How much does a co host get paid?

in
New York, NY
Level 2
21,120 Views

Hi,

 

My husband and i have a listing but we are going to be very bussy in the future months and we were thinking in getting someone to co host our place while we are busy or out of town?

Our question is;

 

How much does a co host gets paid? 

 

 

Thanks in advance !

1 ACCEPTED SOLUTION

Accepted Solutions

Re: Co-hosting

in
New Jersey, United States
Level 5

That's up to you and your co-host to decide, and depends upon how much work they are doing for you.  Rates seem to vary from 7% - 50%.
Questions to discuss:
Are they handling all the bookings, replies, emails, etc for you?
Are they handling the cleaning?  What about simple maintenance?

Are they on-call for the guests?

 

You can pay your co-host a straight percentage and keep the cleaning fee (if you charge one), or give them the clening fee and a (usually lower) percentage of the booking fee.

 

We pay our co-host a straight 40% (his preference) and we keep the cleaning fee to offset that cost.  He handles all the cleaning, bookings, emails, phone calls, everything except paying the taxes, etc., which we obviously have to take care of. 

 

Hope that helps.

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93 Replies

Re: Co-hosting

in
New Jersey, United States
Level 5

That's up to you and your co-host to decide, and depends upon how much work they are doing for you.  Rates seem to vary from 7% - 50%.
Questions to discuss:
Are they handling all the bookings, replies, emails, etc for you?
Are they handling the cleaning?  What about simple maintenance?

Are they on-call for the guests?

 

You can pay your co-host a straight percentage and keep the cleaning fee (if you charge one), or give them the clening fee and a (usually lower) percentage of the booking fee.

 

We pay our co-host a straight 40% (his preference) and we keep the cleaning fee to offset that cost.  He handles all the cleaning, bookings, emails, phone calls, everything except paying the taxes, etc., which we obviously have to take care of. 

 

Hope that helps.

View solution in original post

Re: Co-hosting

in
New York, NY
Level 2

Thank you Susan! 

 

I'm actually very interested in becoming a co-host and do it as a part time job.

 

Thanks for your tips.

 

Noel

Re: Co-hosting

in
Hendersonville, NC
Level 2

Hi Noel,

I cannot find the information about becoming a co-host.  Did you find out anything?  I don't see any responses to this question from any of the folks on the message board.  I am interested in being a co-host in the Asheville, NC area.  Thanks a bunch.

Lin

Re: Co-hosting

in
Penfield, NY
Level 2

Hi Lin,

I have a property in Arden, NC that I rent on a long term basis.  I have a vacation rental where I reside in Rochester, NY.  I am always looking for help with general maintenance on the property in Asheville!  We should talk.  My property is True North Lakeside Retreat in Rochester, NY.  If you are interested, get in touch with me there so I don't need to post my email/phone here! Laura

Re: Co-hosting

in
Arden, NC
Level 1

Hi Laura, I hope this finds you well. I live in Arden, NC and I'm at native to the Asheville area. I own a small business called CoHost. We manage Airbnb's in the area. We take care of cleanings, lawn maintenance, and we offer concierge services for guests. We enjoy what we do and we make it priority that guests are welcomed and have the best experience possible when visiting this beautiful city. We would love to help manage your property! 

Re: Co-hosting

Level 1

What is your fee schedule? 

Do you have any idea what a typical ROI is on a rental property?

 

 

Re: Co-hosting

Level 2

I am trying to determine what an appropriate co-hosting payment should be. I plan to discuss it with my co-host as well.

I have heard of rates varying from 7% - 50% as you have noted here. Some as high as 75%


I think the following question you listed are important questions to discuss:
Is the co-host handling all the bookings, replies, emails, etc for you?
Is the co-host handling the cleaning? 

Is the co-host handling simple maintenance?

Are they on-call for the guests?

 

I handle all the cleaning (I pay a cleaning company), bookings, and emails.

My co-host is on call for guests questions when I am not available. My co-host host does not do cleaning, maintenance bookings or initial replies. However, we do discuss hosting requests and he helps guide me on what to lookout for and adhering to Airbnb guidelines.

 

I thought 10% would be reasonable under the circumstances as there is very little profit. Enough to cover cleanings, maintenance, and supplies. I handle most of the maintenance myself as It relates to small repairs or installations around the home. I pay contractors to repair or install what I am not equipped to handle. 

 

What do you think? 

 

I thought 10% might be reasonable.

Re: Co-hosting

Level 2

Hi Kasey,

My sister in law has six new units in downtown Ashville i think she is looking for someone to help her, she also owns the property in San Miguel de Allende Mexico that I manage,  can you send me your information to:

**

 

thank you!

 

**[E-mail address hidden due to safety reasons - Community Center Guidelines]

Re: Co-hosting

in
Sarasota, FL
Level 3

@Kasey10  Hi, I have some questions about rates, I also manage condos and homes in Sarasota. I am exhausted and feel I am not being paid enough for what I do. Can you please call me at 941.356.2262 at your convenience. Thanks so much. 

Re: Co-hosting

in
Charlotte, NC
Level 2

Do you know anyone that co-host in Charlotte NC?

Re: Co-hosting

Level 2

we have a home in Omaha Nebraska that did very well on airbnb. the property was hosted by a company in florida but they only do high end properties now. ours is in the $250 range and always got 5 star ratings. we are looking for a reliable company to host. we can help provide cleaning crew to manage locally in Omaha. Please advise if your company will be interested. I can be reached via email ** or cellphone **. Thanks. Mike **

**[E-mail address & phone number hidden due to safety reasons - Community Center Guidelines]

Re: Co-hosting

in
Murrieta, CA
Level 2

@Mike2009 Hi Mike! We would love to assist you with co-hosting -- we have a couple properties we manage in Lincoln NE (a handful in southern California as well) and specifically only manage Airbnbs as co-hosts. Feel free to shoot us an email at hello@jhkingmanagement.com 🙂 Take care! -Huyen

Re: Co-hosting

in
Ouarzazate, Morocco
Level 1

 how to pay my co-host?

Re: Co-hosting

Level 2

My co-host is on call for guests and works with me to navigate using Airbnb. We are kind of learning together.

The cohost does not yet respond to guest, nor cleans, or nor does any maintenance.

He helps me vet and find maintenance/cleaning  services as needed.

I want him to weigh in on what is reasonable because he is really great.

Another thing not much profit at this point. Just enough to cover the primary expenses with a bit left over maintenance and cleaning.

What do you think?

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