When done well, managing a vacation rental such as Airbnb can be very rewarding. For instance, you can meet great people, share your home with other people, and earn some income in return. However, treating your Airbnb property as a hobby is not good, especially if you want to create a successful and profitable vacation rental business. To make the most of your Airbnb business, avoid these top AirBnb property management mistakes.

Having Bad Or Insufficient Photos

Since vacation rental photography is increasingly evolving, avoid taking cell phone snapshots or anything that might not indicate quality. Thankfully, there are many property management persons offering services such as drone photography, professional photographs, professional videos, floor plans, among others.

Setting Up Wrong Expectations

One of the worst mistakes that you can make is exaggerating the truth so that your Airbnb can sound better than it is. Your excessively colorful property descriptions might bring you lots of initial bookings, but in the long run, you might get very bad reviews or even cancellations. Although you need to be honest, this does not imply that you can’t be creative.

Fixed Pricing

Locking your Airbnb rate after checking out the rate of your competitors might seem to be a good idea, but are you aware that many hosts have flexible pricing to entice guests to book during the low season? These may also work against you during high seasons such as holidays and Christmas. Don’t be afraid to change your prices throughout the year and always keep an eye on your competitors.

Lack of hospitality

Remember being a host is much more than taking bookings, reservations, and payments. Being a host or a property manager is entirely about creating a positive and memorable experience for your guests. Make sure you are always the best host—before, during, and after your guests stay.

No communicating clearly to your guests

Making sure you address all your guests’ questions and replying to emails promptly might seem like a very simple thing, but it’s amazing how many hosts let the team down when it comes to communication. This can, therefore, lead to unhappy guests, confusion eventually negative reviews.

Illegal operation

Since it’s simply not worth the legal trouble, you need to be always aware of the local regulations. Always abide by the law to ensure that your business runs smoothly.

Wrap-up

Whether your business is doing great or not, if you don’t avoid these common AirBnb property management mistakes, you might come out of business within no time. So, to ensure that you earn something and make your clients happy, make sure you don’t fall into some of these pitfalls.