cohosts Airbnb just threw you for a loop as August first you're not collecting
any more money on the Airbnb platform you're gonna have to bill your clients
directly good for you I've owned businesses for ten years and
taking people's money is what I do so let me teach you how to build your
clients for the Airbnb services you offer and I even made you something for
you help you out so let's get into it
all right welcome back Airbnb family Yes, I'm qualified to talk about this I
have owned the media consultancy for 10 years. you know of course I've had
sales teams other marketing companies I'm mold and water certified so I have a
storm recovery business and of course I have over 40 Airbnb properties on the
platform and we managed 40 other Airbnb properties to so this is what we
do and we have our own way that we track someone's Airbnb and non Airbnb bookings
that we invoice them directly so this is something that we've already been doing
I made something for you on Google Drive it's a template for you to follow and
actually you will calculate how much somebody owes you automatically so I'm
gonna leave a link here and there's gonna be tech and a link in the
description you can go to my web site type in your email and some information
and you're gonna have that for free but let me walk you through how this thing
works so let's pull up a screencast of the
same so what I've made for you here you're gonna punch in what your
management percentage is what your management fee is and then you are going
to just start going from there you also want to mark yes or no: Y or N for
whether or not you're gonna be billing your host for a percentage of his non
cleaning fee revenue okay so there's multiple areas that you're
going to be making money off this reservation those can be the total
booking revenue but in that is your cleaning fee and in that is non thin fee
other fees like resort fees other stuff like that
so mark whether or not you want to take a performance fee from that as well so
now below every single line is going to be a reservation it's gonna be have the
the start date the listing name or address some sort of identifier the
number of days the purse is staying just to put that in there the reservation
cost you're gonna put your cleaning fee how much you are charging them to clean
it does not have to be the same cleaning fee that's listed on the site and then
also mark any non cleaning feed extra piece in that column as well
it's going to self calculate everything that you need to know and so over a date
range right keep this uniform over a date range I would do like Monday
through Sunday or something of the like and just do all of the reservations and
do this in sweetly just put all those reservations
one line at a time and you're gonna notice at the top it's gonna calculate
everything for you and so what it's doing is it's taking the total
reservation cost and calculating a management fee out of that but it's
deducting the cleaning fee you've already charged before it does the
management fee deduction and so what also does is it calculates the total
accrued fees that are non cleaning fees and taking a management fee cost out of
that but if you choose not to charge your client for that it'll deduct your
management fee from this costs make sense so things you need to know here
that actually matter to why this works a lot of times we charge for cleaning the
data customer checks out and we clean that's almost cleaning companies charge
is when they do the work but Airbnb is different Airbnb Awards the hosts the
reservation costs and the cleaning fee 24 hours up to checkout right so the way
I want you to use this document is the day your client gets paid is the day
that it goes into the invoice right cleaning fees and all don't separate the
two because otherwise it's going to make double the work for you and it will
confuse your hosts so use this document feel free to ask me some questions on my
Facebook page about this thing once you've used it but of course you have to
go to the website I'll punch in your email and stuff I want to know where
you're co-hosting from so I'm gonna ask you that too and that way you can use
this document until you find a better way to track your services so have fun
with this and by the way I've got a book recommendation for you guys you have to
be business owners now so go to audible.com
and there's this book called critical business skills for success
it's a 34 hour audio book that talks about everything business it's pretty
high level so if you want something before that you can go to Barnes & Noble
or amazon.com and buy a book called how business works that's also really cool
too so these are the little things that makes what makes us great so thank you
for watching everything be automated have fun color
things I'll see you on the other side