Click here for part 1 of this series!
Want to be an Airbnb host? Great! Here are some essentials to consider before committing!
Know your competition! Chances are you aren’t the only one renting out your home on Airbnb in your area. The more you know about the competition and the better you understand their appeal, the better chance you have to adjusting your listing to grab the customers.
If you are serious about hosting, your furnishings and amenities could make a big difference in guest happiness. There are two main categories of important things for furniture- function and form. What need do these pieces of furniture fulfill for your guests?
Before you decide to rent out your space, check the financial aspects, to make sure it’s worth the time and money.
Make sure your listing is right! Great photos and descriptions really help, but also making your listing stand apart from the others in the area. Target your ideal customer in the listing! Make sure the title, descriptions, photos, reviews, and host profile are spot on.
Make your house rules simple and clear- not so many that they are obnoxious, but make it obvious what is off limits. Get that balance right.
Some safety concerns- protect your identity. Don’t give anyone the option to take advantage of you, and keep your personal information out of sight. Don’t make yourself an easy target.
Keep your booking short- most are less than a week. It’s probably not a good idea to start off by taking long term bookings over 30 days. You don’t want to have any squatters take up residence!
Make sure your pricing is right from the beginning. This is a process that takes a lot of research and tweaking over time. With too high of a price, your rental might be vacant more often than not. If your price is too low, you’re leaving money on the table.
Sign up as an Airbnb host, what are you waiting for?
Image By Etrenzik – Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=48447840