Yes. There are Airbnb property managers or management companies to help oversee running your rental property. The industry standard for Airbnb management fees ranges from 20% to 35% of monthly revenue for most of the US. Rural hosts may pay up to 40%. Half-service management with only marketing, not cleaning or maintenance, is available for as little as 10%.
You can hire an Airbnb co-host to help take care of your property and guests for a percentage of rental income. They assist in making sure your Airbnb runs smoothly.
Airbnb property managers are responsible for marketing properties, growing reservations, booking stays, cleaning, stocking and key exchanges. Expect to pay a typical residential property management firm between 8 – 12% of the monthly rental value, plus expenses.
In many cities you must register, get a permit or license before you list your property or accept guests. Short-term bookings may be prohibited.
Choosing a Property Manager
It starts with an Airbnb owner wanting someone to manage their property. Key questions include: how much are you willing to pay for management fees? Do you prefer an experienced manager or someone working through vendors? Once you answer these, you have criteria to search for the best Airbnb manager.
As long as you’re a verified member of the Airbnb community, you can create reservations on behalf of others. When you book a stay for someone else, you handle the reservation request, introductions, and payment—then transfer responsibility for the trip to the guest.
How to Book for Someone Else
There are some steps and important considerations that you don’t want to miss. First, you will need their email and their name. Then, enter the name of the person who will be using the Airbnb rental. Upload an existing photo of your ID from your desktop device.
When you search for listings, you’ll be able to see which ones allow reservations to be made on behalf of others. Some hosts may require that you send a message explaining why you’re making the reservation on behalf of someone else. Be sure to include all relevant information, such as who will be staying and how many people will be at the party. Once you’ve found a listing that meets your needs, go ahead and book it! You can pay with your own credit card or PayPal account.