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EXCELLING AS AN AIRBNB HOST WITH YOUR VACATION RENTAL (NEW INVESTORS GUIDE)
EXCELLING AS AN AIRBNB HOST WITH YOUR VACATION RENTAL (NEW INVESTORS GUIDE)
LOOKING FOR A SIDE GIG?
With the opportunity to pull in a hundred thousand additional dollars a year? Do you have a spare room in your house that you don't use, or do you always leave the city and pay a mortgage for a place that you rarely use? If so, then it could be a great choice for you to become an Airbnb host.
OVER A 100 MILLION PEOPLE USE AND TRUST AIRBNB FOR THEIR TRAVEL NEEDS WORLDWIDE
Airbnb gives you the chance to cash in on it if you have extra rooms. For instance, if you can rent your property for just $50 (N19,062.5) a night (the low end of the spectrum) for seven days a month, that's a possible $18,250 annual income (N6,957,812). Many Airbnb rentals, especially in urban areas, are much more expensive.
Making Money More Airbnb is the biggest platform for sharing accommodation in the world. It's an online marketplace that connects individuals who want to rent either a room in their house or a whole home with individuals who want a place to stay in their city. Airbnb currently has rentals in 81,000 cities and 191 nations. Guests can book a stay for their preferred duration, whether that is one night or 12, just like at a hotel. Guests have the ability to live like locals, unlike at a hotel; enjoy potentially larger rooms, often with connections to kitchens or kitchens; and interact with hosts at their destination, giving them the chance to get advice from someone who lives there and even make new friends potentially.
It is relatively easy to list your room on Airbnb. You first need to build an Airbnb
account, which is free, to rent an extra space or your entire home; Airbnb makes its
money by charging fees on actual bookings. Next, in the upper right-hand corner of the refreshed home page, click on 'become a host' and obey the prompts. Airbnb will take you through the steps of creating your listing, by showing the averages for other listings in your area, even helping you set prices.
ESTIMATING THE RIGHT CHARGE PRICE
Airbnb makes interactions between guests and hosts simpler, but finally, you stay in charge of your own room. That means you decide who gets to stay there, when and at what price to make your room available. When setting your price, by looking at competing listings, you first consider the going rate in your region. Consider hosting expenses, including higher energy bills and taxes, as well. On top of their nightly rate, several hosts charge an extra cleaning fee.
WRITING A CONVINCING DEFINITION
Be sure to provide all the basic information about your house, such as how many bedrooms it contains and the number and size of beds, how many visitors have access to bathrooms, if there is a kitchen, and whether there is an outdoor area. To make your listing stand out, think about the type of experience you can have for guests beyond a basic overview of the space. Consider the questions they might pose about your listing: Is there access to public transit? Are there restaurants nearby, events that are enjoyable, or cultural destinations? What kinds of interactions in your neighborhood will visitors have?
HAVE AN AWESOME PHOTOSHOOT
Perhaps more than your definition, what will actually sell your space are your images. Be as truthful as possible in both your explanation and photos to ensure positive feedback and complete bookings, as visitors will depend on them to decide whether your room will meet their needs. It's well worth taking the time to invest in high quality photos, and consider hiring a professional photographer if you're serious about making money as an Airbnb host.