How to Become an Airbnb Co-Host

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Airbnb Hosting and Short Term Rental Tips

Жыл бұрын

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Are you already a host for your own Airbnb? If you have multiple properties, you might think you have the systems needed to be a co-host for someone else. Other hosts may reach out to you to manage their Airbnbs. Here’s everything you need to know about becoming an Airbnb Co-Host and what to include in your contract with new clients.
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Пікірлер: 48

@ThanksForVisiting 26 күн бұрын

What is your hosting style? Take our quiz and find out! thanksforvisiting.com/quiz

@ginasmyhealthymealz4u90 Жыл бұрын

Very informative video. I have been researching for a few days now. Glad that I found your video.

@Sleepapnearain Ай бұрын

👀 how’s it going?

@aneels7796 Жыл бұрын

Can you do a video on how you find home owners and present yourselves to them to host their home?

@ThanksForVisiting Жыл бұрын

We'll have to put that idea into our think tank and see if want can come up with specific actionable items. 1- We talked about hosting a lot on social in our stories and posts. This is how I landed one of our biggest properties. 2- Local meetups are great! We were going to small business meetups, real estate, investing, etc and just started running into the right people.

@vlonecat4352 10 ай бұрын

Great video thank you

@ThanksForVisiting Ай бұрын

Thank you! We share new videos every Monday & Thursday. Are you an Airbnb host?

@imporiomedia956 8 ай бұрын

Great info! Thanks for sharing. I think it’s great to know the hard truth at the beginning and prepare for it. Do you offer training/mentoring?

@ThanksForVisiting 5 ай бұрын

We sure do! You can sign up for our workshop here! thanksforvisiting.com/workshop

@fresh2354 Жыл бұрын

Very informative video ladies 🔥

@ThanksForVisiting Ай бұрын

Thank you! We share new videos every Monday and Thursday!

@user-ci5si8jz5h 3 ай бұрын

Very Amazing video

@ThanksForVisiting 3 ай бұрын

Thank you, we're glad you're here!

@GELATINOUSORBZ Жыл бұрын

Great video. I am trying to decide if i should create my clients listings on airbnb and vrbo under my own account and own the listings or have the client create their own accounts and i become co-host/primary. How would i go about having my client create the accounts? If they own them as hosts they will pay the percentages to the platforms plius my fee. Thats my concern.

@darianamendola7153 Жыл бұрын

Curious what you ever did about this situation!!

@Sleepapnearain Ай бұрын

👀

@ThanksForVisiting Ай бұрын

Our strategy is to have our owners create the accounts with their listing and add us as cohosts (on Airbnb). That strategy does not work for VRBO. As far as the accounting side, that depends on how you have your invoicing and revenue collection setup.

@KellyJones-yl5ev Жыл бұрын

I'm curious how do you structure the payments? Does a co-host get paid a percentage of gross, if so what is typical? If not, what are the other ways it can be structured?

@ThanksForVisiting Жыл бұрын

The 'industry' standard is 20-30% of the gross ADR. We may have to make this a video, bc there are several different options!

@dchambers9548 11 ай бұрын

HI! I am a co-host for 4 properties. 3 of them are my husbands and his son's. They started paying me 10% (and my husband helps me do some things) and now are paying me 12% after the first few months because I do a great job. I've been doing it for 22 months and I took on my neighbors. My question is around my invoicing: I take the CSV from Airbnb and put it into a Numbers spreadsheet. They want me to be paid on the Gross, minus the housekeeping fee, minus the Host Fee, minus the Occupancy Taxes. Is this right? Invoicing has been the worst of this job. Please help or let me know if anyone has ideas around this. Thank you! Denise@@ThanksForVisiting

@user-ys1ey6rp5u 6 ай бұрын

@@dchambers9548 wondering how you ended up doin it, are you getting paid from gross or after all those deductions (TAX VAT, HOST FEE, Etc.) I'm not understanding the CSV :s, can you share your spreadsheet on how you are billing the host?

@ericacarrie6408 10 ай бұрын

Hey, how do you effectively payout your hosts as a cohost? Do you list all their listings under your account and pay them out monthly?

@ThanksForVisiting Ай бұрын

There are different strategies for this, and they are all contingent on the laws in your state. A lot of states require you to be licensed real estate agent in order to collect the revenue and pay them out (trust accounting). Or they can collect, and you can invoice each month. Are you a cohost?

@michaelcrawford8061 Жыл бұрын

How many properties is a realistic number to co-host at a time?

@ThanksForVisiting Жыл бұрын

The number varies wildly! Are you doing this all on your own for do you have a team?

@hafizibrahim1232 14 күн бұрын

i am looking for co-host faculty. i also have experience.

@ThanksForVisiting 12 күн бұрын

A great place to look is in your local hosting communities on Facebook! You can always post about your service offerings there :)

@user-pe8qq2gz2e Жыл бұрын

How Could I become a Co Host? and How I can find owner looking for one ?

@ThanksForVisiting Жыл бұрын

Becoming a co-host has different requirements based on your state, county, and city. In some you have to be a licensed real estate agent, others you don't. You'll have to look up you local regulations to be sure! If you are personally a host for your own properties thats a great start. That way other owners get to see the track record of reviews you've generated. Aside from that, attending local real estate meetups or short term rental meetups is a great place. Once you start getting in the room with the right people, you'll find opportunity!

@CieAllmanScott 5 ай бұрын

Help- I am a property owner and my HOST is steak ling from my percentage! How can I handle this FAST?

@ThanksForVisiting 5 ай бұрын

In our HBMM course, we talk all about how owners, hosts, and property managers can build relationships and trust! We have a great hosting hot tip about this - check out episode 282 of our Thanks For Visiting podcast!

@obeymarco916 Жыл бұрын

Negative Nancies. The information is there but let's start working as a team and not scare people away from Co-Hosting with Airbnb. It's such a fantastic way to begin your Airbnb journey, the good is always going to outweigh the bad if you BELIEVE it.

@ThanksForVisiting Жыл бұрын

SO TRUE! We don't want to scare anyone away from Co-Hosting. We just want everyone to be protected, the owner an co-host. There are too many times that both parties rush into it because quick money is the leading factor. Our goal is to help host and co-hosts build reliable businesses that help them avoid the pit-falls of rushing in too fast.

@hugocalvo8287 Жыл бұрын

@@ThanksForVisitingyou all did an excellent job of explaining the truths I wasn’t scared at all. Some people can’t handle reality. 😅

@alignedart Жыл бұрын

Just a basic question, why would an owner want a co-host?

@ThanksForVisiting Жыл бұрын

Many owners are not full-time real estate professionals or hosts. A Co-host is great if you have a full-time job, family, and still want that flexibility. There are so many things you get with a co-host: Training, systems and softwares, hospitality experience, and other insights into running a short term rental.

@Bahar-rahimi Ай бұрын

If airbnb is illegal in the country that I live, can I do co-hosting in another country without living there ?

@ThanksForVisiting Ай бұрын

You probably can! A lot of hosts hire virtual assistants to help with communicating with guests!

@chefchevy Жыл бұрын

where do i get contracts?

@ThanksForVisiting Жыл бұрын

We have sample contracts is our Membership program. We advise that all of our members take the contract and look it over with an attorney that they trust!