Building Guest Relationships as the Key to Achieving 50% Direct Bookings with Rodman Schley
Rodman Schley is a seasoned real estate investor and short-term rental expert with an impressive career spanning decades. Starting with fix-and-flip properties to pay for college, Rodman’s journey evolved into a passion for short-term vacation rentals. With over $20 billion in valuations as a certified appraiser, he’s mastered the art of analyzing markets and making strategic investments. Today, his portfolio focuses on high-performing properties in Costa Rica, where he blends his love for travel with his investment expertise. Rodman’s philosophy is simple: align with your purpose, strive for excellence, and create exceptional guest experiences. Summary and Highlights In our recent episode of Direct Booking Simplified, Rodman shared invaluable insights into his journey, strategies, and mindset for mastering direct bookings. Here are the key takeaways: 1. Purpose Over Profit Rodman emphasized the importance of aligning with your purpose. “Make sure you love what you do,” he said. By combining his passions for travel and investing, Rodman found success in the short-term rental space. His advice? Be an outlier. Don’t settle for mediocrity—strive to be exceptional. 2. Why Direct Bookings Matter With a 50% direct booking rate, Rodman’s properties stand out for their exceptional guest experiences. He highlighted how direct bookings not only reduce fees but also reflect the strength of your operations. According to Rodman, each guest’s stay is a testament to your management, systems, and property’s appeal. Quote: “Think of that guest in your property right now as your most valuable opportunity to grow your direct booking rate.” 3. Building Relationships for Repeat Bookings Rodman’s approach to guest relationships is unparalleled. With an attentive onsite manager and a concierge service, his team ensures every guest feels like family. From arranging surf lessons to hosting community-style retreats, Rodman’s properties deliver more than a stay—they create lasting memories. 4. Effective Email Marketing Rodman’s email marketing strategy is simple but powerful. Monthly newsletters keep guests engaged with updates and offers, while post-stay thank-you emails nurture relationships. By focusing on value and maintaining consistent communication, his properties remain top of mind for past guests. Pro Tip: Include updates about the community and special offers in your emails to encourage repeat bookings without overwhelming your audience. 5. Conservative Planning, Exceptional Execution Rodman stressed the importance of realistic financial planning. By underestimating revenues and overestimating expenses, he mitigates risk and ensures his properties consistently perform. This conservative approach allows him to focus on outperforming his projections. Follow Rodman Here ⤵️ Transcription Rodman: I was led with profit and purpose was always second. And those don’t work out. Make sure you love what you do. If you’re coming to the short term vacation space, make sure you love it. For me, I love to invest and I love to travel. That was a perfect thing for me. So I, that’s why I love the short term vacation rental space. But the other thing I tell people is, you know, there’s so many people, if you think about life as being this big bell curve, right? So many people are in this easy space right in the middle of the bell curve. And I always say, you know, if you’re going to do something, be exceptional at it, be an outlier in it. So if you’re aligned with your purpose and you put in the work, be an outlier, be, be exceptional, be an expert at what you do. Gilbert: Hey folks, welcome back to direct booking. Simplify. We break down the strategies and tactics to win and direct bookings on today’s show. I have Robin Schley. Robin, did I say that correctly? Rodman: You said it, right. Gilbert: Awesome. Well, it’s great to have you on the show. Gilbert: Um, it’s great to, I met you a couple of weeks back and I’m, I’m thrilled to have you on the show and kind of talk about how you’ve grown in real estate, what you’re doing now, um, and share with us, uh, some tips on how to really amp up that direct bookings basically, because when I learned what your direct booking rate is, I definitely wanted you to, to share that with the group here. Gilbert: Awesome. Rodman: Yeah. Yeah. I’m excited to be here. Excited to talk. We had a great conversation when you were on my podcast and, uh, you know, it’s always just nice to be able to share this knowledge and this, this information that you collect with people and pass it on down to those folks who maybe want to figure out how to be an outlier in the space, how to be great, how to be an expert. Gilbert: Yeah. Yeah. And I always find that like through the podcast, like the best way to do that is really to get a mixture or like almost like a melting pot of different perspectives because I find that like, there’s not one, you know, that’s like going into real estate investing, starting your own business, doing anything. Gilbert: There’s not run one way to do it. Right. Um, and it’s often. Yeah. Many, many different ways of doing it. Right. And it may have different outcomes. They may have different timelines, but people approach it different ways. But the best thing to really do is really educate on what people are doing and finding out what, what works for you. Rodman: Yeah. How do you optimize, how do you get better at what you’re doing and how do you learn from others and optimize what they’re doing? And, you know, it’s a really small community of people who are doing what we’re doing. And so when we get a chance to lift other people up, teach, educate, learn from them, you gotta, you gotta jump on that. Gilbert: Yeah, absolutely. Well, before we get too far into it, do you mind giving a quick introduction on who you are, what you’re doing now, kind of how you got here? Rodman: Yeah, of course. No, of course. Like you said, I’m Robin Schley. I, uh, I’m a real estate