How to Be an Airbnb Co Host and Earn Extra Money

Are you looking for a way to make extra money? Have you ever thought about how to be an Airbnb Co Host? If you’ve got the time, skills, and resources to manage a property or multiple properties, then this could be the perfect opportunity for you. With Airbnb, co-hosts across the globe are making a good living while also enjoying the flexibility of their own schedules. In this blog post, we’ll explore how to be an Airbnb Co Host, from setting up your account to taking advantage of the additional perks provided by Airbnb.

How to Be an Airbnb Co Host?

Becoming an Airbnb Co-Host is a great way to generate supplemental income and enjoy the flexibility of working at your own pace. To start, reach out on forums and social media to locate hosts that are looking for extra help in managing their properties or multiple properties. Then capitalize on this opportunity by demonstrating why you’re perfect for the job! Learn the step-by-step process in more detail below.

What is an Airbnb Co Host?

A co-host is someone who takes on some of the responsibilities associated with being an Airbnb host. These include listing, cleaning, and maintaining a property while ensuring all safety standards are met. By signing up as a co-host, you’ll be able to help multiple hosts while taking advantage of the high-quality support and resources provided by Airbnb.

Signing up as a co-host on Airbnb is an excellent opportunity to supplement your income while learning a valuable skill set. Aside from being able to list and manage multiple properties, you’ll have access to Airbnb’s world-class customer support and resources. This means that cleaning, maintaining, and ensuring the safety of each property is made much easier. By becoming a co-host, you will be enabling hosts to build businesses that can serve the growing travel needs in their communities, while building your own career in the process.

The Benefits of Being an Airbnb Co-Host

Hosting co-hosts on your property has many advantages, from additional earnings to the flexibility of working hours. You have control over who you host so you can tailor each experience and better serve your guests. Moreover, you can expand your business by taking on more properties and even increase your reach with the tools that co-hosting provides. Co-hosting is a great way to share the workload whilst also generating additional revenue in the process.

Benefits of Becoming An Airbnb Cohost Include:

-Additional income

-Flexible work hours

-Control over who you host

-Opportunity to expand your business by taking on more properties

-Access to world-class customer support and resources

-Gain valuable skills through co-hosting

-Opportunity to serve the growing travel needs in your community

-Ability to tailor each experience for guests

-Increased reach with co-hosting tools

-Share the workload while generating additional revenue.

How much can cohosts earn?

Becoming a co-host of an Airbnb property can be a great way to make some extra income while having the flexibility to work when and how you want.

This type of unique home-sharing partnership offers exciting opportunities that you won’t get with traditional side jobs. Generally, the number of earnings made from each booked property will be split between you and your host in agreements that range anywhere from 10% to 30%.

You’ll have the autonomy to choose contracts that best fit your lifestyle needs without sacrificing potential financial rewards.

What Are Co-Hosts Allowed to Do?

As a co-host, you have the opportunity to not only be an extra pair of helping hands for a listing owner but also act as their primary host. As part of this role, you can help with all hosting duties, from maintaining and caring for the space and its guests to providing helpful recommendations.

Co-Hosts can assist with:

• Listing Management: Co-Hosts have the power to customize their listing—from penning captivating descriptions, to selecting striking images and pricing. With Co-Hosts in charge of curating a pleasant experience for guests, you can be sure your property will stand out from the competition!
  
• Calendar and Pricing Management: Keep your listings fully up-to-date and take advantage of flexible pricing options such as seasonal rates, weekly discounts, and more.
  
• Reservation Management: Manage bookings by accepting or denying requests.
  
• Guest Communication: Forge connections with guests, respond to inquiries quickly and accurately, and manage check-in/check-out on behalf of the listing owner.
  
• Ensure the property is ready: Create a comfortable and welcoming environment for guests by providing the necessary amenities to make their stay enjoyable.
  
• Boots on the Ground: Be a local point of contact, should the guest need any support or advice in person during their stay.
  
• Maintenance Contact: Co-Hosts can serve as a point of contact to address and remedy any issues guests may experience during their stay, such as being locked out or the Internet going down.
  
• Review Guests: As a Co-Host, you can leverage your own Airbnb account to provide reviews from the perspective of the listing owner.
  
• Coordinate Cleaning and Repairs:  One of the most important duties of a Co-host is to ensure that the property is kept in pristine condition. This includes scheduling regular cleanings and repairs, as well as providing necessary supplies to guests.
  
• Chat with Airbnb Support: Searching for assistance in resolving a reservation or a guest issue? Allow Co-Hosts to handle the communication and promptly identify an appropriate solution.
  

What Co Hosts Can’t Do

• As a Co-Host, you are unable to open or address damage or insurance claims on the Resolution Center. The power of initiating and responding to these matters lies solely with the Primary Host.
• In the Transaction History section, Co-Hosts have access to review payout details of listings they’ve been added to (without being able to view private payment information). For instance, they can track payouts and identify when amendments or cancellations are shown.

Please note that Co-Hosts are unable to access the payouts or taxpayer information of a listing owner, and cannot view their activity when they travel as an Airbnb guest. If you’d like to revoke these privileges from your Co-Host, simply remove them from their position.

Finding Properties to Co host

Finding properties to co-host can be a daunting task, especially when you’re just starting out. But there are many helpful resources that can make the search easier.

Websites such as Airbnb and other dedicated sharing economy sites offer listings for hosts looking for co-hosts. You may also want to look into local community forums on the sites and search for posts that are looking for cohosts or create your own.

Additionally, leveraging the power of social media can be an effective way to connect with potential hosts in your area. Reach out to friends and colleagues who may have a rental property they’d like to list on Airbnb – you might just be able to find the perfect match! Join groups that focus on short-term rentals and create a post letting others know that you are open to cohosting!

Finally, when looking for properties to co-host, always make sure you take into account the time and energy required for managing multiple listings. When it comes to Airbnb hosting, preparation is key – so ensure that you are ready for success before committing to a new property.

Negotiating Rates and Terms

Once you’ve found a property to manage, it’s time to negotiate the rates and terms with the host. This can involve discussing how much you will charge for your services, what kind of cleaning and maintenance will be included in the package, and any other details you feel are important. It’s important to make sure you’re compensated for your time and efforts, so be sure to agree on a rate that is fair for both parties.

Getting Setup As a Co Host

The listing owner will need to add you as a cohost to their property listing on Airbnb, but it’s a very simple process. Here’s how hosts can add a cohost:

To add a co-host:

1. The Host should visit the Listings tab and select the desired listing to be updated.
2. Then they can invite someone as co-host on your next event by simply clicking the “Co-hosts” button and selecting “Invite a Friend.”
3. Then they will add the cohosts email address and click Invite

Hosts can add up to three others as co-hosts on your listing, but it must be a live listing first.

Here’s how it looks in the Host’s dashboard when adding a cohost:

STEP 1:

STEP 2:

STEP 3:

Image sources: Airbnb.com

Co-Host Agreements

When it comes to Airbnb, not only must a co-host sign the official Terms of Service policy, but hosts and co-hosts should also articulate their own individual agreement. It is imperative that all stipulations and prerequisites are specified in full detail.

Hosts and co-hosts must allocate hosting duties, assign earnings to the respective co-hosts, and come up with reimbursement plans for all involved. Clarity is key when it comes to these important decisions.

Go the extra mile and use or personalize a pre-made Airbnb co-host contract (templates are readily available on hosting forums). Alternatively, you may also want to consider getting an attorney to draft this agreement for you.

Additional Tasks a Cohost May Do

Research Cleaning Companies

Before you can begin managing a property, it’s important to research potential cleaning companies that you can use for your Airbnb co-hosting business. This will allow you to offer top quality services and ensure the property is properly taken care of. You should look for companies that have experience in managing properties like yours and offer competitive rates. You can also check out reviews online to make sure they provide reliable services.

Research Handypersons

In addition to cleaning services, you’ll also want to research potential handypersons that you can use for any unexpected maintenance and repair issues. Such problems may arise at any time, so it’s important to have a reliable individual or company on hand that can take care of the issue quickly and efficiently. Again, you should look for experienced professionals with competitive rates and positive reviews.

Manage Guest Reviews

Guest reviews are an important part of being a successful Airbnb co-host. They’re also one of the most effective ways to attract new guests and increase your bookings. As a co-host, it’s your responsibility to manage customer feedback and make sure that any problems or issues are addressed in a timely manner. You should also look out for any negative reviews and use them as an opportunity to improve your services.

Gather Necessary Documents

When managing a property, it’s important to have all the necessary documents on hand. This includes registration forms, insurance policies, and other legal documents. You should also make sure that you’re aware of any local laws or regulations regarding renting out properties and have the required paperwork ready for your guests.

Create a Communication Plan

Creating a communication plan is key to running a successful Airbnb co-hosting business. This will help ensure that everyone involved in managing the property is on the same page and knows exactly what their responsibilities are. You should establish a system of communication that you can use to keep everyone up-to-date on any changes, issues, or bookings.

Final Thoughts

Co-hosting can be a great way to make money while managing a property on Airbnb. Although there are many things to consider when becoming a co-host, the rewards can be well worth it in the end. Just remember to take your time and do your research before getting started—this will ensure that you have all the necessary information and resources to become a successful co-host. Good luck!

PIN THIS ARTICLE: