Coveted Rental Programs
We offer the following rental programs, exclusively to Coveted Group clients.
Coveted Stays
As an added benefit to your Flora Farms fractional ownership, you can submit any inventory dates you wish to rent to Coveted Stays, a convenient rental program offered by The Coveted Group. Coveted Stays posts participating inventory on multiple rental platforms, including Airbnb, Vrbo, and Booking.com, increasing the likelihood of bookings. To learn more about this program, click here.
Rental Request Program
The Rental Request Program is an additional service offered by The Coveted Group. We promote our vacation rental page and link prominently on the flora-farms.com website. When interested renters submit inquiries, we match them with owners whose inventory closely aligns with their requests.
Special Bonus
As a special bonus, owners who host renters on Flora Farms, whether the renter found them through The Coveted Group or not, can earn a 1.00% commission (paid by The Coveted Group) if their renter purchases property during their stay. This commission cannot be combined with other commissions such as Referral Commissions. In cases where multiple commission types apply, the owner will receive the highest commission.
FAQs
Are there any vetting processes for renters? The Flora Farms concept and the retail rental rates act as a self-vetting system.
Does everyone rent? No, most owners prefer using their property for themselves. Renting is usually done when owners have other plans for the year or when they need a break from Flora Farms or Los Cabos.
Why would someone choose to rent their inventory? Sometimes, there is a conflict in scheduling, and owners cannot attend their dates. Others enjoy earning rental income. Some use rental income to offset travel elsewhere. Some purchased solely as an investment.
Does The Coveted Group pay commissions to the inventory owner if a renter purchases? Yes, owners who host renters can earn a 1.00% commission (paid by The Coveted Group) if their renter chooses to purchase property on Flora Farms during their stay. Note that this commission cannot be combined with other commissions such as referral commissions. If multiple commission types apply, the owner will receive the highest commission.
How successful is the Coveted Stays rental program? We strive to provide the highest likelihood of bookings possible. This is achieved by listing properties on multiple rental platforms, including Airbnb, Vrbo, and Booking.com, and implementing strategic marketing and advertising efforts to reach our target market. Additionally, we utilize dynamic pricing that is powered by artificial intelligence and other digital integrations to analyze rental rate trends and competitive positioning, which allows us to update optimal rates in real-time for all rental channels, which in turn increases the chances of getting more bookings.