AirBnB has been giving conventional hotels a serious run for their money for a while now. As the concept has proven itself, more and more people are considering putting up their place. Anyone who has a spare home or even a spare room, can earn a pretty good income by renting it out. However, without experience, you might be stumped about getting started. Here is a guide with just a few simple steps that will successfully lead you on your way to becoming an AirBnB host.
Before you list your place
Before you list your place, you need to get it ready for renting. Peer-to-peer rental services cater to all kinds of guests and budgets, so, of course, every home has its place in the system. However, the nicer it is, the more guests you can attract. The first step won’t cost you a cent: decluttering. Throw out stuff that doesn’t belong, or that’s old and damaged. Bear in mind that an AirBnB listing doesn’t need to be as empty and generic as a hotel room. Cleanliness, functionality and tidiness are a must, though. Getting your place renting-ready doesn’t have to cost you an arm and a leg. If you have the skills and the hand tools, you can do some minor repairs, and even make unique, cheap and great looking DIY furniture yourself. Leaving a complimentary shampoo and soap will make your guests feel pampered. The same goes for useful amenities, for instance a kettle, coffee machine and a hair dryer.
Create your listing
The most essential part of your listing are the photos. It’s your primary tool for attracting potential guests. If AirBnB offers to send their own photographer, seize the opportunity. Not only will you end up with excellent pictures that will showcase your place in its full glory, your pics will come with a watermark that says “AirBnB verified photo”. The watermark adds authenticity and trustworthiness. Before listing, you should probably also check local laws and regulations. Better to be safe than sorry – nobody enjoys paying fines. Bear in mind, when writing your listing, that while some things can easily be changed afterwards, for other changes you will need to contact AirBnB.
Determine the price
Determining the price, at least at first, can be tricky. If you charge too little, you won’t be able to make a profit. If you charge a realistic price, you might not get any guests at first, because you will be competing with other listings that already have reviews, while you don’t have any. That is why the best strategy is to charge just below the price at first, and raise your price to its real worth after you’ve already had a few satisfied guests and positive reviews. If you don’t even know where to start – it’s simple: just check similar listings in your neighbourhood and compare prices.
Your first guests
Completing your profile in full and making your listing as detailed as possible will affect how you appear in searches. At leas in the beginning, you will probably earn more money and get your reviews quicker with short-term guests. Keep your calendar regularly updated, and make it a point to answer every single message from potential guests. You will be building your reputation both with the client base, and AirBnB. Once your guests leave, go ahead and write a review for them. That will very likely encourage them to promptly reciprocate, and write one for you too.
With a carefully crafted and accurate listing, a realistic price, a clean, pretty space, and good service, you will be well on your way to transforming your empty place into a veritable source of income.