Here’s Why I Use Makomi to Manage My NYC Airbnb Rental
Short-term rental properties are great at bringing in cash, but they can be a ton of work. Even if you aren’t cleaning them yourself, there is booking management, hiring a cleaner, guest management, keeping the property in peak condition, etc. If you have more than one property it can be downright exhausting. The good news is that property management companies give you the freedom to continue generating income from your property without doing the work.
I recently decided to hire Makomi to manage my New York apartment listed on Airbnb. After doing a lot of online research and reading tons of reviews, I chose Makomi because they are a full-service Airbnb property management company that was started for people just like me – hosts who need help with their New York City Airbnb properties. They manage the entire cycle of the rental process, giving you the time and freedom to travel without worrying about your property. As one of the top Airbnb property management companies in NYC, the company is known for its personalized services for Airbnb hosts.
A Total Package
While some property management companies focus on certain aspects of your listing or booking, Makomi offers a complete management and concierge solution. Makomi’s team takes care of everything from start to finish, giving property owners the freedom to be themselves, whether they’re a business traveler, a digital nomad, or investor.
Get a Professional Listing
A professional listing is included for every property they manages. Makomi will take professional photos of your property, write your property description, and optimize your listing and pricing. In other words, they do all the legwork to make your property shine to maximize your revenue. Moreover, the team also monitors your listing to make sure you stay at the top of the search results for your neighborhood.
In addition to your listing, Makomi takes care of all guest interactions. This includes screening guests, booking confirmations, cleaning and inspection, check-in and check-out, and all guest communications. You don’t have to worry about finding your own cleaner, making sure their work is up to par, deal with late check-out or early check-ins, or giving guests directions. It’s all taken care of by their team. The only thing that is required is a property and basic cleaning supplies such as a vacuum, mop, broom, and dustpan.
While you want your property to maximize your revenue, there are also times when you simply want to head home or want to crash in your own place. Makomi makes it easy to open or block off dates that you want to stay in your property. Makomi gives you access to their dashboard to help simplify the process.
Unlike other property management companies, Makomi charges a flat 25% commission on reservation revenue. This means that if your property doesn’t make any money, there’s nothing to pay. You don’t have to worry about a subscription, sign-up, or cleaning fees. However, property owners are still responsible for Airbnb Fees as well as the cost of any repairs to the property and restocking supplies for the property.
Get Paid Directly
Property owners get a peace of mind knowing their property is being taken care of and that there is a team focused on maximizing earnings. Makomi does all the work, all you have to do is sit back and get paid. Rather than waiting for a lump sum at the end of the month or the quarter, Makomi pays you via direct deposit 3 to 5 business days after your guest checks out.
Dedicated Management Service for New York Airbnb Properties
Other property management companies focus on listing your short term rental on numerous rental sites. While this can help maximize exposure for your property, it is more challenging to get a truly optimized listing. Makomi is focused on making your property the best of the best and does so by focusing solely on Airbnb.
Whether your property is a brownstone, loft, duplex, pre-war walk-up, or a luxury high rise, they have customized property management for each type of rental. However, it’s important to note that Makomi only manages entire properties and not shared spaces.
To help you get the most from your property, Makomi manages your entire Airbnb profile. If you have an existing Airbnb profile they can take it over, or they can create you a new hosting profile. You don’t even have to deal with the Airbnb system. All you have to do is use the dashboard provided by Makomi. With their team managing your profile and your property, they can easily help in filing claims for any property damage by unruly guests, the review system, etc.
Is Makomi Worth It?
So, is Makomi worth the effort in working together? If you want your New York rental listed on sites like HomeAway, VRBO, Booking.com, etc. and not just Airbnb, then Makomi is not the property management company for you. On the other hand, if you’d rather be hands-off with your property and simply want a check at the end of the day, then Makomi may be just the solution you’ve been looking for. Their complete Airbnb property management solution takes all of the work out of the process of getting your listing ready, dealing with guests, and managing your property. Ultimately, it comes down to what your plan is for your property and how much personal effort you want to put into making it a success.