Hosting an Airbnb can become overwhelming at times. If you’re like me, it can be hard to find enough hours in the day to accommodate cleaning, guest communication, and advertising… not to mention my own life!
Having a co-host is a great option for a lot of Airbnb owners. They can help alleviate some of the responsibilities of the host and make for an overall much better Airbnb experience for all. If you don’t operate an Airbnb but are looking to make some extra money in the hospitality industry, co-hosting could be a terrific option for you as well. Airbnb has made some changes recently which left a lot of people asking…
How Do Airbnb Co-Hosts Get Paid?
There is no longer a direct payout option available on Airbnb. The entire listing profit goes directly to the host, who must then be billed by the co-host to receive their payout. Many accomplish this via PayPal or Venmo, but it is important to have a payout agreement in place.
Wondering if co-hosting or hiring a co-host is the right move for you? Be sure to keep on reading to find out the pros, cons, and details about having a co-host!
How to Select an Airbnb Co-Host
Choosing the right co-host is critically important. They’ll be your right hand man (or woman), and can do just as much or even more than the host does themselves. A co-host needs to be someone that you trust, as they will greatly affect the experience of your Airbnb.
A lot of people have a spouse listed as a co-host. In this case, the title is mainly a formality as the spouse most likely is just as much of a host as the primary one. Assigning a spouse as a co-host can give them access to listing edits, messaging features, and more, potentially making it a lot easier to run your Airbnb than if you simply shared one account.
Another option is to assign a family member as a co-host. This doesn’t necessarily have to be someone that lives with you, but could be someone living nearby that doesn’t mind helping out from time to time. Family members are obviously the most trusted type of co-host that you’ll find, and things like payment discrepancies or home maintenance are far less likely to be issues.
The third type of co-host is a trusted friend or business associate. Some people even have their cleaners listed as co-hosts for ease of sharing a schedule with them. This obviously has its pros and cons, since (as we’ve discussed) co-hosts have a lot of influence over a listing once added. If using a friend or employee as a co-host, be sure to have a solid plan outlined in advance for who will handle what, how they’ll be paid, and what kind of a time commitment is expected of them.
The final option for co-hosts is to find a “professional”. There are a lot of people who co-host Airbnbs as a source of extra income, and for some it can even be a full-time job! These types of co-hosts likely have a good idea in mind of what they’re willing to tackle and how much they would like to be paid. They should be able to provide references from other hosts, so don’t be afraid to ask.
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How Much Does a Co-Host Charge?
The amount that co-hosts charge varies widely. Some charge as little as 5-10% per listing whereas others charge 50% of the listing price per booking. The biggest factor that will influence the cost of an Airbnb co-host is how much you expect them to do for you.
For “light” duties, such as answering the occasional message or restocking toilet paper overnight, expect a lower percentage rate. However, co-hosts who take on a lot more hosting duties should be paid in accordance. For example, if you’re out of town for a weekend and need them to take over a booking, expect to pay a significantly higher percentage rate.
Does it Cost Money to Be a Co-Host?
Not necessarily. Co-hosts often have to spend their own money on supplies for an Airbnb, much in the same way that a regular host would. However, these shouldn’t come out of the co-host’s personal wallet! Any expenses related to the Airbnb should definitely be reimbursed quickly, so be sure to have a solid bookkeeping system in place.
In general, the vast majority of the money spent on hosting an Airbnb comes from the host themselves. They own the property (in most cases), and pay the associated bills, taxes, and insurance. They are the ones footing most of the cost of operating a rental, but that doesn’t mean that a co-host shouldn’t be paid fairly for their valuable services!
What Are Some Alternatives to Airbnb Co-Hosts?
If you aren’t sure as to whether or not a co-host is right for you, there are some other options if you need help managing your Airbnb. Consider management software specially designed for rental owners and operators. They will help streamline your workflow and often come at a fraction of the cost of hiring an employee.
If general maintenance seems to be taking up most of your time, consider hiring a cleaner or helper for odd jobs if you haven’t already. Turning over an Airbnb after a stay can take hours, or even a full day in the worst cases. Save yourself the time and headache by outsourcing everyone’s least favorite task.
How Does Co-Hosting Work on Airbnb?
When hosts want to delegate some (or even most) of their hosting duties, they can assign a co-host to a listing. To do this, simply select the listing on Airbnb, edit it, and click on Co-Hosts. You can add up to three co-hosts per property, but very few actually need that many.
Co-hosts are often close friends or relatives, but they don’t have to be. Many people make extra income by co-hosting. A great way to find someone to help you out is by checking out other listings in your area. Where the host is listed, sometimes there will be a second or third person with the description of “helping” the main host. You can contact these co-hosts to see if they’re offering services and what their rates are.
What are Airbnb Co-Host Responsibilities?
This can vary widely depending on the listing, the volume of guests, the involvement of the main host, and lots more. However, generally hosts outsource a lot of their more time-consuming maintenance duties. These may include things like cleaning, restocking, guest messaging, and even updating the listing.
Co-hosts have access to a lot of the same features as the primary host does on Airbnb. For example, they can edit the listing and contact guests, which are both very important responsibilities. For this reason, it is crucial to have a co-host you can trust.
Do I Need an Airbnb Co-Host Agreement?
There aren’t many requirements through Airbnb as to what co-hosts must do. They simply have to agree to the Terms of Service on Airbnb in order to get started. However, this doesn’t mean that you shouldn’t have some kind of agreement between a co-host and host!
Agreements are most important where they pertain to payment. Since co-hosts no longer collect payment via Airbnb directly, they must rely on the host to pay them consistently. A legal agreement that both parties have signed is a good idea in case a discrepancy ever occurs.