Co-hosting Airbnb Properties: The Ultimate Guide

So, you’re thinking about co-hosting Airbnb properties? Maybe you have a knack for hospitality, an eye for design, or just a desire to build a profitable side hustle. This guide dives into everything you must know to launch your co-hosting venture and succeed.

We’ve rounded up all of our Airbnb Hosting Must-Haves right here in our Amazon Store. Click here to grab everything you need to curate your property and start earning 5-star reviews.

What Exactly is Co-hosting for Airbnb Properties?

• What Exactly is Co-hosting for Airbnb Properties?
• Why You Should Consider Co-hosting Airbnb Properties
• Setting Up Your Co-hosting Business for Success
  • Crafting a Winning Pitch for Co-hosting Airbnb Properties
  • The Importance of a Solid Contract and Clearly Defined Pricing for Co-hosting
• Saying “No” Can Be a Powerful Tool When Co-hosting Airbnb Properties
• Onboarding New Clients for Co-hosting Airbnb Properties
• Maintaining Standards With Your Client When Co-hosting Airbnb Properties
• Conclusion

What Exactly is Co-hosting for Airbnb Properties?

Co-hosting is like being a property manager for Airbnb rentals. You team up with property owners who need help with daily operations of their short-term rentals. This helps owners who live outside the area, find guest communication draining, or have packed schedules.

Owners may also struggle to maintain high occupancy rates. Co-hosting gives them peace of mind knowing their rental is in capable hands and performing well.

Why You Should Consider Co-hosting Airbnb Properties

Co-hosting isn’t just a gig; it’s a chance to build a rewarding business. You provide an invaluable service for clients while controlling your income. This structure helps you reach your revenue goals and build a co-host network.

Set your commission rate and pricing structure. Decide how many properties you want to manage. Pick a niche, like luxury rentals, budget-friendly stays, or vacation rentals. Gain valuable experience in revenue management, marketing, and property maintenance. These skills benefit any professional career or can become a full-time pursuit.

Setting Up Your Co-hosting Business for Success

Before you jump into co-hosting Airbnb properties, know the prep work. Setting foundational standards for your company represents who you are and the expectations others have working with you.

Setting values from the start creates stability for your clients. Figure out exactly what type of clients you need, like higher revenue luxury properties or consistent affordable rentals.

This helps generate the type of income you’re after.

Crafting a Winning Pitch for Co-hosting Airbnb Properties

Your pitch is your co-hosting resume. Showcase your value with past client testimonials, your personal host ratings (if applicable), and all safety protocols taken. Discuss your vendor partners, including cleaning staff, repair services, or inspection service staff. Planning ahead helps onboard new clients.

Do you get vendor discounts or have preventative measures? Sharing this information strengthens your pitch and may even help command higher percentages with new clients.

The Importance of a Solid Contract and Clearly Defined Pricing for Co-hosting

Before you shake hands, prepare your co-host agreement. Outline all services you provide, including cleaning services.

This protects both parties and establishes transparent boundaries to avoid later confusion. Clearly stipulate fees, commissions, and every payment structure element upfront.

Contracts should explicitly address your pricing and onboarding strategies. Be willing to adjust rates for long-term customers while building business sustainability. Explain the onboarding time frame upfront, so everyone understands the process and expectations. Ensure this information is clearly displayed.

Saying “No” Can Be a Powerful Tool When Co-hosting Airbnb Properties

Saying “no” can actually push you forward with better client acquisitions. Co-hosting Airbnb properties requires experience to evaluate opportunities. Is the property suitable as an investment? Are safety standards high enough without major expenses?

Does the client have longevity goals, or might the relationship sour quickly? Do the revenue projections appeal to both of you? Sometimes, saying “yes” opens doors to better deals and frees up your availability. Avoid pitfalls like helping people offload troubled properties that will ultimately lose money.

Setting boundaries with your clients, guests, business, and all facets of life is important and empowering. Check out our Hosting Hotline episode on the Thanks For Visiting Podcast where we discuss how to have the tough conversations to set those very boundaries.

• Setting Boundaries with Owners on Guest Privacy & Security Cameras (Episode 392)

Onboarding New Clients for Co-hosting Airbnb Properties

Setting up client listings for co-hosting Airbnb properties is critical. Ensure everyone meets your expectations. High-quality photos are essential for an inviting property; this might involve upgrades.

Does everything meet legal regulations? Onboarding can influence design decisions, ensuring choices like linens match your vision. Remember your established onboarding process from your pricing structure.

Maintaining Standards With Your Client When Co-hosting Airbnb Properties

Co-hosting Airbnb demands attention to detail. Are your brand standards met for property appearance and hospitality? Do these standards meet your client’s requirements?

Establish clear baselines and guest experience benchmarks to prevent issues and ensure the property owner is in the loop about the standards for the listing.

Maintaining expectations keeps business running smoothly. Your Co-Hosting Business is an awesome opportunity for you to decide what matters to you when it comes to your guest experience. You get to create your “Brand Standards” and implement them at all of the properties you represent. Maybe it’s a communication standard. Maybe it’s a luxury coffee bar. Maybe it’s a welcome basket.

Our favorite brand standard? Our Forgot Something Basket. This simple amenity is mentioned countless times in our 5-star reviews. Our guests love it and so do we. Use our completely free guide to implement this in your property, too! Grab the FREE Forgot Something Basket Checklist right here.

Build A Thriving Co-Hosting Business

Co-hosting Airbnb properties opens many business and lifestyle options. This journey requires planning ahead, including learning how to add a co-host to an existing Airbnb listing, and setting your desired commission percentages with your clients. This will improve guest experience through higher response rates.

Each step builds lasting relationships, improves your career and reputation, and helps everyone profit.

Calling All Hosts: The Hosting Handbook

If you loved this post we invite you to check out our one-stop-shop solution for hosts everywhere —the Hosting Handbook! While you can download all the easy to consume, step-by-step tips we use in our own hosting business and create the ultimate “book” the Hosting Handbook is so much more than that! If you’ve consumed or content for years (or just met us!) this is the reference guide for all the amazing and tactical tips we have for running a profitable and, more importantly hospitable, short-term rental. How do we price for pets? How do we fold our towels? What sheets do we buy? How do I purchase a short-term rental? All these questions (and more!) can be answered in the Hosting Handbook! Check it out now!

Happy Hosting!