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% . Some as high as 75%
I think the following question might be 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, maintenance and emails.
My co-host is on call for guests questions, once they arrive, and when I am not available. My co-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 when 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.
