Skip to content
Tuesday, Aug 9, 2022
offthegridmarketing offthegridmarketing

Our residential home

August 4, 2022

Top 5 Multigenerational Home Trends in San Diego, California

August 3, 2022

Real estate agent moves and news for July 16 | Real Estate

July 31, 2022

Real Estate and Construction News From Around NH

Primary Menu
  • Residential Panoramas
  • News real estate
  • Elite Housing
  • Apartment
  • Real Estate
  • Property
  • About Us
    • Advertise Here
    • Contact Us
    • Privacy Policy
    • Sitemap
  • Home
  • Making Your Listing on Airbnb Stand Out
Home Improvement

Making Your Listing on Airbnb Stand Out

June 11, 2022
Linda V. Selden
Read Time : 20 Minutes

Table of Contents

  • What Investors and Hosts Should Know Before Listing on Airbnb
    • It Is Not as Passive as an Income Source as Expected
    • Due Diligence Can Never Be Emphasized Too Much
    • Expect to Spend a Lot on Makeovers
    • Stocking up on the Basics Is a Must
    • Airbnb Needs to Earn, Too
    • Live by the Golden Rule
  • 5 Steps to Starting an Airbnb Business
    • 1. Look for an Ideal Location
      • Marrero, LA
      • Berkeley Springs, WV
      • State College, PA
      • McGaheysville, VA
      • Dundalk, MD
    • 2. Perform Due Diligence
    • 3. Pick the Right Property
    • 4. Ensure the Property Meets Airbnb Standards
    • 5. Get Your Property Listed
      • How to Delete a Listing on Airbnb
  • A Step-by-Step Guide to Listing on Airbnb
    • 1. Create an Account
    • 2. Fill Out the Sign-up Form
    • 3. Showcase the Property’s Amenities
    • 4. Use High-Quality Photos
    • 5. Prepare for Guests
      • House Rules
      • Pricing
      • Calendar
  • How to Make Your Airbnb Listing Stand Out
    • 1. Invest in a Good Professional Photographer
    • 2. Be as Detailed and Accurate as You Can With Your Description
    • 3. Update Your Listing Regularly
    • 4. Be Quick to Respond to Queries
    • 5. Offer Family-Friendly Options
    • 6. Create a Professional Looking Profile
    • 7. Provide Welcome Gifts to Your Guests
  • Wrapping It Up

It takes more than just listing on Airbnb for a vacation rental business to thrive. You need to make your listing stand out from the rest.

Table of Contents

  1. What Investors and Hosts Should Know Before Listing on Airbnb
  2. 5 Steps to Starting an Airbnb Business
  3. A Step-by-Step Guide to Listing on Airbnb
  4. How to Make Your Airbnb Listing Stand Out
  5. Wrapping It Up

Most people think that once you’ve already launched your short-term rental business off the ground, you’re pretty much set. But that’s far from the truth. There is no autopilot mode when operating a vacation rental business. More than just listing your home on Airbnb and doing the legwork to keep the operation running smoothly, you also have to think strategically about improving your visibility on the platform. 

Related Posts:

  • CMA Template: How to Make Your Very Own

You may operate the best Airbnb property ever in the history of mankind, but if your listing is just blending with the countless other options online, it will not reach its fullest income-generating potential. 

What Investors and Hosts Should Know Before Listing on Airbnb

Starting a rental property business is a big deal. You need to consider several things before you take the dive. For those who are serious about it, here are a few things to know before listing your home on Airbnb:

It Is Not as Passive as an Income Source as Expected

People tend to think that after you launch a rental income business, you can just kick back, relax, and enjoy the ride. How we wish it were so, but it doesn’t work that way in the real world. There is nothing passive about running a rental property business, especially short-term rentals. 

It will require lots of time and energy on the host’s end. Between responding to messages, maintaining the property, and working on accounting, running an Airbnb business is hard work. 

Due Diligence Can Never Be Emphasized Too Much

Any smart investor or business owner knows that information is vital to the success of a particular investment or business venture. While financial capacity plays a significant role in owning an Airbnb or Airbnb Plus property, obtaining the right information and accurate real estate market data is equally important. 

Before making any final decisions, an investor should perform extensive research and rental market analysis to get a better understanding of what the market offers. It will determine whether or not a specific location is worth investing in. 

Expect to Spend a Lot on Makeovers

Whether you presently own a house that’s ideal for a vacation rental or you’re searching for income properties for sale, expect to spend a lot of money on home improvements. For rental property owners considering listing on Airbnb, understand that the platform imposes strict requirements. 

Investors, especially first-time rental property investors, typically look for undervalued properties as they are a lot cheaper than turnkey investment properties. Generally, undervalued properties undergo home improvement projects to make them a good fit for the investor’s goal. But regardless of whether they’re intended to be flipped or converted into rental properties, it will cost an investor a significant amount of money to fix them. 

Stocking up on the Basics Is a Must

More than just providing guests a clean and comfortable place to stay, hosts and investors should also keep the property stocked up on basic supplies. They include kitchen supplies, toiletries, linens, and other essentials needed to run an Airbnb rental. 

Airbnb Needs to Earn, Too

Listing on Airbnb will cost you. To ensure that the services Airbnb provides are top-notch, the platform collects certain Airbnb fees from both hosts and guests. 

So how much does Airbnb take? 

Airbnb charges hosts a flat 3% service fee of a booking subtotal. By subtotal, we mean the initial nightly rate plus other fees like cleaning fees and additional guest fees where applicable. Guests, on the other hand, pay a 14% service fee of the subtotal. 

For instance, if you’re charging $1,000 for a five-night stay plus a $50 cleaning fee, your subtotal is $1,050. Airbnb will collect 3% of your subtotal (approximately $31.50) as part of the host service fee. About 14% of the subtotal will be charged to your guest (around $147) and will be included in their payment. As the host, you get to earn $1,018.50 while your guest pays a total of $1,197.

Live by the Golden Rule

A good Airbnb host always keeps customer experience a priority. The best Airbnb hosts and Superhosts almost always get great reviews and feedback because they live by the Golden Rule. They realize that a successful rental property business entails putting themselves in their guests’ shoes. They go the extra mile to make sure that they give their guests the best possible experience that they would like to get if the shoe was on the other foot. 

Related: What You Need to Know Before Starting an Airbnb Investment

5 Steps to Starting an Airbnb Business

Now that we’ve laid down what investors should know about short-term rental businesses, let’s talk about how to start an Airbnb. The following are six simple steps to launching your own Airbnb business. 

1. Look for an Ideal Location

The very first thing any prospective rental property investor should consider is location. Any wise investor knows how important location is in real estate investing. According to the real estate analytics website Mashvisor, here are the top five locations for Airbnb as of May 2022, arranged from the highest to the lowest cash on cash return: 

Marrero, LA

  • Median Property Price: $270,960
  • Average Price per Square Foot: $120
  • Monthly Airbnb Rental Income: $4,886
  • Airbnb Cash on Cash Return: 9.46%
  • Airbnb Cap Rate: 9.68%
  • Airbnb Daily Rate: $239
  • Airbnb Occupancy Rate: 56%

Berkeley Springs, WV

  • Median Property Price: $363,270
  • Average Price per Square Foot: $188
  • Monthly Airbnb Rental Income: $4,161
  • Airbnb Cash on Cash Return: 8.33%
  • Airbnb Cap Rate: 8.53%
  • Airbnb Daily Rate: $208
  • Airbnb Occupancy Rate: 68%

State College, PA

  • Median Property Price: $515,089
  • Average Price per Square Foot: $253
  • Monthly Airbnb Rental Income: $6,452
  • Airbnb Cash on Cash Return: 8.30%
  • Airbnb Cap Rate: 8.45%
  • Airbnb Daily Rate: $535
  • Airbnb Occupancy Rate: 43%

McGaheysville, VA

  • Median Property Price: $375,025
  • Average Price per Square Foot: $212
  • Monthly Airbnb Rental Income: $4,447
  • Airbnb Cash on Cash Return: 8.17%
  • Airbnb Cap Rate: 8.36%
  • Airbnb Daily Rate: $318
  • Airbnb Occupancy Rate: 55%

Dundalk, MD

  • Median Property Price: $310,858
  • Average Price per Square Foot: $215
  • Monthly Airbnb Rental Income: $3,687
  • Airbnb Cash on Cash Return: 7.90%
  • Airbnb Cap Rate: 8.14%
  • Airbnb Daily Rate: $159
  • Airbnb Occupancy Rate: 62%

 Of course, there are still countless places that are great for an Airbnb business. You just need to do your own research to find a market you’re interested in and comfortable with. 

To learn more about how Mashvisor can help you find profitable investment properties, schedule a demo now.

2. Perform Due Diligence

We’ve already discussed the importance of performing due diligence. A serious investor knows that possessing the right information and data will lead them to make better investment decisions. Know what the market can offer. Find out the local regulations on short-term rental properties. Use real estate comps and rental comps to your advantage. 

To help you, we recommend using a website like Mashvisor to spot the best deals you can find in your chosen market. It’s been a helpful platform for thousands of investors looking for the right properties. The platform gives users access to a wide range of real estate market data and investing tools to make the process a lot easier. 

Listing on Airbnb - Due Diligence

Real estate nvestors must also perform due diligence to better understand what the market can offer and make informed investment decisions.

3. Pick the Right Property

Once you’ve done your due diligence, it is now time to pick the best property that lines up with your investment goals. If you did your homework, the most profitable rental properties would stand out for you. All you need to do is perform a rental property analysis for the ones you’ve shortlisted to find the right property for you. 

Related: A Successful Airbnb Business Starts With the Right Property

4. Ensure the Property Meets Airbnb Standards

So let’s say that you’ve already purchased the property. Now it’s time to prepare it to be rented out as a vacation rental property. 

First, you need to spruce up the property to make it fit for guests. Next, you need to ensure that it meets Airbnb’s standards for hosting. In order to do so, you need to make certain updates on the property. It also includes adhering to the platform’s health and safety requirements. In light of COVID-19, Airbnb came up with a set of safety practices to ensure guest safety. 

Once you’ve met the platform’s standards, you may now proceed with listing on Airbnb.

5. Get Your Property Listed

Listing on Airbnb is pretty straightforward. Assuming that you’ve already qualified as an Airbnb property, all you need to do is create a new listing. Keep in mind to use top-quality photos for your listing. Make sure to also write out a detailed description of the property and the services you offer. Be as accurate and informative as possible. 

How to Delete a Listing on Airbnb

On the flip side, if you want to delete a listing on Airbnb, just go to your listing and click Edit. Click Deactivate Listing under the Listing Status and just follow the instructions. 

You may snooze, unlist, or deactivate your listing on Airbnb anytime. Just remember that when you do any of these things, you will stop getting bookings, which will affect your rental income. 

Related: How to Start an Airbnb Business

A Step-by-Step Guide to Listing on Airbnb

Let’s talk a bit more about listing on Airbnb. Here are a few tips for listing on Airbnb:

1. Create an Account

If you don’t have an account with Airbnb yet, you can easily create one for free. Just visit Airbnb’s sign-up page and click on Get Started. It will ask you to register using your Google, Facebook, or e-mail account. 

2. Fill Out the Sign-up Form

From the sign-up page, fill out the necessary information, such as your location and property details. You can pin your location or type in the specific address.

3. Showcase the Property’s Amenities

In your description, be sure to include your property’s amenities. Other than it is required by law, guests looking for accommodations are most likely to have confidence in a property with safety features. 

Smoke detectors. Carbon monoxide detectors. Fire extinguishers. Door locks. Safety cards. First aid kit. They are the safety features that increase guest confidence and make a place more attractive.  

If you also offer other amenities like a swimming pool, hot tub, gym, exclusive parking, or elevators, be sure to include them all in the description. 

4. Use High-Quality Photos

We cannot stress enough how important it is to invest in high-quality photos for your listing. Potential guests look at photos more than they read the descriptions. No matter how well you put together your description, if you don’t include photos that stand out, chances are folks will just scroll past your listing. 

5. Prepare for Guests

Once you’ve done all of the above, the final step is to set up your house rules, prices, and calendars. 

House Rules

Set your house rules to let people know what their restrictions and responsibilities are when they book your property. Is the place ideal for families with young children? Are pets allowed on the property? Is it okay to smoke on-site? Do you have a lights-out rule? Setting house rules is also a good way of filtering out potential bad guests from renting out your property. 

Pricing

Airbnb gives hosts the benefit of adjusting their rates however they want to. Such flexibility can be used to increase (or decrease) rates according to demand. You may set your pricing to adjust to demand (within a range that you set) or offer fixed rates, depending on how you want it. You may also offer discounts, which are a great way to attract more guests. 

Calendar

As an Airbnb host, you have the benefit of setting up your calendar according to your preference. Keep your calendar settings updated regularly, so you only get bookings that work in accordance with your schedule. 

How to Make Your Airbnb Listing Stand Out

You’ve made it this far. Great! It shows how serious you are about boosting your Airbnb visibility. It takes more than just listing your property on Airbnb to make potential guests take notice of it. You need to be strategic and purposeful with your listing. Here are a few practical tips on how to make your listing more visible on Airbnb:

1. Invest in a Good Professional Photographer

Investing in a photographer might cost you a little extra, but it will give you excellent returns in the long run. Listings with high-quality photos tend to attract more guests, which leads to more bookings and higher income. A professional-grade photo can easily capture the essence of your property more than your words can. It will make your listing pop out from the others and draw more queries about your property. 

2. Be as Detailed and Accurate as You Can With Your Description

Now, just because you took the best photos doesn’t mean you can slack off in the property description department. The two go hand in hand. 

A good property description is not only detailed but honest. Do not be pretentious with your listing. Don’t try to pass it off as a luxury vacation rental when it’s not. Be as detailed and as accurate as you can about your property. 

You may also include nearby public features, such as restaurants, grocery stores, public parks, and other similar things that can boost their Airbnb experience. 

3. Update Your Listing Regularly

When filling out details for your Airbnb listing, be sure to complete all sections. A complete listing on Airbnb is more likely to get more bookings compared to ones that are incomplete. Guests are more attracted to listings that provide all the information they need upfront. 

That being said, any changes in rules and policies need to be updated on your Airbnb listing. If any home improvements were made, be sure to upload new photos to show potential guests what the new and improved property looks like. Even if you just decorated for the holidays, keep your listing updated always. 

4. Be Quick to Respond to Queries

Airbnb’s algorithm is set up in a way that it gives hosts with a stellar performance and ratings greater visibility. One of the ways to get a high rating is by responding to messages in a timely manner. Guests don’t want to wait forever to hear from a host about an inquiry. A host who is quick to respond makes potential guests feel valued and are more likely to attract bookings. 

5. Offer Family-Friendly Options

Adding family-friendly features to your listing on Airbnb can help boost your visibility on the platform. Having stuff like high chairs, baby gates, board games, mattresses, and some toys (both for kids and pets) will make your property more attractive to potential guests with families. 

6. Create a Professional Looking Profile

Guests typically check out host profiles before they make any final decisions. Your profile makes you connect with your guests in a personal way. An Airbnb host profile that is put together well can increase confidence in you and your property. Attach a good quality photo of yourself on your profile along with a short honest description of yourself. 

Remember that your profile is an opportunity to make a good impression, so make it count. 

7. Provide Welcome Gifts to Your Guests

It’s one thing to welcome guests to your property. It’s another to make them feel welcome. Make your guests’ experience unforgettable by providing them with free welcome gifts. Not only is it a great way to make an impression, but it’s also an expression of your appreciation that they booked your property. Adding a personal touch will encourage them to leave a positive review after their stay. 

Wrapping It Up

Making your listing on Airbnb stand out is an excellent way to improve your occupancy rate, ultimately leading to a higher monthly rental income. However, even if you’re a wiz at coming up with the best listings, that’s just half the battle. The other half is still all about finding the right rental property with the best potential for profit. 

Investors will do well to use technology to their advantage and work with a website like Mashvisor. The real estate platform specializes in helping property investors locate the best and most profitable properties in a market. It gives users access to updated market information, the latest rental comps, and the most efficient real estate investment tools. They make research and analysis a lot easier and faster compared to the traditional way of doing things. 

To find more information about Mashvisor, click here to sign up for a 7-day free trial now, followed by 15% off for life.

Tagged in : C J Real Estate C.F. Real Estate C&M Real Estate C&R Real Estate Services D Real Estate Appraiser D Real Estate Daily D Real Estate Logo D'Arcy Real Estate D'Ettorre Real Estate D&B Real Estate E Real Estate Agency E Real Estate Agents Act 2008 E Real Estate Corp E Real Estate Depot E Real Estate Depot Mission Tx E Real Estate Llc E Real Estate Logo E Real Estate Meaning F Real Estate Developer F Real Estate Logo F Real Estate Management F Real Estate Words F&C Real Estate Investments F&G Real Estate H&F Real Estate M&D Real Estate Real Estate Data Real Estate Definition Real Estate Degree Real Estate Desoto County Ms Real Estate Developer Real Estate Development Consultant Real Estate Dyer County Tn Real Estate Dyersburg Tn Real Estate Etf Real Estate Exam Prep Real Estate Exam Questions Real Estate Express Login Real Estate Express Reviews Real Estate Fayette County Tn Real Estate Florida Real Estate For Dummies Real Estate For Sale Real Estate For Sale Memphis Tn Real Estate For Sale Near Me Real Estate For Sale Oxford Ms Real Estate Forecast 2022 Real Estate Germantown Tn S&D Real Estate

Related Articles

May 29, 2022

J.D. Power Releases 2022 U.S. Home Improvement Retailer Satisfaction Study

July 10, 2022

What Is Seamless Gutter? | Seamless Gutters Cost

May 14, 2022

The Home Depot Announces $150 Million Venture Capital Fund to Fuel Innovation in Retail and Home Improvement

Post navigation

Previous Previous post: Florida Attorney General: ‘Beware of new scam offering free gift for paying bill on time’
Next Next post: More than 100 NYC real estate professionals accused of discriminating against renters with government-issued vouchers

Recent Posts

  • Sniper Elite 5 Season One begins with a new mission and more weapons
  • Top 10 Fastest Growing Cities in California
  • Deaths of sisters in Sydney apartment “not a random crime,” realtor says
  • How to Check for Mold Before Purchasing a Home – RISMedia’s Housecall
  • McLennan County poised to set property taxes at no-new-revenue rate | Local Govt. and Politics

Archives

  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • November 2018
  • October 2018
  • January 2017

Categories

  • Apartment
  • Elite Housing
  • General
  • Home Improvement
  • News real estate
  • Property
  • Real Estate
  • Residential Panoramas

citratextile.com

bayar.ooo

buybacklinks

09c4b4c6a4381ca6a3af449163783335a47073bc 

Visit Now

top fashion brands

Partner Links

Intellifluence Trusted Blogger

BL

TL

toyota malang

water damage restoration las vegas

scorpion pest control las vegas 

offthegridmarketing.com All rights reserved Theme: News Base by Themematic
Saturday June 11, 2022
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT