From Startup to Sellout: Scaling and Selling a Property Management Empire

The Boostly Podcast

Mark Simpson

Marketing, Entrepreneurship, Business

5 • 1.4K Ratings

🗓️ 25 November 2024

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

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Summary

Welcome to Boostly Podcast Episode 754. stayfi.com/boostly Discount code: BOOSTLY https://www.hostfully.com/boostly/ In this episode of the Boostly podcast, host Liam speaks with Sasha, the owner of Norfolk Holiday Properties, about the journey of building a holiday property management agency. They discuss key strategies for starting, scaling, and eventually selling a management business, with valuable insights for hosts and property managers. Sasha shares his experiences of expanding his business from managing family-owned properties to a portfolio of 130 units, handling the challenges of standardizing operations, and ultimately selling the business to Host and Stay. He provides actionable advice on maintaining high-quality listings, avoiding client concentration, and ensuring solid contracts to make a property management business attractive to buyers. This conversation is packed with practical tips for anyone looking to grow and potentially sell their own hospitality management business. https://www.norfolkholidayproperties.co.uk/ https://Boostly.co.uk https://Boostly.co.uk/5steps https://instagram.com/boostlyuk https://Boostly.co.uk/podcast

Transcript

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0:00.0	Want to take control of your bookings and find some independence from Airbnb, meet StayFi, the game changer in guest data collection and marketing.
0:09.2	Now, Stafi being around for a while, I've talked about and lots, but let me just delve into a little bit more about what Stafi is and they does.
0:17.5	So remember the last time you went into a coffee shop and you wanted to use the Wi-Fi.
0:22.1	What did you have to do to get the Wi-Fi? You had to give him your email. Stay-Fi works
0:27.7	exactly like that, but for your short-term rental or your medium-term rental business. And the
0:33.0	beauty of it is that you don't just get the lead bookers details you get the whole party and this is
0:39.6	fantastic because of a stay of maybe four people coming at your property you've not just got
0:45.1	one email one piece of data you've got four and this is so important to boost in your
0:50.7	direct bookings is to build a solid database now after this day stay if i encourage you to boost in your direct bookings is to build a solid database now after this day stay stay fight
0:56.2	encourage you to keep in contact with your guests and they give you the tools to do so as well
1:01.7	they've got email they've got SMS you name it they've got it and it's all automated now i reached out to
1:08.4	stay five and i asked them what can you do for the boostly pe, what can you do for the Boosley peeps?
1:12.4	What can you do for the Boosley crowd?
1:14.3	And they have given us 50% off your first free months.
1:18.4	Now, that's an exclusive.
1:19.8	Now, to do that, you need to go to stayfi.com forward slash Boostly, B-O-O-O-S-T-L-Y. Stay-Fi is S-A-Y-F-I-I-O-F-I.
1:29.3	When you're signing up, you've got to put the discount code in Boostly, B-O-O-O-S-T-L-Y.
1:33.8	Then you get 50% off your first free months.
1:36.5	Out of every vendor, every supplier, everybody that we have recommended over the years, the ones that everybody comes back to me with and saying
1:44.6	that was the one, it was StayFi. I'm a massive fan of them and I'm so happy that they've
1:50.5	agreed to sponsor and partner with this podcast and this show. And now it's time for you to read
1:55.9	the benefits. Go to stayfi.com for slash boostly. Use the discount code Boosley, and you get 50% off for your first
	...

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