Thinking of renting out your home for the holidays? Here's what you need to know
Renting out your home for the holidays could be another way to bit to make extra money while you are travelling and it also may keep it safe from burglars.
But before you hand over your keys you might want to note a few tips so that you don't end up regretting the decision.
CapeTalk's John Maytham speaks to James Woolley, founder and director at TotalStay for some do's and don'ts when renting out your home.
There is little risk if you are using the right platforms and right partners.James Woolley, founder and director at TotalStay
The risk that we find is that people would want to throw parties or bachelor parties.James Woolley, founder and director at TotalStay
But he says the staff is well versed in picking up these red flags. The bookings are often last minute and have factual discrepancies, he says.
TotalStay helps property owners by actively market the property through over 200 local and international partners.
Woolley says its staff is trained to do rigorous vetting to ensure that they let the right people rent your home.
We have a number of checks that we do and nothing falls through the crack.James Woolley, founder and director at TotalStay
To hear tips from James Woolley, listen below: