What is Airbnb Property Management?
Make your investment property a wealthy reality
Many property investors are turning to short-term rental to increase their return compared to long-term leasing. The Canberra market is proving to be a lucrative direction to point your investment property, with the need for short-stay more prevalent than ever. A growing tourism sector beckons accommodation availability, and homeowners are seeking to take advantage of this. While the idea is an exciting prospect, it can be tiresome to manage the components of a successful short-stay property on your own.
Cue Airbnb property management… a tool provided by services like Guested to take all the hassle out of doing it yourself and making a seamless and valuable experience for you.
Let’s slide into the comfortable slippers of the Airbnb property management journey…
It goes without saying the minimal effort, high return model allows investors to reap the benefits without lifting a finger – which is a favourable incentive. Ability to heighten prices when in demand proves to be quickly beneficial say at a time like school holidays or Christmas, but even so the standard nightly rate is incomparably greater than that of long-term leasing. Not to mention, owners have complete flexibility to stay at their property whenever they wish.
After you have consulted with your property manager you begin the stage of getting your property ready for listing. Visitors want to be impressed and this is at the forefront of a property managers mind. The ease of professional styling, photography and copywriting makes this step feel like a Sunday afternoon and presents a finished product dripping in charm and class.
Like the team at Guested with decades of real estate experience, PM’s utilise their know-how to best position your investment, giving you an upper hand in achieving success. Data-driven pricing and decisions guided by market analysis entrusts your property will be placed in that sweet spot for maximum return.
Putting high importance on the guest and owner experience, Airbnb property managers ensure hotel-quality service. Firstly, they take the hassle out of admin; handling bookings, queries and a guest support line, guest screening, key hand over and payments - just to begin with.
Now the listing is up and running, generally across big hitters like Airbnb, but you can get even more of an edge by extending audience reach. At Guested they broaden advertisement across ten major platforms, including Airbnb, Expedia, Booking.com, Stayz and MadeComfy just to name some. This covers enormous bases and gives traffic every opportunity.
For an added touch of luxury, fresh quality linens are supplied between stays, as well as making sure basic toiletries and other products are always stocked. But why stop there? Upon sign up with services like Guested, the property receives an initial deep clean which then become ongoing in a quarterly schedule, and of course professional cleaning between stays.
Maintaining the finest showcase of a property is essential, with repairs and maintenance immediately actioned. This fine attention to detail gives visitors a lasting impression and assures functionality of properties are always in check.
If not for the ability to have an easy second income with leasing out through short-stay, then the ease of having it all managed for you by professionals should be a point of difference. As the owner, you will have complete transparency over your rental, so you can know what is going on at all times. Consequently, with the clear vision of your property’s progress, you will also have the delight to see the profit margin increase exponentially.
Begin your short stay journey with Guested.