In the vacation rental market, V.R.B.O. is the abbreviation for the term Vacation Rentals by Owner. In today’s era, travel agencies no longer the only source of booking a quality vacation. Most vacation condominiums are privately owned, meaning that each door in a Beach Resort is owned by a separate individual person or entity. Before the internet came along, property owners relied on travel agencies or real estate companies to fill these rental properties with vacationers. Property owners and travelers, alike, were in need of a direct medium for doing business. The internet now makes it possible for property owners to be contacted directly by the perspective property user, thus eliminating the “middle man,” and resulting in a win-win for both parties. This method of reserving vacation or business accommodations does not come without risk, however; but if one is willing to take the chance, it could pay off in big savings.
Two decades ago, if you wanted to re