5 Tips For Running A Stellar Airbnb

5 Tips For Running A Stellar Airbnb

If you’re a property owner you’ve likely considered renting any extra space you have as an Airbnb. Airbnb is an increasingly popular resource for both travelers and those who are relocating to a new town or city to get settled without having to pay the sky-high rates that would normally come along with other living accommodations like motels and hotels.

Below, The Fay Group goes over a few ways to make your Airbnb rental stand out among the rest of your competition in the area.

1.) Create an Attractive Listing

It’s tremendously important to put your best foot forward when presenting your rental space to a potential guest. First, make sure that you can eloquently describe all of the amenities you have to offer.

Highlight certain essential features (if applicable) such as:

  • Air conditioning/Heat
  • Kitchen accommodations
  • Security
  • Smart technology
  • Upgrades to property
  • Washer/dryer
  • Wifi

Make sure to take plenty of photos that both present your property in an attractive light while also being as transparent and honest as possible. You do not want to promise a certain experience that you might not be able to deliver. This will help create a good relationship with your guests and set you and the tenant up for success.

2.) Think About the Extras

If there is anything extra you can provide to your guests, this would help set your property apart from others. If you have a fully-stocked kitchen that is available for use, make sure to provide this information and highlight it upfront. Guests appreciate the little things, like snacks in the kitchen and toiletries in the bathroom.

Some extras that you may want to include:

  • Books/magazines
  • Fresh Flowers
  • Local treats
  • Books/Magazines
  • Netflix
  • Welcome basket

Although you are not obligated in any way to provide such extras, people will remember and mention this sort of thing when they leave you a review.

3.) Create a Clean and Welcoming Space

Since renting your space on Airbnb is a business endeavor, it’s tempting to try to maximize your return on investment. However, by investing resources into your property, you can make your guests feel more at home. Pay attention to things like interior decoration.

While you probably don’t want to cram your space with family heirlooms and valuables, it’s a good idea to have items like:

  • Artwork
  • Bedding
  • Plenty of towels
  • Lamps

…not to mention a variety of cleaning products for your use and the guest’s use.

Take extra time to make sure your space is immaculately clean. Anything less and you can end up getting a poor review, which will hurt your chances of attracting new guests. If you have a guest that signs up for a longer stay, it’s a good idea to clean the space once a week.

4.) Be a Good Source of Information

One great way to set yourself apart on Airbnb is to provide valuable information to your guests about your region and local attractions within your community.

Some local attractions that may be worth mentioning include:

  • Concerts
  • Festivals
  • Community amenities
  • Museums
  • Sports
  • Tours

If your guests ask you a question or for more information, try to be as responsive and helpful as possible. You want to make sure that your guest has an amazing experience, that they will remember and talk about.

5.) Set a Fair and Reasonable Rate

Take a good look at similar properties in your area and how much they charge for a night, a week, and even a month. One way for you to increase your number of bookings every month is to provide your rental at a lower rate than the competition. Of course, you don’t want to sell yourself short by any means, but if you can bring your price down $10-$20 for a night and/or $100 or more for a month, you’re likely going to attract more guests.

If you have any questions about maximizing your Airbnb experience and earnings in Maricopa County, AZ, or if you’re looking to buy a property to list on Airbnb, contact The Fay Group today.

We have a long and proven track record of success and we will help make sure that your real estate dreams become a reality.