I've heard of services like HeyTom (based in Sydney) and was wondering if anyone had any experience.
Has Anyone Used an Airbnb Property Manager?
peterpeterpumpkin on 31/01/2017 - 12:50
Related Stores
Comments
Yeah it seems like you're picking up a second job when room turnover is high!
Hi!
I actually run an airbnb management service based in Sydney! You can check out my website at www.skky.net.au.
We charge competitive rates for long term and short term rentals so you can either lease out your investment property or your home if you are travelling abroad.
Feel free to ask me any questions.
Hey I don't really have the questions as yet. More so wanted testimonials :) I suppose knowing the occupancy rate could be helpful.
Regarding cleaning, I saw on your website that the client is charged at least $60. For one night in a small studio this could be a significant (but understable) cost. It seems pricing would be less competitive for smaller places that allow short-term rent. Do you normally suggest 3-day or weekly minimums? Have you managed any smaller places?
No worries!
Occupancy rate mainly depends on location, size and pricing. A studio in the CBD would get a much higher occupancy rating than say a 2 bedder in Alexandria. For example, our Darlinghurst studio was booked out 30 out of 31 days for January. Before the Christmas period, this place averaged just over 5 days in the week which paid significantly more than a normal lease. After that, it was raking in. Of course, occupancy rating is not guaranteed, but we will do our best as we have a stake in it. We also do same day turnovers to maximise returns.
Cleaning is not paid by the client (you) but by your Airbnb guest. It is factored into their payment. We provide all linen/towels in our cleans.
Currently we do 2-day minimum bookings and yes, the place I mentioned is a studio (around 38sqm).I would assume if you were to do it yourself that a weekly minimum might be easier for you as it involves less cleaning. It might reduce the amount of tenants that book however hence we have a 2-day minimum.
Hope this helps!
Thanks for the info! I'll pass on your info and website.
What if it is a 2/3 bedroom in George St opposite World Square? I understand studios and one bedrooms are easier to rent out. Is 3 bedders harder to lease out?
I've had a quick look on Airbnb. Places for 6 guests (I'm assuming you'll have a double bed in each room) range from about $250 onwards though I suspect some of the lower priced ones might be using sofa beds or having 2 rooms. Some of the really beautiful ones are around $500 a night and seem to have a high amount of reviews which means they are highly occupied.
I believe that if prices were all equal, guests would pick the place with the best amenities, nicer furnishings and better reviews. Wi-fi is generally a must have.
As you are starting from scratch you probably would not have your prices at a premium unless your property is amazing. Generally if a property is vacant, I will lower the price daily to increase the chances of a booking. May I ask how much you are currently leasing it out for?
Around 9xx and suspects the tenant sublease it out but don't bother lease as an airbnb property. Cos the airbnb management is something new to me, may do a bit of research first and get more opinion from people.
Hi all - reading through the posts, hope it worked out in terms of finding an Airbnb property manager for your place. If you haven't found someone or are looking for someone in the future - then I've just launched a new marketplace called airhosta. We connect Airbnb and Short term rental owners with service providers - like property managers, cleaners, concierge, hospitality etc
Happy to answer any questions you may have.
Hi,
Thanks for the link. In our case we ended up just renting the place again.
It's good to have managed alternatives available when long-term leases aren't an option.
Thanks.
I also want to know. My neighbours are leasing out their properties themselves but it is a hassle doing it myself, so I can only stick to traditional leasing (real estate agent).