Opening the doors of your home on Airbnb is a great way to make some extra money, especially when you’re not using the property. There’s minimal work you have to do outside of regular maintenance around the property. Plus, you will have access to the Airbnb support system for any type of issues you may face. Despite the fact that maintaining an Airbnb property isn’t too difficult, the truth is that some hosts have full-time jobs that prevent them from coming to check the property as often as they’d like. If this is an issue you’re facing, it may be better to outsource the management work to an agency.
In this article, we’ll talk about what Airbnb management services do and what you can expect when you work with one. With that said, let’s get to it.
What can an Airbnb management service help with?
There are a variety of services that an Airbnb management service can provide. Some of the things on offer can include:
24/7 concierge service
Key repair and exchange
Pricing adjustments according to the market trend
Laundry, linen and cleaning services
General property maintenance
By using these services, you will be able to free up a considerable amount of time to spend doing other more important things.
How do these services charge?
Most Airbnb management services charge a flat monthly payment that includes all the features they offer. Others may split their services up from regular and premium plans depending on the client's needs. You can also find services that work based on commission, as these may help you find guests as well. They can charge anywhere between 10% to 40% per client per night, depending on the services they offer.
Therefore, it’s imperative that you work with a management service that understands your needs and provides you with all the services you are looking for. Always check for their credentials before working with them, as there are many sub-par businesses out there that are looking to scam Airbnb hosts out of their money. It’s important that you learn how to separate these low-quality services from the genuine one to ensure that you get the most out of every dollar you spend.
They will take care of the guests for you
An Airbnb management service won't be a complete one if they don’t take care of the guests on your behalf. This is half of the reason why hosts hire these services in the first place, so it’s crucial that the agency you’re working with is willing to cater to the needs of your guests. They should be the first line of contact with the guests, asking them about what they need during their stay. This will help to improve the guests’ satisfaction levels, which will make your location more profitable as a whole. Plus, they can keep you informed throughout the whole process, so you will never feel excluded from the overall operation.
If you’re looking for an Airbnb management service in Toronto, Air Busy Bee is here to help - get in touch today!