It’s been three months since we started our Peer-to-Peer (P2P) rentals with Airbnb and Turo. Since then, we’ve been able to get enough bookers (renters) that leave us a 5-star review that we’ve achieved “Superhost” status on both platforms. A Superhost on Airbnb is the same as an “All-Star host” on Turo. Both designations will help place our listings higher in search results (among other things) and should bolster earnings.
According to Airbnb, “ Superhosts are experienced hosts who provide a shining example for other hosts, and extraordinary experiences for their guests. Once a host reaches Superhost status, a badge will automatically appear on their listing and profile to help you identify them. We check Superhosts’ activity four times a year, to ensure that the program highlights the people who are most dedicated to providing outstanding hospitality. The Superhost Terms & Conditions apply. Airbnb doesn’t endorse or sponsor any host, including Superhosts, or their listings”.
The same can be said for Turo’s “All-Star” hosts. “They’re the top-rated, most experienced hosts on Turo”.
The Summer months were an eye opener for us on how much money a P2P rental can make. Between Airbnb and Turo combined, we’d brought in over $10k. HOWEVER, this month has seen a dramatic slowing of renters! The month is half over and we’ve only brought in about $750. That’s not horrible but compared to summer, it’s not quite exciting. It’s still the coolest money I’ve ever made though.
The biggest tips I can offer for reaching Superhost status is to follow each platforms suggested tips. I use auto-pricing for both and will occasionally lower the day-of prices to try to snag last minuter’s. That has worked well to fill last minute spots but it doesn’t do anything to help boost our revenues. Superhost status will hopefully pay off, literally. *Search results can be filtered to Superhost only, so not having that designation will prevent listings from appearing first in search results.
The image above is our Airbnb earnings. In addition, our Turo has only secured about $200 this month which brings us to our $750 (x2 for $3k on the month🤞). Since receiving Superhost, I’ve raised our rates on both platforms. The increased exposure from ranking higher in search can only be positive. Lookin’ to have our listings be the first to pop up and the soonest to be booked! This customer service stuff is no joke. Gotta get those 5-stars!
If you’re looking to make some easy(ish) side money, I highly recommend hosting your own P2P rentals. Rooms, Cars, equipments, space, experiences, you name it, people rent it. If you don’t mind a little extra noise and can put up with near daily house cleaning and ass kissing… Hosting is for you! 😎
If you’re thinking, “this guy is nuts”, check out “Consumed with Trying to Retire Early”.
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