Craigslist scams in the vacation rental industry seem to be at a high, so more and more short-term property renters are turning to more trustworthy resources for their getaways.

Are you set up for success in 2016? Join 2,500 real estate industry leaders Aug. 4-7, 2015, at Inman Connect in San Francisco. Get Connected with the people and ideas that will inspire you and take your business to new heights. Register today and save $100 with code Readers.


Takeaways:

  • Rental Retreat is a new short-term rental database from RealTimeRental.
  • Rental Retreat was designed for real estate and property management companies.
  • So far, the average booking price is $2,780.

Craigslist scams in the short-term rental industry seem to be at a high, so more and more short-term renters are turning to trustworthy resources for their getaways.

RealTimeRental’s newest short-term rental database, Rental Retreat, serves as a go-to source for vacation home renters and property managers.

Rental Retreat is host to more than 50,000 rental properties that are updated in real time to make sure that travelers can view what’s really available and that property managers have the highest probability of finding a short-term tenant.

The company plans to work with social media consultants, developers and SEO specialists to increase the site’s visibility and compete with the other vacation rental websites that have an established user base.

Courtesy of RentalRetreat

Courtesy of Rental Retreat

“Rental Retreat was designed with real estate and property management companies in mind. We wanted to make a simple, easy and affordable way for professionals in the vacation rental market to increase the online presence of their rental properties,” said Sherry Tomasso, co-founder of RealTimeRental vacation rental software, in a statement.

Before Rental Retreat, the folks behind the website have been in the business for about 14 years with RealTimeRental. As one of the first Web-based, short-term property rental websites, the founders have a good foundation of what it takes to create a successful brand from the perspective of both renters and property managers.

RealTimeRental has roughly 6,013 daily users and more than 200 clients. Throughout the history of the website, there have been more than 2 million total bookings and nearly 273,000 in 2015.

With Rental Retreat so far, the average booking price is $2,780. Tomasso also reported that the lead conversion rate is above the industry standard at 29 percent.

Currently, not all states in the country are covered, but major vacation property rental states like Arizona, California, Florida and Hawaii are included. Some areas of Costa Rica and Mexico are also featured on the website.

Email Kimberly Manning.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
The best event in real estate kicks off next week! Tickets are selling quickly.Register Now×
Limited time: Get 30 days of Inman Select for $5.SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription