Make my home more profitable

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Solutions to make my home profitable

Seasonal rental

A real Eldorado for property owners, short-term furnished rentals for tourists have become an effective way to supplement your salary or, in the case of real estate investments, to make your apartment or house profitable. The idea ? to make your walls work. Indeed, many websites of seasonal rentals such as Airbnb, HomeAway, or Booking.com have the wind in their sails for some years. Simple to set up, the seasonal rental is a source of additional income which guarantees you a significant profitability of your real estate assets. You are in love with your region, and you know the peaceful, magical. Atypical corners: This type of rental is a real human adventure allowing you to exchange, share and make discover your region.
Although this type of rental gives access to many advantages for the owners, there is no secret to obtain explosive profitability and succeed in covering your rent. This rental requires much more availability and investment than classical long-term rental. The management of seasonal rentals (cleaning, check-in/check-out, linen) and the restrictions to which owners are subject, such as the limit on the number of nights in certain cities (120 nights/year), can be a hindrance in choosing this type of rental.

Rental to companies

In a perpetual quest for competitiveness and productivity, the time has come to reinvent work methods. Indeed, many companies organize meetings in atypical, unique spaces outside the office to allow their teams to change their work habits and make this moment stand out from their daily routine. In this approach, OfficeRiders gives you the opportunity to increase your income by renting out all or part of your home to a public of professionals looking for a space to work during the day. No more wasted space! Whether you are at work or on the weekend, you can rent out your property by the day, half-day, or for a few hours to make the most of your periods of absence. What's in it for you? In addition to being able to complete the nights booked on seasonal rental platforms, renting your property by the day to professionals has the advantage of benefiting from a higher break-even point since you can earn 2 to 3 times the price of a night while also having the possibility of meeting and sharing with new people, and even creating a new network.

Rental concierge services

Although very advantageous, seasonal rental and daytime rental require a personal and logistical investment of varying importance. Between the exchanges before the reservation, the property's preparation, the travelers' reception, the owners, and/or tenants can lack time and are not necessarily on the spot to ensure the minimum required and thus to set up the best possible conditions. To mitigate these constraints, many rental concierge services such as (Sweetin, Clac des doigts, Lucky Homes) offer total management of your property to optimize your rental income and to free you from administrative and logistic tasks. From the management of your ads to the cleaning, these concierges offer a la carte services of varying quality for the pleasure of your tenants, guaranteeing a successful experience for travelers or professionals. Thus, going through a concierge rental company may seem like the useful grail of automating your short-term rental. However, the traveler experience is a powerful weapon in short-term rental. As a homeowner, you are more likely to share stories about your home and the area around it, which makes the experience unique. Using a rental concierge service can limit your control over this aspect. Also, there is a fee for the service, and your break-even point becomes lower.

Rent a storage space

Many homes have a cellar, garage, or closet that has been empty for months or even years. It is possible to take advantage of this! As part of a collaborative economy approach, storage between private individuals, co-storage, is now proving its worth in the city for owners. The idea? To make this unoccupied space profitable by allowing individuals to enjoy an affordable service to store boxes, furniture, or a car, a solution that is up to 60% cheaper than a professional! There is no doubt that co-storage allows owners to benefit from a comfortable additional income while expanding the scope of the collaborative economy. On the other hand, some storage spaces may be in a state that is not conducive to the proper preservation of the tenant's belongings (damp cellar, dust) and may not have a satisfactory security level. Therefore, this may discourage the rental of storage space in a private home. Therefore, do not hesitate to do what is necessary for security and repair to reassure individuals who might be likely to rent your co-storage space.

What are the criteria for offering your home to businesses?

The minimum required to host professionals

OfficeRiders emphasizes an offer of "atypical " places and/or with an atmosphere "like home ". If the main room is more than 25m2, good news, this criterion is a good starting point to make your accommodation interesting for a professional. This type of rental will allow you to make your accommodation available during the day to meet the needs of different professional activities:

  • Meeting (training, brainstorming, seminar, executive committee...)
  • Filming and photo shooting (interview, film, and advertising...)
  • Events (press event, team-building, product launch, business dinner...)
  • Co-working (sharing space with several workers)

For your home to be more conducive to meetings, it must be able to accommodate at least 4 to 6 people around a table. The more seats, the more it increases your space's value (among other criteria of location, design, practicality, and comfort).

Have optimal photos

When creating your ad, you must add at least 6 photos in good form: it is not enough to use your smartphone to get shots and have an optimal ad. Nothing replaces the expertise of a professional photographer: know that a space that has professional photos increases its booking requests by 4. This allows theteam to project themselves in the place. Call on your network or use the OfficeRiders service to make your ad stand out (https://www.officeriders.com/blog/tips-hotes/tips-hote-disposer-de-photos-optimales)

Location and access

OfficeRiders offers a large pool of spaces throughout France and thus responds to professionals' different needs and expectations. A professional rental's profitability is based on the same rules as for seasonal rentals: each project can be carried out in a suitable geographical location. From the exciting seminar in a green set to the product launch in the heart of a big city, there is something for everyone! For this reason, it is imperative to indicate the access information to your accommodation (subway, bus, tramway, nearby train stations, parking lots, etc.) on your OfficeRiders ad.Also, don't forget to indicate the access modalities to your accommodation. If it is on the 6th floor, the presence of an elevator can be decisive for the professionals who will choose your accommodation.

It is certain that as an owner, it is easier to decide to make your accommodation available. On the other hand, a tenant can make his home available during the day if the owner's agreement has been obtained beforehand. Also, as a private individual, this accommodation must be your main residence. Moreover, the rules of the co-ownership must not be opposed to daytime rental. If the daytime rental to professionals is not limited to 120 nights per year, it must be declared to the government.

Each room has its own interest

The living room, the main room

Like a living room, the living room is the most used and the most interesting since it is often the largest and therefore is very suitable to host different types of professional activities: meeting, press event or a product launch. This room, fitted out by you, makes it unique, and this is what companies are looking for!

The kitchen

The kitchen can be a decisive criterion for certain types of reservations. If you have a spacious and functional kitchen, kitchen workshops can be organized for team-building. This room also allows you to make your event unique by having a chef come to your home or simply be used for storage if caterers are delivered during the day. Also, kitchens are very much in demand for advertising, film, or photoshoots.

The bathroom

Mainly sought after by production agencies, the bathroom is an important asset to highlight in your ad. renting a private apartment or house certainly costs less than making a set or shooting in a studio and reflects reality. This is why the layout and decoration of the house can help film the advertising of a new product or organize a shooting.

The rooms

Are you wondering if it's a good idea to provide your rooms? Well, you should know that they can be sought after for shootings, photoshoots, or even the promotion of certain products during a product launch. Indeed, if this room is pretty, design, atypical, or has a unique character, professionals can totally request it. Rest assured, you have full control over the rooms you decide to open or not to companies.

840€/day
4(1 review)
2160€/day
5(2 review)

Equipos y servicios para profesionales

Wifi

Hot drinks

Projection et support / TV

Paperboard

The garden, the adjoining areas, or the garage

An apartment or house with an outdoor space: a terrace, an unusual garden (or not) is a real plus that can change a company's experience. Enjoy an outdoor space can allow a team to boost their creativity and disconnect during a break in a meeting. Also, the outdoors can be greatly appreciated for holding events, especially in the summer, or for filming, especially in large cities where gardens are rare! As far as your garage is concerned, you would be surprised at the number of requests for police films that need a "refreshing" atmosphere, especially in large cities. So don't hesitate to mention them when you create your ad and add their pictures; they will undoubtedly be very appreciated and are a real determining criterion for the choice of a space.

How to optimize your apartment or house for business reception?

The uniqueness of your space

Whether you are an interior design enthusiast, a decorating fan, or it is simply important for you to feel at home, your home becomes unique because of its unique layout (yours). Companies are looking for spaces that allow them to escape the traditional office and each space is likely to be a different universe. Following this approach, it can be interesting to consider investing in design furniture and decorations (lights, plants, and functional furniture) to boost your space's attractiveness. The circle is virtuous because the more companies you can welcome, the more you can design your home with taste and enjoy it every day!

The possibilities offered by your space

OfficeRiders allows you to propose your space during the day forvarious professional activities. When you create your listing, you are free to choose the categories of business uses that suit you (meeting, event, production, and coworking). Of course, the more open you are to receiving a broad range of projects, the more bookings you will receive. In addition to your hosting choices, maximizing your hosting capacity and equipment are definite assets to optimize the booking potential of your venue. To do so, you can invest in additional furniture (folding chairs, extendable tables...) as well as in expensive equipment that can make your space more conducive to the reception of professional activities (HDMI cable, video projector, paperboard...). Do not hesitate to ask our team who will guide you in the creation of your ad and, thus, obtain personalized advice.

The right price

The price you pay for a space plays a major role in your chances of capturing demand. You are totally free to set the price you want for each of the use categories. In this step, we recommend that you look at similar spaces in the same geographic area with the same "standing" to define a consistent price range. This range will guide you to vary the price according to the category of use. For example, event category may warrant a higher price because more exchanges may be needed to prepare for the day. Also, there will be more traffic and usually more people present on site. You can also count on the OfficeRiders host team to help you choose your price. Tip: by starting with a low price, you will increase your number of bookings as well as your reviews, and you will make a place of choice in the order of spaces visible on the site by potential customers.

A welcoming host profile

Don't underestimate the importance of your host profile and your exchanges' quality, which are the keys to guiding professionals in choosing your space and maximizing reservation requests. Visible from the first page, your profile photo is a reassuring element and is key to increasing your number of requests. With a detailed and attractive profile and ad, you show professionals that you are committed to respecting the OfficeRiders values through the story that links you to your accommodation and your motivation to receive professionals. In this way, you make your profile unmissable.

4.5 Preparing for D-Day: the assurance of a successful experience

It goes without saying that anticipating your reservations will avoid some unpleasant surprises and disappointments for the client. To this end, the client must arrive on D-Day in a space that reflects the aspects highlighted in your ad. It is advisable to put yourself in the client's shoes to make sure that their experience in your space is pleasant and smooth Don't forget, among other things, the setting up and presence of the necessary equipment to make sure that you meet the expectations of the professionals who will visit your space.

An up-to-date availability calendar!

On OfficeRiders, the principle is simple: you only make your accommodation available when it is free. This approach is all the more relevant when you combine the holiday rental platforms and the professional availability of your accommodation, the updating of your calendar is essential if you want your advertisement to be well-referenced as it is the first filter used when searching for space on the platform. To do so, you can use themanual calendar accessible from your ad space or use an automatic synchronized calendar.
Just as it is important to update your ad, regularly updating the availability of your space will help you avoid disappointment from a client.

Proactive, clear, and caring communication

On OfficeRiders, you have the ability to chat directly with clients on the site. As soon as a professional expresses an interest in your space, a discussion window is created. This is an important time to get to know your customer, their project, and their expectations because good communication promises a successful experience for professionals. Equally important, responsiveness is paramount when a client expresses an interest in your home. It is a real attribute to get more reservation requests; indeed, the more you are reactive, the more your space will be valued among the different ads available on the site. This allows both better visibility and to the customer to make his choice more quickly. Note that at the time of initiation of the reservation request, some details can be changed. Being flexible and listening is essential to renew the customer experience within your space.

Offering additional services: a solution to increase your revenues

To maximize the number of your bookings and, above all, increase the average basket of professionals, you should know that you have the possibility to offer additional services to companies. These require more or less investment and organization but are a way to maximize your profits.

5.1 Meeting essentials

The "must-haves" are the equipment and services that a professional needs in a traditional meeting room and those that go hand in hand with corporate meetings or presentation days. What are they? In terms of equipment, it is wise to offer companies a paperboard, a projection screen, and a Chromecast. Regarding other services, the provision of water, hot or cold drinks will enhance your space and really make the difference in professionals' minds. These are monetizable services that you can add to your space in the "services and packages" category by defining a price per service or by including them directly (without additional cost) in theprice of the reservation.

Additional services that make a difference

Companies can add catering services (breakfast, breaks, meal trays, cocktail parties, etc.), equipment and services (flipcharts, stationery kits, video projectors, staff), or team building activities to their workspace reservation thanks to the OfficeRiders partner ecosystem. Why not propose them yourself? If you feel like a chef or in contact with a caterer or a baker that you like near you, don't hesitate to propose a lunch or dinner formula. A satisfied customer is a returning customer. However, if this is not possible due to lack of time, offering a gourmet break can be a simpler alternative, with an assortment of small cakes and hot drinks. You can also monetize your talents and offer accessible team-building activities (olfactory, cooking classes, music, etc.) or your work equipment (paperboard, stationery kit, etc.).

Integrate these services into packages

You have the possibility of adding packages to your ad. A package is a turnkey package that groups certainservices and additional equipment in a booking offer that can be chosen quickly by clients. The advantages: more visibility on the platform, more booking requests, and increased profitability (over 30% of our riders book with formula). You can offer several packages, which include a variety of additional services, such as the " morning study " package, which includes: breakfast, paperboard, projection & support/TV, cold drinks, hot drinks, or the "cocktail dinner ", which includes cold drinks, alcohol, hot drinks, cocktail dinner.

Highlight your activity

Do you have a side activity related to corporate events? You can propose it on our platform, only during a booking in your accommodation or propose it to other online spaces. Some of our hosts offer teambuilding activities, tastings or even sports classes. If you would like to feature them on our site, please talk to your OfficeRiders contact, or send an email to [email protected].