Airbnb currently has over five million listings, composed of investment properties and single-family homes, across the world, since its launch back in 2008. If you own or rent your home, you can list it on the Airbnb site, and use it to boost your yearly income.
If you are seriously thinking about listing your property on Airbnb, it would be wise to find out everything you can about becoming the best Airbnb host. That being the case, please read below for some simple and useful AirBnB hosting tips:
Things To Consider Before Listing Your Property
- Define your expectations: You will need to start by deciding what kind of host you want to be. Are you simply looking to earn a few extra dollars from your listing or would you like to build your operation up and make it your main source of income?
- Your landlord and neighbours: You need to properly manage your relationship with your neighbours and landlord (if you are renting), for your Airbnb listing to have any chance of success.
- Insurance: You will need to have the right type of insurance to cover any risks and losses associated with short term letting of your home or investment property.
- The time commitment: Being a successful Airbnb host takes a lot of time. You need to take the time to prepare your home for guests, create a listing, chat with various potential guests, make bookings, check in and check-out guests and build up positive reviews. Ask yourself whether you have the time to do all this.
- Know Your Market: Before you start hosting an Airbnb, you should start by researching your market. To make sure that you set the right price for your property, find out the going rate for a property like yours in your local area. Furthermore, take the time to research the competition and find ways to set your listing apart from the rest.
Benefits Of Listing Your Property In Airbnb
- Extra income: The most obvious benefit of listing your property in Airbnb is the potential to earn income on your home or investment property.
- Free listing of properties: Listing your property on Airbnb is free. However, 3 per cent Airbnb hosting fees are changed on the booking subtotal.
- Flexible listing schedule: With Airbnb, you don’t have to list your property all the time, you can choose when to make it available to guests and when not to.
- You get to set your own rules: As an Airbnb host, you get to set the rules that guests must follow when staying in your home or investment property.
- Huge community: Airbnb has a huge community of hosts, where you can share tips, vent frustrations, share funny stories and most importantly, learn how to succeed like others before you!
10 Tips To Become A Superhost
- Be honest even as you try to make your unit stand out from the rest
- Make sure that your rules are clear and concise
- Provide flexible check-in and check-out times that account for any unexpected occurrences/delays; leave reasonable time between bookings
- Give more to get more; don’t be afraid to go the extra mile in order to make your guest happy
- If you encounter any problems, contact Airbnb immediately
- Use automatic locks, welcome texts and directions to facilitate seamless check-ins
- Limit your communications and bookings to the Airbnb app
- Make sure that guests know what to do by leaving small explainer notes around electronics
- Provide your guests with as much information as you can about things to do in your locality
- Keep things simple; at the very least, provide your guests with a clean, cozy and clutter-free space that is welcoming
Conclusion
Becoming an Airbnb Super Host takes a lot of time and effort. Fortunately, it also comes with the potential of boosting your income from your listing. Use the above information as a guide to becoming a successful member of the ever-growing Airbnb family!
Hire BnB Booking As Your Property Manager
If you are thinking about listing your home or investment property on Airbnb but don’t have the time or expertise to make it a success, hire BnB Booking as your property manager. This way, you can be sure that your listing is in the right hands.
If you want to manage your Airbnb but are unsure how to go about it, BNB booking, can help. We have worked with dozens of customers and offer a range of services, from maintaining your property to housekeeping supervision. At BNB Booking, we offer full-service Airbnb property management.
Please call us at BNB Booking today on 1300 421 029 or leave an enquiry and we will get back to you as soon as possible.