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Coffee Chat is happening in 5 days
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Coffee Chats start September 15
New thing, starting in two weeks. Coffee Chats are one live hour, twice this month, then monthly. Tuesday September 15 at 12pm Toronto time. Bring one thing you are stuck on and leave with a decision instead of a list of options. Open to everyone. You do not need to be a paid member to be in the room. The replay is the part that lives in Premium. That is the honest split: the conversation is open, the recording is what a membership holds. Post your question in the community beforehand if you want it answered first. I would rather walk in with three real problems than a slide deck. What would you bring?
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Start Here
If you only do one thing today, do this. Go to the Start Here category and introduce yourself. Tell us where your property is, or if you are still planning. Share one challenge you are facing right now. Keep it simple. One paragraph is enough. That is step one. Step two, after you post, comment on one other introduction and offer one helpful thought or question. That is it. You do not need to read everything. You do not need to understand the whole room. You just need to show up once. Momentum starts small.
Do you need a licence to manage someone else's rental?
This is the question almost nobody answers properly, and the answer depends entirely on where you are. In most US states, including California, Texas, Florida, New York, Georgia, Arizona, Colorado, Illinois and North Carolina, collecting rent, negotiating rental terms, or advertising on an owner's behalf for compensation requires a real estate broker's licence. The job title does not matter. Co-host, property manager and rental agent all land in the same place. The dividing line is usually money and terms. North Carolina's regulator puts it cleanly: an unlicensed co-host may hand over keys, coordinate cleaning and repairs, and be the guest's point of contact. They may not place ads, negotiate rental terms, or handle money. A handful of states do not require it at all. Idaho, Kansas, Maine, Maryland, Massachusetts, Vermont. Quebec is more permissive than most people assume. Rental brokerage has not been a reserved activity for licensed brokers since 2018, so no OACIQ licence is needed to manage a rental for someone else and charge a fee. What is not optional is CITQ registration for any stay of 31 days or less, and in some municipalities a separate permit on top of it. None of this is legal advice, and these rules move. Check your own jurisdiction before money changes hands. Where are you hosting, and do you know what your local rule actually is?
What co-hosts charge, and the number that matters more than the percentage
The published ranges are reasonably consistent. Messaging only: 10 to 15 percent of gross booking revenue. Partial management, meaning messaging plus cleaner coordination, calendar and issue handling: 15 to 25 percent. Full service, adding pricing, vendors, restocking and reporting: 20 to 40 percent, most commonly around 20. Or a flat 300 to 800 dollars a month, when the workload is predictable rather than revenue-tied. Here is the part that gets skipped. The percentage matters less than what it is a percentage of. Gross revenue, net revenue, revenue after platform fees, revenue after operating costs. Those four bases produce very different money for the same stated number. Twenty percent of gross and twenty percent of net are not the same job for the same pay. Agree the base before you agree the rate, and write both down. If you use a co-host, or you are one: which base are you working from? If you are a co-host or are planning to offer the services, this is for you as well. If you feel that running your Airbnb is too much, then a co-host is a great way to spread the work around.
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How far are you from your property right now?
Genuine question, and I ask because the answer changes how you host more than most people admit. Some of you are ten minutes away and can be there before the guest finishes typing the message. Some of you are three hours away, or in another province, or hosting a place you have not physically stood in since spring. Neither is better. But they need completely different systems, and most hosting advice is written as though everyone is ten minutes away. Today's blog is about why remote hosting feels chaotic, and it is not because you are disorganised. It is because being nearby was quietly doing the work a system should have been doing. So: how far away are you, and what do you do differently because of it?
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Confident Hosts
skool.com/confident-hosts
For short-term rental hosts juggling 1-3 properties and a full-time job. Uses the Right Guest Framework to run without you.
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