How To School Holiday Rent My Cape Town Home- FAQs
Local Cape Town schools have a six-week break during December and January. For those who own a nice home in Cape Town, this is an opportunity to earn extra income by renting their property while the owner takes a break.
Many Cape Town “school holiday” owners want to rent their home but they don’t know-how. They think they will need to take care of it themselves. They also think it may be difficult to charge correct rates, so they are unsure about the best way to do this. But there is help! There are people with them.
You can read that it’s a difficult task to match the expectations of “school holiday” owners, and the impact of expecting guests (with a managing agent if you want to use one).
When managing an annually available Cape Town holiday home, feedback loops vary–the house becomes more guest-ready or foolproof. Owners also learn everything there is to know about their property. The same is not true for infrequent owners and thorough checks are required to ensure guests and owners are happy.
Why Keep A Management Kitty?is kept to cover management costs. We must correct an issue (maintenance, DSTV, electricity, gas, or other) when it occurs.
- A few owners tend to forget to pay their monthly accounts. When this happens you don’t want to let the guests suffer because the owner is asleep.
- Other times, maintenance is required, and getting money from the owner to pay or waiting for a booking to pay is not clever.
Note: Your Cash Flow statement is up to date 24/7 and shows you at any time what is in the kitty and what money is outstanding at any time.
Within 24 of a reservation, you’ll receive an email titled Confirmed Booking. We share the following reservation info:
- Name of guest
- Number of guests
- Amount to be paid to you.
And the CONFIRMED BOOKING may not be changed or canceled by the owner or CapeHolldays.
Depending on the BOOKING SITE’s T&Cs we may only receive the money one day after arrival.
Obviously, these bookings can be canceled; due to lack of payment or cancellations as per T&Cs.
How and when will I be paid?
One day after the arrival of the guests you get paid. The only thing to take note of is Tripadvisor and the sites it uses. Tripadvisor make guests pay in USA dollars. And only pay us 1 day after arrival. Due to exchange rate fluctuations, the amount paid may be slightly different from the one we quoted you – we quote you in rands at the time of the booking.