For the last 12 months, we have spent way too much time in our own homes. Now that global COVID restrictions are lifting globally, it’s time to see and experience everything that the world has to offer.

Host or Rent

Don’t know where to start looking for a luxury real estate property? Not sure how to start hosting your home? First, you need to decide if you want to host or list a short-term or long-term rental.

Short-Term Rentals

Traditionally, the only options for short-term rental properties were hotels, Bed & Breakfasts, or illegal sublets. Airbnb changed the traditional way that the world rented out their homes, with a unique business model that turned any home into a side business.

Short-term rentals certainly have some benefits, like increased revenue. You can maximize your revenue if you rent out a room or rooms for multiple nights — or even for a month-long sublet. Premier luxury real estate markets (such as New York City, Miami, and Los Angeles) get the most bang for other people’s bucks by offering short-term rentals.

However, short-term rentals come with some challenges. If you want to maximize your profits, expect a lot of turnovers. This means managing different guests in tight timeframes, hiring cleaning services, and checking references. This often cuts into your time and your profits.

Long-Term Rentals

Long-term rentals may not seem as alluring, but they offer long stability such as a guaranteed income source. Sure, your flat fee may net you less than short-term rentals, but you don’t have to worry about the constant management and foot traffic.

The Best of Both Worlds

LuxuryBNB Rentals can help get your property ready for nomad living.

We are the only luxury real estate management company that manages premier properties by providing both physical and virtual support.

Our five-star services include remote management that allows us to virtually check-in guests and provides any support issues that may arise. Our concierge services help elite clientele with their distinctive multimillion-dollar properties, from application to listing to on-site support.

In fact, we handle all the booking needs. So instead of worrying about how to list and market your luxury real estate property, you should worry about where in the world you’re going next.