How to Choose the Right Airbnb Management Company?
When it comes to short-term rentals, vacation homes, and VRBOs, there's one thing on everyone's mind: management.
Choosing the right Airbnb management company can be the difference between a relaxing vacation and a full-blown headache. So how do you choose the right one?
Here are four tips to help you make the best decision for your property and choose the right Airbnb management company:
Do They Have a Good Reputation?
Even a $5 product could have reviews on Amazon, so imagine the number of reviews available for an Airbnb management company.
It's best to start with Google and read their reviews.
To get an idea of what other people are saying, look at the company's social media accounts, website, and any other online presence they have.
What kind of language are they using?
How do they speak to their customers?
Are they responsive to negative reviews?
Do they take the time to address customer concerns?
These are all things you should consider when determining if a company has a good reputation.
The best way to get an honest review is to ask for referrals from friends or family who have used an Airbnb management company in the past.
How Much Do They Charge for Management?
Now that you've narrowed down your choices, it's time to start looking at the numbers.
Competition among Airbnb management companies is fierce, so there is a good chance you will be able to find a company that charges a fee that fits your budget. But always make decisions based on your calculation, don't let them fool you.
The average management fee for a full-service Airbnb property is 15-20%, but it can range anywhere from 15% to 35%.
Remember, the lowest management fee is not always the best deal.
You should also consider the value the company brings to the table.
For example, a company that charges a higher management fee may also offer additional services like cleaning, laundry, and concierge that are worth the extra cost.
On the other hand, a company that charges a lower management fee may not offer these services, which means you will have to pay for them out of pocket.
The best way to find the right balance is to get quotes from multiple companies and compare the services they offer in addition to their management fees.
Number of Properties Management Company Currently Managing
Research is the first step in any big decision and finding a reputable management company is no different.
The first thing you should look at when narrowing down your choices for an Airbnb management company is the number of properties they are currently managing.
A good rule of thumb is to look for a company that manages no more than 50 properties.
While there are some companies that manage hundreds or even thousands of properties, it's important to remember that quality is more important than quantity.
A company that manages fewer properties is likely to have more time and attention to give to each individual property, which is what you want.
Let Your Property Managers Handle the Day-To-Day Tasks
Once you've chosen a property management company, it's time to sit back and relax.
Well, not entirely.
But you shouldn't worry about the little things like communicating with guests, scheduling cleanings, laundry, maintenance on the home, constantly optimizing the listing or pricing, etc.
That's what you're paying your property management company to do.
If you find yourself in need of hiring an Airbnb management company, Desired Stays is at your
We manage all types of short-term rental properties in vacation areas such as Pocono Mountains, Pennsylvania and various locations along the Jersey Shore, New Jersey.
And our services are top-notch!
We have a team of experienced professionals available 24/7 to take care of your guests and ensure they have a comfortable stay.
Contact us today and let us help you take your Airbnb business to the next level!