Office Space Expenses

$0

$7,000

Employee & Freelancer Expenses

$150

$250

Website Costs

$223

$7,015

Business Formation Fees

$600

$4,700

Software Expenses

$162

$2,894

Advertising & Marketing Costs

$0

$1,400

Total Startup Costs

$1,135

$23,259

Airbnb

airbnb.com

317

HomeToGo

hometogo.com

34,564

Proper Insurance®

proper.insure

149,175

Viviun the Leader in International Property Listings

viviun.com

274,424

BuildUp Bookings

buildupbookings.com

384,031

Beach House Vacation Rentals and Real Estate for Sale BeachHouse.com

beachhouse.com

442,297

Darwin Homes

darwinhomes.com

463,137

Island Getaway Rentals, Hilton Head

islandgetaway.com

727,470

Topsail Island Homes, Condos, Vacation Rentals

topsail-realty.com

857,376

LaCure Villas

lacurevillas.com

915,986

North Myrtle Beach Vacation Rentals

elliottbeachrentals.com

932,716

Flexibility

You can put as much time into the business as you'd like. If you like the work and have some initial experience, you can start small and manage all aspects of the business on your own.

Ability to start your business from home

It's not necessary to have a physical storefront or office space to get your business started. You can do everything from the comfort of your own home, at least in the beginning!

Little startup costs required

The cost to start a vacation property rental agent business costs significantly less money than most businesses, ranging anywhere from 2,444 to 23,259.

Rewarding work

Starting a vacation property rental agent business can be really rewarding work. After all, you are solving an immediate issue for your customer and you're working on something you truly care about.

Scalable

With businesses and processes changing daily, there will always be demand for new features, products and services for your business. Additionally, there are several different business models and pricing tiers you can implement that will allow you to reach all types of customers.

No overhead costs

To get your vacation property rental agent business started, there are no costs associated with overhead, storage, packaging, etc. This will save you a lot of time and money!

Crowded Space

Competition is high when it comes to your vacation property rental agent business, so it's important that you spend a good amount of time analyzing the market and understanding where the demand lies.

Longer Sales Process

A vacation property rental agent business can be a big time and money investment for your customer, so it's important you plan and predict a longer conversion funnel and stay in communication with potential customers.

Work can be inconsistent

As a vacation property rental agent business, the amount of work assigned to you and schedule tends to be more inconsistent, which may make your income less stable. It's important to set boundaries and budget accordingly based on the amount of work you plan to have.

Lack of benefits

With a vacation property rental agent business, you are typically self-employed and responsible for finding your own insurance, which can be quite costly and time-consuming.

Isolation

Often times, as a vacation property rental agent business, you typically work alone and do not have much face-to-face interaction with other team members.

Taxes

As a vacation property rental agent business, you typically pay self-employment taxes which can be quite high. It's important to understand what you will be paying in taxes each year so you can determine if the work you're taking on is worth it.