You Don't Own Your Co-Living Business (If You Solely Rely on PadSplit)

SEP 28, 202629 MIN

Description

Send us Fan Mail If your rooms only fill when a platform sends you somebody, do you really own a business, or just a listing? After 5 years at PadSplit working with hosts on vacancy, occupancy and tenure, Quentin shares the referral system he built for his own co-living portfolio. In this episode: - Why "lower your price" is the most common and least helpful advice new hosts get - How vacancy anxiety and FOMO lead to approving the wrong member - The 12-week commitment, the $175 flexibility fee, and the good renters they filter out - Treating the platform as a vendor and lead source, not your whole business - How one Thanksgiving dinner filled 3 of 7 rooms through referrals - 6 referral sources: current members, local employers, staffing agencies, travel nurses, trade schools, and your own content - The guardrails: screening standards, house agreements, and customer education Chapters (00:00) You don't own a business, you own a listing (00:49) Who I am (02:52) Waiting on bookings isn't a strategy (04:49) The friction nobody talks about (05:57) The 12-week commitment problem (11:48) Treat the platform as a vendor (13:50) Run co-living like hospitality (14:37) 3 reasons referrals win (16:50) Real referral stories (18:48) 6 referral sources (24:56) The guardrails (25:33) Customer education (26:53) The big takeaway Resources - Work with Quentin: https://colivingiq.com - Watch the video version: [YouTube link] PadSplit commitment terms referenced are from PadSplit's Help Center.