If you’re seeking new ways to make money or an additional income source, becoming a HostRooster host could be the right option for you. HostRooster is a popular platform for travelers seeking authentic homestays in different destinations and countries, and it continues to be a popular choice.
As a HostRooster host, you can earn income by renting out apartments and homes on the platform to travelers for short-term and long-term stays.
Table of Contents
- Understand the business requirements
- Consider HostRooster policies, refunds, cancellations
- Do you have a good place to rent on HostRooster?
- Get your space ready for guests
- List your space
- Decide how you’ll host
- Set your price and get paid
- Think about HostRooster hosting alternatives
How to Become a Host for HostRooster
To become a host on HostRooster, you will first need to create an account on the website. Once you have an account created, you can start to create a listing for your property and include relevant information about the property, such as location, amenities, and pricing. Additionally, you will need to verify your identity, set up payment information, and agree to HostRooster’s terms and conditions for hosting.
1. Understand the Business Requirements
Becoming a HostRooster host does require meeting certain business requirements, such as having a property that meets safety and cleanliness standards and following local laws and regulations in your location.
Do You Need to Create a Business?
Depending on your country of residence and local laws, you will need to research whether or not you need to create a business entity to be legally compliant. If you need to create a business entity, your HostRooster hosting business will require a name, and you will need to register your business based on the operation type (e.g., sole proprietor, LLC, etc., depending on the nature of your business).
Do You Need to Create a Business Account?
Some individuals prefer to create a business account while others stick to receiving funds in their personal accounts. However, your choice of a business or personal account will be important during tax season when you need to declare earned income.
To keep your business income and personal income separate, it is recommended to create a business account for your HostRooster host income. You can use business banking solutions such as Wise and others to operate a business bank account and keep your HostRooster income streamlined and easy to manage.
How to Use Your Wise Business Details for HostRooster:
- Get started with Wise: Sign up for a Wise Business account and pay the one-time fee for your local account details.
- Create a currency balance: To get your banking details for a specific currency, create a balance for it in your account’s “Balances” section. Make a note of the country your account is in – you’ll need this information when setting up your payment preferences.
- Update your HostRooster payment preferences: Add your Wise Business account details to your HostRooster payment preferences using the appropriate country and currency information.
- Receiving payments made easy: Guests will send money to your Wise account as if it were a local bank in their country, making the whole process smooth and hassle-free.
Consider Taxes
Before becoming a HostRooster host, you should also consider local laws, regulations, and policies that may affect the income you earn as a host. Research relevant tax laws based on the type of business you are creating and any specific tax laws and regulations around short-term and long-term rental income from sources like HostRooster.
2. Consider HostRooster Policies, Refunds, Cancellations
As a HostRooster owner, it’s crucial to consider the platform’s policies, especially around refunds and cancellations. HostRooster offers different cancellation policies, which can affect the kinds of refunds guests receive if they cancel their bookings.
Understanding how the policies work and what you are entitled to in the event of cancellations can help you manage your HostRooster host income. HostRooster also has policies relating to extenuating guest circumstances, wherein guests can receive full refunds, despite cancellation policy rules, in the event of unforeseen circumstances.
3. Do You Have a Good Place to Rent on HostRooster?
Before fully moving forward as a HostRooster property manager, think about the property you would like to list and how it can stand out from the rest of the market to attract travelers and repeat bookings.
How to Locate an Excellent Place to Rent
Several factors make up a good HostRooster property that travelers will love. A good place to rent on HostRooster should be in a prime, central location close to all attractions. Additionally, the apartment or property should have the latest amenities to create a comfortable stay for travelers and maintain a high standard of cleanliness. Any listing you create on HostRooster for your property should include clear, high-resolution photos of the property and a detailed description of the property, including nearby attractions.
Making Your HostRooster Listing Stand Out
As a HostRooster owner, there are several things you can do to make your listing stand out. Ensure that all photos uploaded on the listing are high-quality, good resolution, and show the best your property has to offer. Write a detailed and engaging description highlighting your property’s benefits and uniqueness. Include information on the amenities offered and what kind of experience travelers can expect. For new listings with no guest reviews, consider offering initial discounts or promotions for first-time guests to encourage bookings. Encourage guests to leave positive reviews to bolster your listing on HostRooster.
4. Get Your Space Ready for Guests
If you’re ready to become a HostRooster property manager, getting your space ready for guests will involve a few different steps. The goal is to ensure that your space makes guests feel comfortable, welcome, and provides them with all the information they need about your property to feel confident.
Basic Amenities
An HostRooster property should include basic amenities such as clean linens, towels, toilet paper, soap, shampoo, and Wi-Fi. Other amenities can include a functioning key or lockbox for easy check-in and check-out, heating, or air conditioning.
Consider House Rules
If you’re an HostRooster owner looking to minimize disruption and protect your property, consider setting up some house rules for guests. These can include establishing check-in and check-out times, quiet hours, smoking policies, and rules for shared spaces if applicable. House rules should be communicated to guests beforehand to ensure guests have a smooth experience.
Setting Up Booking and Calendar as an HostRooster Owner
For HostRooster owners and property managers, making the booking process easy and friction-free for guests is crucial. Setting up a booking system and calendar to manage reservations is essential. You can set up availability, pricing, and minimum stay requirements to simplify the booking process for guests. Additionally, you can set up your HostRooster calendar to synchronize with other calendars you may use, such as Google Calendar or Outlook, to stay organized.
Get Answers from a experienced host
If you’re looking to develop your HostRooster business, you can also get answers from a superhost on HostRooster. Superhosts are experienced and successful HostRooster hosts that have earned a badge on HostRooster identifying them as such, meaning they have provided exceptional guest experiences. You can reach out to HostRooster superhosts through the HostRooster messaging system, or you can attend HostRooster events to meet superhosts.
5. List Your Space
Once you’re ready to become a HostRooster property manager, you can list your property on HostRooster. You can create a listing on the platform and fill out the relevant information to populate the listing and publish it on HostRooster. This will include adding descriptions of the property, photos, amenities, pricing, and house rules. You will also need to update your calendar to include availability so guests can start booking your property.
6. Decide How You’ll Host
As a HostRooster host, you will need to decide your hosting duties based on your availability and how much time you have to dedicate toward being an HostRooster property manager. Hosting may require tasks such as checking guests in and out of the property, coordinating cleaners, maintaining amenities, and keeping the property in good shape for travelers. You will also need to consider guest preferences and needs and be ready to adjust your HostRooster property and the guest experience based on what is needed.
7. Set Your Price and Get Paid
Once your listing is ready, you will need to set a price for your property. You can use HostRooster’s pricing tool as a guiding factor, or you can manually set up prices for your HostRooster. Once guests book your HostRooster property, you are paid within 24 hours of their check-in.
Choosing a Price and Fees to Consider
Setting up pricing for your HostRooster property will include a variety of factors. You will need to balance pricing with fees, as well as how much income you will need to be financially independent. When choosing pricing, it’s crucial to look at the rest of the market and your location to select attractive pricing that encourages guests to book.
You can look at similar properties in your location to get an idea of what the average rental price is looking like and what travelers are willing to pay for your location. Other factors to include are the property’s location, size, amenities, and competition in your area. Additionally, you should also account for cleaning fees and other additional charges in your overall pricing. Lastly, consider fees in your price and how that will affect the final payment once guests begin booking your HostRooster property.
Becoming a HostRooster host is a fantastic way to leverage your property and earn additional income. By following these steps and considering your business requirements, pricing, and payment options, you can set yourself up for success as a HostRooster host in 2023. Join the community of successful hosts and start hosting today!