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Making Money with VRBO

Making Money with VRBO

2h 8mBeginner2015-11-04

Authors

Christopher Matthew Spencer

Christopher Matthew Spencer

Businessperson, Author, Educator, Mentor

Course details

Boost your income by renting out a spare room—or transitioning a second home to a short-term rental—with HomeAway's VRBO. This detailed course will help new hosts succeed on VRBO, the rental site with more than 1 million listings worldwide.

Christopher Matthew Spencer, a successful VRBO host, first acquaints viewers with VRBO and the requirements—both in terms of mindset and property—needed to venture into the VRBO world. Then you'll learn how to prep a property, stock it with amenities that will garner 5-star reviews, and craft an attention-getting listing that covers everything from the listing headline to property descriptions and guides. The course also explores how to manage guest interactions, deal with housekeeping and maintenance, and promote listings outside of VRBO. Start watching to learn how you can profit from this great sharing economy platform.

Learning objectives
Evaluating whether VRBO is right for you
Writing about and photographing the property
Establishing a price for your VRBO rental
Planning for ongoing maintenance
Preparing the kitchen, bedroom(s), and other spaces
Stocking your rental with amenities
Scouting the competition
Managing guest interactions, including check-in and checkout
Working with guest feedback
Promoting your VRBO rental

Skills covered

VRBOHomeAwayEntrepreneurshipSmall Business and EntrepreneurshipOne-Off

Concepts

0. Introduction

  • 01 - Welcome
  • 02 - What you should know before watching this course
  • 03 - Using the exercise files

1. An Overview of VRBO

  • 04 - The different types of spaces you can rent
  • 05 - How to evaluate VRBO as a business opportunity
  • 06 - Determining your readiness for VRBO

2. Preparing Your Property

  • 07 - General considerations and tips
  • 08 - Clearing personal items out of the space
  • 09 - Planning for ongoing maintenance and wear and tear
  • 10 - Making your rental guest-friendly
  • 11 - Kitchen tips
  • 12 - Living room tips
  • 13 - Bedroom tips
  • 14 - Bathroom tips
  • 15 - Themed spaces
  • 16 - Converting a closet into a housekeeping pantry
  • 17 - Lighting considerations

3. Amenities

  • 18 - Amenities that tantalize
  • 19 - Stocking the kitchen
  • 20 - Evaluating and buying textiles
  • 21 - Using decor as an amenity
  • 22 - Entertainment amenities
  • 23 - Keeping everything up to date
  • 24 - Small touches that improve guest experience
  • 25 - Preparing a house manual

4. Ready, Set, Go Getting Up and Running on VRBO

  • 26 - Getting registered
  • 27 - Scouting your competition
  • 28 - The listing headline
  • 29 - Developing the property summary
  • 30 - Photography
  • 31 - Banking setup and getting paid
  • 32 - Establishing prices
  • 33 - Completing the property description details
  • 34 - Determining reasonable check-in and check-out policies
  • 35 - Safety, trust, and setting up your profile

5. Service Is Your Brand - Managing Guest Interactions

  • 36 - Managing booking requests
  • 37 - Course corrections when managing guests
  • 38 - Communication prior to guest arrival
  • 39 - Guest arrival protocol
  • 40 - Reaching out during the stay
  • 41 - Managing checkout

6. Housekeeping and Maintenance

  • 42 - Hiring and managing housekeepers
  • 43 - Handling maintenance and damage

7. Working with Guest Feedback

  • 44 - Coping with an unhappy guest
  • 45 - Reviews
  • 46 - Post-stay followup

8. Tips for Success

  • 47 - Setting up a domain to promote your VRBO listing
  • 48 - Promoting your VRBO rental
  • 49 - Making more money through staycations

Conclusion

  • 50 - Next steps

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