You've got extra real estate, and you want to make money by using it as a vacation rental. It's a great idea, but many people are lost when it comes to turning that idea into a reality. Among the many hurdles you'll face when trying to rent out your vacation property is attracting interested vacationers to your property. That's where Airbnb comes in for most.
It's hard to ignore Airbnb's remarkable functionality. Its streamlined platform offers more than four million vacation rental listings around the world, with nearly 500,000 stays booked each night. That's a platform that can work for you; if done correctly! At MINNeSTAY, optimizing your listing on rental platforms like Airbnb is a vital component of our rental management offerings. Listing vacation property on Airbnb seems like an excellent idea, but let's break down the pros and cons of listing your vacation property on this sleek platform.
The Cons of Listing Your Vacation Property on Airbnb
There are plenty of reasons to list your property on Airbnb, and we'll cover those in just a moment. First, let's start by talking about some of the cons of listing via Airbnb. First of all, if you list on Airbnb, you still have to take care of every aspect of your property. Maintenance and marketing are still in your hands. So, there are front-end responsibilities that you've still got to be concerned with.
On the back-end, you still have to communicate with guests. When you list on Airbnb, you're given a dashboard that makes things easier, but there's still a lot that must be done. For instance, you've still got to weigh out how to vet your guests. What will your requirements be? Also, what will the rules and policies for your rental be, because you're in charge of creating those rules and enforcing them. You still have to schedule and book guests, and you need to decide who gets to stay and who doesn't. Not to mention, you'll need to keep in constant communication with your guests from key drop-off to check-out.
On top of these duties, you still have to take care of the property and get it ready for guests. This means cleaning your vacation property, supplying fresh linens, scrubbing bathrooms and the kitchen, and ensuring that the right inventory, such as soaps and other amenities, are on-hand. All in all, Airbnb is what you make of it. At the end of the day, it's a platform that will only work as hard for you as you work for it.
The Pros of Listing Your Vacation Property on Airbnb
Now to the good stuff! Airbnb is huge, and it's a gold mine for people who want to rent out their vacation properties without dealing with so much hands-on stuff. Sure, you've still got responsibilities, but Airbnb brings everything to a single platform. You can do so much from the Airbnb dashboard that it's like having a control panel at your fingertips.
If you're wondering "Where should I post my vacation property?", then Airbnb is likely the answer. This trusted platform offers a seamless opportunity to book your property to the max. The platform is still growing, which is promising for people who still want to list their properties. Airbnb brings in a huge audience, so you're probably going to get the most views for your property there. The bottom line is that Airbnb has all the tools you need to control and book your property, which means that you can fetch the most ROI for your vacation rental if you use the platform to its fullest potential.
How to Get the Most Out of Airbnb
When you consider the pros and the cons together, you might still be wondering if Airbnb is really all that it's cracked up to be for property owners. Despite the cons, we think the advantages of this platform are massive. But getting the most out of Airbnb takes time and skill.
The biggest con, in our opinion, is having to be hands-on with the property. It's a huge investment of time to take care of the maintenance and general housekeeping associated with a vacation property on Airbnb. The best thing you can do is outsource help to take care of these aspects for you. This could include a handyman or a housemaid service, or an all-inclusive property management team like MINNeSTAY that will handle every aspect of managing your vacation property.
Listing Vacation Property on Airbnb with Vacation Property Management Services
Did you know that you can have a property management company list your vacation property on Airbnb? When it comes to listing vacation property, this is the best way to maximize ROI and eliminate the cons of listing on Airbnb. At MINNeSTAY, we work to optimize every aspect of your vacation rental. With our professional listing creation services we'll help you to make the best Airbnb listing possible with 3D virtual tours of your property, professional photos, and expertly crafted descriptions.
Using vacation property management services to handle your Airbnb listing means that you won't need to worry about anything. A property management company can take care of everything from writing your property description and policies to vetting guests. Not only is this a huge convenience to you, but it will put your mind at ease to know that your property is in great hands. You won't have to deal with late night phone calls about broken toilets or wonky door handles, your management service will handle all of that for you.
Vacation property management services can take care of everyday maintenance, including cleaning the property, keeping inventory, and prepping the unit for guests. As well as emergencies, such as water leaks or broken appliances. If you're already outsourcing services, vacation property management services can also manage that aspect for you. At MINNeSTAY, we take the burden of managing your vacation property off your shoulders and let you simply enjoy the benefits of your income property.
Let MINNeSTAY Help You Create the Best Airbnb Listing
Listing your vacation property on Airbnb is a smart idea to make the most money off your property, but entrusting your listing with a property management company like MINNeSTAY is even smarter. With a little help, you can make more on your listing and rest assured that your property is being taken care of when you're not around.
Having a vacation property can be exhausting when you're handling it on your own, but when you use a service like Airbnb in combination with vacation property management services from MINNeSTAY, you truly get the best of both worlds: an amazing marketing platform and someone capable of managing your property while you sit back and enjoy the extra income that a vacation rental provides.