New to Short term rental: why you Should start with Airbnb

New to short term rental? Read this comparison between house sharing platforms and check why Airbnb is your top choice.

Travelling and lodging has become a favourite hobby for many. Seeking experiences and creating memories by traveling is touted as a favourable option over materialistic pursuits. We live in a time where flights are the closest thing to time travel. It makes moving from one corner of the planet to other easier and faster.

When it comes to lodging, choices are many but the wise choice is only one.
Renting an Apartment from Airbnb outshines various competing brand because of the value offered by Airbnb.
There are websites like tripping.com, flipkey, homeaway, VRBO, housetrip etc. The choice is tremendous and may be hard to choose one at first.
Airbnb started 9 years ago and currently valued at $31billion, it is one of hottest success story in the lodging and rental space, as well as in the startup sector.

As a matter of fact, you and I as guests or rental owner stand to gain a lot from Airbnb. When you are new to short term rental, and you rent an apartment Airbnb, you have the opportunity to discover and browse through multiple listing. Once you decide on a property, and you are new to short term rental you can secure the booking through Airbnb integrated payment system. You get confirmation from the website at the snap of your finger!

Thanks to its system and spread, Airbnb redefine the concept of rent itself for an entire generation of millennials.

Whereas Homestay and VRBO are online classified, where rental owners pay a fees to put their ads on the website. Also, the act of booking and payment of the property takes outside the platform. Not only does it take it more time to confirm a reservation, but also at the cost a mediator who facilitate the transaction.

This simply means more security as Airbnb facilitates the transaction between the guest and the rental property owners.

Rent an apartment Booking.com or Rent an apartment Airbnb?

Booking.com is a one-stop shop that offers a blanket travel services from flight ticket to hotel reservation and even car rental. It is a portal which closely resembles the offerings by Travelocity.com or Expedia.

On the other hand, Airbnb offers a unique, personalized stay in a city which is creatively pushed by its tagline – “Book unique homes and experience a city like a local.” Instead of offering a cut and dried check-in services like that of a hotel, Airbnb believes in localized high-quality shacking experience.

What about Homestay vs Airbnb?

Homestay is an online community that connects travellers with families or individuals who wish to open their homes to travellers. Although Homestay and Airbnb possess lot of similarities, the single distinct feature between the two, being that homestay focuses solely on shared property whereas Airbnb lets a guest check in a private space.

Booking fee on Airbnb is only 3%, while it 15% on Homestay, which is paid by the hosts. With homestay you’ll always have a family or an individual sharing the space. Airbnb provides a choice to the guest which makes it all the more superior.

 Airbnb cares more than you think ($1 million pay-out insurance)

While user-friendliness, integrated payment system and a comprehensive review system should in itself make us want to stick to Airbnb, a $1 million guarantee in insurance is simply an offer that you cannot refuse. Airbnb cushions you against any insurance claim made against the guest for up to $1 million, which could potentially erase years of revenue in a single swipe.

In cases of personal injury caused by the rental property to a guest, the claim made by them could be in thousands of dollars. Although, there are mediation services like dispute settlement and mutual peace amends, the end result could be upsetting, therefore the host guarantee becomes a life-saver. In cases of delinquencies from the guest, Airbnb ask the guest to pay for the damages instead.

In order to claim the damages as host, you need to provide receipts of articles and items that were damaged or stolen.
Additionally, you need to provide police complaint report that states that damage done was substantial in nature (upwards $300).
Photographs of the damage being claimed along with ownership certificates and other documents that can expedite the claim process.
The purpose of this is to avoid frivolous claims made and always facilitate reimbursements in genuine cases.

This insurance get you covered also for damages created by your co-host.

The longer you associate, the better Airbnb reciprocate!

One of most distinguishing attribute of Airbnb is that it leaves no stone unturned for the satisfaction of the guest or the host. Rent an apartment Airbnb style always trump renting from any other site. In one of its creative marketing campaign, Airbnb revamped the listing interface making each of them appear as a distinct movie poster.

So for instance if you’re renting from a family with three sisters, the listing had a poster of three sisters posing for a pin-up. Similarly, Airbnb offers free photography service to host in order for them to get each listing the uniqueness and personalization it deserves. None of the competing website make for such compelling proposition.

Even though the service has been stopped in some countries where Airbnb was enough present there are still many areas where you can access the service.

Superhosts on Airbnb are those who are providing exemplary services for a long time. It is badge of honour and as a host, it one of the biggest honour you can aspire for. It takes years of dedicated flawless customer service for one to become a superhost. Airbnb understands your long-term association and loyalty to the brand. It offers priority customer support to super-host.

This means if you face a problem you’re provided a faster service than a newer host because you’ve made serious contribution to the growth of Airbnb. Moreover, there is a separate filter for listings with super-host which translates into more bookings. Superhost who maintain their reputation for another year is awarded with $100 travel coupon.
There are other exclusive events that is open to superhosts. I highly doubt if there is any other vacation renting community that offers unparalleled services, or this type of rewarding programs to others like that of Airbnb.

For a starter, Airbnb is your trusted partner.

If you read about what separates Airbnb from competitors, it is highly likely that Airbnb is your first bet for renting out a room or your apartment. For a first time listing, Airbnb offers a great start because the platform offers a secured gateway for payment and booking. You don’t have any to pay any registration fees which makes for zero start-up cost. Another feature to take into consideration about Airbnb, is that it is purely meritocratic. You cannot advertise your property on the platform therefore there is no risk of not being found because of your competitor.

The site runs multiple campaign throughout the year highlighting top listing in a city which keeps the spirit of lodging alive.

Whose better to advice you on this domain than a host himself? So grab your back-pack and experience the destination city like a local through Airbnb.

 

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