Sonia Hamouda and her husband Adam were struggling to sell their Sarasota home. With no promising buyers on the horizon and a house they were desperate to fill, the Hamoudas decided to look into vacation rentals.
After contacting a property management company in Sarasota, they started to feel a little hopeless. “They weren’t selling any insurance, they took about 18% of our cut, and they told me we would only get booked around 4 months out of the year.”
Sonia decided to do a little more research, and that’s when she came across Evolve.
“
“
Evolve is great in every respect. We were very nervous about starting with short-term rentals, but with your guidance and the help of our great Evolve service partner, Caroline, everything is working better than we could have imagined!”
Sonia & Adam Hamouda, Evolve Owners
Solution
Evolve provided everything the Hamoudas were looking for: their Core management plan only came with a 10% fee, and it included 24/7 guest support, a professional listing with broad marketing, and access to a vetted network of local service providers.
Their favorite part: the connection with Caroline, one of Evolve's trusted service providers who took care of on-site tasks like property walkthroughs, assisting guests in-residence, and stocking the property. "Caroline is vital to the whole operation," Sonia said. "She makes sure everything is running smoothly."
Equipped with the right team, Sonia and Adam were excited to see if their new venture into vacation rental would pay off.
Performance
Time with Evolve
8 MONTHS
Nights Booked
384
Total Bookings
85
Rental Income
$104,089
Results
After the local property manager in Sarasota told them that their home would get very few bookings, the Hamoudas had low expectations. Although they remained hopeful, they had no idea what to expect when their property went live in May of 2017.
“We assumed it would at least take a couple of months for our property to get bookings,” Sonia remarked, “But right off the bat it just started getting booked, and booked, and booked.”
In just 8 months, the Hamoudas have made over $100,000 from 85 bookings.
The Hamoudas couldn't be happier that they joined Evolve, saying: “Between moving away and trying vacation rental for the first time, we were very nervous. But with the team at Evolve and the help of Caroline, everything worked out so well!”
START EARNING MORE
Schedule a call with one of our vacation rental advisors to see if you qualify.
