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How your home can make you money

Lifestyle
4 years ago
2 minutes

It’s easier than ever to list your home online as a holiday rental, and websites like Airbnb, Stayz, and HomeToGo are popular with hosts and guests alike.

Thanks to their user-friendly functionalities and protections for both hosts and guests, people can utilise these services on either side of the transaction with confidence and peace of mind.

If you own a home in a sought-after location – or have explicit permission from your landlord to rent your home via a short-term holiday rental website (be mindful if you’re renting that without written permission from your landlord you may be breaching your tenancy agreement) – listing your home as a holiday rental online could be perfect for you.

 

Things to consider


Why would someone want to book your home as a holiday rental? Do you live in a capital city, or a popular beachside or regional destination?

Understanding your potential guests will help in creating an honest and attractive listing. Are you likely to appeal to people travelling on business? Families or couples? Once you have ascertained this, you can gauge the kind of accommodation and included hospitality they may expect.

Decorating to suit your surrounds is also a great way to create a well-received atmosphere for your guests. If your home is located in a seaside destination, try and subtly enhance this through your interior decorations, or if you’re in the countryside or big city, add thoughtful touches to highlight this.

Remember, people are visiting your suburb or locale for a reason, so select toiletries, groceries and other items you intend your guests to use from local businesses.

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Complementary tea, coffee and snacks are often included in a holiday rental, and nice touches like this are a great way to ensure happy guests and encourage positive reviews.

Ensuring that your guests have a comfortable, clean space to enjoy is vital. Many guests who book via sites like Airbnb are open to renting a room in a house with other occupants, meaning you may be able to list your home as a holiday rental and remain living in the house. As long as you have made it clear in the listing that this is the arrangement and your guests have space and privacy, this is a great way to make a bit of extra money from your home.

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