Superhost Status Excites!
At the middle of October, we have been granted Superhost status by AirBnb. I have achieved 10 reviews of 5 stars on AirBnb. I still have more bookings on AirBnb than I do on any other site, though I focused on it first. Taking the benefits that were offered in exchange for higher rankings, I agreed to do auto-bookings on this site.
Once I got the reviews I wanted on AirBnb, I switched over to focusing on VRBO. I set VRBO on auto-booking, and lowered the prices in a quest to get a few more guests in the door.
Lastly, I set up Booking.com and am now tweaking my listing there.
My current toolbox is:
-Beyond Pricing for regulating the price through their algorithm.
-AirDNA to see where guests are coming from, what others are getting in terms of occupancy and vacancy, plus rates.
-Sam’s Club for supplies
-Target for sheets and toys
My biggest surprise so far is that my most prevalent guest has been a set of grandparents, with their adult parents and grandchildren. Many come from another corner of Florida.
I noticed that a few lenders are advertising purpose finance for short term rentals, and am looking at a refinance with Visio of my long term portfolio. I do have a letter of intent LOI in on 4 units that would make a terrific short term rental.