Secrets of Successful Sunshine Coast Rental Management
- 12 December 2024
- Blog
The Sunshine Coast is a hotspot for holidaymakers, and that means plenty of opportunities for property owners. But managing an Airbnb isn’t... Read More
Do you dream about earning a passive income from your Airbnb holiday rental property? How much time do you spend on managing this Airbnb property currently? One of the ways to save time and maximise your returns is to hire a holiday rental property manager for your Airbnb holiday rental property.
You can use the time you save from hiring an Airbnb property manager to grow your business or do things you love. With that said, it’s not easy to find someone reliable for managing your Airbnb property.
In today’s blog post, we will explore how you should go about finding the right property managers for your holiday rental.
Hiring an Airbnb property manager can be challenging if you don’t know what to look out for. Here are a couple of factors you might want to consider in your search:
1). Local Short-Term Rental Market Knowledge
It is crucial for an Airbnb property manager to know the local market. Don’t forget that short-term rentals is a completely different market compared to long-term rentals. Property managers with expertise in holiday rentals should have experience in developing and employing practical marketing strategies to attract new guests, get great reviews, and set the right pricing to keep the place booked.
During the interview, you might want to ask them about the busy and quiet seasons in your market, the average rental price for short-term rentals, local rules, knowledge of local attractions, and other such things.
The ideal property manager should have in-depth knowledge of the platform. They should understand the importance of high rankings on the platform and how to optimise the listing page, and what works on the platform. If you are in a competitive area, they should know how to make your property rank higher in the search rankings. They should also have expertise in highlighting appropriate features of the property along with proper pricing to attract the maximum possible bookings.
There are all kinds of pricing models used by property managers. The key is to work with a company or individual who is completely transparent about the fees they are going to charge. In short, you should know whether you will be paying a percentage of the overall revenue or a fixed fee or some other kind of payment structure.
Professional Airbnb property managers offer a wide range of flexible packages. If you are searching for someone who takes care of everything and hands you a monthly check, you should make sure they offer everything including guest management, housekeeping, maintenance, home styling, as well as marketing.
Housekeeping is time-consuming and you can’t really market your property without keeping it clean. Similarly, you will also need someone to take care of regular maintenance. Guest management is also an important part of managing a short-term rental. Someone has to communicate with the guests.
Therefore, choose a property manager that offers all the services you need for your property.
Make sure to check the existing listings of the property manager before signing the contract. Pay special attention to the photographs, descriptions, ratings, booking frequency, and so on. Checking their existing listings should give you an idea of their experience and their passion for managing properties.
It’s not easy to find customer reviews for property managers but it doesn’t mean you can’t have them. Ask interested companies about providing some references. Talk to their clients to know more about the company.
Overall, finding the right property manager for your short-term rental is the key to achieving success in today’s hyper-competitive business landscape. Keep in mind that Airbnb is a huge platform with a lot of competition and many people do it full-time as their main source of income. If you want to remain competitive and get bookings, an effective strategy is to find the right property manager.
You should hire an Airbnb property manager who has proper knowledge of the local market, an affordable payment structure, excellent customer reviews, flexible service packages, and good communication skills.
BnB Booking has several years of experience in managing holiday rental properties. We offer a wide range of services as per the needs of our customers.
Please call us at BNB Booking today on 1300 146 514 or leave an enquiry and we will get back to you as soon as possible.