FAQs
Are all properties suitable for this concept? |
No. The ideal properties that we target are located in a sought after tourist area such as the city centre, near events / convention centres or beaches. The properties need to be fully furnished and self-contained (if they are not currently we can consult to fit out the property) and preferably air-conditioned. We also avoid taking on the management of properties that are located in a complex with an 'on-site' manager (such as Hotels or Motels).
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What is the point of difference that separates Host My Home from other similar 'Host Management Companies'? |
Host My Home is a registered and fully licensed Real Estate Agency that follows the QLD Property Occupation Act. We operate a Trust Account and are regularly audited to ensure we are operating as per the Office of Fair Trading in QLD states.
As well as offering the 'Hosting' service we will ensure your property is meeting guidelines such as Smoke Alarm and Pool Safety regulations. |
How much does it cost? |
The Price for Full Management is a 25% commission on the payout from Airbnb who charge approximately 3-5% of the nightly rate. We will not get paid unless you have bookings so it is in our best interest to ensure your property is booked for the maximum rental price as often as possible.
Consultation Service - We charge a rate of $77 per hour for consulations in relation to setting up your own listing, improving your existing listing or perhaps you are wanting to set up a similar business to Host My Home... we are happy to share our secrets!! If you have never used Airbnb before we are offering a ONE HOUR FREE Consultation to assist in creating a profile and listing. The Casual Rate for any preparation, decoration or cleaning prior to the property being listed is charged at a rate of $44 per hour. |
Who pays for the cleaning? |
Host My Home will cover the cleaning and will provide the cleaning materials needed for the job. The guests are charged a cleaning fee which is collected by Host My Home to cover the cleaning costs.
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Who pays for consumables and linen? |
CONSUMABLES
The following consumables will be replenished at the cost of Host My Home – Soap, Shampoo, Conditioner, Washing Powder, Dishwashing Liquid, Dishwashing Tablets, Rubbish Bin Bags, Tea, Coffee, Sugar, Milk, Toilet Paper and Tissues. Anything other than these items will be at the cost of the property owner and will be deducted from the monthly income. LINEN Two sets of bedding / towels per person to be accommodated in the property will need to be provided along with mattress protectors and pillows. |
When do I get paid? |
By the 7th of the month you will be paid the earnings from the previous month. Your money is paid into a Trust Account (monitored by the Office of Fair Trading) and then disbursed to the owner.
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Can I list my property with Host My Home for a short period while I go on holidays? |
Absolutely. Many of our properties belong to home owners who have decided to list their property while they take a holiday themselves. There is no minimum time commitment to make with Host My Home and by having an income while you are on holidays it may just mean you can extend your trip…
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How do I buy properties that are suitable to host? |
Our founder is a registered Real Estate salesperson and has her finger on the pulse. Kerry (our Buyers Agent) is also ready to assist Investors find the right property. Give Host My Home a call today to discuss your 'wish list'and 'budget' on 07 4211 4325.
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Can I stay in my own property when I want? |
Yes. You can block out whatever dates suit you and your family if you choose the option to engage Host My Home to manage your property.
A three day notice period will need to be given to ensure the property is cleaned and ready for your family. If you choose to stay in your property you will be responsible for cleaning and other costs involved at the property during that time. |
What happens if a guest damages my property? |
Hosts are protected up to $1,000,000 with an Airbnb Host Guarantee. Essentially it means you are protected from major property damage when a guest stays in your home. However, there are some things that aren’t protected. Airbnb is very clear on its website that “certain types of property, such as jewellery, collectables and artwork have more limited protections. Hosts may want to secure or remove such valuables when renting their place, and may want to consider independent insurance to cover such items.“
We recommend that you should have homeowners or landlord insurance regardless of the coverage that Airbnb offers. There are plenty of situations in which your own insurance will give you coverage that Airbnb cannot. |
