How to Take Advantage of a Renters' Market
Friday, June 5th, 2009
The consumer market has spread to beach front rentals. These coveted locations have long been free of the threat of economy struggle. The prices along the beach were not just set in stone but vacationers have been expected to rent for longer terms during the peak season (full seven day period).Times are changing. Many Americans that have traditionally traveled to the beach have not booked for this year or have canceled plans that were already made. The troubles on Wall Street have spilled over to the beach front and even the snowbirds are canceling trips to the shores. Rental owners are now willing to deal.
There is one catch - very few are advertising this willingness. It will take a bargain savvy vacationer to snag the best deals. Haggling is not something that most Americans do naturally, but to get a deal on the beach front travelers will have to be willing to deal.
Most rental companies and rental owners are considering discounts as much as 20% even during the peak of the summer travel season. Rate reductions, specials and even shorter terms on the rentals are all negotiation leverage that vacationers have to use to get the cost of their trip down.
Some owners are also adding incentives to rentals to entice travelers in their direction. Gift certificates for use at local grocery stores or other businesses, free or discounted tickets to local attractions or even bikes to use while staying at the location are all incentives that rental owners hope will help bring vacation dollars their way. Other owners are taking a tip from the auto industry and offering deposit refunds to anyone that loses their job after booking.
Finding the best deal may take some time. Most rental companies are not advertising the discounts and travelers have to dig down to find the treasures along the beach front.
