Become An AirBnB Legend – 5 Must Dos To Make More Money Renting Your Room

How to make more money from renting your room
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Follow some Champion Tips from hosting experts who have turned lodgers into a lucrative income stream.

 

Champion Tip 1: Pictures can speak a thousand words

 

– Bright and light is right.

 

– Don’t be camera shy – take lots of photos from different and interesting angles.

 

– Clear clutter if you want to make a tidy profit.

 

– Highlight interesting, fun and quirky features, furniture and ornaments.

 

– Make your room look like a hotel with those extra hotel touches (yes, anything from towels to chocolates).

 

– Highlight useful added extras – that expresso coffee machine or those luxury bath products…

 

Champion Tip 2: Make sure your room and house is an internet star

 

– Turn yourself into a (fair) estate agent. Really sell the advantages – location and area, transport links, neighbourhood, local facilities, things to see and do, restaurants and bars – why you like living where you do.

 

– Then sell the benefits of the house – the room/s, the facilities, the access, the amenities, what is provided.

 

– Don’t be afraid to learn from other listings – what captures your imagination, what headlines do others use, how do other hosts appeal to renters?

 

– Don’t be afraid of detail. Anything you mention could be a great selling point. Think of all the questions you might have if you were renting a property – and try and answer them up front. Is there wi-fi? Is there a parking space? Are there towels, bed linen, cleaning? What is the size of the bed?

 

– Use powerful heading and bullet points to really get your selling points across and stand out from the crowd.

 

– Make your property easy to understand and rent.

 

– Be as comprehensive as possible when adding features and extras to your listing to ensure that you feature as highly as possible when people are searching for a property.

 

– Good reviews are key. Make sure you are proactive with writing reviews on renters and encourage them to write good reviews.

 

Champion Tip 3: Make sure the price is right

 

– Be sensible and realistic, not greedy. Check prices of similar listings in your area to get a sense of what you can charge to keep the bookings coming.

 

– Be prepared to change the price if you are not getting any success. And be flexible around periods of lower (and of course higher) demand, especially around seasons and local events.

 

– Compare your price to local hotels so you are competitive.

 

– Think about offers and deals in quiet periods, or deals for longer-term lodgers.

 

– Consider introductory offers so that you can start getting some good reviews, and increase prices in the future when you have a solid track record.

 

Champion Tip 4: Be Engaging

 

– Respond quickly and enthusiastically to seal the deal (don’t leave renters hanging as they could get a hang up about staying with you). Response time can also be included in some hosting sites profiles.

 

– Send any handy tips, directions and local guides to help make them feel instantly at home

 

– Be open, responsive, warm and conversational

 

– Be as flexible as you can with check-in and check-out and other arrangements

 

– Let your personality shine through so renters will know they will get a great experience, not just a boring old room.

 

Champion Tip 5: Go the Extra mile – every little counts…

 

– Provide extras such as DVDs, music, wi-fi, an iron, hairdryer, washing machine, fruit basket, bottled water…anything that will help a renter feel more like a rockstar…

 

– But don’t forget the essentials. Make sure you have enough supplies of anything from toiletries to toilet paper.

 

– Providing a local guide of things to see and do and where to eat and drink can go down wonders.

 

– And become a real life local guide – the best day out, the best place to enjoy coffee and watch the world go by, have a tasty meal, enjoy a cocktail….

 

Champion Reminder: Make sure you are clear about your ground rules in any listing. This avoids any confusion or potential bad reviews from guests.

 

Find out How Much Can You Earn From Renting a Room – the results will surprise you

 

4 tax-saving tips you have to know to make more money from renting a room

 

Money Champion’s 5 must-see secrets to find the lodger of your dreams

 

Don’t forget these 5 key tips before you rent your room

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