10 BIG Differences Using VRBO
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- Опубліковано 19 тра 2022
- Competition is getting FIERCE in the short term rental space. You might feel like you HAVE to use a platform like VRBO to keep your revenue up. But before you do, watch this video.
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#AIRBNB #REALESTATE #SHORTTERMRENTALS
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You will need security after this video!!! Your tone and message SCREAMS F**K AIRBNB !!! But in the best interest of someone like me! THANK YOU
Each and every video I've watched from you has allowed for me to learn something new or see things in a different light. Thank you!
A lot of host i know are exhausted by/from airbnb. At least three of them decided to quit. I feel the same way so its good to learn about other options
Hosts hate airbnb and are unionizing and hoping for an alternative
@@Schlakers101 you can be a host on airbnb and work like a dog for 5 years but if one guest complains then airbnb will kick you off the platform and eliminate your entire calendar. Mean company I hate them.
@@Schlakers101 vrbo treats hosts a little better I would say
@@Schlakers101 vrbo also sends you nicer guests. Airbnb attracts hipsters and millennials who stay for the whole trip then demand a full refund because they didn't like the shower head.
Airbnb treats host like dirt.
VRBO give you more power and flexibility
I started to get more booking on VRBO
Ive been on airbnb for 6 yrs but Im new to VRBO. You gave out so many gems in this one. 🙏🏿💛
Please put more VRBO content 💓
Vrbo customers are not ID vetted or reviewed in the same way - riskier customers obtained through Expedia. If you have a crappy place, absolutely go for it, but if your place is nice and you want to keep it that way, I would be cautious to not open it up too much for Vrbo.
Just had my 1st VRBO guest who booked for an adult and a child and showed up with 7 people. They ended up leaving with my Pyrex baking glass dishes and other items. VRBO is not helping to college the additional guest fees even though they called guest and they admitted they brought more people and will pay fee
Congrats on 200k subscribers and so glad to see you back!
We need you :-)
THANK YOU!
We are on our third year of hosting on airbnb and are about to add our listings to vrbo as well for diversity and more options. We are getting tired of airbnbs crap. Airbnb 9/10 times sides with the guest, even when the guest is in the wrong. They don't really seem to care too much about the hosts.
You will get more booking on vrbo than airbnb
Airbnb hosts are planning on forming a union against airbnb abuse. Also hoping a viable competitor comes along. Airbnb = evil
You will find that VRBO is more even-handed and does support hosts more (one prime example was during the whole COVID cancellation fiasco).
@@SWLinPHX vrbo got sued by los angeles and vacated the entire area
@@SWLinPHX I really hate airbnb
Thank You, I totally needed this! I’m on VRBO now and I was trying to understand how to get more out of it! Thank You !
Thank you so much for this info. I'm looking to have my own direct booking. Glad your back. I need you.
VRBO I found to be very clunky. Airbnb is the Caddy!
Glad to see you back...thanksSean
We are new STR. We use AirBnB, Evolve and VRBO and by far, VRBO guests on average book 133 days ahead, followed by Evolve 66 days and AirBnB 48 days.
Drop evolve
They are a middle man that doesn’t provide any real value for their price. Find an alternative to guest communication and scheduling cleaners.
@@AirbnbAutomated - We will look into that - thanks
Hi Sean, nice to see you here again.
Everyone NEEDS a video about the Airbnb 05/11 release. It was really bad for me
seems to have been bad for everyone! except for that yellow submarine listing, i'll bet the views on that are through the roof!
I have been with VRBO for more than 10 years. They are so hands off for everything and respect you as host. airbnb on the opposite, they act like they own your property and wants to control everything. They are all about themselves and very greedy. They treat hosts like garbage. It is the last thing I want to deal with their customer service.
Agreed with you, I have had a hash experience with Airbnb in the past. Some guests came to the property without respecting the house’s rules, partying, overcapacity, and causing a lot of damage. Filing a claim of loss was so stressful and no any host wants to do it. I had a case that settled after a few weeks but Airbnb refused to send me the deposit towards my account. Over a year, I still did not receive it too then I attempted to make multiple calls and talked to many customer services, but they were always ignored. Luckily, I saved the photos shot documents during settlement in my phone and was able to post them to the resolution center, and then they were speechless for the $500.00 claimed.
VRBO doesn't allow you to take a damage/security deposit in advance anymore (one that is charged and you hold on to). They allow you to charge the guest card without immediate approval however which is better than AirBnB, although a guest can contest it after the fact.
How do you do that? I just got a broken bed.
@@kimberiysmarketstrategy For VRBO now you simply report damage and the amount after checkout. It should come off their card immediately (not a "claim") although as I said it can be contested, so be sure they are aware and hopefully agreeable about it. You won't be given their card number however.
Thanks. Needed this info.Looking forward to more.
We would never do a minimum stay less than 4 nights. That is a great way to ensure no rowdy party-ers or events. Some cities won't allow less than 2 nights. AirBnB is the "McDonald's" of the vacation rental industry and more of a grab bag. Most guests you won't have issues with, but there is a good chance the guests you do have issues with will be thru AirBnB more than the others.
@@nicolass3484 You're most welcome. If you have any other questions let me know.
For our 6 bedroom house we have a minimum of 7 nights, for our condo it's 4 nights. Any less then this and you just get people looking to party in your house.
This is our future learn to love it.... THREADS
@@SniperSteve1 Absolutely. I don't understand people who need a full home/house for one or two nights.
See i would get almost no bookings if I did that. 70% of my bookings are one day on airbnb. Its a private modern cabin with one bedroom that can sleep a max of 5. It sucks having to clean every day but I have yet to have any problems with a guest. Nothing broken no big messes like nothing (knock on wood) I do live in a rural area 30 mins from a big ten university. Maybe thats why we have been so lucky. well over 200 bookings so far.
Gracias sean, desde Chapala Mexico 😻
This is the one we've been waiting for! Thanks!
Thanks for the video, looking forward for more videos with VRBO.
Amen, I have been waiting for you start videos on VRBO and softwares. I was beginning to think Airbnb owned you :) jk jk.
Huge fan of guesty and you can increase and decrease prices on different platforms like you mentioned. The automation saves a ton of time. Very interested in more videos on booking channels and pricing softwares. I have messed with the pricing softwares but they always seem to under price our listings.
Aloha Thank you for adding so much value.
Thank you. I was looking for Airbnb alternatives. As a host I am disappointed from Airbnb.
Thank you bro this is exactly the video I needed 🙏🏼
@Sean Rakidzich VRBO has had more than weekly and monthly discounts for a few years now, ever since they switched their calendar and rate structure. You just list it as a percentage off in the calendar sidebar, as you do with weekly and monthly discounts.
What an informative video. I really like it. Thanks.
YEOWZERS Sean.. Another Great Info Video..👍
JohnCat 😎
Hi Sean !!
Awesome video Im new host and this video was very helpful and. Cleared so many doubts.
Thanks alot for sharing Sean!
This is an amazing video and i enjoyed every bit of it. It’s another time of the year. One need to set goals and take a bold step in achieving them. Remember success are not obtained overnight. It’s comes in installments; you get a little bit today a little bit tomorrow until the whole package is given out the day you procrastinate you lose that day of success.
Wow this is so inspiring thanks, do you have any suggestions of what one can invest in 2022?
Well, from my own point of view, you need to invest smartly, if you need the good things of life. so far i've made over $325k since september last year in raw profits from just q4 of the market from my diversified portfolio strategy and i believe anyone can do it if you have the right strategy, mutual funds takes long time but investing smartly is the key for short term. Most of us tend to pay more attention to the shiniest position in the market to the cost of proper diversification.
@@francisken5557 Actually I’m an amateur investor, i have 2 IRAs, I do not like the cookie cutter responses from Fidelity, Vanguard Schwab, etc 7%-9% year on average, how do you invest?
My portfolio is very much diversified so it's not like i have a particular fund i invest in, plus i don't do that by myself. i follow the trades of Karen Gaye Gray. She is a popular broker you might have heard of. I can correctly say she's worth her salt as a financial adviser as her diversification skills are top notch, I’m saying because i see that in her results as my portfolio grows by averages of 10 to 15% on a monthly basis, unlike i can say for my IRA which has just been trudging along, my portfolio just mirrors what she trades and not just on some particular industries of my choosing.
Normal people buy in at high prices the stock market goes down, companies buy stocks back cheaper by introducing some "disaster" Stock rises after a disaster and the cycle repeats.. Having a good entry and exit strategy, will make you succeed in the stock market.
Excellent video thank you so much for sharing❤
Sooo happy to see a new video..
have you shared a vrbo lease template yet? thanks
19:15 ❤️ thank you for the shoutout
I also spit fire while I’m good looking.
Thx for the vidoe Sean!!!
Hello, did I miss the video that includes your booking contract?
Great content. Thanks!
How does owner support compare on the 2 sites? I've found airbnb terrible, even as a super host.
And glad you are healthy and energetic, but a little less rocking back and forth would be good.
Your videos are the backbone of my STVR business. Quick question, you recommended hosthub and wheelhouse but when I was looking in to their partnerships, hosthub said WH does not integrate with them. I know you do a lot of your own dynamic pricing, but I’m scaling now and looking in to the best platforms to make that easier on my time. Thank you for all you do for the STVR community:)
Thanks for that big compliment . Those recommendations are independent of eachother
Hosthub is a great starter manager. Using a pricing software comes later. And you would move on to a more complex software by then
Got it! What’s your choice for the step after hosthub?
Thank you thank you thank you!!!
Who is walmart and who is Wholefoods in your Analogy, 🤣 just messing with you, I love VRBO the best of all platforms! ❤PS. You may want to do an update to this video. Airbnb no longer allows you to collect security deposit which makes me nervous taking their bookings. Also had a poor experience collecting damages in the past, so am not entirely excited about that limitation with regards to collecting SDs.
Love this video. Was really looking for it. Suggestions for those overseas who wont have access to Stripe?
I would deep dive into alternative merchant service providers. Maybe easy pay direct??
on VRBO do guest have profiles like airbnb? I had some bad guest who damage some stuff in my property and want to make sure other host know about them
Still contemplating my guest house/tiny house for a bump to vrbo, my airbnb is 5star for ever- a great deal of thanks due to Sean on that. I would really like more vrbo Sean, the contract for example.
Just wait til airbnb kicks you off due to one guest complaint
@@mmmm7433 I'm a solid superhost, I don't whine to them about petty issues, nor do I harass guests that have minor brain farts. When I do contact the platform, they respond immediately and take care of business post haste. My market niche is very specialized, they wouldn't dare mess with me for a trivial issue related to a guest- my consistent reviews are my evidence. In my experience, I can count on one hand, with fingers remaining, the number of bad guests that should not be permitted on the platform and I let them each know it before I reviewed them. They of course reacted in petty fashion to my issues with them by preparing crazy reviews in anticipation of mine. I had their malicious and untrue reviews scraped from the listing.
@@flightographist sounds like you’re new. Add a few more units or years, you’ll understand. Airbnb is doing what they do and has guidelines to follow. However a lot of it is just talk and they operate in unclear gray areas that they ban listings or accounts with no warning that creates uncertainty for airbnb hosts long term. Whoever you talk to on the phone has no authority.
@@swatisquantum I am a solid super host, 2 yrs now, booked at about 85 average over the yr, winter brings down the average but I am working on that. I host 2 guest houses, not people staying in my home and I don't live in an area with apartment buildings or condo towers. It's a much more exclusive set up; I deal with very few bad guests. I have no issues with the platform, in fact just recently I had them purge two reviews by 2 of those few bad guests- the entitled type that envy our property and illustrate it in contempt for it. At this point, no matter what I do I can't seem to break 4.93 but I will beat that algo yet.
@@flightographist are your 2 guest houses on the same property or you mean separate homes?
I've almost paid my home off and I'm curious what to do in terms of moving forward with a plan to make revenue from it.
We missed you Sean… Hope the rebranding is going well and more videos to come soon :)
I like the fact that guests can be charged trip insurance, but it would seem that by asking them to pay for it might induce an additional level of apathy toward the property. Why not bake that cost into the rate and require a property damage retainer? My concern would be liability insurance.
nice video thank u xxx
Love the video, I’m getting crickets from VRBO though. :(
Needed this. Been dragging my feet on VRBO since it doesn’t integrate with wheelhouse.
Use BeyondPricing which does both AirBnb and VRBO.
Hi Sean, great reporting about VRBO, however I have discovered that VRBO does not allow for Solo Traveler properties- it's platform does not allow for it. I have 2 guesthouses which are exclusively solo traveler properties- is there any hope that VRBO will modify it's platform and allow properties like mine welcomed? Just asking.
This is our future learn to love it.... THREADS
Great information
Thanks for.the great info! I had a question, does VRBO allow you to add a co-host like on Airbnb?
No. You would have to give your co-host your account access or else use a channel manager and assign them as a co-host thru that.
Is there a tutorial on how to jack up prices for one night and then give a discount on them for two and three nights to bring them back down to normal while using price labs? Like he mentions on this video...
As a traveler I've only used vrbo the past couple years
Thanks!
Great video. They prefer the ‘verbo’ pronouncement these days.
I have my place listed on airbnb for over a year now. I noticed airbnb charges the customer a ton of money like over 50% of my price. I know vrbo charges 8% but do they charge the guest that or me? like if i want my rate for a week night at $139 do i have to add 8% to that and list my week night at $151 to cover that 8%? Vrbo seems a lot cheaper but I'm finding it much harder to work than airbnbs site. I'm sure some time on the platform will help.
What do you mean about setting up your own payment system like stripe? I’ve never done that and vrbo has always processed payments for me and transfer them to me. Is this the case if you don’t “pay-per-booking”?
Same question here.
If you have your own website and get it integrated with VRBO you will take the payments and you are in control and don’t have to wait for payment until guest check in.
Great explanation between the 2 platforms. Wouldn't it be easier to just say "virbo" lol
I used VRBO many years ago. A few scammed guests filed chargebacks. How it VRBO with charge backs these days? How to do combat that?
Good timing. Airbnb has become not worth it for me in my market at this time. After the most recent ignoring of our cancelation policy and the countless interactions with poorly informed customer service "specialists", it was enough for me.
Paused my listings and currently booking direct.
How you book direct with customers?
@@marie99cents Right now I am full by word of mouth referrals. Will see about a booking site in the future.
Customer service is horrible! And they almost always side with the guests, even when they broke your house rules!
Yes airbnb support is very poor. You have to get to tier 2 or 3 support level for them to even understand a simple question
The biggest problem with VRBO is payment. Two months after the client checks out she still hasn't paid the owner. I'm one of them. There are complaints about them from owners in different countries. I found it in English, French, Spanish and Portuguese.
This is strange. VRBO pays either a few days after guest pays (Early Payouts) or the day after they check-in. Not sure what country you are in but there must be more to your story.
@@SWLinPHX TY for clarifying! Omg I almost canceled my hosting!
@@kimberiysmarketstrategy Yeah, been doing this for almost two decades and we are listed on every major (and many minor) vacation rental platform. It takes a lot to keep up with all the differences among them (interface, policy, quirks, etc.) and frequent changes!
@@SWLinPHXwhich platforms do you suggest?
@@emmanuelsurf Not sure if you got my response as it keeps disappearing right after post it.
Hi Sean, are you on IG? I love watching all your videos. Thank you for all the information! I’ve been successful with my STR’s with your help.
Did you provide a rental agreement to download?
Good question! Did we need to?
Great content Sean,ths ks so much. I just hired InnRoad for my software. They seem to have everything I beed to keep track of expenses, income, runs report and take payments and give me my payouts. Your thoughts? Where can I find the contract for Vrbo? Thanks
I don’t believe in using softwares. I run on people
@@AirbnbAutomated I will do the same, when I start getting some income form thr STR.
Is vrbo allow the landlord stay one of the bed room out of six bed rooms house?
No, it's for full houses, condos or apts. No sharing like on Airbnb.
How would you improve a listing on VRBO to a higher ranking to get on first page to get more views and bookings?
By adjusting the price often
Become a premier host
perfect video at the perfect time! Currently have 5 listings in my short term rental business in San Diego. With the new STR ordinance laws I think I'm going to have to pivot to the long term rental side with 30 days minimum. Any tips on more ways to deal with the new laws in my City? and dude 48k howd that come about 🤣
Homads is a new site that only does 30 days or more. I just listed my place.
@@janscilipoti3823 hi! How amazing is to find this information, I'm moving out of the country (south Florida) and I want to start this business with my property since I already have everything. Any tips that you can share? Please! 🙏🏻🙏🏻✨
I didn't find this site.
Anyone know why they use the American family insurance jingle?
Im getting 80% of my bookings on VRBO, theres one problem, its 1 fee, no added guest fee, so I had to bring my fee up to where the house is rented for 14 people. I would normally charge less for less people. They also take more $
Odd!I have a 150.pp fee for every guest after 8
Can you have a co- host on VRBO? If so how much access do they have?
I want to find it out too!
FWIW At mm7:30 you said Airbnb but meant VRBO but I guess it's obvious what you meant by your back drop.
I'm a host with Vrbo. With every rental that I have, Vrbo holds my money for days after my guests have checked-in! I'm certain that Vrbo is holding our money to make profit on the interest.
How can I file a complaint?
Thanks
Try doing shoulder exercises on your side from now on. You've painted yourself into a corner with the trap over shoulders, now they're going to over compensate on every shoulder exercise you do and it's just going to make the situation worse.
Side raises on flat bench, everything else leaning on an incline bench, front raises etc. And light enough to not engage trap or back
HiSean, to add to my earlier comment today, I have my 2 solo traveler guesthouses set at 7 days minimum and monthly stay profiled and suited. When AirBnb had a monthly stay platform my listings were on that page- since it's deletion I am floating around in the regular pages. Again, is there any hope VRBO will seek to serve the solo traveler market?
VRBO also doesn't do same day bookings.
At least in my experience in the UK, Air BnB hammers Vrbo 30 to 1 for bookings. Vrbo suck at paying you also.
Thanks for the video, but I have to say you speak really really fast. It almost feels like you sped through the editing. It’s a great video so I’ll just rewatch the video again.
Do we fear being “less interesting” to the AirBnB interest algorithm if/when our bookings are cannibalized by VRBO?
No. We are on both and do well on both.
So I just signed up it’s soo difficult to use and the most disgusting part is that there is not NIGERIA IN THE LIST OF COUNTRIES LIKE WHAT DID NIGERIA DO TO YOU WHY IN ALL OF THE COUNTRIES OF THE WORLD ONLY NIGERIA IS A COUNTIES OF THE WORLD
you should add your intro music back i miss it
I miss the intro too!
Customers forced to pay insurance fees are more likely to trash a rental, bc they think “who cares” everything is covered. Also, adding a $120-200 housekeeping fee, $50 service fee, $80 VRBO processing fee, etc, doubles the daily rental rate for customers. So a unit advertised as $220 actually ends up costing customers ~$440/nightly at checkout.🤣 The bait and switch game can result in negative feedback (or worse...). VRBO not worth the hassle.
My guests either pay insurance or give me a $1500 deposit. I'm on VRBO, I've never had a trashed rental, nothing but respectful, responsible guests.
New to this channel. Did anyone ever get the free rental agreement? Unable to find.
As a host I pay airbnb 3% service fee and I pay vrbo 8% and it's been more than a month now on vrbo and no bookings????
The Vrbo guest pays the ~8% fee, not the owner.
If I wanted to air bnb a house I don’t own could I tell the land lord i am just air bnb the other room to help pay for rent
I have the funds to do this I just want to safe invest my money and stocks and crypto don’t make sense
Been waiting for a video! VRBO, interesting, is that bad for Airbnb SEO as they dislike blocked out days.
Also main question: How are you planning for the slowdown/recession that we are entering because of the FED policies? (RIP our stock portfolios)
- Asking because I'm picking up 4 units and I'm wondering if I should furnish them targeting mid end vs higher end because people have less money to spend
Thank you
I think mid is better but on the higher end side
I've tried several times to call VRBO....does anyone actually work there ???
I've waited 20 mins on the phone and no one has ever answered
I thought you couldn’t keep “Airbnb” in your title anymore ?
I thought you had to drop the Airbnb automated name?
I still plan to. But a lawyer reached out after that video and advised me I may have more right to it than I thought
@@AirbnbAutomated Good to hear! Any idea why my Views on AirBnb have plummeted from 400-500 prior to the update to now 140’s?
@@shelleynordmeyer8057 I also wanna know. The same here
Air BNB has lost my business for life. They blocked my account permanently because i was a guest and the original booker had a felany on their record. I do not. What a joke of a company
Sean, you’re not monitoring your video ? You got a spoof spammer on her
VRBO is a decent platform but it's horribly outdated and extremely glitchy. Seems like nothing has been done to it since Expedia picked them up in 2015. Unless they do a bunch of improvements dedicated users are going to stop using it and there's very little reason for new users to pick VRBO vs Airbnb.
It’s pronounced “Ver-boh” per VRBO.
Vrbo does anyone know the official website
VRBO.com
Think you're wrong here but we will see
I don't list on Vrbo anymore. Nothing but bad experiences and no support.
6:42
VRBO’s current ad guaranteed that they will never earn my business.
Why?
I noticed the two lesbians kissing also
Does anyone else call it “vurbo” ?.. 🤣