Thinking about whether you should hire a property manager for your Airbnb?
You might be tempted to handle everything yourself to save some money. But here’s something to consider: not having a property manager could end up costing you more in the long run.
While you’re busy juggling cleaning, checking in guests, and handling other tasks, other property owners are enjoying their free time and watching their income grow. The difference isn’t luck or a better location; it’s about choosing to delegate or automate lower-value tasks and focusing on what truly matters.
So, what exactly can a property manager do for you? Let’s break it down.
What Can a Property Manager Do?
A property manager can handle many of the time-consuming tasks, including:
Changing sheets
Checking keys
Cleaning bathrooms, bedrooms, and furniture
Inspecting for damage
Ensuring all electrical appliances are off
Securing the property
These tasks might seem quick, but on average, Airbnb hosts spend 2-5 hours preparing for a guest. Plus, there’s the time spent communicating with guests.
A property manager, like those at RightKeyBnB, takes care of these duties and more. We handle guest turnovers, offer 24/7 support, and even help style your property to boost its performance on Airbnb.
How Can a Property Manager Increase Your Income?
A big factor in your rental income is your occupancy rate. You won’t earn anything if your property isn’t booked. Here’s how a property manager can help:
Pricing
Setting the right price is crucial. Overpricing might make you more money short-term but can hurt your long-term income. You need to find a balance where your property seems like a great value.
Action Step: Check how much similar properties in your area are charging. Start with a slightly lower price to attract bookings and positive reviews. Then, gradually increase it as your listing gains traction.
Location
Your property’s location affects your occupancy rates. Some areas are better for summer vacations, while others might be popular for local events.
Action Step: Research why people visit your area. Tailor your listing to match these reasons, whether it’s for tourism, events, or business.
Reviews
Positive reviews are powerful. They reassure potential guests about the quality of your property.
Action Step: Focus on providing a great guest experience. A positive review can significantly impact your booking rates.
Listing Quality
An optimised listing is crucial. High-quality photos and accurate descriptions help attract guests. Avoid over-promising, as it can lead to cancellations and negative reviews.
Action Step: Ensure your property photos are high quality and showcase your place well. Regularly update your listing and make use of features like instant booking.
How a Property Manager Can Help
At RightKeyBnB, we offer comprehensive Airbnb management services. We handle everything from pricing and competitor analysis to guest support and professional styling. Our automated systems also help reduce vacancy rates and increase your earnings.
Want to enjoy more free time, earn more from your property, and have a professional guide you through your Airbnb journey? A property manager like RightKeyBnB could be the solution you need.