This post is aimed towards the more seasoned host. Those of you looking to branch out from the day-to-day of managing your own listing may be in luck. Airbnb is rolling a new service to customers called Co-Hosting. Essentially, when you co-host for someone, you may be taking on a few tasks, or a lot. You, along with the listing admin (host), will determine the amount of service and the type of hosting help you want to handle. So, if you love hosting, try Airbnb Co-Hosting!
Co-hosting is not yet available in the Nashville market. However, if you live in Austin, Chicago, Dublin, Miami, Seattle, Tokyo, Toronto, or Washington DC, then you can take advantage of either becoming a co-host or hiring a co-host to help with your listing(s). Hosts and co-hosts work together to provide memorable experiences for guests. I am very excited to try out co-hosting once it is available and will document the process. Until then, let’s dive into what it will take to become a successful co-host.
The initial idea of co-hosting on Airbnb was to allow family and close friends of hosts to take some of the work logistics away from the listing host. Therefore, if you are married, you can add your spouse as a co-host so you can both handle the listing(s). If you have a sibling about to list part of their home on Airbnb and you have been a host for a while now, they could add you as a co-host, to help manage and handle reservations, etc. With the success of co-hosting in the current markets, those people who have extra space in their home for short-term renting, now have a great alternative if they do not have the time to host themselves. You can now get a local co-host to help host your spare space so you can earn extra money! Check out this short video from Airbnb introducing co-hosting.
Even though co-hosting is not officially available where I live it has been wonderful helping out friends and clients start their own Airbnb. I will take that experience, along with all the experience as a host myself, and apply it to co-hosting. So, what exactly would I, or you, do as a co-host?
You can choose what services you want to offer as a co-host. Do as little or as much as you want. According to Airbnb, co-host fees typically range between 10-20% of booking earnings. However, you are in control of your fee and can customize that fee with each admin host. Co-host fees are a portion of the admin host’s booking earnings and are deducted from each reservation.
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