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The Summit Rental Program offers a magnitude of benefits such as

bullet No other large rental program allows owner rentals for such a low rate
bullet Front desk check-in and key control
bullet No panic calls from renters
bullet Linen and towels furnished and updated regularly
bullet In-house cleaning staff
bullet Laundry exchange daily
bullet Front Desk booking
bullet One-stop maintenance
bullet Greatly reduced fees from outside rental agencies that charge 30%  or more.
bullet In-house marketing programs
bullet On-line booking
bullet 5% bonus for referral bookings
bullet Check-in and check-out inspections.
bullet Many other benefits

 

Frequently asked Questions: 

  1. When will the on-line system be available? (most asked question)
    1. On line reservations are working.

 

  1. Is there a fee to join the program?   (second most asked question)
    1. Currently there is no fee to join. Please see Heather Graham to have your unit inspected.

 

  1. Who sets the rates for each season?
    1. The General manager and the rental committee will review what the competition charges and set appropriate rates for the Summit Rental Program.

 

  1. I have always rented my units and let Advisors give out keys and clean up for the cleaning fee. Can I still do that?
    1. The Summit rental Program is designed to rent units for the owner and collect fees to cover the cost of the program. The program is not designed to be a cleaning and linen service. should you rent your unit, and collect the money, there will be a 15% rack rate fee. Additionally should you simply refer renters to your unit and you will receive 5% discount on the normal commission. Should your unit be occupied and the renter placed in someone else's unit you will receive 5% bonus money for each completed rental.

 

  1. Is a Deep Clean Required?
    1. Yes, at least annually. The fee for deep cleaning is set each year.

 

  1. How will the referral program work?
    1. (SUMMARY) The unit owner will contact the rental desk with information from the renter. The referral will be placed in the owners unit and the owner will receive a referral confirmation number for their records. The commission will be lowered by 5% on the completed rental. Should the unit owner acquire another rental for the same week, the renter will be placed into another unit and 5% of the rental rate will be given to the referring owner for the completed rental. Every one wins.

     

  2. How can owners obtain the "prevailing rental rate schedule" for the program? 

        A.  Ask for a rate card at the front desk or log on to www.ReserveTheSummit.com.

     

  3. Do owners on the rental program receive preferential service when they request repair services from the Summit Maintenance Dept? 

         A.  No. The Summit Maintenance Department is available for all owners and is a separate entity from The Summit Rental. 

     

  4. How do I request work to be done on my condo by Summit Maintenance Department or outside services? 

         A.  Requests by owners for work to be performed on their condos must be made formally Through the Summit Rental Front Desk and a work order number assigned before work will be performed. Work will be performed according to the work order sequence first come first served with priority for emergencies such as water leaks, ETC. 

     

  5. Is there maid service available for guests? 

         A.  No. There is no traditional hotel type "Maid Service" service available at any time. Housekeeping is provided at the end of each stay to prepare the condo for subsequent guests to check in. Guests who book through the Agency may take advantage of linen and towel exchanges and obtain replacement toilet paper, soap and dishwasher detergent as needed during their stay.

     

  6. What services do I get for the commission paid? 

         A.  The following services will be completed or obtained for you.
    bulletMaintain business license from the state & local taxing authorities
    bulletMaintain a computerized reservation system
    bulletMaintain a staff of qualified and trained reservation specialists
    bulletMaintain a staff of reliable housekeepers
    bulletThat will guarantee that they will be there for each cleaning
    bulletThat will clean your linens ands towels to hotel standards
    bulletProvide/replace toilet paper, soap and dishwasher detergent
    bulletMost units are ready for check in at the agreed time  of 3:00 PM
    bulletBe accountable and clean to the agency’s standards.
    bulletInspect your condo for damage or missing items and report to you
    bulletCollect and refund customer deposits
    bulletMake every effort to inspect your condo to assure that it has not been damaged and the appropriate deposit retained.
    bulletCollect rent and tax due from guests
    bulletPrepare reports and remit all taxes due each month to the Florida State & Local taxing authorities.
    bulletHandle all banking and deposits
    bulletMaintain and provide individual owner accounting records and monthly summaries
    bulletMaintain records for all owner bookings
    bulletProvide year-to-date accounting summary
    bulletPerform end of the year IRS reporting
    bulletProvide owner 1099's for federal and state income tax filing
    bulletProvide towels, linens, kitchen towels & dishcloths  
    bulletPay for the laundry service of all towels, linens, dishcloths & bath mats
    bulletOrder and maintain supplies, toilet paper, soaps, dishwashing detergent, kitchen and bathroom trash bags, etc
    bulletReplace towels and linens that are soiled, stolen or misplaced by guests
    bulletAdvertise your condo for rent in various advertising media to assure that you achieve your rental booking goals.
    bulletAssure that guests understand and comply with all Summit Rules
    bulletAnswer emails and phone calls from prospective renters 
    bulletCheck in guests at the front desk
    bulletIssue keys, parking pass and ID bands
    bulletCheck out guests so housekeeping can gain entry to clean
    bulletAssure that your condo is up to standards for renting due to wear & tear, cleanliness, inventory of kitchen items, linens & towels, etc.

  7. What happens to any net surplus that The Summit Rental Agency may have after all expenses are paid each year?

         A.  Any net surplus from the rental program's commissions will benefit you directly as an owner of a Summit Condo through reduced quarterly association dues and fees. Commissions paid to an outside company benefit that company and do not reduce your fees.

     

  8. As an owner do I have any say so in how the rental program is run and rental rates are established?

         A.  As an owner you now own the rental program. As owners we now have control over setting rental rates and commissions where as in the past we were not able to increase or decrease either of these important aspects.

     

 

 
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