There are a growing number of real estate properties that are being transformed into Airbnb rentals in San Francisco, San Diego, and Los Angeles. Given the demand for Airbnb, Steve Barbarich made it a point to help these businesses operate. He discovered the potential of short-rental properties after crunching the numbers. He then realized that Airbnb as a platform can triple the gross income of a property if done correctly.
However, it isn’t exactly as easy as you think. There are instances when hosts end up losing money for a variety of reasons. For one, there’s the marketing aspect. Next, there is also the fact that people have to take care of the daily operations.
Steve Barbarich started his Airbnb management company to make sure that hosts are starting their vacation rental get to maximize their property. And these are some things that he focused on.
Evaluating Competition
A lot of times, hosts tend to underestimate their competition thinking that guests will book their property regardless if there is a nearby rental or not. In reality, the saturation of the vacation rental market plays a big role in the success or failure of an Airbnb business. Steve Barbarich studies the market in the area or in the neighborhood. This gives him an idea of how much is the average price and if the property has a chance to succeed given these conditions.
In some cases, Steve Barbarich drops the bad news to the hosts. Unfortunately, not all hosts are going to accept the bad news. Some would still prefer to continue with their business despite Barbarich’s advice. In most cases, these properties end up transforming into long-term rentals.
Complaints Management
One of the things that Steve Barbarich managed to do with hosts especially those who were just starting is to help them with complaints. He had his share of complaints when he was starting as an entrepreneur. And with Steve Barbarich complaints management service, hosts get to respond to guests that have a problem with their property.
Steve Barbarich offers a team of social media experts that can make sure that the property’s overall reputation online remains clean. And if there are complaints, his team can reach out to the guest and fix the problem before it gets worse.
Fraud Detection and Prevention
Steve Barbarich also helped a lot of property owners deal with fraud. Steve Barbarich fraud detection and prevention tips prevent hosts from losing money. One of the things that he managed to stop among his clients is the scheme wherein the guest will file multiple complaints about the property thinking that they could get to stay for free because the host is afraid of a bad review.
With the help of Steve Barbarich, he managed to come up with different precautions that allowed hosts to operate with peace of mind. He made it possible for vacation rentals to have cameras in common areas that will facilitate proper documentation. On top of that, he helped screen guests checking the past reviews made by other hosts.
Steve Barbarich and his experience allowed hosts to come up with a good plan when it comes to their property. It helped avoid problems and transformed mediocre properties into busy Airbnb rentals.
Steve Barbarich Internet Marketing Consultant 