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You Need These 3 Skills to be a Great Cohost

You Need These 3 Skills to be a Great Cohost

FromSTR Unfiltered


You Need These 3 Skills to be a Great Cohost

FromSTR Unfiltered

ratings:
Length:
11 minutes
Released:
Sep 29, 2023
Format:
Podcast episode

Description

This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform.

In this episode of "STR Unfiltered," host Bill Faith delves into the essential skills required for successful co-hosting in the short-term rental industry. Bill outlines three crucial skills that every exceptional co-host needs:
Underwriting Properties: Co-hosts must excel at assessing the potential of a property. Bill emphasizes the importance of identifying underperforming properties and knowing how to elevate their revenue potential. He suggests offering your services for free initially to build trust and prove your abilities.
Marketing Expertise: Co-hosts need to be proficient in marketing. This includes mastering listing optimization, using platforms like Airbnb effectively, and understanding the value of Facebook ads, email marketing, and organic social media. Bill also mentions the significance of conversion rate optimization on sales pages.
Effective Pricing Strategy: Bill underscores the role of pricing strategy in increasing a property's revenue. He advises against "set it and forget it" approaches and recommends actively monitoring and adjusting prices based on factors like lead time, pacing, and RevPAR.
Bill concludes that excelling in these three areas will set co-hosts on the path to success and making homeowners more money while saving them time.
Listeners are also encouraged to explore "MarketMySTR" for additional resources and support in mastering these skills.

Watch this episode on our Youtube Channel Every Tuesday & Friday
https://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kA
The Free Build STR Wealth Facebook Group: https://www.facebook.com/groups/284886002732508
You can find more of Bill online at:
Bill Faeth Linktree: https://linktr.ee/bfaeth?utm_source=linktree_profile_share&ltsid=660cbc9b-4a7e-4ed9-a654-900180b83af1
Build STR Wealth: https://buildstrwealth.com/
Instagram: @BillFaeth73
Tik Tok: @bfaeth
Learn more about your ad choices. Visit megaphone.fm/adchoices
Released:
Sep 29, 2023
Format:
Podcast episode

Titles in the series (100)

Short Term Rentals have been a game-changer for the real estate industry. And no one knows this better than Bill Faeth. As a successful Short Term Rental Investor and Host, Bill has seen firsthand how powerful the Short Term Rental model can be. And now, he's sharing his knowledge with the world through his new podcast, STR Unfiltered. On each episode, Bill breaks down the ins and outs of Short Term Rental Hosting, giving listeners actionable advice that they can use to take their businesses to the next level. Whether you're just starting in Short Term Rentals or looking to take your business to new heights, STR Unfiltered is a must-listen. So what are you waiting for? Tune in today and learn from the best in the business!