Gulf Coast Management manages each property to the fullest extent working towards objectives of each property owner. We manage the rental year utilizing strategies developed to each season's charateristics. Our strategies achieve higher occupancy and incomes delivering on the financial objectives established. We work with property owners to develop property specific financial plans, agree on the strategies, and we then manage to the plan communicating results to owners.
Let Gulf Coast Management review your property, determine financial potential and how our services deliver results.
Traditional property management companies book as many days accross multiple properties to increase their earnings and attract as many customers as possible. Traditional management companies believe this delievers higher earnings for the property owner. This is NOT true since a management company is NOT managing occupancy rates of each property to the maximum each property's income potential. This results in significant lost rental days, increased discounts to fill unrentable days, and commoditizing a property's value by competing ONLY on price.
Property owners using traditional management company receive only 60% to 70% because management company commission's are 30% to 40%. Traditional management companies convince owners the management company burdens most of the risk and has the most to loose so they have the owners' best interest in mind. NOT TRUE. Property owners have the highest risks. Property owners have mortgages, liabilitiy, assets to protect and maintain, increasing HOA fees, maintenance costs, etc.
If property owners are attempting to generate cashflows from rental property to cover the property costs, traditional management companies are NOT effective.
Example: Renting Summer weeks less than a week causes 30% to 40% loss of income potential.
The property owner effect is worse, since property owners receive 60% to 70% after commssions. The property owner actually receives 36% to 42% instead of 60% (using a 60% to 70% occupancy and 40% management commission).
We succeed at what we do, which is rewarding in today's complex business environments. Some of our best successes is a result of embracing diversity, internally and externally. This approach produces innovative answers to clients’ questions, but it has another important benefit. Our personalized approach builds lasting relationships with our clients and colleagues—the relationships make Gulf Coast Management such a great place to work.
Our company is committed to the proposition that every business client and customer's needs are unique. As such, we leverage individualized creative solutions specially tailored to address the needs and concerns of our clients.