Tips for renting out your apartment on Airbnb
Looking to rent out your home or apartment on Airbnb? Here are some quick pointers to ensure you success.
To maintain success in renting out your apartment through Airbnb, try and appreciate that there are millions of guests around the globe looking for a place to stay. The goal is to get them to stay at your apartment, not someone else's. A great way to accomplish this is to think like a visitor. What are the specifics they are looking for?
BUILD TRUST
Visitors want to feel comfortable and know there are no scams or secrets. Solve this by your reviews and ratings. It's the single most important aspect of potential future visitors. So always tell the truth about your place and the surrounding environments. For example, if your apartment location is near a busy street or next to loud club, don't hide it. Switch the wording and use it as an advantage to those precisely looking for that type of location. It's a win-win for everyone. No surprises and only positive reviews in the future.
RESPONSIVENESS
Try and respond to all inquiries. Let each potential customers know that you’re real and you care about their satisfaction. Provide extra details on top of their questions. Airbnb values responsive renters, and will reward your listing with higher placement.
NO CANCELLATIONS
Try not to cancel any trips. This is not good for search placement and your reviews will suffer. Building strong credibility off the bat will go a long way down the road.
HI-RES PHOTOGRAPHY
Photos are essential. Don't take them yourself. Hire a professional or use Airbnb photographers. If you're going to secure a high placement in searches, the photos will matter.
DETAILED DESCRIPTION
List all the amenities your apartment has to offer. Airbnb offers you the space to do so, so why not use it? For example, central AC, cable TV, bathroom accessories, hotel or closet safes, nearby restaurants, etc. If you were the visitor, what would you be interested in learning about your property?
Here are some additional, clever tips to maximize Airbnb for all its potential:
- Rent out your place as much as possible and back-to-back as well. Less intermission is better.
- Establish bookings far in advance to keep your occupation rate high.
- Consider hiring a decorator. A pro will advise on those subtle details that will make your house or apartment pop.
Before diving into all these tips in order to rent out your apartment on Airbnb, it's crucial to ask yourself relevant questions. What does your apartment have to offer? Does the visitor want to book your place because he or she is a traveler or because they are on business? Are they looking to splurge or save?
