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All Forum Posts by: Hali Cordle

Hali Cordle has started 1 posts and replied 3 times.

Quote from @Brett Deas:

I have done this once before, and it can work. It does help for a smoother transition period, IMO. One thing I would do is have writing in the purchase contract or an outside contract stating who will get what revenue, that way they can't flip on you and take all the money you though you were getting from the transition period. 

Another thing to know is you will have to create a new listing once the original host takes theirs down. There is no way to transfer the listing ownership to a co-host through Airbnb. 


 Thank you so much for your response Brett! 

I am in the process of purchasing my first STR. I found a condo I like that already is an established STR. The seller is booked out until August. She said the way it would work is she would add me as a co-host on her Airbnb account while all those dates are fulfilled and I would take all the earnings. After the dates are fulfilled, the Airbnb property would be removed from her account and I would add the property to my own Airbnb account. To me the seller seems very knowledgeable and I would most likely benefit from working with her the first couple months in learning more about STR while we are "sharing" the Airbnb account. Is this how it works? Should I not do it this way? I am aware that Avery Carl's book says to have seller cancel all future bookings and ask renter to book again with the new buyer. Like she also mentions in her book, that already leaves a bad taste in the renters mouth. I'd appreciate your opinions as like I said I am new to this and I'm sure I still have a lot to learn.