Whether you’re a seasoned investor with several Airbnb properties in your portfolio or a new vacation homeowner who’d like to earn extra income, the truth remains—managing a vacation rental is a lot. A lot of time, a lot of responsibilities, a whole lot to handle.
That’s why homeowners turn to vacation rental management companies. Though, they’re not all created equal. Let’s dissect what to look for when choosing the right management company, the questions to ask, and how to compare your top choices.
Managing an Airbnb or Vrbo rental can be both overwhelming and time-consuming. In fact, many vacation homeowners compare it to a 24/7 job. Between marketing, juggling reservations, taking care of guests, cleaning after every stay, and regular maintenance—the to-do list never ends.
This is where vacation rental management companies come in. They’ll handle it all for you so that you don’t have to.
Airbnb and Vrbo management companies deliver a ton of benefits to homeowners and hosts, including:
Hiring a vacation rental manager means you can take your life back. Those late-night phone calls from guests? They’re on it. Cleaning your home after every stay? Always. Continuously marketing your home via email, social media, SEO, and more? Yup, managers do that, too. Meanwhile, you can sit back and monitor your bookings and bottom line.
Never let a guest request interrupt you at dinner time. Some Airbnb and Vrbo management companies offer 24/7 guest service (such as Vacasa). They’ll fulfill guest requests, answer questions, and offer help when needed. Essentially, making sure your guests are happy at every point of their stay (thus increasing the chance of a 5-star review).
From marketing to potential guests, to creating an enticing listing, to setting the ideal rates to maximize your profit—they’ll work every angle to boost your exposure, bookings, and rental income.
Not only can vacation rental management companies help you earn more rental income, they can also keep costs down. They’ll assist in maintaining your property, which will help you save money on costly repairs in the long run. Plus, they have trusted service providers at the ready to help with any major repairs, likely getting competitive pricing.
We’re listing this first for a reason—having a robust local team is critical. Your Airbnb or Vrbo manager should be savvy on the local short-term rental market and know how to position your home amongst the competition in the area. This means they should be local themselves and be trusted for first-hand knowledge on:
Technology streamlines and optimizes every aspect of managing rentals and can help you save valuable time and money. Today, your vacation rental manager should be using a number of technologies and tools to boost your success. When interviewing Airbnb managers, ask what technologies they use for:
As Airbnb’s and Vrbo’s popularity rises, so do the number of new property managers wanting to get in on the action. Important questions to ask to narrow the field:
Working with a company that has efficient operations and expertise in vacation rentals—not to mention the customer testimonials to prove it—will give you a competitive advantage, help you avoid costly mistakes, and help you make the most out of your vacation rental investment.
What are their management fees and what’s included? Fees can vary significantly from one management company to another. Managers typically charge anywhere from 10% to 50% of your revenue. Though, not all vacation rental managers have the same services or charge in the same way. Some will even charge extras for initial setup, cleaning, or even vacancies. Before you sign on the dotted line, calculate costs and upfront fees.
Vascasa’s pricing is straightforward—you pay one comprehensive fee for our management services, which includes:
Your fee is tailored to your home specifically, depending on number of bedrooms, location, and guest amenities.
There are full-service management companies, those that offer half-service, and some that just handle à la carte services.
Here are the areas homeowners must focus on to maintain a full calendar and a healthy bottom line. Consider how much time you’re willing to spend handling these items on your own, then find a manager to handle the rest.
Guests expect your home to be pristine right on arrival. Full-service vacation rental management companies—like Vacasa—make that happen with professional housekeepers who thoroughly clean after every guest check out.
At Vacasa, our housekeepers do more than clean every room. We also keep your home stocked with vacation rental essentials, check WiFi speeds, and verify that all appliances are working.
Meanwhile, half-service managers offer referrals to local cleaners, but it’s still up to you to coordinate cleaning dates and times and pay their cleaning fees.
Boosting visibility for your vacation home should be tailored and never ending. The best Airbnb and Vrbo managers market your rental not just in one or two places online, but everywhere, all the time. That means they’ll:
Vacasa does all this and more. We create eye-catching listings with the help of 3D virtual home tours and expert vacation rental copywriters and photographers (all included in your management fee).
Competition for bookings is fierce, especially when there are dozens of similar Airbnbs and Vrbos in your area.
Channel management refers to creating and overseeing your vacation home listing on multiple booking channels like Airbnb, Vrbo, or Booking.com. Your vacation rental manager should know how booking channels work and how to optimize your listings so they stand above the crowd.
Here’s how Vacasa does it, at no extra cost:
Even with the best precautions, things can happen during a stay. Lightbulbs go out, guests run out of towels, coffee machine breaks down. Look for a management company that prioritizes guest satisfaction. They’re the ones who will pick up every call and answer every text from guests, 24/7.
With Vacasa, we have local team members in every market ready to assist guests when needed, plus a remote guest service team working round the clock.
Some questions to ask: Does the property manager handle maintenance and minor repairs of your Airbnb? Do they work with local providers or provide in-house help? How often do they inspect your rental to help avoid costly repairs in the future?
Here’s how Vacasa keeps your Airbnb and Vrbo in prime condition, inside and out:
Setting the right rate can feel like a mystery. But it shouldn’t be to your Airbnb manager. Find out how they set rates. The right rate should change daily to maximize your revenue. At Vacasa, our local market analysts—along with our rate-setting tool—takes into account factors like your location, competition, demand, events, weather, seasonality, and more.
Finding the right company to manage your Airbnb or Vrbo can make a world of difference to your home, your guests, and your ROI. They take a lot off your plate, while also offering expert knowledge and guidance on running a successful vacation rental. While there’s a cost, the potential boost in bookings, revenue, and freed-up hours can make it well worth the expense. Ultimately, it’s best to choose a company that best matches your specific needs and priorities as a vacation rental owner.
The percentage property management companies charge can vary. Many companies can charge flat rates or management fees that range from 20% to 50%—all depending on your location, your type of home, and other factors. No matter the percentage, prices are usually meant to be all-inclusive. One tell-tale sign a management company is not full service: they’ll charge homeowners extra for essential tasks, such as cleaning or responding to guests.
At Vacasa, homeowners pay a straightforward fee that covers all the essentials mentioned above and is tailored specifically for their vacation home, cabin, or beach rental.
To find someone to manage your Airbnb or Vrbo rental first consider how much you’d like to take off your own plate. Some vacation rental management companies will market your home, yet won’t offer cleaning or local support. Meanwhile, full-service vacation rental property managers, like Vacasa, will handle it all—from digital marketing to professional cleaning after every stay, to providing local onsite assistance for you and your guests.
Plus, look at their portfolio size and how large their staff is. How many other vacation home owners have trusted them with their homes—a thousand or just a handful? Do they have plenty of dedicated staff to answer guests’ requests, market your property, and clean after every stay?
Call 844-518-0967 to speak with a Homeowner Consultant, who can answer preliminary questions and see if we’d be a good fit for you.
If you'd like to move forward, we’ll put you in touch with our market expert in your neighborhood to explore the financial potential of your home, outline our management fee, and introduce your local team.
Vacasa offers property management and other real estate services directly through Vacasa LLC and through Vacasa LLC's licensed subsidiaries. Click here for more information about Vacasa's licensed real estate brokerage/property manager in your state. Vacasa’s licensed real estate brokerages/property managers include: Vacasa Alabama LLC; Vacasa Arizona LLC; Vacasa of Arkansas LLC; Vacasa Colorado LLC (Micah Victory); Vacasa Delaware LLC, 302-541-8999; Vacasa Florida LLC; Vacasa Illinois LLC 481.014072, Micah Victory Managing Broker Lic# 471.021837; Vacasa Louisiana LLC, Dana MacCord, Principal Broker, ph 504.252.0155 (Licensed in LA); Vacasa Michigan LLC, 602-330-9934; Vacasa Missouri LLC, Vicki Lyn Brown, Designated Broker; Vacasa Nevada LLC; Vacasa New Hampshire LLC,45 NH-25, Meredith, NH 03253, Susan Scanlon, Broker of Record; Vacasa Minnesota, Broker: Micah Victory, license #40877637; Vacasa New Mexico LLC, 503-345-9399; Vacasa New York LLC, 888-433-0068, Susan Scanlon, Real Estate Broker; Vacasa North Carolina LLC; Vacasa Oregon LLC; Vacasa Pennsylvania LLC; Vacation Palm Springs Real Estate, Inc., California DRE #01523013, Mark Graham, California DRE #00700720; Vacasa Real Estate LLC (licensed in Texas, Debra Brock, Designated Broker); Vacasa Real Estate LLC (licensed in Washington, Robert Brush, Designated Broker); Vacasa Seasonals Inc., California DRE #02160171, Lisa Renee Stevens, California DRE #01485234; Vacasa South Carolina LLC; Vacasa South Dakota LLC; Vacasa Tennessee LLC; Vacasa Vacation Rentals of Hawaii LLC, 69-201 Waikoloa Beach Dr. Ste. #2F17, Waikoloa, HI 96738; Vacasa Vacation Rentals of Montana LLC, Terah M. Young, Licensed Property Manager; Vacasa Virginia LLC; Vacasa Wisconsin LLC; Vacasa Wyoming LLC. In Canada, this advertisement is provided by Vacasa Canada ULC, CPBC lic. number 75826, 172 Asher Rd. V1X 3H6 Kelowna, BC.