Two hosts discuss why co-hosting vacation rentals is harder than it sounds. Managing owner expectations and negotiating rates caused more friction than dealing with guests, eventually leading to burnout and ending several partnerships.
Chapters
What did you find was the challenges and the differences when you start doing the co hosting compared to owning. Yohnsdirect.
When I started co hosting I kind of thought all right, big deal, I gotta learn the house intimately and other than that I'm managing guests. Guests are the easiest part of co hosting. Owners are the hardest part of co hosting. You have your rate to some extent negotiable or as negotiable as you want it to be and then you have your terms for supporting that rate when you're getting into it. What I didn't realize is that personally I didn't do well giving concessions on both terms and rates for my services. It just left me unhappy and burned out. And so what ended up happening, to be honest with you, is we had to go a different direction. We had to part ways with several of our initial co host clients because we were just unhappy.