Tag: property management

How an Airbnb Property Management Offers Better Rental Experience

Airbnb property management involves the management of properties that are listed on the Airbnb platform by property owners. The management of these properties can be done by the owners themselves or by professional property management companies. The goal of Airbnb property management Toronto is to ensure that the properties are well-maintained and attract guests who are looking for short-term accommodation.

The Key Responsibilities Of Airbnb Property Management Include:

  • Listing Management: Property managers will create and manage Airbnb listings for property owners. This includes writing descriptions, taking photographs, and setting up pricing and availability calendars.
  • Guest Communication: Property managers will respond to inquiries and bookings from potential guests. They will also communicate with guests before, during, and after their stay to ensure that their needs are met and any issues are resolved quickly.
  • Housekeeping and Maintenance: Property managers will oversee the cleaning and maintenance of the properties. This includes ensuring that the properties are clean, well-stocked, and in good repair.
  • Check-in and Check-out: Property managers will be responsible for meeting guests upon arrival, giving them a tour of the property, and answering any questions they may have. They will also manage the check-out process and ensure that the property is left in good condition.
  • Marketing and Promotion: Property managers will promote the properties on various channels, including social media and online travel agencies, to attract new guests.

In exchange for these services, property managers typically charge a fee or a percentage of the rental income. Property owners can benefit from using a property manager by having a hassle-free experience with their rental properties, while also ensuring that their properties are well-maintained and generate the maximum amount of rental income possible.

Other Qualities Of Property Managers You Need To Check

The most important quality for a short-term rental property manager is the ability to provide exceptional customer service. As a property manager, you will be responsible for ensuring that your guests have a positive and memorable experience during their stay.

To achieve this, a property manager must be able to communicate effectively with guests, respond to their needs promptly and professionally, and provide a high level of service that exceeds their expectations. This includes being responsive to guest inquiries and requests, providing helpful and accurate information, and addressing any issues that arise in a timely and efficient manner.

Other important qualities for a short-term rental property manager include strong organizational and administrative skills, knowledge of local regulations and compliance requirements, marketing and promotional expertise, and the ability to manage the financial aspects of rental Property management services in Toronto or other areas, including pricing, billing, and bookkeeping.

Ultimately, the success of a short-term rental property manager will depend on their ability to balance the needs of their guests with the needs of the property owner, while ensuring that all aspects of the rental property are well-maintained and managed in a professional and efficient manner.

Next Level Airbnb – with Professional Photographs and Interior Decorating!

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.

Why Hire a Short-Term Rental Management Company in Toronto?

Owning a rental property can be financially rewarding, however, it requires a large commitment of time and effort, managing and maintaining the property while attracting the best tenants. We are at a time of economic uncertainty due to COVID-19 lockdowns which have greatly impacted the market of rental management services in Toronto. More rental listings have become available in the market, and demand for these properties has slipped due to the drop in tourism, immigration and residents fleeing the city core for more space in urban areas. As a result, it has become increasingly competitive for property owners to find good reliable tenants at the best rental price.

Easyhosts’ job is to make sure your property stands out and is effectively marketed to a large audience while looking after the day-to-day responsibilities and management of the property. A common concern for most property owners is whether or not short-term rental management companies in Toronto can handle the full volume of work required to market their real estate and keep up with the high turnover. On top of all that, the host needs to ensure proper and consistent contact with guests, negotiate the price, and maintain the property in tip-top shape at all times. Easyhosts has had over 5000 check-ins to date; we’ve seen it all. We guarantee that our full-service rental management team will make the entire process from start to finish hassle-free for you.

When it comes to attracting the best tenants at the best price, having a listing that has consistently earned high praise and positive reviews from guests will go a long way. These positive reviews can be best achieved by hiring professional rental management services in Toronto from Easyhosts, who will always put in the required time and dedication to enhance every guest experience.

Many concerns we hear property owners have with a professional short-term rental management company in Toronto is that they may lose full control of their property. What separates Easyhosts from other management companies is our full transparency with each client. The owner dictates the responsibilities they want Easyhosts to have, and we will tailor our management agreement with each host individually depending on their needs. We are always available to meet with owners to discuss our partnership, and make sure their goals are being met.