Pinnacle condos signs exclusive rental agreement with The Killington Group
By Polly Mikula
“Managing a rental property involves a lot of things,” said Ryan Flynn, Pinnacle owner and member of the rental committee. “At the end of the day, we want to make sure that we give our owners and our guests the best experience when they come to Killington.”
Unlike other condo associations in Killington, Pinnacle Condominiums has always chosen to have an exclusive partnership with a rental management company. Since the 80’s it was with Killington Resort. This year, however, they decided to issue a request for proposals (RFP) to see which company could best meet their needs. Five companies responded to the call.
The rental committee analyzed the proposals and interviewed the best candidates.
“It was an extensive and exhaustive process,” Flynn said. “We had a long list of criteria and values that were important to the Pinnacle community.”
In the end, the Killington group was chosen. The vote was “almost unanimous,” Flynn said. “Not only did they emerge victorious, but they won by a landslide. Not only could they provide commercial elements with publicity and drive traffic, but more importantly, they provide deep connections to this community, established trust in the city and a long standing reputation.They continue to grow and develop always striving to strengthen this community…in my experience over the past four years it has been very easy to work with and they seem to have seen it all (or almost) and know what to do.
The Killington Group markets itself as a ‘full service’ business dealing in property sales, rentals, management and development as well as cleaning services. Owner Bob Montgomery has been in business in Killington for over 50 years.
“Exclusive tenancies were more common in the ’80s when most Killington condominium associations were developed,” Montgomery said. “At one time, Killington Ski Resort was the exclusive rental company for most of these associations. But when the Internet and the various booking partners like Airbnb and VRBO emerged, almost all the associations gave up this exclusivity, except for Pinnacle,” he noted. “The most upscale resorts in the country have always maintained an exclusive rental management partner, and the reasons for this are multiple,” he said, explaining, “We work within established guidelines. by the boards, we do extensive marketing both with landing pages and with our booking partners – which include Airbnb, VRBO, Expedia, Booking.com, Ski.com, Marriott Homes and Villas, and many others – and landlords will earn more rental income not just in winter but in summer and fall as well,” he said.
“We wanted Pinnacle because it’s a destination of choice, the name says it all!” Montgomery added. “They have year-round amenities that customers are looking for. It really is a win-win partnership.
There are around 150 owners at Pinnacle, according to Montgomery, and its location at the top of Killington Road makes it particularly attractive. Its listed amenities include: a spa and salon with two indoor hot tubs and a game room. In the summer it has a new outdoor swimming pool, outdoor hot tub, BBQ area and tennis courts.
For Flynn, having a management company also provides much-needed peace of mind. “This partnership takes the pressure off owners and the board and improves the experience for owners and our guests,” he said. “It’s so nice to be able to show up and not worry about anything else. If there’s a problem, there’s only one call to make and they’ll take care of the rest.
All Pinnacle owners are invited to the Killington Group Open House on Saturday and Sunday, October 8 and 9, from 10 a.m. to 4 p.m. at its offices at 10 West Park Road.
“We hope owners will take this opportunity to meet our team and find out how we can help you get the most out of your condominium investment. Thanks to our team of highly trained professionals, you can be sure that your property is in good hands when you leave and will be ready for your arrival whenever you can come and enjoy the Green Mountains yourself.”
Of course, owners who can’t attend the open house are always welcome to stop by the Killington Group offices and say “hello,” Montgomery added.