386. Hosting Hotline: What Makes a Firm (and Fair) Vacation Rental Co-Hosting Contract?

Welcome back to the Hosting Hotline! This is an Ask Me Anything where each week we’ll answer your questions on Airbnb, STRs, real estate, and everything in between.

Suzie asks:

I am new to co-hosting and I want my contract to be thorough, but not too nitpicky. What are some items you would add to your co-hosting contract today that you didn't think of when you were first starting out? Repair and maintenance times? Supply purchasing, design fees? Do I charge for my time?

(00:01:44) Suzie Asks for Tips on Writing a Good STR Co-Hosting Contract

(00:03:00) Importance of a Solid Foundation for STR Co-Host/Owner Relationships

(00:05:13) Common Exclusions & Risks in Vacation Rental Co-Hosting Agreements

(00:09:11) Decision Making Process: Who, What & How Much?

(00:10:11) Setting (High) Standards for Your Co-Hosting Portfolio & Pay Structure

Thanks to everyone who submitted questions. To hear your voice on the show and send a question to Sarah and Annette, submit your burning hosting questions at: hostinghotline.com.

Resources:

• Click here for full show notes

• Link to our mastermind! thanksforvisiting.com/microcast

• Video: 3 Things ALL Beginners NEED to know BEFORE Starting an Airbnb Business

• Airbnb Essentials Checklist: hostchecklist.com

Thanks for Visiting is produced by Crate Media.

Mentioned in this episode:

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Quiz | Take our quiz to reveal your hosting personality style!