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278. Hosting Hotline: Parent-Child Listing Strategies For Your Airbnb, Bathroom Edition
Episode 2788th August 2023 • Thanks For Visiting • Airbnb Superhosts Annette Grant & Sarah Karakaian
00:00:00 00:10:18

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Welcome back to the Hosting Hotline! This is an Ask Me Anything where each week we’ll answer your questions on Airbnb, STRs, real estate, and everything in between.

Carolyn asks:

We’re working on setting up a Parent-Child listing for our Airbnb; can you offer advice on how to arrange access to the bathrooms between 2-, 3-, and 4-bedroom listings?

Thanks to everyone who submitted questions. To hear your voice on the show and send a question to Sarah and Annette, visit Speakpipe.com/ThanksforvisitingAMA

Other Episodes On Parent-Child Listings:

• 254. Hosting Hotline: How Should I Price my Parent-Child Listing?

• 248. Hosting Hotline: Parent-Child Listings for Neighboring Properties

• 232. Listing Your Airbnb As A Parent-Child Setup (AMA)

Resources:

• Our favorite door lock for parent-child listings

Thanks For Visiting is produced by Crate Media.

Mentioned in this episode:

Hosting Business Mastery Method | Join us for our live, free, host masterclass and learn how to OWN your digital real estate!

HBMM | Sign up today at hostmasterclass.com.

Transcripts

Speaker:

Hello.

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Welcome back for another great episode.

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My name is Sarah Karakaian.

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I'm Annette Grant.

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And together we are--

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Thanks for Visiting.

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And this is the--

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Hosting Hotline.

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We are going to listen and answer a question that was submitted

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by one of you amazing listeners.

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Before we do that, again, TFV Con is right around the corner.

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We have secured the most amazing lineup of speakers who are going to be bringing

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so much education to us to really empower the rest of 2023 into next year.

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We're talking SEO.

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We're talking raising capital.

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We're talking unique builds, co-hosting.

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What else Annette?

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I mean, so much.

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We're hanging out and getting--

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AllAnnette wants to do is party with you guys.

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It's Hosting Hotline hangouts.

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You're going buy a VIP ticket while they last.

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We're very limited on those, but we have a VIP-only party on Monday night.

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A lot of special VIP upgrades should you decide to treat yourself.

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Come hang out.

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Let's do this.

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All right.

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With that, let's talk about parent-child listings.

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Hi, Sarah.

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Hi, Annette.

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This is Carolyn Stewart from Rochester, New Hampshire.

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My husband and I, we want to pursue the parent-child strategy

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you've been talking about.

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Question for you.

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We've got a four-bedroom, two-bath.

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One of those baths is a full bath.

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The other bath is a three-quarter-bath.

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Three of the bedrooms has one queen bed in it, and the other

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bedroom has a bunk bed set in it.

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So we're trying to figure out which bedrooms would be in the child?

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And which bathroom.

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Do we lock off the three-quarter-bath and just have people use the full bed if we're

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going to do a two-bedroom child unit?

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So we're just wondering what your suggestions are because

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we're not quite sure where to put those locks, on which bedrooms.

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So that's it.

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I thank you so much for any advice you can give us.

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When we played this the first, time I asked Annette, I was

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like-- I had her write it down.

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I was like, what is this math?

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We were doing room math.

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First suggestion, and this is not only for this caller, but for all

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callers, there is true value in the amount of bathrooms for your guests.

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My advice here is, let's leave all of the bathrooms open.

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Uh, and again, that's my advice for everyone, especially if

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there's just two bathrooms.

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I think, um, even if you have two bedrooms, two bathrooms is amazing.

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Sometimes even just one bedroom, people like having two

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bathrooms, me being one of them.

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Second that.

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Yeah, so that is something.

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Let's just get that out.

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I think make all of the bathrooms available on every reservation.

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And also I think it's just nice.

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With doing parent-child, you do have to put in some additional locks.

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You don't have to put any additional locks on your bathrooms and cause any

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friction or just aesthetics on those.

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So first and foremost, I would keep all the bathrooms open to everyone.

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Yeah.

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And it could also depend on, this is for everyone too, the layout of your home.

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For sure.

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When you're doing parent-child, Annette says leave all the bathrooms

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open, but maybe there's a primary-- there's an en suite off of a primary

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bedroom that you do want to lock off and not offer for your smaller option.

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Or maybe your parent-child is, hey, we have all these bedrooms and

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bathrooms on the main floor, and there's a whole basement with a hangout

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space and a bedroom, but maybe that basement, that's part of your parent

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option, and just the first floor.

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So layout could have a big--

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Yes.

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I agree with that.

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Could help you decide that.

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But it sounds like layout isn't a problem here in terms of what

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is allowed or not allowed, so I'm going to agree with Annette.

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I think having two bathrooms would be great.

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And again, I don't know the layout.

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I also don't know you market.

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So one thing you could do is-- the whole point of parent child

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is to diversify your one property.

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And if a traveler and a friend, maybe they aren't going to consider a four-bedroom,

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but they would consider a two bedroom.

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So in our market, the two-bedroom opened up a world of possibilities

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for some of our larger homes.

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So look at that too.

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Where do you want to fall in terms of competition?

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Maybe for your market, three bedrooms is very different than four or five,

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or maybe just a one-bedroom option and the way it's laid out is killer too.

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Mm-hmm.

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So you have to--

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Yeah, you could do a two-bedroom, a three-bedroom, and a four-bedroom.

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This is not helping her.

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Yeah, it is.

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I think it is.

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I think it's totally helping her.

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I'm going to live in my world if it's helpful.

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AD BREAK

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Also, you just got to get started.

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So getting that out there as parent-child, because I think one of your concerns

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too is, hey, do I offer up the room with the bunk beds, or is it better

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to offer up the room with the queens?

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One thing is, and you'll see, once you start doing the parent-child,

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people might have questions about it.

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And so you can always answer those afterwards, but I think just

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starting to see what the demand is.

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But I would get started most likely maybe with the queen bed.

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I don't know.

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All the queen beds?

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All the queens?

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Again, it goes down to what market is she in.

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Are three people going to travel and it might be nice for each friend to have--

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yes, someone has to get on the top bunk.

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Or it's very child-friendly, and so the bunk beds are a no brainer.

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I will say this too though, I know, listeners, what you might be thinking

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too, is if you do the lock on your bedroom door, not all bedrooms have

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deadbolts, and so sometimes you have to bore a new hole in the door.

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And so it feels like a permanent decision, but depending on the lock

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and the handle, maybe you do something a little less expensive, a little

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less permanent, and you get one of those locks that it is the doorknob.

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Just make sure you have a backup in terms of safety if that thing closes.

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A lot of lot will have what will have a key component as well.

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Maybe you just put a key in a lockbox and hang in from the doorknob for now while

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you decide, because I do understand that.

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You will see in our show notes my favorite--

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Right.

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They're goingtotell them.

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Parent-child listing door, and we do bore a whole other hole into the door.

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Anyway.

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I'll take this back too, though.

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How do you spell bore?

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B-O-R-E, I think.

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Okay.

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There are smart locks or mechanical locks that do have the handle

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and the keypad all in one too.

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So there are options out there for you.

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And just make sure all the bathrooms open.

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Keep the parent-child bathrooms open.

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But we're excited for you.

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Let us know how it goes.

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And this is probably one of our most popular topics.

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And I never thought in a million years it would be.

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But I love it because that means that hosts are getting creative.

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They're looking for that way to use their space creatively.

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And my last tip there is, check out the competition in your area too.

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When you're looking at the bed layout, the bedroom layout, take

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a peek at your competition and see what's going on there too.

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If it's two bedrooms or three bedrooms, what else pops up when someone's

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looking in your area for those--

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You want tomeet what is not being met if you can, for sure.

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All right.

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Good luck.

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Also think about your strategy for pricing.

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That's the most important thing about this.

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It's diversifying.

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So you stretch the times of week and stuff that your property is available.

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So yes, decide on bedroom, bathrooms, and which ones, but also make sure

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you're spending time figuring out your pricing and availability.

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When will the two-bedroom be available?

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When will the four-bedroom be available?

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We have a whole episode on this.

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We'll put it in the show notes if you want more of a deep dive on this topic.

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With that, I'm Sarah Karakaian.

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I'm Annette Grant.

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And together we are--

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Thanks for Visiting.

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