Invest in short-term rental properties, they said. It’s a lucrative side hustle that doesn’t involve too much work, they said. Perhaps you even convinced yourself that you could perform property management yourself. Probably, the first thing you did outsource was cleaning and guest turnover services. Then came the maintenance calls while you were at work, guests calling at all hours with random questions, or perhaps you even got some bad reviews. Or, maybe your Airbnb property is just not attracting a lot of guests, and you haven’t been generating as much revenue as you thought you could.
There’s a lot to unpack in the previous paragraph, and hopefully, not all of it applies to you! Regardless of how poorly things might be going, or even if they are going relatively well, the whole point is to be the best and generate maximum revenue from your short-term rental property.
How to do property management for Airbnb.
Toronto has a significant Airbnb market, and you will be competing with all the other investors to attract guests to your short-term rental property. You can decide to become your own Airbnb property manager, especially if you’re going to go all-in as an Airbnb host, owning and managing your properties as a full-time gig. For everyone else, if you don’t have the time, expertise, or the desire to do it yourself, you have to find a way to stand out from the competition while still keeping your day job. In this case, you need to outsource to a property management company!
Airbnb property management services have flourished alongside Toronto’s Airbnb market. They provide property management services to the many investors seeking outside help to manage their properties efficiently and profitably.
What does an Airbnb property manager do?
This will depend on the property manager, but most will offer a variety of services related to your short-term rental. Managing bookings, greeting and handing over keys to guests, cleaning properties after guests leave, ensuring the property is ready for new guests, and taking care of maintenance issues, are some of the basic tasks that a professional of property management in Toronto performs.
But other value-add services must not be overlooked to maximise your revenue. Before you can get the first booking, you need to put your best foot forward. There is stiff competition for Airbnb guests in Toronto, and you need to put a product on the market that will bring in the bookings!
Beauty is in the eye of the beholder!
Even though location is arguably the most important factor for prospective guests, the visual appeal of the property is also up there on the list. Gone are the days of Airbnb guests being satisfied with a mattress on the floor, or your tiny spare bedroom. You are competing with hotels and motels. You are competing with other accommodation providers to attract guests, and you can do this by offering a home-away-from-home experience with hotel-like amenities. In this case, looks do matter!
Professional photographs are a must!
Take these two pictures as an example. They are pictures of the same apartment. In both cases, pictures show the kitchen. The picture on the left has not made use of proper lighting. The under-cabinet lights make the cabinets above and below look washed-out and gray. The picture on the right makes use of the lighting coming through the large kitchen window. The cupboards look white and vibrant, and you can clearly see the appliances and gadgets that are available. These two pictures demonstrate the importance of professional photographs as a tool for marketing your Airbnb property and standing out from the competition.Photographs make a difference between guests scrolling past your listing or clicking on it.
Inviting interiors bring in the guests!
In addition to the magic that a photographer can create with proper lighting and professional equipment, it also matters what there is to photograph. Again, this can be demonstrated with photos. On the left is a picture taken by an Airbnb host to showcase their apartment. Sure, this living room has a comfortable couch and large flat-screen television. It’s not bad, but the apartment looks sparse and boring, functional but uninviting. In the picture on the right, the lighting is, of course, that much better. But to make the apartment look attractive, comfortable, and inviting, there is a striking piece of art, some pops of colour, and a mirror on the wall that all work together to make the space feel much more like home.
Find Airbnb Property Management in Toronto that offers more!
There are many Airbnb property management companies out there in the Toronto area that offer the usual services. A property manager that provides value-added services, including interior design, as well as professional photography and marketing service, is less common and will make a massive difference. At Easyhosts, we have a proven track record of taking short-term rental properties to the next level. The next level means both increasing bookings and increasing revenue.
Of course, Easyhosts provides the basic services of Airbnb property management in Toronto. We’ll keep track of your bookings, ensure efficient turnover between guests, and ensure that each guest has an excellent experience while staying at your property. Guests will consistently experience a well-maintained, clean and pristine apartment.
Beyond this, we offer so much more! We’ll work with your budget to use interior decoration to maximize the features and attractiveness of your property. We work with talented designers who’ll take your property from “Meh!” to “WOW!!!” Then, we’ll bring in a photographer to find the best angles, the best lighting, and the most attractive aspects of your apartment!
Contact us to take your Airbnb to the next level!
We look forward to letting you know what we can do with your Airbnb property! We know how important it is to put your best foot forward and maximize revenue in the Toronto Airbnb market. We offer you our experience and track record in creating a product that attracts guests and makes you money.