If you’re the owner of a property close to a holiday destination such as Madrid, you may have considered renting your property to visitors and tourists for some extra income. So what are the Benefits of Airbnb Renting?
Well, Airbnb is an excellent option for renting your property. This is because it has been growing exponentially in popularity since its launch. It’s recently become big enough to compete with hotels and even long-term rental markets!
If you’re unsure whether you should consider renting your property out on Airbnb, we’ve compiled a list of reasons why. These all point to it being a reliable and easy income stream for property owners who are part of a short-term rental managing agency:
One of the Benefits of Airbnb Renting is Flexibility
Since you will be in complete control of when your house goes up for rent, you can be flexible with the dates you want your property to be listed. For example, have an event that you require your property for just for the weekend in the middle of the busy holiday season? Then, you can easily make sure your Airbnb is unavailable on those days. Then you will have complete access to the property where necessary.
This is a major plus since long-term rentals often require a commitment that means you won’t have full control over how and when you rent your home; with Airbnb, this is not a worry!
What’s more, if you are part of a short-term rental managing agency such as Cherry Host, they can ensure that your property has a professional cleaning after each visit. So, if you find you will need your property soon after a visitor books in, you have the assurance that it will be clean and ready to use.
Airbnb Renting is hassle-free:
If you’re renting out your property alone on Airbnb, you will need to clean between visitors. This involves clearing out the fridge and kitchen shelves and making sure all your rooms are up to scratch for visitors. Including having the right materials such as bedside cabinets and wardrobes. You also want to ensure that you safely lock away anything on your property with sentimental value.
You may also consider an in-depth house guide. This can include details such as Wi-Fi, rubbish collection and appliance manuals so you don’t confuse your guests. All in all, if you have this guide ready and all the correct appliances and furniture for guests, you could be looking at a one-day cleaning turnaround between your visitors.
Working with a short-term rental managing agency can reduce your hassle even more. At Cherry Host, we will ensure that we clean your property in-between visits.
We will also carry out regular maintenance checks, replenish your stock after each visit, and improve the supply of electricity and internet. When you rent out your AirBnB with a short-term rental managing agency like us you can relax. You can put your feet up and let the guests come rolling in.
It Requires Simple Guest Management
With a long-term rental, you may have to be quite hands-on with your guests upon their arrival and during their stay. You will probably have to let them into the house, explain any key details and give them a contact number. All while making sure your service is great for a good reference in the future.
With Airbnb, you can work to keep your guest management to a minimum since they will only be staying for a short-term stay. Therefore this means there is less of an expectation from the property owners to have an active part in the renting process. Airbnb will already take care of that with the mediation. So long as you have a guide with all the information guests may need to know and a contact number, you will be ready to go with guest management. Another one of the benefits of Airbnb renting.
You can make guest management even easier by renting your property on Airbnb. A short-term rental managing agency is just the ticket for help. Rental managing agencies will take care of guest vetting to make sure that all your visitors will be respectful to your property. They will also install a smart lock that allows for smart check-in & check-out. This won’t require you to lift a finger to let your guests in when they arrive.
On top of all of this, short-term rental managing agencies can provide a 24/7 concierge service for your guests. They can also take care of the disposal of linen and toiletries and ensure that the guests have a great welcome.
When you rent out your property on Airbnb with a short-term rental managing agency, guest management will be a breeze!
Renting your property on Airbnb is an Easy Income Stream
Airbnbs usually list at a much lower price than hotels and alternative options for tourists. Despite that, you can make an easy and passive income by renting out your property. This is another one of the benefits of Airbnb renting.
Depending on the location and quality of your property, you can charge a fair price per night for the property. Airbnb will only take a 3% commission for hosts. By pairing up with a short-term managing agency, you can also cut fees and time on other elements. These include cleaning, maintenance, and other pertinent rental issues so that your income will be passive and simple.
How Do I Advertise My Property Well on AirBnB?
When listing your property, you should make sure you advertise your property with high-quality images and a good stay length. For example, if you make your minimum stay more than three days, you will likely be attracting more visitors than shorter stay windows.
While you can list your property by yourself on Airbnb, we recommend getting the help of professionals. This way, you can be sure your listing has all the most important aspects. Ones that will ensure a visitor is likely to book at your property.
For example, short-term rental managing agencies will ensure that your property has plenty of advertising. They will also make sure there is a full property audit that accounts for all the items in your property. They will also take care of booking arrangements and deal with any guest inquiries once the property is listed.
The Risks of Renting on Airbnb
One risk in renting out your Airbnb is damage to your property on harm to your guests. This is why it’s always essential to make sure you have a good insurance policy if you plan to rent.
Airbnb offers host protection insurance, but this will only cover third-party claims against you. Things such as someone getting harmed on your property. If you want to ensure damages are accounted for, then you need your own insurance. Regular home insurance may not cut it.
A short-term rental managing agency can ensure that your property is insured correctly against any damages. They can also even put you in contact with lawyers for legal advice should anything go wrong during your rental.
This is why renting your property on Airbnb in cooperation with a short-term rental managing agency is essential. It will make your rental experience easy and stress-free.
If you’re looking for a short-term rental managing agency to help you explore the world of Airbnb, please contact our team at Cherry Host with this link.
