The concept is simple: list your property on Airbnb to be rented out for short spans. While you are not required to provide a full-service facility, you do have to pay for upkeep and be willing to interact with the guests. If you are among those who would want to put your property on Airbnb, here’s how to go about it.
List what you offer
Any property can be listed on Airbnb, whether it is located in the heart of a city or in a remote, quaint town with idyllic settings. To list your property, you need to upload photos, mention the rooms and facilities on offer and set a rate.
You will have to provide basic identification and property-related documents to Airbnb along with your bank details to receive payments. It does not charge you money directly—it takes a cut out of every booking (typically 3%). It also charges GST on your behalf, which can range from 0-28% depending on the price. Airbnb also takes identification documents from guests before allowing them to book.
Remember to mention details like whether it’s shared or the entire apartment can be let out and the facilities your property offers like having a caretaker or a functional kitchen or free breakfast. “Putting up pictures of the food we grow in the garden and offer our guests and, of course, free Wi-Fi has made all the difference," said Mayuri Dongre, who lets out her property on Airbnb in Orchha, Madhya Pradesh.
You can also mention location-specific facilities you may have added. Bhushan Manchanda, 65, a professor at Jagannath International Management School, has listed his apartment in Vasant Kunj, Delhi. Apart from other facilities, he has got air purifiers installed to combat Delhi’s air pollution.