Have you been thinking about becoming an Airbnb host? If so, now is the time to do it!
It’s one of the best ways to make money with your home or apartment.
Many people prefer Airbnbs because they offer better prices and are often more comfortable. If someone can find a place where they feel at home while abroad on travel, they’ll also feel that their money is well spent.
This blog post outlines the steps that you need to take in order to become a successful host. It provides some tips and advice for those who are just starting out as well as seasoned pros. There’s something for everyone!
Table of Contents
What Does an Airbnb Host Do?
The first thing about becoming an Airbnb host is understanding what the role entails. As an Airbnb host, you will be responsible for providing a clean and comfortable space for your guests to stay in.
This includes making sure that there are no safety hazards in your home and that all of the amenities listed in your listing are available and in working order. You will also be responsible for communicating with your guests and ensuring that their stay is as enjoyable as possible.
In order to become an Airbnb host, you have to create a listing on the Airbnb website. This listing should include pictures of your space, a description of what guests can expect, and your contact information.
You will also need to set a price for your listing. Once your listing is live, you will start receiving inquiries from potential guests.
If you decide to accept a booking, you will need to communicate with the guest and provide them with instructions on how to access your home. You will also need to be available during their stay in case they have any questions or need assistance. After the guest has checked out, you will need to clean your space and get it ready for the next guest.
Requirements for Becoming an Airbnb Host
In order to become an Airbnb host, there are a few requirements that you will need to meet. Below is the list:
- Have a spare room or an entire home that you can rent out
- Be at least 18 years old and have a valid ID
- You’ll need to pass a background check as a host (US and India)
- A payment method to receive your earnings such as PayPal, Payoneer, Western Union, or a bank account
Once you have met all of the requirements, you will be ready to start your Airbnb journey!
Check this video on Airbnb hosting with advice from some superhosts (top hosts):
5 Steps to Make Money as an Airbnb Host
Let’s dive into Airbnb hosting details.
Step 1: Prepare your space for guests
The first step in becoming an Airbnb host is to prepare your space for guests. This includes making sure that your home is clean and tidy, as well as decluttering any areas that will be used by guests.
You will also need to make sure that there are no safety hazards in your home, such as loose wires or sharp objects. Additionally, you will need to ensure that all of the basic amenities are in order. They include towels, soap, and toilet paper.
You can include some extras to help your guests feel as comfortable as possible. This could be wine, snacks, or something else.
Step 2: Decide when you’ll be hosting
Airbnb allows you to set your own schedule and be as flexible as you want. So, you need to select your preferred hosting dates. These are the dates when your space will be available for guests to book.
Airbnb has the setting to block specific days when you can’t have guests. You can also choose the time when guests can check in or check out. It’s possible to also pick how long they can stay at your place in terms of the minimum or the maximum number of nights.
Just keep in mind that the more availability you have, the more likely it is that you’ll get bookings. Many people prefer it that way, especially when they’re unsure of the days they’ll spend somewhere.
Step 3: Set your Airbnb prices
After you have decided when you’ll be hosting, it’s time to set your Airbnb rental prices. Your pricing strategy should be able to meet your financial needs. The popular way is to price your space per night.
If you don’t have an idea, the best way to know how much to charge is to check the prices of other hosts nearby. You can start with a slightly lower price than other established hosts to find your first few guests.
After that, improve your place and increase the prices. You can charge more on weekends or during specific holidays and events in your location.
Here are some things to consider when setting the nightly price:
- The type of property: Are you listing a house or apartment? Is it a cottage, flat, or motorhome? If you know the value of your property, it’ll be easier to set prices.
- The location: Is your place located in a major city center or a rural area? If you’re in a busy and highly-visited destination, the price can be higher.
- The space you avail for guests: Do you plan to rent out an entire place, a private room, a hotel room, or a shared room? Entire places mean a higher price.
- The number of guests you can accommodate: How many bedrooms are there? Does your space offer one or two beds? You could charge more if your property can hold more people.
- The amenities included: Does your rental have Wi-Fi, cable TV, a hot tub, or a kitchen? Is breakfast included in the price?
- The season: The demand for rentals is higher during peak season. You could raise your rates at this time.
You’ll also need to decide how much you’re willing to charge for cleaning fees. You’re free to consider adding a security deposit for cases where guests cause damage to your property.
Step 4: Create your Airbnb listing
Now that your space is ready and you’ve decided on your hosting schedule and prices, it’s time to create your Airbnb listing. To do this, you will need to go to the Airbnb website and sign up for an account. Once you have created your account, you will be able to create your listing.
Here’s how to go about it:
- Add some photos of your space. You can add as many as you like but have at least 10 good ones.
- Write a catchy title and description for your listing. Be sure to include all the amenities and features that your guests can enjoy.
- Select your preferred hosting dates and prices. You can also add house rules at this stage. This is where you set expectations for guests regarding noise levels, smoking, visitors, and more. It’s important that you’re clear and concise with your rules to avoid any misunderstandings later on.
- Provide your contact details. This is so that guests can reach out to you if they have any questions about the property or the booking.
- Verify your identity. This is a security measure to ensure that only legitimate hosts are on the platform. Once you’re done with all that, you can now publish your listing.
Step 5: Start welcoming guests
After your listing is published, it’s time to start welcoming guests. The best way to do this is by responding to messages and inquiries quickly. You should also thank guests for their bookings.
It’s also a good idea to send a welcome message to guests before their arrival. This is so you can introduce yourself and provide any information that they might need, such as your contact details or the WiFi password.
You can also use this opportunity to set expectations for their stay. For example, if you have house rules, you can remind them of these in the welcome message.
Finally, don’t forget to say goodbye to guests after their stay. You can thank them for being great guests and invite them to come back again in the future.
Tips to Be a Successful Airbnb Host
Below are some tips to find success in the Airbnb business.
- Be an excellent communicator: This means being quick to respond to messages and inquiries. It also means being clear and concise in your communication.
- Offer a clean and comfortable space: This is one of the most important things that guests look for in an Airbnb property. Be sure to clean your space before each guest arrives.
- Accept reservation requests on time: Guests will appreciate it if you can confirm their reservations quickly. Airbnb expects you to accept requests as long as your calendar shows that your property is free. This shows that you’re organized and efficient.
- Provide amenities and some extras: This can include the basics like bathroom supplies and items and additional things like Wi-Fi, cable TV, a hot tub, or a kitchen. You could also offer breakfast or other meals as part of the price.
- Be flexible with your pricing: This means being willing to adjust your prices based on the season and the demand for rentals in your area.
- Cancel less often: Airbnb imposes penalties on hosts who cancel reservations on confirmed bookings. Guests rely on your space and this habit can lead to your listing being suspended or removed from the platform. So, it’s in your best interest to only cancel if absolutely necessary.
- Set house rules: This will help set expectations for guests and avoid any misunderstandings later on.
- Be proactive: This means being proactive about solving problems, such as fixing a broken appliance or dealing with a noisy neighbor.
- Gather positive reviews and good start ratings: These are important for helping you attract more guests. You can get positive reviews by providing a great experience to guests and being an excellent communicator.
Airbnb Hosting FAQs
What do you need to become a host on Airbnb?
You just need a property that can fit guests from anywhere in the world. This can be an entire house, an apartment, a private room, or even just a shared space. Create a profile on Airbnb, list your property, select the payout method you like, and you’re good to start earning.
Is it hard to become an Airbnb host?
Not at all! Anyone can become an Airbnb host as long as they have a property that meets the platform’s requirements. Just create a profile, list your property, and start welcoming guests from all over the world.
How much can make on Airbnb?
It depends on factors like the property you have, your location, and the season. Many hosts can earn between $20 to $500 nightly with a nice place. It could go to over $1,000 per night if the property is high-end.
On average, expect a few hundred or thousands of dollars in a month. The more available you are, the more money you can get hosting others.
Are there fees on Airbnb for hosts? How much?
Yes, hosts have to pay a fee to keep the platform running. In most cases, it’s a flat fee of 3 percent of the booking subtotal, i.e. your nightly rate plus cleaning fee and anything additional.
Which dates are the most profitable for Airbnb hosts?
Weekends and holidays tend to bring in more demand for Airbnbs. Be sure to adjust prices when the demand goes up, like during Thanksgiving and Christmas.
Which Airbnb locations are the most profitable?
If you’re in the US, here are some of the best places to have an Airbnb:
- New York
The thing is, you can make good money if the location receives lots of visits either in terms of tourism or business. This could be many regions in the world!
Wrapping It up
Following these steps should help you become a successful Airbnb host. Just remember to always be responsive, polite, and accommodating to your guests, and you’ll do just fine. Thanks for reading and good luck!