Purchasing a home is – for most of us – the single biggest investment we’ll ever make. So it’s no wonder the safety of your home is always our number one priority – we’ll take care of it as if it were our own.
Do you verify guests?
When it comes to guest verification, there’s nobody with more experience and expertise than the Airsorted Guest Support team. Together, they’ve accepted over 200,000reservations.
When a guest requests to stay in your home, we’ll check several things:
Is the guest’s profile fully verified? That means a profile picture, a government ID card or passport, payment details and selfie have all been checked.
Are all reviews of the guest positive? That’s host reviews of the guest, not the guest’s reviews of properties!
What are the guest’s plans during their stay?
If our team have any concerns whatsoever we will politely decline the guest.
What if something goes wrong during a stay?
With offices in the UK, Canada and Australia our dedicated Guest Support team are able to communicate with guests 24/7. So you can always be sure that we’ll report issues quickly and efficiently.
Whether it’s a leak or a blown bulb, we’re able to act fast to secure your home’s safety. For more on this, see our handy maintenance guide here.
What if a guest causes damage in my home?
Damage is rare, but accidents do happen.
We train our housekeepers to look out for possible damage at each clean. If they think they might have spotted something, they’ll send a photo back to Airsorted HQ. Should we need to seek compensation, Airsorted will handle any claim on your behalf.
The process differs depending on the platform.
We’ll submit a claim and any evidence to your guest via the Airbnb Resolution Centre. Airbnb cover you up to $1 Million USD.
They’ll have 72 hours to accept or decline. If they decline – or don’t respond – then we’ll escalate the case to Airbnb directly.
Airbnb will speak to both parties before making a decision on compensation.
All Other Platforms:
We take a £150 deposit for each and every booking.
If the cost of maintenance is less than £150 only the difference will be refunded.
If the cost is more than £150 we’ll submit evidence to the guest and platform. We can then further charge the guest’s card.
Do I need separate insurance?
If you are a UK and Ireland Airsorted host we’ll automatically cover you for buildings, contents and public liability when you’re sharing your home with paying guests. The policy is underwritten by Guardhog (Hiscox) and is free of charge.
Some important points:
The insurance only covers guests who have booked through a platform which is not Airbnb. Airbnb has its own Host Guarantee.
We designed the policy to cover worst-case scenarios, for claims exceeding £1000. The booking deposit will cover claims below this amount.
For the policy to be valid, you must have independent separate home insurance in place which would cover you when your home is not being let to paying guests.
If you would like to find out more about our Guest Support Team, how we report damages, and insurance then get in touch with one of New Homes Advisorsnow.
Home maintenance – it ain’t glamorous, but someone has to do it. The question is though, if you’re halfway round the world on that dream trip, who?
Airsorted. Here’s everything you need to know about maintaining your property whilst you’re away.
What happens if something goes wrong?
Whilst we’d love to promise maintenance will never be required, sometimes the unexpected happens. Boilers can break and bulbs blow. What happens next?
Your guests – or perhaps our cleaner – will report an issue to Airsorted HQ either by contacting our 24/7 Guest Support Team or the Housekeeping Team.
We’ll try to troubleshoot the issue, but if we’re unable to solve the problem we’ll contact you.
We’ll ask if you’ve encountered the issue before – perhaps you know how to fix it. If not, we’ll provide you with a quote from our maintenance team.
With your permission, we’ll then organise to attend the property and resolve the issue at the earliest suitable time.
What if you can’t reach me?
Whether it’s due to time zone differences, an important meeting, or maybe even a jungle trek we understand that you won’t always be easy to get hold of – it’s why we’re here to help, after all.
We’ll wait to hear back from you if the issue is relatively minor (e.g. window cleaning, broken lightbulb). But if your home needs urgent attention (e.g. a leak, broken boiler) then we’ll take action quickly to secure the safety of the property and any existing bookings.
We can only spend as much as you have previously authorised. Do please ensure you set up your preferences in the Airsorted dashboard – there are preset defaults!
Who do you send?
We have a range of in-house handymen who will attend to any minor, non-urgent issues such as changing lightbulbs, fixing TV aerials, and bleeding radiators.
For more complex, urgent matters we partner with a range of professional maintenance companies. We’d be happy to let you know exactly who, but there’s too many to list here!
Of course, if you have your own trusted and preferred contact you’d like to use we’d be happy to coordinate with them too.
Any contractor will be able to access your property via a secure lockbox, so there’s no need for you to be home.
How do tradespeople enter my property?
Gone are the days of waiting at home (or worse, paying someone else to wait) for a contractor to appear.
We’ll ask your guests to leave a set of keys in the lockbox if they head out, and then we’ll pass the access information on to our trusted suppliers.
For more on lockboxes, how they work, and why we use them see here!
How am I charged for any work?
Airsorted will receive any invoices or job reports. We’ll then add the charge to your next management fee. This is taken automatically, so there’s no need for you to worry about any late payment fees!
You’ll be able to see the invoice on your Airsorted dashboard, and we’ll also pass on the job report.
But what if my guest caused the issue?
Accidents happen, however rarely. If we need to charge your guest for any maintenance work then we’ll do this for you.
On Airbnb: we’ll open a claim on the ‘resolution centre’. Your guest can pay, counter-offer, or decline. If they choose not to pay, we will raise the claim to Airbnb themselves who will then make a decision.
On Booking.com, Expedia and HomeAway: we take a deposit of £150, and have the option of asking the platforms to charge your guest further.
If you’d like to find out more about exactly how we ensure your home is protected, see our guide here.
Ready to start your Airsorted hosting journey? Find out how much you could earn with our free pricing estimate!
Creating an Airbnb listing and taking some photos is the easy bit. Getting the absolute most from your property though? That takes a little more time and effort.
We can all agree that professionally taken photographs look better than iPhone snaps. But sourcing a professional, liaising with an agency, and booking a shoot is a hassle. So long as guests can see you’ve got an oven… that’s all that matters, right? Isn’t paying a professional just an unnecessary luxury?
The answer is a resounding no. Professional photography is essential.
Imagine you’re a potential guest. Now consider the following two listings carefully – I have some questions for you..
First, this family home:
Would you stay at this property?
If so, how much would you pay?
Now take a look at this listing:
What about this one? Would you book this property?
How much would you spend?
Which property do you prefer?
You’d pay more for the second property, right? We all would surely?
Take a closer look. The two listings are for the same property.
No surprises then that photography can earn you more. I hear you though – that was just one, carefully selected example wasn’t it? Doesn’t prove anything. What we need here is some science.
Coming right up.
Our data team have measured the performance of 10 different properties across the last two years. Performance has been split into three components:
Average daily rate (ADR).
We selected listings that had been live for one year without professional photos, and then for the following year with pro snaps. Below are our results.
The bars in blue represent the average occupancy rate (%) across the year for the properties before professional photography.
The bars in red represent the average occupancy rate (%) across the year for the properties after professional photography.
Taking an average across all of the properties, there was an 18.7% increase in occupancy – that is huge!
Average Daily Rate
But occupancy alone doesn’t mean very much. If you halve your price then the occupancy will naturally shoot up.
More useful to consider is the average daily rate. Below, consider the uptick in earnings before and after professional photography:
The bars in blue represent the average daily rate paid by guests for the properties before professional photography.
The bars in red represent the average daily rate paid by guests for the properties after professional photography.
All of our properties received a boost. The average increase in daily rate was a massive 16.4%!
So there’s more bookings coming in, and more money being earned for each reservation. But what does that mean in real terms?
Whilst people host on Airbnb for a variety of reasons, making a bit of extra cash is normally high on the agenda.
So let’s get to the heart of the issue. Will professional photography earn you more money?
Once again, the blue bars are before professional photography and the red bars are after.
On average, the earnings were an astounding 73.8% higher after photography.
In cash? An average of £2,341 extra in the pocket. Not bad for a small investment…!
A Wise Investment
Our properties received significantly more bookings, even at an increased rate.
Because professional photography justifies a higher price.
A gallery full of dimly lit, blurry photos suggests no time or care has been taken with your listing. Guests think their stay might suffer from the same lack of attention.
Professional photography, on the other hand, suggests a professional service – from the housekeeping to check-in and communication.
And with guests spending just 5 seconds considering a listing, you need to grab attention as quickly as you can! There’s no better way to do this than professional photos.
It can be a hassle organising professional photography. Luckily, Airsorted can take care of it all for you.
After an initial onboarding meeting – and once the first clean has taken place – we’ll schedule a professional photographer for your home. This is FREE for our full-time hosts, and just £99 for those with less availability. There’s no need for you to be present (unless you’d like to be!) and we’ll take care of the selection, editing, and upload.
Here at Airsorted we use lockboxes for all our homes. But why? Are they safe? And why don’t we meet guests in-person?
Here’s everything you need to know:
What is a lockbox?
Simply, a lockbox is a small, external safe containing a key. Lockboxes can either be attached to a wall or a railing.
How does a lockbox work?
We use two types of lockbox: wall-mounted and railing.
We’ll secure a wall-mounted lockbox to a wall, usually by the entrance to the property itself.
More often, we’ll attach a railing lockbox to a nearby bicycle rack, using a bicycle cable to secure it in place.
We provide guests with the lockbox code via an online portal. This portal expires at the end of their reservation. Guests will then enter the code and – depending on the lockbox type – either twist the handle or squeeze two buttons. The lockbox will open and the keys can be retrieved.
How do guests find the lockbox?
Airsorted provide guests with a mobile–friendly lockbox guide. This lockbox guide includes:
A map of the local area.
A step-by-step picture guide from the front door of the property to the lockbox.
Accompanying written instructions.
A diagram of how to open the lockbox.
The telephone number for our Guest Support Team.
See here for an example of an Airsorted lockbox guide.
Are my keys safe in the lockbox?
The security of your home is always our priority, so let’s take a closer look at our lockboxes:
Railing: MasterLock 5414. MasterLock are one of the most trusted brands in security. The lockbox has a solid zinc body and a dual-locking system for additional security. The protective cover offers defence against the elements too. These lockboxes are used widely by Britain’s NHS to access homes requiring social care!
And to be completely safe, your keys are always untagged, other than with an Airsorted home-code. We keep spares locked away in our office too.
Important Point: The lockboxes are almost always empty. Either your guests or our cleaners will have the keys. The lockbox is used only on changeover day.
Should I use a lockbox?
There’s a whole host (excuse the pun) of reasons to use a lockbox:
It’s easy for guests: Not everyone wants a 20-minute house tour, or an extensive run-down of the neighbourhood. Most guests just want to check-in and chill out.
24/7 Access: Early flight? Or maybe you stayed in the bar longer than intended. A lockbox makes things easy at any time, day or night. No more curtailing of plans to meet your host.
Airbnb Work Collection: Installing a lockbox means you’ll be eligible for inclusion on Airbnb’s ‘Work Collection’ – homes for business travellers.
Easy Maintenance: Our maintenance partners are happy to access via the lockbox too, meaning you don’t have to wait (or pay someone…) to let them in.
Friends and Family: How many times have you had to taxi a key to your mother-in-law, or leave a key under the doormat for your friend? Lockboxes are a safer and easier solution for everyone involved.
How do I install one?
No need to worry – we’ll do it for you!
If you think the railing lockbox is best for you then your Account Manager will install one at the onboard meeting.
And if the wall-mounted sounds more suitable, then we’ll schedule our handyman to install it a few days later (in a spot of your choice, of course).
Best of all? Your sign-up fee covers both the lockbox and its installation.
If you’d like to find out more about lockboxes, how they work, and the benefits of using one then get in touch with one of New Homes Advisors now on +44 203 389 8886.
Edinburgh is a cultural Mecca of a city, with a rich history that champions values of inclusion and freedom of speech, particularly through the arts. With under 500,000 inhabitants, it is a relatively small city, but it punches well above its weight in the artistic world.
The Fringe Festival is the jewel in Edinburgh’s cultural crown. It’s the biggest and most-loved arts festival on the planet – a month-long thespian takeover of almost the entire city, showcasing everything from music and theatre to comedy, dance, cabaret and art.
And, as there’s no formal decision process to determine who gets to perform, the diversity of shows (both amazing and terrible) at the Fringe is truly something to behold. That’s all part of the fun!
The Airsorted team in Edinburgh have been sampling the best – and worst – of this year’s acts so far. Here are their top tips on what not to miss:
Agnes recommendsFoil, Arms and Hog:The internet sensations return for their tenth sold-out Fringe in a row. The Irish comedy group have been a fixture at the festival for years now, and with good reason. Observational and topical, their comedy is hard to pin to a specific genre. Agnes has seen them three years running! Buy Tickets.
Andrew recommends Weegie Hink Ae That? Presents: Nae Bother: Possibly having searched for the most Scottish show he could find, Andrew’s pick is a sketch-based comedy show riffing left, right and centre on Scottish culture and society. Buy Tickets.
Helen recommends Abandoman – Road to Coachella:What happens when you combine audience heckles with hip hop, pop, house and more? Abandoman happens. An improvised music show where audience participation is mandatory – it’s an entirely different show each night! Buy Tickets.
Ruta recommends Baby Wants Candy:Not dissimilar is Baby Wants Candy, which each night begins by asking the audience to shout out a new title. A full band, entirely improvised musical then develops over the following 60 minutes, never to be performed again! Buy Tickets.
Amber recommendsJames Rowland’s Revelations:Story-telling at its best, and the Fringe at its most thrillingly intimate. Rowland tells Edinburgh the tale of his sperm donation… and then what happened next. The winner of the ThreeWeeksEditors Award 2018. Buy Tickets.
Harry recommendsMythos: Stephen Fry’s one-man show is his first for over 40 years. An exploration of Greek mythology, Fry brings to life the gods, heroes and creatures of the ancient myths. From Hesiod to Narcissus, expect insight and humour in this trilogy of shows. Buy Tickets.
If it’s too late for you to get involved with the Fringe this year then don’t worry, there’s always next year! Why not make it an extra memorable trip and stay in one of these incredible Airbnb properties too.
And if you’re interested in hosting during the Festival then take a look at this guide.
Wondering how much you could earn? Head to our Pricing Calculator for an immediate estimate.
As an Account Manager at Airsorted – the world’s largest Airbnb management company – I know a thing or two about optimising your listing.
There’s plenty of blogs out there suggesting you throw a rug here, leave a plant pot there, and ensure you keep the tea bags topped up. That’s important, but certain tips only reveal themselves with experience.
1. Don’t turn off ‘Instant Book’.
Instant Book. Sounds scary, doesn’t it? Up there with ‘Golden Goal’.
Airbnb simply wants to make it as easy and quick as possible for guests to book their stay (before they lose interest or change their mind). So they promote properties with Instant Book turned on, and relegate those that don’t.
A search for Airbnb listings in Cape Town showed that:
A huge 62.4% of the first page results had Instant Book on.
Just 39.6% of the second page had Instant Book on.
The Instant Book properties were being pushed forward.
Now here’s the secret. You can cancel all Instant Book reservations penalty-free up to and including the day of check-in. When cancelling online you must select ‘I am uncomfortable with the reservation’ as your reason. Any other selection will result in a penalty.
Likewise, if phoning Airbnb, the magic words are “I am uncomfortable”. Stand your ground, know your rights, and be safe in the knowledge that you do have complete control over the guests you welcome!
2. Change your property location.
Okay, so whilst you can’t actually uproot your house and plant it outside London Eye you can make your Airbnb location more attractive.
Airbnb does not show a guest your specific location until they’ve booked. It would be a little risky if they did – anyone could know when the property was empty. Instead, during set-up, you’ll be asked to set an approximate location of your home.
You can use this tool to nudge your home slightly further towards that trendy high street or tourist hotspot. Don’t go mad though – its important to set guest expectations too!
3. Not all amenities are born equal.
Selecting certain property features boosts the visibility of your listing. You’ll also be automatically included as part of Airbnb’s ‘Work Collection’ – that is, Airbnb for business travellers.
This is a growing market on Airbnb. It now accounts for over 15% of all Airbnb stays!
Here is a list of exactly what you’ll need:
‘Essentials’ (toilet paper, soap, towels, bed linens, and pillows)
Internet and WiFi (they are separate amenities on Airbnb!)
24-hour self check-in (a key lockbox, keypad, smartlock, or by getting the key or access from a concierge)
Carbon monoxide detector — they’re £12 and our data shows a 7.5% uplift in occupancy for those with one installed!
Remember, you don’t need to spend a fortune on any of the above.
4. Fill out your life host story.
Guests like to know they’re renting off a real person.
Airbnb started out as a way for people to share their sofa with passing travellers. It’s fair to say things have moved on, but the platform still has a focus on the personal, human element.
So it’s definitely worth filling out your profile. You’ll need to:
Upload a profile picture featuring you! Put a face to the name. Avoid a generic picture of Big Ben or Sydney Opera House.
Under ‘About Me’, write a little about why you’re hosting. It doesn’t need to be your life story though. Airbnb suggests you enter your ‘Life Motto’ but we aren’t all from California so feel free to ignore their advice.
Add the languages you speak. Even if you’re French is a little, ahem, élémentaire its worth putting on!
Upload as many forms of ID as you can, as well as your phone number and email address. Think about it – you want to know who is staying in your home, and guests would like a similar peace of mind!
5. You’ve got 5 seconds to sell your listing.
Being able to sell your Airbnb to a potential guest quickly is vital. Guests spend an average of just five seconds looking at a listing before returning to the search results.
Ensure the picture which best shows off your space is the cover photo. This is the photo guests will see alongside rival listings.
Once a guest clicks through to your page they will be presented with four more photos. This will be the first four, in order, that you arranged on the ‘Edit Photos’ screen.
Don’t show off your living room four times. Select a bedroom (or two), a kitchen, and maybe even a bathroom. It should be your home at a glance.
With luck, you might get longer than five seconds.
Feels too much like hard-work? Let Airsorted take care of it for you – we’ll build your listing, find your guests, and clean your home. Find out how much you could earn with our price calculator.
These five tips were inspired by a longer article written by my colleague Jonny. His excellent, detailed tips (all 19 of them!) can be found here.
Nous l’avons déjà dit et nous le répéterons encore: des voyageurs heureux signifient des hôtes heureux.
Vous n’avez pas besoin de casser votre tirelire pour que vos invités se sentent chez eux. Quelques petites attentions peuvent faire toute la différence pour améliorer leur expérience, conduisant à de meilleures évaluations laissées par vos voyageurs et donc à une demande accrue pour votre propriété à l’avenir !
Il existe de nombreux moyens simples de permettre à vos invités de passer un séjour agréable dans votre logement. Voici nos 8 suggestions préférées :
1. Créer une station de charge téléphonique
Nous utilisons tous de plus en plus nos téléphones au quotidien, mais jamais autant que lorsque nous voyageons ! Et il n’y a rien de pire que de se rendre compte une fois arrivé et qu’il nous reste plus que 1% de batterie, que l’on a oublié son téléphone chez soi… Dans ces situations, vos voyageurs seront ravis de voir que vous avez pensé à eux en mettant à leur disposition une station de recharge pour leur téléphone.
Créer une station de recharge à coté d’une prise de courant n’est pas bien compliqué, et il est aussi facile de se procurer sur internet ou en boutique des stations de recharges prêtes à l’emploi pour quelques euros seulement.
Sinon, vous pouvez aussi simplement laisser vos chargeurs en évidence à disposition de vos hôtes avec un petit mot !
Pensez à laisser des câbles appropriés pour chaque type de téléphone: Micro USB, USB-C, Lightning…
2. Panier d’échantillons de produits
Tout le monde a été pris au dépourvu au moins une fois à l’aéroport en devant abandonner ses affaires de toilettes interdits en cabine (shampoing, gel douche, parfum, dentifrice, etc.)
Si cela devait arriver à vos invités, ils seront heureux de voir que vous leur avez laissé des échantillons à disposition comme à l’hôtel avec une petite note les invitant à s’en servir…
Si vous n’avez pas déjà des dizaines d’échantillons que vous avez ramené de vos précédents voyages, pouvez trouver facilement dans le commerce des flacons réutilisables qu’il ne vous restera plus qu’à remplir avant de partir !
3. Mettre en place une station de boisson
Fatigués par un long voyage et peut-être le décalage horaire, vos voyageurs apprécieront beaucoup à leur arrivée que ayez préparé et mis à leur dispositions des boissons chaudes: thé, café, accompagné de tasses et de tout ce qui pourrait ajouter une touche personnelle tel que des gâteaux fait maison.
En été, vous pouvez aussi leur préparer une boisson détox… une carafe d’eau, quelques tranches de concombre, des rondelles de citron, un bouquet de feuilles de menthe et le tour est joué !
4. Fournir un panier de bienvenue
Lorsque vous voulez vraiment faire bonne impression sur vos invités, rien ne fonctionne mieux qu’un panier garni offert à leur arrivée avec quelques produits locaux: une bouteille de vin de la région, une spécialité culinaire, quelques douceurs ou encore des fruits de saison, le tout accompagné d’un mot de bienvenue personnalisé. Cela leur montrera que vous avez fait un effort supplémentaire pour prendre soin d’eux et ils ne manqueront pas de vous remercier en vous laissant un bon commentaire et une bonne note sur leur séjour !
5. Rendre le mot de passe wifi facile à trouver
Le moyen le plus rapide d’atteindre le cœur d’un voyageur est de lui faciliter la vie durant son séjour chez vous. En effet, ce qui peut vous paraître évident ne l’est pas forcément pour eux.
Ainsi, même si vous avez inséré sur votre profil Airbnb les données de votre WIFI, n’hésitez pas à leur laisser un mot en évidence avec le nom du réseau et le mot de passe pour se connecter. Vous pouvez aussi par exemple le mettre en évidence en l’insérant dans un petit cadre photo déposé sur la table du salon.
Par ailleurs, si vous avez un de ces mot de passe de 28 caractères compliqué, n’hésitez pas à le remplacer par un mot de passe plus facile à écrire et à mémoriser !
6. Laisser un guide d’accueil à destination de vos voyageurs
S’il y a une chose qui rend spécial un séjour dans un Airbnb, c’est la possibilité de pouvoir vivre le temps d’un séjour comme un local – bien loin des expériences aseptisées des hôtels de chaîne.
Vous pouvez améliorer grandement l’expérience de vos invités en leur faisant part de vos coups de coeur et de vos endroits préférés dans la ville et plus spécifiquement dans votre quartier. Que ce soit un bar pour prendre un café le matin ou sortir prendre un verre le soir, une boulangerie ou acheter ses viennoiseries, ou encore un musée méconnu des touristes. Si certains évènements ont lieu durant leur séjour, n’hésitez pas non plus à leur en faire part car ils ne sont pas forcément au courant et seront ravis que vous leur en ayez fait part.
Toutes ces informations peuvent leur être présentées sous forme de petit guide touristique personnel de bienvenue que vous aurez fait vous-même ou à travers des sites spécialisés pour lui donner une touche plus professionnelle.
La société StyQR, vous permet même de créer un livret d’accueil digitale que vos invités peuvent consulter facilement sur leur téléphone en scannant un QR code et ainsi emporter avec eux durant leur visite de la ville ! (https://styqr.fr/)
C’est en tous cas un moyen sûr de rendre leur séjour plus agréable, plus spécial, et d’obtenir facilement 5 étoiles après leur séjour.
7. Laisser un adaptateur universel
Le saviez-vous ? Il y a 15 types de prises électriques dans le monde, 8 tensions (voltages) différentes et 2 types de fréquences !
Ainsi, il est fort probable que les prises des appareils électroniques de vos voyageurs ne correspondent pas au standard français… Il serait donc dommage qu’ils commencent leur séjour de mauvais humeur en se rendant compte qu’ils ne peuvent pas recharger leur téléphone ou parce qu’ils ont oubliés d’apporter leur adaptateur. Pour quelques euros seulement, vous pouvez leur faciliter la vie dans ces cas là en mettant à leur disposition 1 ou 2 adaptateurs universels.
N’hésitez pas cependant à leur laisser un mot indiquant que ces adaptateurs sont aussi à disposition des prochains voyageurs et qu’ils ne peuvent donc pas les emporter après leur séjour…
8. Établissez une carte du monde de vos voyageurs
Vous ne le saviez peut-être pas mais le logo d’Airbnb, qu’ils ont baptisé Belo, concrétise leur vision d’un monde où les gens peuvent se sentir chez eux n’importe où. Pour donner vie à cette vision inclusive du monde, nous avons aidé certains de nos hôtes à créer une carte du monde sur un mur de leur propriété, où chaque invité y séjournant est invité à ajouter une épinglette pour montrer d’où il vient.
Après quelques réservations, vous pourrez déjà voir une grande variété de voyageurs venant du monde entier ayant ajouté des épingles à votre carte. Cela donne l’impression à vos invités de faire parti d’une véritable communauté de voyageurs, et donne un côté interactif à leur séjour. Et puis c’est aussi une bonne idée déco !
Either face long empty periods with no revenue coming in, or drastically drop the rent.
There is another option. Australian Airbnb hosts are reporting an average occupancy of 75 – 85% year round, with summer pushing that figure as high as 95%!
These Airbnb guests are not the stereotypical backpackers or “party-fiends”, but families, business professionals, and frequent travellers sick of paying exorbitant hotel fees.
Property owners looking to sell can incorporate the flexibility of Airbnb (more on this shortly) into their tenancy. For example, they could make every Monday unavailable on Airbnb, allowing agents to show prospective buyers around the property, whilst keeping the rest of the week open for guests to book.
Damage– Peace of Mind
It happens all too frequently with long-lets – a tenant ends their lease and leaves the property, only for you to discover stained carpets and a broken balcony door. It’s then up to you to fight the tenant and the residential authority to claim the deposit, often taking months. Even if you recover the entirety of the deposit it’s often not enough.
But with Airbnb, your property is immediately checked over after every single guest.
In the unlikely event of damage, Airbnb’s Resolution Centre is the simple, quick, and easy way to claim compensation.
Submit pictures of your claim.
Airbnb seeks your guest’s opinion.
A decision is made by Airbnb
The process is fair and transparent for hostsandguests. Most cases are resolved within one working week, and the maximum claim is $1 million USD.
Bonus Tip: Contrary to popular belief, wear and tear is much reducedwith Airbnb. Your guests are generally out all day, and they won’t be moving furniture in, out, or about!
Flexible Letting – It’s Your Home
Letting your property out with a traditional tenancy is as good as surrendering your home for a year.
But life moves quickly these days.
Circumstances changed? Celebrating a gathering this year? In-laws visiting…?
With Airbnb, you can block your calendar to guests at the touch of a button. All guest reservations can also be cancelled – though beware, small penalties can apply.
Move back in. Put your friends and family up in a flat, not your spare room. Take back control of your own home, whenever you need it.
Like the sound of Airbnb but unsure how to get started? Airsorted can build your listing, market your flat, and manage your bookings. To find out how much your property could be earning, head to our Pricing Calculator now.
Hosting a great guest experience at your Airbnb requires more than the bare necessities – although those are important!
It’s about creating a comfortable and enjoyable stay for your guests. The best way to achieve this is by supplying the right equipment and spending a little bit of time on the decoration.
Putting in some effort pays offbig-time
Increase your revenue Each potential guest spends – on average – five seconds looking at a listing. Great photos showing off a thoughtfully decorated and inviting space make your home much more likely to get bookings. And it comes as no surprise that more bookings = more revenue!
Higher return on investment The better the amenities and feel of your property, the higher you can charge for nightly rates. Although equipping an Airbnb does require a little more effort than a long term rental, it really does pay off in the long run. Once you build up those reviews, you can charge a higher nightly rate, as guests feel satisfied they can expect comfort when booking your property.
Fewer issues Airbnbs are like interviews – first impressions matter. Get it right, and there will be less issues to follow. The short-term rental market values uniqueness, comfort and ease. Whilst location is key, value can be indefinitely increased by appropriate and conscious decorating.
Your property is your business. You need to remain competitive in a saturated market. There are thousands of active Airbnb listings at any given time. Don’t forget the other online platforms too, such as Booking.com and Expedia, or the traditional hotels and B&Bs.
People choose Airbnbs over hotels not just because its easy, but also for the personality and uniqueness of the property. They want to feel at home. If they wanted to stay in a blank space they would have booked a hotel!
Creating a home
There are four main rules to keep in mind when outfitting your property.
Texture A shaggy rug or a velvet couch can add texture to an otherwise plain room. You can also add pillows and throws over beds and sofas to create a comfortable and luxurious space.
Colour Add a deliberate splash of colour. Less is more, but bold is better. A yellow armchair or an orange table can do the trick. A good starting point in an empty space is wall art – a cheap canvas from Ikea or K-Mart will do just fine! Abstract art makes it much easier to tie the room together, and will fit well in any property.
Layers A rug can really tie a room together. It also works to cover any imperfections if you cannot put in new carpets. Drape a nice throw over the sofa – it will double up as a blanket in winter time.
Finishing touches The main difference from an average Airbnb and a top performing property are the finishing touches. This doesn’t mean spending lots of money on a bottle of wine for each and every guest! Consider a vibrant plant, a well placed side table, or even just a nice diffuser instead of an unsightly air-freshener.
Let’s face it – not everyone has time to sort out decor themselves. If you’re running short on time yourself then check out this post about the best interior design companies around.
Of course, decorating isn’t the only way to maximise your earnings. A host management service like Airsorted doesn’t just take the hassle out of hosting – we also help hosts earn more by optimising pricing and listings, making use of varied letting lengths and multiple booking platforms, and always delivering a personable and professional experience to each and every guest that stays at a property.
If you’d like to find out more about Airsorted and what we offer, head over to our main site now and use our price calculator to find out how much you could be earning from your property.
In recent years, Airbnb rentals have quickly become a popular choice for tourists and vacationers looking for temporary lodging. Due to this strong demand, vacation rentals have become an attractive option for real estate investors. We’re not surprised to see more and more investors turning to short-term rentals as the returns they can offer are robust!
If you too want to enjoy the financial benefits of owning an Airbnb investment property, then keep reading to learn how to choose the perfect property for you.
1. Pick Your Location
As with any investment property, location is the most important factor when selecting your perfect short-term rental. Locations with tourist attractions such as beaches, mountains, or a national park are typically desirable for Airbnb real estate investing. However, it’s important to take seasonality into account when picking the best place to buy an Airbnb investment property. You don’t want to own a short-term rental which sits empty and does not generate any income during the low season – it’ll cost you more money than it will earn you.
We recommend investing in locations where tourists and other visitors are present year-round. Such areas will have a consistent yet strong demand for Airbnb rental properties. Additionally, you want to make sure that the location has less supply in the form of hotels or other short-term rentals. This will assure that your rental will enjoy a high Airbnb occupancy rate. Naturally, Miami and San Diego are two of the best locations for buying an Airbnb investment property in 2019 because of the high demand. Following are some important figures on these two locations according to data from Mashvisor, a real estate data analytics company.
#1 Miami, FL
Median Property Price: $567,000
Airbnb Rental Income: $3,390
Airbnb Occupancy Rate: 56.5%
Cash on Cash Return: 2.7%
#2San Diego, CA
Median Property Price: $739,800
Airbnb Rental Income: $3,760
Airbnb Occupancy Rate: 58.5%
Cash on Cash Return: 2.4%
2. Beware Short-Term Rentals Regulations
Before buying a property to rent out on Airbnb in any location, real estate investors must check the laws and regulations regarding short-term rentals there. For one thing, some cities ban Airbnb rentals. Others allow you to rent out on Airbnb only if you’re the primary resident of the property. As a property investor, you may face legal issues if you choose to buy an Airbnb investment property in these cities. So, when you’re looking for the best Airbnb property, make sure it’s located in an Airbnb-friendly area where laws and regulations are not likely to affect your return on investment.
3. Investment Property Type
The best type of property to buy and rent out on Airbnb is the one that makes you the most money. However, this largely depends on the location, as well as the type of Airbnb guests you’re targeting. For example, if you’re interested in owning an Airbnb investment property to rent out to solo travelers or couples, then a condo or an apartment located in the city center is your best option. On the other hand, if you prefer to rent out to families or big groups of friends, it’s best to go with vacation homes or beach houses.
4. Check Your Budget and Expenses
Every rental property comes with costs and expenses that will affect your return on investment. While short-term rentals can definitely be profitable, they can also cost more. So, to find the perfect Airbnb investment property, you need to set a budget and break down your costs carefully. First off, property values are on the higher side, which makes it difficult to cover the higher mortgage payments during the low season. Besides mortgage payments, you need to factor in monthly expenses such as:
Furniture and utilities
Property management fee
Cleaning service fee
If these monthly expenses exceed your monthly rental income, it becomes easy to start losing money. So, again, the perfect Airbnb property for you is the one that you can afford and that fits in your budget.
5. Airbnb Performance Prediction
With a traditional, long-term rental, you get a fixed return in the form of rent every month. With short-term rentals, however, you’ll need to set a nightly rate and adjust it based on seasonality, special events, neighboring competition, and travel trends. Meaning, Airbnb property investors don’t get a fixed monthly return. This can make buying short-term rentals a risky investment, but you can reduce this risk with the help of Airbnb analytics.
Airbnb analytics helps real estate investors predict future outcomes, thus allowing them to make wise investment decisions with confidence. Essentially, Airbnb analytics provides data that help you analyze the returns and performance of properties based on:
Comparable Rental Income
Estimated Rental Expenses
Cash on Cash Return
Airbnb Occupancy Rates
With these 5 things in mind, you’re one step ahead in choosing that perfect Airbnb investment property!
If you’re looking for a profitable Airbnb rental property to buy, check out Mashvisor, a real estate data analytics platform which helps investors find lucrative rental properties in a matter of minutes. You will find readily available data and analysis of hundreds of thousands of properties across the US. Mashvisor turns 3 months of research into 15 minutes. Moreover, as an exclusive offer for readers of the Airsorted blog, you can now enjoy 25% off your first subscription.
Eman Hamed is a Content Writer at Mashvisor. With a focus on market reports, she enjoys researching the state of the real estate market in different cities across the US. Eman also writes about trends, forecasts, and tips for beginner investors to gain the confidence and knowledge they need to make wise decisions.