LIGHTNING RELEASES 07/29/14 — (Clearwater Beach, FL) – Teeming Vacation Rentals (TeemingVR.com) just celebrated its first year in business and already has more than 100 properties under management in the St. Pete/Clearwater area. Additionally, the Company has expanded to the Panama City Beach market as well as to St. Augustine/Flagler Beaches. To date, they have had over $2.6 million in bookings and with over 40,000 guest inquiries, it is clear they are filling a niche in the market, not only for visitors, but for vacation rental property owners as well. Additionally, they have just signed a two-year deal leasing 22 units at The Palm at Treasure Island to Global Connections, a travel club supplier.
“We switched to St.PeteClearwaterVacationRentals.com and as a result have seen a significant investment return on our unit,” commented Peter O’Flynn, an owner and client of TeemingVR. “As overseas owners, we were keen to have an agent that would look after our unit in a way that would offer a complete service with as little hassle as possible. TeemingVR took us under their wing, refurbished our unit in record time, and brought in, even in low season, an impressive number of new clients. Their website offers constantly updated and a fully transparent view of bookings and cash flow from renters, and they set us up quickly on sites such as VRBO, etc. Nothing seems to be too much trouble for Jeff and his courtesy and efficiency is outstanding. Our bottom line reflects their efforts.”
Jeff and Gina Paglialonga founded TeemingVR as condo owners and avid travelers themselves. TeemingVR’s motto as vacation rental managers is “By Owners for Owners.” They knew first hand that there needed to be a better way to increase rental revenue, while also providing great service to owners and guests. Jeff’s background as the top salesman for one of the largest publicly traded insurance companies, combined with his experience having launched real estate and renovation companies and numerous marketing efforts, all came together in one package in the founding of TeemingVR. By combining those skills, as well as his natural tendency to think boldly and break through barriers, Jeff and Gina charted a new course in the property management industry and are providing innovative solutions for owners.
With a record-breaking year for Florida tourism and with a large part of that growth coming from overseas travelers, capitalizing on potential rentals through the internet is crucial for owners’ success. The average annual number of inquiries for most online ads is around 350. Being a part of the TeemingVR network has given individual owners the exposure of over 40,000 inquiries since their start. The company’s approach to managing vacation properties was to drive more revenue to owners by tapping into the collective advertising power of their network and gaining a market-busting visibility that would attract an astronomical amount of potential guests. The 5 Property Approach they implemented consists of Property Care, Account Services, Availability, Technology and Marketing.
Statistics show that guests are 22 times more likely to book if they get a response within 5 minutes of when they inquire. TeemingVR utilizes an automated intuitive response system to help achieve that aggressive response time. Some of their specialties include 24-hour online booking and owner access, expert advice in affordable updates to your property, turnkey services (they handle everything), and capitalizing on the massive exposure of their network marketing which includes all leads from major sites such as VRBO, FlipKey, HomeAway, etc. and their customized Automated Inquiry Reply Software. (See their 5 Property Approach in detail at their List Your Unit tab on www.TeemingVR.com )
“It has been so encouraging as we continue to hear from owners that we have brought something to the rental market which had been greatly needed,” commented Gina Paglialonga. “Often, we found that traditional vacation rental companies had not grown and changed as the market had developed. Our difference is that we understand today’s renters, how to reach them, and how to keep them happy from our initial contact with them until the time they return the keys. Having been owners of multiple condos ourselves, we understand things that concern property owners and operate from that perspective. We also know how busy owners are with their own day-to-day lives, and therefore our goal has always been to make renting their property as worry free as possible while maximizing rental income. Most property owners are not wanting their 2nd home to become a 2nd job!”
About Teeming Vacation Rentals:
Teeming Vacation Rentals was founded in the spring of 2013 by Jeff and Gina Paglialonga. Prior to that, Jeff had co-founded a successful management company on the East Coast of Florida. After almost 5 years of ownership, Jeff grew the company from scratch to over 125 properties accommodating over 2000 guest reservations in 2012 (the largest vacation rental management company in the market area). Jeff and Gina set their sites on the St.Pete Beach Clearwater area, realizing the market had the same need for sophisticated, technologically based management, and decided to launch what is quickly becoming one of the fastest growing companies in the sector. They have since expanded to Panama City Beach and to the St Augustine/Flagler Beach areas. Their company was founded with the goal of building long-term relationships with both quests and property owners by being committed to excellence, and by continually assessing their processes and strategies. Jeff is currently an Executive Board Member of the Florida Vacation Rental Management Association (FVRMA) and concentrates on protecting owner’s property rights. He is heavily involved in communication with the state legislature and their governing authorities. Additionally, they have just released an eBook titled, “Revive Your Property, Recharge Your Revenue”.