals.
With real estate costing more and the stakes going higher,
Jackson advises property owners to know who they're renting to.
"You can look at a photo on a Web site, then get the advice of
someone you've known for 15 years," Jackson said.
David Grace, a Web site designer in Lakewood Ranch, advises
property owners who go the self-management route to ask the
companies they're dealing with for statistics on how many people
visit the site, and where they're coming from.
"There's a lot of companies that tell you they'll drive traffic
to you," Grace said. "Make sure you can track their usefulness. Then
you won't overspend."
WENEEDAVACATION.COM
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