Navigating VRBO's New Policy with Short Term Shop Agents: What Vacation Rental Sellers Need to Know

In this episode of The Short Term Show, we dive into the recent policy changes from Vrbo regarding the sale of vacation rental properties. As we discuss the implications of these new rules, Avery is joined by experienced agents from The Short Term Shop: Natalie Walthour, Jay Lawrence, and Stacey Lancaster. We start by highlighting the key points of Vrbo's new policy, which requires sellers to block their calendars and notify travelers of upcoming reservations when listing their properties for sale. We touch on the complexities of transferring future bookings to new owners, including the legal obligations that may arise if the new owner intends to use the property differently. Jay shares insights from his experience in Western North Carolina, where state laws require honoring bookings for a certain period after closing. We also discuss the challenges of managing future bookings and the importance of clear communication between buyers and sellers.

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For more information on how to get into short term rentals, read Avery’s Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties

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