Hello,
I am unable to find the option to add my reservatio...
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Hello,
I am unable to find the option to add my reservation to my Apple wallet. I saw another post from a week ago in which...
Latest reply
I am a Cohost on an existing listing. I was unhappy with how they managed the schedule and cleaning. We have mutually agreed to part ways. We are at their last listing.
1. How do I make a duplicate listing of what I have been using as my listing
2. Since I have practically done everything that resulted in all five star reviews in my first year is there anyway to keep those?
3. They provided me with just a check every month. No accounting showing what they accepted for rate per night, deductions, sales tax payments etc etc. Won’t I need this info for taxes?
Answered! Go to Top Answer
From my experience as a Co Host and running a STR consulting business, it is never a good idea to employ a management company. As you mentioned, if the agreement needs to be terminated, all the reviews stay with them and many do not allow you to be a Co-Host. The track record for these companies is poor with many complaints.
I suggested finding an experienced Co-Host who can assist you. You should always be named as primary Host/Owner (this way all the reviews stay with your profile). Be sure to have a signed contract with your Co-Host and set an intial short term of 3-4 months so either party can terminate it if things don't work out.
Airbnb has a platform where you can search for an experienced Co-Host or you can join your local Host club and ask for references:
Find An Experienced Co-Host
https://www.airbnb.com/help/article/3472
Local Host Clubs
https://www.airbnb.com/resources/hosting-homes/a/what-are-airbnb-host-clubs-575
This is just my thoughts haven't been a Co-Host
Airbnb does not allow transfer of a listing, The Host owns it so you can't duplicate you have to create a new listing with you as a Host.
Check with Airbnb Support about the reviews before you set up the new. I would think yes because if bad Airbnb would want that to follow you.
Check with your accountant about what you will need for taxes because it depends on what expenses you agreed to and ownership percentage of the rental
I spoke to air bnb. Good or bad your reviews belong to the management company. I am thinking of using a new management company but they don’t allow me to be cohost so I am considering not using a management company.
From my experience as a Co Host and running a STR consulting business, it is never a good idea to employ a management company. As you mentioned, if the agreement needs to be terminated, all the reviews stay with them and many do not allow you to be a Co-Host. The track record for these companies is poor with many complaints.
I suggested finding an experienced Co-Host who can assist you. You should always be named as primary Host/Owner (this way all the reviews stay with your profile). Be sure to have a signed contract with your Co-Host and set an intial short term of 3-4 months so either party can terminate it if things don't work out.
Airbnb has a platform where you can search for an experienced Co-Host or you can join your local Host club and ask for references:
Find An Experienced Co-Host
https://www.airbnb.com/help/article/3472
Local Host Clubs
https://www.airbnb.com/resources/hosting-homes/a/what-are-airbnb-host-clubs-575
Thanks for your response. I was thinking of using evolve but they won’t let me be guest host even and I have very minimal ability to modify how they list my property. Learned today from my current guests that they rented because my unit has two bathrooms but that isn’t mentioned nor is it mentioned they are en-suite so perfect for a couple to rent. I am told maybe I will have ability to suggest that but no guarantee. I paid for my first set of professional photos and they want new ones regardless. I will look at alternative supports you suggested.
Just type Evolve in the Search the Community box at the top and you'll see why they are not a good choice. Lots of complaints and unhappy owners. Same with several other large property management companies.
I think you'll be much happier choosing an experienced Co-Host of your own and remaining as primary Host/Owner on the listing.