Airbnb Management Service: Is It Right For Me?
Let’s face it, as an Airbnb host, you‘re a small business owner. You’re CEO, CFO, CMO, and everything else all rolled into one.
A one-person army of sorts. But know you’re not alone, as there are over 2.3 million Airbnb listings worldwide. So, you’re in good company!
As manager of your own business, you are always on the lookout for ways to improve, automate, and simplify your daily routine.
Therefore, you invest in your business, because you understand the return a good business investment can have on your bottom line.
One of those investments is Airbnb management, a service provided by many new companies that can not only increase profits, but free up your time to do more important things.
Let me explain.
Airbnb Management: How Much Time Do I Spend Hosting?
First off, and this is a question I get a lot, is how much time do hosts typically spend managing their Airbnb property? This helps people decide if Airbnb management is right for them.
So let’s do a little math.
Assume that you get one Airbnb guest per week. On average, stays are 2-3 days in length let’s say.
It’s fair to say that hosts spend about 2 hours cleaning after a guest leaves. So that brings us to 8 hours.
Now, consider that you need to prep before a guest arrives, correspond with them, meet them to exchange keys, and deal with ongoing communication with the guest throughout the stay.
Let’s be generous and give this 2 hours per stay, although you could spend more depending on the guest.
That brings us to 16 hours a month. This is very conservative for Airbnb management, as most hosts welcome more visitors than this.
Add in one more rental period per week, and you’re looking at a 30-40 hour per month commitment.
Now, for some, this is a part-time job that they enjoy because they like doing things like interacting with guests and managing their property.
But many don’t, and this is why Airbnb management as a service has become so popular.
Most good businesses understand that once you’ve established your processes, separating you from your income stream is critical.
Airbnb Management: A Breakdown
Airbnb management from companies like Host Kick provide a suite of services to Airbnb hosts. These include, but are not limited to, handling guest inquiries and correspondence, bookings, cleaning, marketing, and pricing optimization.
As a host, you know how much time this can take. Airbnb management companies can handle all of these tasks for you, from guest check-ins, to cleaning, to handling complaints and late night inquiries from needy guests.
But there’s more.
Airbnb Management: Pricing
Airbnb management companies like Host Kick offer a pricing optimization feature.
These dynamic pricing tools consider a number of external factors, such as seasonality, your market, and comparable listings, to develop tailored pricing for your listing.
Dynamic pricing strategies are crucial in today’s age of algorithms and big data, and will in turn make you more money.
Airbnb Management: Interactions
When you hire an Airbnb management company, no longer will you need to field inquiries at all hours of the day from guests.
One of the most important considerations for any Airbnb host is responsiveness. Are you available at all times to respond to a guest? Because your future rating depends on it!
When you hire an Airbnb manager, their team of experts is paid to be immediately responsive to all questions and complaints at all hours.
Airbnb Management: Local Market Familiarization
An Airbnb management company like Host Kick is also familiar with your local market. We provide local advice for your guests because we know the city!
Host Kick is currently available in Montreal, Toronto, and Vancouver, but is rapidly expanding into new markets.
Airbnb Management: Free Up Your Time
At Host Kick, our Airbnb host clients spend less than a few hours a month on their small business thanks to our Airbnb management services.
This gives them the time and flexibility to do the things they want to do, rather than the things they feel like they have to do.
Automation Through Airbnb Management
So, is Airbnb management right for you? Let’s find out:
- When cleaning your property do you wish you were doing something else?
- Are you open to dynamic pricing models to help increase your Airbnb income?
- Would you be less stressed if a professional customer service agent handled communications with your guests?
- Do you hate doing laundry?
If you answered yes to any of these, then Airbnb management is worth exploring.
By automating the management of your Airbnb property, you will no longer need to worry about the daily grind of check-ins, cleaning, fielding questions, guest problems, and changing sheets.
Partner with Host Kick and explore our Airbnb management services today.
Our goal is to free up your time and increase profits. Why not give Airbnb management a try?