Scotts Valley, CA (PRWEB) May 31, 2006
Rent One Online, provider of innovative rental property management and vacation travel solutions, has created a more flexible membership program and announced the results of some recent investment analysis of their revenue sharing business model. Rent One Online now offers two membership levels:
- The “Platinum” (revenue sharing) Membership – where vacation property managers, resorts and real estate offices pay a nominal subscription fee of just $1 per property per month to use the powerful reservation and property management software. For membership at this level, Rent One Online customers agree to market a range of complementary insurance and travel services to vacation travelers; In turn, Rent One Online shares the referral fees and commissions with its customers. These services include travel insurance, damage deposit waivers, car rentals, airline tickets and activities.
- The “Gold” (software only) Membership – where Rent One Online customers pay a substantially higher upfront license fee to use the software and then pay an annual support fee for continued use of the software. In this model, much like the traditional software industry, they have access to world class software, but don’t share in the travel service revenues.
Based on existing customer performance, a five year investment analysis of participation in the Platinum Membership demonstrates that a rental manager with 50 properties would end up only investing $8,500 in Rent One Online services over five years while getting actual monetary returns of over $40,350, or a net return on investment of 375%. In other words, not only will Rent One Online literally be paying its customers to use its software, but also enable them to provide a level of service to vacation rental travelers that has never been seen in the industry before.
Not surprisingly, the vast majority of Rent One Online customers are opting for the Platinum level, revenue sharing membership. Kris Powers, owner of The Village Realtors in Carlsbad, CA (http://www.villagerealtors.net) is one such customer that sees tremendous value in the partnership with Rent One Online. “I recently left my previous vendor to join Rent One Online’s vacation rental travel network and in an extremely short amount of time they have provided me the opportunity of a lifetime. The web-based software not only satisfies my accounting needs, it has transformed my website into a real time booking portal where I am now able to serve my clients in a manner they were not accustomed to, but I desired.
Rent One Online has also transformed Kris’ business from rental property management to being a full service vacation travel provider. According to Kris, “With relatively little training, I am now able to help my clients’ travel needs by offering travel insurance and rental cars, and in the near future, even more vacation related services. There is no other choice for vacation rental managers as far as I am concerned. The Rent One Online vision is unsurpassed, not to mention that they are very helpful and friendly. I am literally making money using their software and they make me look fantastic from my clients’ point of view.”
About Rent One Online
Rent One Online provides rental property management and vacation travel solutions to vacation rental managers, real estate offices and resorts. Rent One Online’s web-based solution makes them more productive, better connected, and highly profitable. The Rent One Online mission is to create a partnership-based vacation rental travel network by bridging the gaps that exist between the vacation rental property market and the broader travel services industry. Rent One Online is a California Licensed Travel Agent: CST# 2076314-40. For more information visit http://www.RentOneOnline.com or call toll free - 888.879.8820.
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