MasterHost has been leading the Airbnb management industry in Richmond, BC since 2015. Offering full cycle service from creation of Airbnb listing and calendar management to day-to-day guest communication, property maintenance, emergency response, and keys exchange.
Your home will be well taken care of by our team of professionals. No matter how many listings you have, one or a dozen, our agents will make sure you get maximum exposure on all popular vacation rental platforms like Airbnb, Booking.com, VRBO, and more.
Years on the market
Offering Airbnb Management Services in Richmond since 2015
Per booking
Most Competitive Airbnb Management Fees in Richmond
Properties
One of the Largest Airbnb Management Portfolio in Richmond
Forget about the stress of Airbnb property management in Richmond and let our team take care of your guests so that you can relax and enjoy your free time while earning more from your investment. Your hassle-free Airbnb management experience in Richmond begins with three simple steps:
“Great service and solid performance. They have been managing my home for a while and maintained Superhost status. I’m really grateful to my agent for prompt responses to guests and handling all past emergencies.”
“Thanks for all your hard work, Masterhost! I will keep spreading the good word about your Airbnb management services.”
It is a known fact that most countries, provinces, cities, and often even strata buildings have special rules and bylaws that directly or indirectly regulate the Airbnb licences in Richmond that are required to list on the platform. MasterHost will be your trusted and knowledgeable source of information in this complex process. We will guide you all the way when it comes to working with the municipalities and building stratas ensuring that you meet the Airbnb licensing requirements in Richmond.
When it comes to making your listing stand out from the competition, superior Airbnb Interior Design in Richmond is among the top priorities. This in turn will allow you to significantly increase guest traffic. It is crucial to understand how your property should be staged in order to highlight the key features. This will affect your bookings and experience of your guests. Let our Airbnb Interior Design partners improve the aesthetics of your property in Richmond and increase its value.
The first impression counts the most and that is a fact! Investing in Airbnb Professional Photography in Richmond is one of the most important steps you will need to take during the Airbnb rental journey. MasterHost will arrange for our Airbnb photographers in Richmond to make your listing stand out from the rest.
We know the short-term rental and vacation management industry in Richmond inside out and over the years we have seen it all. Our goal is to connect you with the most trusted home insurance providers. Only with them can you have peace of mind and be certain that your home and your guests are safe and insured during their stay.
We work hard to stay up to date with Airbnb Search Engine Optimization (SEO) in Richmond. With years of experience and constant improvements, we continue getting our clients’ listings in the top Airbnb search results. We use many different strategies and analyze response rates, cancellations, headings and listing content, photos, reviews, and much more.
Because of the nature of our business model and unlike most of the competition our main priority is to achieve highest occupancy rates at the top nightly prices. MasterHost employs many Airbnb Price Optimization tools in Richmond and uses Big Data competitive analysis, seasonality, hotel industry, and local events. This allows us to stay ahead of the competition.
The main elements of our Airbnb Booking Management in Richmond are calendar management, multi-channel capabilities, guests vetting and communication, instant booking settings, price optimization, and booking confirmation. Most of this work is completed before the guests arrive behind the scene.
We ensure that the most challenging part of Airbnb property management in Richmond is handled with ease. If done incorrectly it can easily destroy the guests’ entire experience. Yes, you’ve guessed it – we are talking about Airbnb key exchange management in Richmond. We will make sure to provide your guests with seamless 365/24/7 access to your property. No matter what time of the day or night they arrive you can be certain that they will enter your property.
When you sign up with MasterHost it will be our job to prepare a custom Airbnb Guest Book that will be distributed to all future arrivals. The Guest Book will highlight your property listing the most important instructions about the unit, the parking, amenities, emergency contacts, WiFi, house rules, strata bylaws, trendy restaurants, and coffee bars in Richmond.
What is Airbnb Concierge Service in Richmond? Often overlooked by inexperienced hosts this is a crucial element of our overall Airbnb Management Strategy. It can earn you a significant added cash flow when executed correctly. For example, we can offer your guests services like guided excursions and tours, Airport pick-ups and transfers, booking tickets to local events and shows, reserving space at restaurants and so much more.
We will share our corporate secret with you and let you know the most common reason why hosts fire their Airbnb property managers before switching to MasterHost. Poorly executed Airbnb Cleaning and Laundry get mentioned most often in the negative reviews. We understand that our cleaners’ performance directly impacts the reputation of your listing. That is why we take Airbnb Cleaning in Richmond very seriously. We invest in training and building our cleaning team to offer you a 5-star hotel cleaning experience in Richmond.
Preventative Airbnb property maintenance in Richmond remains on the top of the list of all sophisticated Airbnb investors and for a good reason. If you complete them on a regular basis you can prolong the life expectancy of your real estate investment. The last thing you want is a loss of revenue in the middle of your peak season because you have failed to perform routine maintenance of your property in Richmond.
Based on the latest short-term rental market statistics Airbnb is the most popular platform in Richmond with 92% of the market share. VRBO/HomeAway is standing in second place with a market share of 5%. Booking.com and TripAdvisor have the third largest share of the market at 3%.
MasterHost uses all tools at our disposal to achieve superior results. One of the most important tools is Airbnb management software with multi-channel capabilities and native integrations. With this software at hand, we are able to reach 99% of the entire Richmond short-term rental traffic. Achieving maximum occupancy rates throughout the year for your Airbnb property has never been this easy!
10%
per booking
15%
per booking
12%
per booking
Airbnb Key Exchange
Airbnb Cleaning & Laundry
Airbnb Property Maintenance
Airbnb Guests Communication
Airbnb Listing Creation
Airbnb Listing SEO
Airbnb Booking Management
Airbnb Price Optimization
Airbnb Guest Screening
Multi-Channel Management
Payment Processing
Airbnb Guest e-Book
Airbnb Concierge Service
Dedicated Senior Manager
Priority Response
Free Emergency Visits *
Free Airbnb Photography
Airbnb Licensing Support
Airbnb Insurance Consulting
Airbnb Interior Design
﹡ Up to 2 visits per month
What Does Richmond Airbnb Market Look Like?
If there is any place you are thinking of flying to for the holidays, think no further than Richmond, BC. It’s known for its natural beauty that will pull at all your heart’s strings and leave you daydreaming for months later. From parks to cycling routes, to its heritage facilities, there is just no end to just how much this city can surprise you. Everyone who chooses to book a ticket there will probably wish it is a one-way ticket. Unsurprisingly, the rental business in Richmond is booming. If you find yourself lost with how to handle Airbnb management in Richmond, BC, our proven statistics can help direct you.
What are Airbnb Daily Rates in Richmond, BC
Richmond is a high-quality city with expensive daily rates. The Airbnb management in Richmond is of top-notch quality, so don’t expect a small price tag. You can expect to find an Airbnb property for $136 for only one day. Falling only a few bucks short than the famous city of Vancouver, you could say there’s a competition between both cities. The market demand is known to be fairly high as well as looking at the high potential that the city has.
What are Airbnb Rental Types in Richmond, BC?
Out of the available 1,250 active rentals, about 700 of them are private rooms. That makes up about 55% of the total number of Airbnbs. While the remaining approximately 45% is of entire home rentals. This data can be interpreted in many ways as private room Airbnb’s are a fairly good choice. Couples, small families and even friends are more likely going to choose private rooms. There is a higher possibility of independent guests booking a single room when compared to families booking out homes. On top of that, booking out a full home when you’re only visiting doesn’t sound right. There are also lots of business opportunities in Richmond which can explain business people traveling alone and renting single rooms.
Following this data, in Richmond the bigger the properties the larger demand is placed on them. Studio homes make up only 5% of the total amount of rentals. Consequently, 24% of the rest have one room, 48% have two rooms and 52% have three rooms. The process of Airbnb management in Richmond gets ultimately harder with bigger homes but if they are demanded, it’s counted as a success for you.
What are Available Amenities in Richmond, BC?
Seeing as how big and spacious the homes are in Richmond; the amenities do not disappoint. Facilities such as parking, internet, heating, and dryer availability are easily attainable in almost 90% of all properties. Not just that but washing machines and a kitchen prescience are also included. Comparatively, swimming pools, hot tubs, and unlimited cable TV are also available in a pretty high percentage of rentals. That is when comparing them to other city’s rentals like Vancouver and Surrey.
What Are Happy Ratings in Richmond, BC?
The overall ratings for Richmond Airbnb properties are however low, well in comparison to many other main Canadian cities. That can be because of other reasons such as inhospitable hosts or such. Seeing as how the amenities and space provided is fairly high, customers are unlikely to be displeased. With a final score of 4.52, it is significantly lower than other cities providing rentals of lesser services.
But then again, the low ratings cannot be attributed to the property quality. Instead, it could be because of the Airbnb management in Richmond. Maybe a host and guest misunderstanding as well as coincidental mishaps. 74% of guests are still likely to rate their experience above 4.5, just make sure you focus on making their experience unforgettable and you’ll have a sure-fire chance to rise through the ranks.
What is Minimum Stay in Richmond, BC?
Almost 55% of guests will stay for a single night. This number drops drastically as only 20% are willing to stay for 2 nights. However, according to the provided data, it is seen that 7% of guests will stay for more than a month. That is significantly higher than in other cities where only 3 or 4% of guests are willing to stay for more than 30 days. This may lead to a poorer review score, as it’s more likely for your guest to experience a few unfortunate circumstances when staying for a longer duration. That’s why a professional team to help you increase the overall experience for the guest is vital…
Airbnb Property Management can be difficult, especially for new hosts. If you want to add a touch of professionalism and quality to your Airbnb business, simply get in touch with our team and we will be able to assist.
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