Why You Don't Want the Seller's Bookings

The Short Term ShopMar 26, 20215m 6s1.8K viewsScore 75
Hosting Operations
intermediate
guest management
property handover
risk mitigation
review management
M

Summary

AI-generated

This video explains why taking over a seller's existing bookings for a short-term rental property is generally a bad idea. It highlights the logistical nightmares, potential for guest dissatisfaction, and risks to your review scores, advising hosts to avoid this practice unless absolutely necessary to close a deal.

Key insights

  • In markets with high booking volume, new owners often have ample opportunities to fill their calendar with their own guests, reducing the need to inherit problematic bookings.

Mistakes to avoid

  • Taking over seller bookings means you inherit unknown guest details, such as the number of occupants, presence of pets, or other unvetted conditions, which can lead to policy violations and subpar reviews.

Tools & resources

  • The Short Term Shopservice

    The Short Term Shop offers consultations for short-term rental investors.

Frequently Asked Questions

Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial