Renting Your Home With PenFed Realty

Renting Your HomeDo You Want To Maximize The Potential Of Your Rental Investment?

List your investment property with Berkshire Hathaway HomeServices PenFed Realty and we'll show you how!

Owner's Advantages

  • Customer service is our top priority!
  • Thorough knowledge of the resort market
  • Fully staffed offices open 7 days per week, year-round, in highly visible locations in Lewes, Rehoboth Beach and Bethany Beach
  • All property showings attended by a licensed rental agent
  • Full-time managers dedicated to owner satisfaction!
  • Constant communication with the owner, keeping them abreast of all situations
  • We coordinate the cleaning schedules and maintenance
  • Well-established relationships with maintenance vendors
  • Multiple booking options throughout the year
  • "Off" season rental program
  • Thorough analysis of your investment property in determining rental rates
  • All major credit cards accepted for Guest convenience
  • Owner Portal:  Property owners have 24-hour access to view reservations, calendars, statements and reserve owner weeks

Accounting Procedures

  • We collect 50% of the rental with the License Agreement. Money is promptly disbursed to Owners, less our fee for the gross rental amount.
  • Balances on License Agreements due 30 days prior to check-in. Money is disbursed to Owners after check-out.
  • ACH Direct Deposits available
  • Our accounting system can handle multiple owners and partnerships
  • Handling of Municipal Taxes
  • Monthly statements mailed/e-mailed to Owners and available On-Line
  • 1099 distributed after the end of the year
  • Maintenance expenses paid through the Owners account
  • Typical Owner Expenses:
    • All Utilities
    • Applicable Licenses and Permits
    • Weekly Cleaning Charges (Guest pays for cleaning on stays of less than 7-days)
    • All Maintenance Charges
    • Management Commission Fee

Website Features

  • State-Of-The-Art Internet Rental Website
  • On-Line Booking, available 24 hours per day/7 days per week, which captures reservations even when our office is closed
  • Increased number of interior/exterior photos
  • Bed-Type Charts showing bed sizes for each room in the home
  • Optional Travel Insurance and Linen Rental Program available to Guests, making our properties more attractive than the competition
  • On-line directory of activities, dining, golf, etc.
  • On-line Google property mapping feature
  • Full Social Networking integration
  • Mobile-formatted website designed to allow prospects to view information on their mobile phones

Marketing Program

  • Continuous contact with our database of over 40,000 potential guests
  • We aggressively market our company name through numerous mediums to maintain our image as a leader in resort area sales and rentals:
    • Our company ads appear regularly in the Cape Gazette, Coastal Point, and Delaware Beach Life.
    • Our presence is boldly displayed in the Lewes, Rehoboth Beach and Bethany Beach Chamber of Commerce Visitor Guides and many other resort publications, special events and venues.
  • Professional Photography offered at reduced rates
  • Integrated VRBO program offered
  • Digital marketing program featuring social media advertising and retargeting campaign
  • We are strong and visible financial supporters of many worthy organizations in the resort area.
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