Short-Term Rental Tech with Guesty - Markus Nordvik and Alex Sabio - Episode #194

Real Estate Experiment

One of the most dominant property management softwares is Guesty For Host App which helps short term rental operators automate their front, middle and back office operation as short term rental hosts regardless of size of their business. As a matter of fact, Guesty for Hosts is the app that we use internally to manage all of our short term rental units that we own and manage.

Guesty for hosts gives new and seasoned operators the ability to synchronize all listings into one place, automate guest communication, easily integrate with the industry's top OTAs, dynamic pricing tools and a selective group of smart lock vendors to truly systematize your daily experiments in the short term rental space. This includes but is not limited to being able to generate income reports, and even the ability to create a direct booking website in less than 5 minutes.

We sit with Markus Nordvik, one of the GMs and masterminds behind the Guesty For Host application. He shares with us the vision of the app and what’s to come as Guesty continues to serve the budding short term rental operator. We're also hosting Alex Sabio - a real estate investor who's been using Guesty For Host in his latest experiments. He'll share his insights on how he leverages Guesty as a growing operator with a full time career in healthcare.

In the lab we can say Guesty for hosts has helped us elevate our STR experiments but don’t take it from us, take it from the experts & practitioners themselves in this episode with Markus and Alex.

HIGHLIGHTS OF THE EPISODE:

7:24 Experience as a Guesty For Hosts user

17:51 Guesty for Pros app

24:10 Tips for new Guesty For Hosts app

KEEPING IT REAL:

0:54 Introduction

3:32 Getting into short term rentals

9:33 Favorite feature of the guesty for host app

14:43 Gaps missed or available

20:57 Who's the Guesty for Pro app for

22:32 Other elements are missing from the app

NOTABLE QUOTES (KEY LESSONS):

“There are gonna be a lot of different PMSs out there with high level PMSs and then some extremely basic one. But bang for your buck. Guesty For Host does it for me. I don't want it to be complicated. I don't want it to be too basic either. And the price is just right” - Alex Sabio on Guesty For Host app

CONNECTING WITH THE GUEST

Website: https://hosts.guesty.com/

Linkedin: https://www.linkedin.com/in/mnordvik/

Instagram: https://www.instagram.com/the_real_alexsabio/?hl=en

Linkedin: https://www.linkedin.com/in/alex-sabio-06481542/

Get coached on how you can repurpose your existing home or investment property into an Airbnb with me:

https://experimentrealestate.com/hospitable-hosts

Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment

Hospitable Hosts book: https://amzn.to/3e4LEhE

Instagram: https://www.instagram.com/therealestateexperiment/?hl=en

Apply for an American Express Card with this link. We can both get rewarded if you're approved! http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0

#app

#shorttermrental

#brand