Hiring a professional Airbnb manager is usually the optimal choice for busy short-term rental investors who don’t have the time or the skills to cater to the needs of their properties and guests. Meanwhile, choosing a top company that is able to deliver the exact services that you and your property need without breaking the bank is crucial for optimizing the performance of your vacation rental portfolio. With hundreds of small and big STR property managers, finding the right one can be a challenge.
This article brings together the top 7 Airbnb property management companies for various properties and investors with diverse requirements and expectations. When ranking the top short-term rental management firms, we focused on the range and quality of services that they offer, the fees that they charge, the terms that they impose on owners, and what customers think about them. Ultimately, we aimed to select the 7 Airbnb managers that provide the best value for money in the US vacation rental market.
The 7 best Airbnb management companies are:
- Checkmate Rentals: Best Overall Airbnb Management Company
- Vacasa: Best for Vacation Rentals in Top Destinations
- Evolve: Best Half-Service Airbnb Property Manager
- Awning: Best for Affordable Services
- AvantStay: Best for High-End Airbnb Property Management Services
- Casago: Best for Owners of Diversified Portfolios
- Air Concierge: Best for Boutique Services
For personalized, full-service Airbnb property management services that boost rental performance, offer full flexibility, and start at only 15% of revenue, check out Checkmate Rentals.
How We Selected the Best Airbnb Property Management Companies
In our choice of the top short-term rental property management companies in the US, we focused on the following factors:
- Portfolio services: We ranked both half-service and full-service property management firms so that owners can choose the right package for their needs.
- Market coverage: We gave priority to companies that operate across the US market so that investors can continue working with a single company as their portfolio grows.
- Owner involvement: We selected Airbnb property managers that allow owners to choose how involved or uninvolved they want to be in the management of their short-term rentals.
- Costs and fees: We focused on companies with clear, straightforward pricing models that are affordable, correspond to the amount of services covered, and do not include hidden fees.
- Terms and conditions: Ranked Airbnb management companies offer flexible terms and conditions so that owners stay with them for as long as they are satisfied with the quality of provided services.
- Customer reviews: We chose companies that have strong online presence with good average ratings based on multiple reviews by owners and guests as testimony to the quality of services that they deliver.
- Value for money: Finally, we selected the 7 companies that offer the best value for money for small and big Airbnb investors.
Based on these criteria, the best Airbnb property management companies are:
1. Checkmate Rentals: Best Overall Airbnb Management Company
Checkmate Rentals is a top-ranked short-term rental property management company that works with vacation rentals across the US. What makes Checkmate Rentals different from others in the business is the personalized management, the comprehensive services, the unmatched flexibility, the outstanding transparency, and the industry-low fees. Chad Phillis, a property management industry veteran, founded the firm in 2020, with headquarters in Pittsburg, PA, to bring a new level of expertise, resilience, and commitment to excellence in the business. To date, Checkmate Rentals has generated over $4 million in owner revenue.
Checkmate Rentals Property Management Services
Checkmate Rentals offers full-service Airbnb management that is customized to the specific needs of each property and its owner. Available services include:
- Quick onboarding that takes 3 days
- Listing properties on all top booking websites and channels
- High-definition photography
- Professional copywriting
- Targeted digital marketing of listings
- Direct bookings on the Checkmate Rentals website
- Dynamic Airbnb pricing
- Revenue management
- 24/7 guest communication and services via dedicated reservation agents including the industry-fastest response time of 1-15 minutes
- Guest screening
- Consistent, professional cleaning between guests
- Stocking guest supplies between stays
- Payment processing directly to the owner
- Smart home management including digital locks and noise monitoring devices
- Regular property inspections
- Reliable maintenance
- Short-term rental insurance (optional)
One of the things that distinguishes Checkmate Rentals from other popular Airbnb management companies is that listings are co-hosted by the firm and the owner, which means that you own your listings forever. So, even if you decide to no longer work with Checkmate Rentals, you retain all listings and reviews to continue growing your Airbnb business instead of having to start from scratch.
Checkmate Rentals Fees
Checkmate Rentals charges very competitive fees, starting at only 15% of monthly revenue. For comparison, most other full-service Airbnb managers ask for 25-40% of revenue, taking away a significant part of owner revenue. The exact rate depends on the property type and size, the market, and the required services. There are no additional or hidden fees.
Checkmate Rentals Terms
What sets Checkmate Rentals apart from other Airbnb property management service providers is the absence of annual contracts and need for long-term commitment. Property owners are free to stay for as long as they are happy with the quality of services and leave as soon as they would like to.
In addition, hosts enjoy unlimited property use. All they have to do is to block off the days when they want to use their property on the booking calendar. Meanwhile, many other property managers restrict the number of days for which an owner can book the property for themselves to ensure their own commissions.
Checkmate Rentals Markets
Checkmate Rentals has the capacity to operate short-term rentals in all 50 US states including remote regions and locations. This unrestricted geographical coverage is achieved by building a local team of proven professionals before signing a property in a certain market.
Checkmate Rentals Reviews
Checkmate Rentals-managed listings have generated more than 2,500 5-star guest reviews as a result of the superior quality of guest services. Meanwhile, owners who work with the company highlight the boost in performance, the responsive management practices, the consistent results, the great attitude, and the prompt communication.
How to Get Started with Checkmate Rentals
To get started with the best Airbnb management company nationwide, you can book a time to discuss your property and expectations with the Checkmate Rentals team.
2. Vacasa: Best for Vacation Rentals in Top Destinations
Vacasa is the largest vacation rental property manager in North America. The company is known for its full-service management of short-term rental properties, but it also offers support for DIY Airbnb hosts via Vacasa Guestworks and management of long-term rentals under the Extended Stay Program (ESP). Vacasa was started by Eric Breon and Cliff Johnson in 2009 and has its headquarters in Portland, OR. At the moment, the company works with 44,000+ STRs in hundreds of markets in 41 US states as well as parts of Central America.
Vacasa Property Management Services
Comprehensive management of Airbnb properties is at the core of Vacasa business. Available services cover:
- Listing creation and optimization on major booking channels including high-definition photography, 360-degree virtual tours, and effective descriptions
- Automated dynamic pricing distribution
- 24/7 guest support and assistance
- Guest screening
- Professional housekeeping services
- Damage coverage
- Property inspections
- Regular maintenance
- Permit and tax assistance
- Payment processing
Some additional services provided by Vacasa that owners can choose whether to opt for include:
- Smart home program
- Hot tub maintenance and management
- Linen program
- Accommodation Protection Program
As a result of these services, customers report an average increase in rental income of 20% when switching to Vacasa, according to the company website.
Vacasa Fees
Vacasa does not reveal the fees that it charges. Interested owners need to contact the team to get a quote which corresponds to their situation in particular. The price depends on the rental’s location, number of bedrooms, and guest amenities. It’s important to note that all essential services are covered by a single fee, but extra services, such as the smart home program and the linen program, are paid for additionally. According to Vacasa reviews by customers, the property management fees frequently exceed 35% of revenue.
Vacasa Terms
Airbnb property managers do not need to sign a long-term contract when hiring Vacasa. Services can be canceled with a 90-day notice. In case of a contract cancellation, the owner needs to honor all reservations within the 90-day window. While working with Vacasa, hosts can book their property for personal use as much as they want.
Vacasa Markets
Vacasa Airbnb management services are available in hundreds of locations in 41 US states as well as in some areas in Mexico, Costa Rica, and Belize. The company covers the best short-term rental markets across the US, which makes it one of the top choices for those investing in popular Airbnb destinations.
Vacasa Reviews
There are thousands of Vacasa reviews by both hosts and guests which reveal a mix of positive and negative experiences.
You can find online Vacasa reviews on:
- Trustpilot: 4.3/5 stars from 14,750 reviews
- BBB: 4.34/5 stars from 5,832 reviews
- Yelp: 2.3/5 stars from 2,163 reviews
- Sitejabber: 1.1/5 stars from 1,256 reviews
- PissedConsumer: 1.4/5 stars from 84 reviews
- BiggerPockets
Owners and guests who are happy with Vacasa services highlight the easy processes, the intuitive app, the strict upkeep of properties, the clean spaces, and the helpful staff. Less happy customers complain about poorly managed properties, lower-than-promised income, high management fees, frequent staff turnaround, bad communication practices, and horrible customer service.
How to Get Started with Vacasa
To get started with Vacasa, you can submit an online form to contact the team or call directly.
3. Evolve: Best Half-Service Airbnb Property Manager
Evolve is a half-service Airbnb management company which means that they focus on automating the most time-consuming tasks associated with the management of STRs with the help of technology without taking over all duties from owners. Brian Egan and Adam Sherry started Evolve in 2011, and the company is headquartered in Denver, CO. Currently, Evolve services 30,000+ Airbnb hosts distributed across the US market.
Evolve Property Management Services
Evolve vacation rental management services focus on automation via technology. Evolve offers two plans: Core and Plus.
Evolve Core services cover:
- Custom property listing on leading short-term rental websites featuring a professional photoshoot and an SEO-optimized description
- Listing management, marketing, and promotion
- Guest and owner support
- Dynamic pricing
- Revenue management
- Reservation management
- Payment processing
- Standard risk protection including $5,000 in damage protection and $1,000,000 in liability
- Access to a vetted network of housekeeping and maintenance staff
Meanwhile, additional services available with Evolve Plus include:
- Increased listing exposure
- Dedicated performance advisor
- Premium support desk
- Enhanced risk protection including $10,000 in damage protection and $1,000,000 in liability
- Evolve.com Travel Discount to save 10% of all trips booked through the company website
It’s important to note that while Evolve can help owners streamline processes and automate tasks when managing their STR properties, there are still plenty of responsibilities left for them. Thus, this is a good option for hosts who’d like to remain personally involved in the management of their vacation rentals but need some extra help to boost results. In terms of performance, Evolve customers earn an average of 18% more revenue than the market average, according to information on the company website.
Evolve Fees
Evolve Core costs 10% of revenue, while Evolve Plus fees reach 15% of revenue. While these are very low rates compared to the fees charged by other Airbnb management companies, you should not forget that Evolve does significantly less work than full-service Airbnb managers.
Evolve Terms
Evolve only works with vacation rentals that have:
- Their own entrance
- A kitchen
- At least one bedroom
This excludes private rooms, non-deeded timeshares, mobile homes, RVs, tent sites, and homes without kitchens, attached bathrooms, and two sinks.
In terms of long-term commitment, Evolve does not specify the type of property management agreement that owners need to sign. What is clear is that investors can switch between the Core and the Plus plan at any time, and the change will take place within 15 business days. In addition, Evolve offers a Risk-Free Guarantee, under which unsatisfied owners get full refund on management fees after the first 6 months.
It’s recommended to ask the company for a copy of the Airbnb management contract to review before deciding if this is the right option for your short-term rental business.
Evolve Markets
Evolve manages vacation rental properties in 750 locations across the US, covering the majority of the best short-term rental markets. Some top Evolve states include Florida, California, Colorado, Arizona, and Tennessee.
Evolve Reviews
Thousands of Airbnb hosts and guests have written online reviews of Evolve on trustworthy third-party websites.
You can find Evolve reviews on:
- Trustpilot: 3.9/5 stars from 4,911 reviews
- BBB: 4.26/5 stars from 1,297 reviews
- Sitejabber: 4.4/5 stars from 953 reviews
- BestCompany: 3.4/5 stars from 895 reviews
- Evolve: 3.2/5 stars from 76 reviews
- BiggerPockets
- Airbnb Community Center
- Tripadvisor
Positive Evolve reviews focus on the strong onboarding practices, the good quality of services, the easy-to-use dashboard, the excellent listings, the fast insurance claim handling, and the efficient and courteous customer service. Negative reviews of Evolve talk about failures to deliver on promised services, lack of transparency, fraudulent business partners, missing amenities, and bad customer support.
How to Get Started with Evolve
To get started with Evolve, you need to fill in an online questionnaire to check if your property qualifies.
4. Awning: Best for Affordable Services
Awning specializes in full-service short-term rental property management but also offers long-term rental property management. Shri Ganeshram and Danaus Chang launched the company in 2020, with headquarters in San Francisco, CA. Awning offers services to more than 100 vacation rentals across the US.
Awning Property Management Services
Awning provides the following Airbnb management services to hosts and investors:
- Vacation rental design and furnishing
- Listing creation and SEO optimization including professional photography
- Listing distribution on 50+ booking channels
- Marketing
- Guidebooks
- Dynamic pricing
- Calendar management
- 24/7 guest support
- Check-in and check-out support
- Home automation
- Cleaning and supplies restocking between guest stays
- Linen service
- Hot tub and swimming pool maintenance
- Airbnb insurance
- Host communication
What sets Awning apart from many other Airbnb management companies is that they also offer interior design and furnishing services specifically tailored to the needs of the STR industry. This means that hosts of new properties can get them ready for listing in line with local hospitality trends. At the same time, Awning services help hosts make 10-30% more in revenue.
Awning Fees
Awning property management fees start at 10% of monthly revenue, but truly comprehensive services cost more. This, of course, does not include the cost of furnishing the property.
Awning Terms
In order to cancel their property management agreements, owners need to provide Awning with a 90-day notice. There is no need for long-term commitment.
Awning Markets
Awning can manage short-term rental properties across the US market.
Awning Reviews
There are very few online reviews of Awning on third-party websites.
You can find Awning reviews on:
- Trustpilot: 2.6/5 stars from 28 reviews
Satisfied Awning customers praise the good experiences, the effective property management, the generated revenue, and the professionalism of the team. Dissatisfied hosts and guests emphasize horrible business practices, the lack of organization, the inability to connect with a company representative, disappearing listings after the merger with RedAwning, and generally frustrating experiences.
How to Get Started with Awning
To get started with Awning, you can schedule a call on the company website to discuss your property and whether it’s a good fit.
5. AvantStay: Best for High-End Airbnb Property Management Services
AvantStay is a full-service Airbnb management company that focuses on the management of larger vacation rentals designed for groups that host both company retreats and special occasions. The company was started by Reuben Doetsch and Sean Breuner in 2017 and has its headquarters in Los Angeles, CA. AvantStay is managing more than 2,300 premier short-term rentals in multiple locations across the US market.
AvantStay Property Management Services
As a full-service Airbnb manager, AvantStay offers the following:
- Interior design and furnishing to get properties ready for listing
- Listing creation and distribution on 50+ vacation rental websites
- Booking management
- Dynamic Airbnb pricing
- Revenue management
- Guest support and concierge services
- Housekeeping services
- Regular inspections
- Proactive property maintenance
- Built-in damage protection on all bookings
Unlike other vacation rental property management companies, AvantStay provides concierge services to guests which makes them a potentially good choice for owners who aim to invest in high-end properties and offer exceptional guest services.
All in all, AvantStay manages to help owners boost annual revenue by an average of 20%, based on information on the company website.
AvantStay Fees
With AvantStay, STR owners can choose between two plans:
- Master Lease: Under this arrangement, AvantStay pays owners a fixed monthly income regardless of the actual property performance. This plan eliminates risk but also deprives owners of the opportunity to earn more during peak season.
- Vacation Rental Management Agreement: Under this arrangement, owners earn a monthly income based on performance and pay AvantStay a certain percentage. However, the exact rate is not specified on the company website.
Interested Airbnb investors need to get in touch with the AvantStay team to know how much they will have to pay in exchange for full-service management of their property.
AvantStay Terms
AvantStay does not go into detail in terms of the property management agreement that owners need to sign in order to hire the company. Thus, it’s a good idea to ask for a copy of the contract to evaluate the cancellation terms and conditions before committing to working with AvantStay.
AvantStay Markets
AvantStay works with large-scale vacation rental properties in a few hundred locations in the following US states:
- Arizona
- California
- Colorado
- Florida
- Georgia
- Hawaii
- Massachusetts
- New York
- North Carolina
- Oregon
- Pennsylvania
- South Carolina
- Tennessee
- Texas
- Utah
- Washington
While this geographical coverage is considerably more limited than the coverage offered by other top Airbnb management companies, it covers some of the top markets for the short-term rental investing strategy.
AvantStay Reviews
There are over 2,000 reviews of AvantStay services, written by both hosts and guests.
You can find online AvantStay reviews on:
- Trustpilot: 4.7/5 stars from 1,720 reviews
- Yelp: 3.7/5 stars from 353 reviews
- BBB: 2.79/5 stars from 76 reviews
- Tripadvisor
Positive AvantStay reviews discuss the great properties, the well-stocked rentals, the precise listings, the excellent services, the well-maintained houses, and the always available customer support team. Meanwhile, negative reviews of the company mention unnecessarily low daily rates leading to financial losses, broken amenities and poorly maintained areas, false advertising, unexpected fees, bad cancellation policies, and dishonest practices.
How to Get Started with AvantStay
To get started with AvantStay, you can fill in an online form to get a free income report and discuss your case with the team.
6. Casago: Best for Owners of Diversified Portfolios
Casago is a property management company that works with vacation rentals as well as long-term rentals, unfurnished long-term rentals, single family homes, and corporate housing. This makes it a potentially good option for investors who own different types of rentals and would like to bring their management under a single roof. Steve Schwabb started Casago in 1996, which makes it one of the oldest Airbnb management companies in the US market. The company headquarters are in Scottsdale, AZ. Casago takes care of more than 5,000 properties in 12 regions of the US and a few other locations.
Casago Property Management Services
Casago provides full-service management for short-term rental properties which includes:
- Listing creation with professional photos and custom description and promotion on 25+ booking channels
- 24/7 guest communication and support
- Rental unit guides and area guides
- Handling check-ins and check-outs
- Property cleaning and restocking
- Property inspections
- Maintenance
- Online system to manage bookings, billing, deposits, and owner payouts
These services cover the most important tasks associated with operating an Airbnb business.
Casago Fees
The Casago website does not provide information about the pricing implemented by the company. The property management fees generally depend on the market and the property type, but interested hosts need to get in touch with the team to get a quote.
Casago Terms
Casago works only with properties that are fully furnished and offer top amenities. Properties are carefully vetted before the Airbnb manager decides whether to take over their management.
Casago asks owners to sign a written property management agreement, in line with best practices in the industry. Hosts can cancel their contract with a 30-day notice.
Casago Markets
Casago operates in 12 regions in the US, Mexico, Costa Rica, and Aruba. In the US, services are available in the following states:
- Alabama
- Arizona
- California
- Colorado
- Florida
- Hawaii
- Idaho
- Minnesota
- Missouri
- Montana
- Nevada
- Oregon
- South Carolina
- Texas
- Utah
- Virginia
- West Virginia
While this coverage is more limited than the coverage of many of the other best Airbnb property management companies, it includes some premium locations for investing in vacation rentals.
Casago Reviews
There are a few hundred reviews of Casago written by owners and guests that show mixed experiences with the company.
You can find online Casago reviews on:
- Facebook: 90% recommended from 299 reviews
- Google Reviews: 4.5/5 stars from 148 reviews
- Yelp: 3.3/5 stars from 59 reviews
- Tripadvisor
Happy Casago customers discuss the amazing partnerships, the helpful recommendations, the beautiful listings, the transparent market analysis, the good staff-to-guest ratio, and the timely communication. Unhappy hosts and guests highlight the lack of care for guest safety, dirty properties, deceitful practices, last-minute cancellations, fraudulent charges, and the unresponsive support team.
How to Get Started with Casago
To get started with Casago, you can submit an online form with your property’s information to check compatibility.
7. Air Concierge: Best for Boutique Services
Air Concierge markets itself as a boutique end-to-end Airbnb management company that also provides vacation rental design services. The company was launched by Ryan and Claire Danz in 2014 and has its headquarters in San Francisco, CA. Air Concierge focuses on the management of entire homes in a number of locations across California as well as a few other popular destinations.
Air Concierge Property Management Services
Air Concierge full-service management of boutique short-term rentals covers:
- Interior design (optional)
- Homeowner-driven onboarding
- Listing description and copywriting including high-resolution photography
- Listing optimization and distribution
- Targeted digital marketing
- Near 24/7 guest support via dedicated reservation agents
- Dynamic pricing
- Dynamic guest manuals
- Guest screening
- Cleaning and household supplies restocking
- Damage coverage
- Tax and permit help
- Property inspections
- Maintenance
- Payment processing
- Short-term rental insurance via Farmers (optional)
Services are delivered by local staff who are always close to the property.
Air Concierge Fees
Air Concierge charges a commission on the monthly rental revenue for onsite management, but it doesn’t specify the exact rate. The company also offers offsite management, similar to Evolve, which costs 10% of income but includes significantly less services.
Air Concierge Terms
Air Concierge does not provide information about the contract that property owners need to sign and how easy or not it is to cancel services. Thus, hosts should ask for a copy of the agreement to review before making a decision.
Air Concierge Markets
Air Concierge full-service/onsite vacation rental management is available in:
- Los Angeles
- San Diego
- San Francisco
- Marin
- Palm Springs
- Lake Tahoe
- Orange County
- Scottsdale
- Phoenix
- Seattle
Meanwhile, offsite Airbnb management services are available in the entire US market.
Air Concierge Reviews
There are only a few online reviews of Air Concierge on reputable third-party websites.
You can find Air Concierge reviews on:
- Yelp: 4.3/5 stars from 130 reviews
- Tripadvisor
Positive reviews of Air Concierge praise the attention to detail, the spotless houses, the well-designed spaces, the easy and seamless processes, the well-organized team, and the communicative staff. Negative reviews, on the other hand, talk about lack of in-person services, hidden fees, expensive property management rates, subpar customer services, and difficult communication.
How to Get Started with Air Concierge
To get started with Air Concierge, you can contact the company via their website to discuss your property and needs.
Bottom Line
These are the 7 best Airbnb management companies available to different types of hosts in the US vacation rental market. STR property investors who’d like to benefit from nationwide corporate oversight can check out Vacasa, while those who prefer to work with a smaller, more local property manager can consider AvantStay or Air Concierge. The owners of mixed portfolios can work with Casago, and hosts who want to remain personally involved in the management of their property might find Evolve to be a good fit. Hosts interested in affordable options could find Awning to be a good match.
Yet, short-term rental property investors looking for personalized, end-to-end Airbnb management services that drive strong results should check out Checkmate Rentals. As your trusted vacation rental management partner, Checkmate Rentals co-hosts properties with you through local teams that ensure operational excellence. Meanwhile, we charge industry-low fees starting at only 15% of monthly revenue.
FAQs
What Is Airbnb Property Management?
Airbnb property management, also referred to as short-term rental management and vacation rental management, combines all the tasks and activities required for renting out a second home to paying guests on a daily basis.
Airbnb management starts with designing and furnishing the property in a way that will attract guests and allow you to optimize daily rates, including installing the most popular amenities in the area. To get the property ready for listing, you also need to obtain short-term rental licenses and permits in line with local STR regulations and renew them accordingly, usually on an annual basis.
In addition, you need to list the rental on the most relevant booking channels including both major websites like Airbnb and Booking.com and more niche platforms, such as Homes & Villas by Marriott Bonvoy and BookingPal. On an ongoing basis, you have to manage the booking calendar, communicate with future and current guests, arrange check-ins and check-outs, upkeep the property, and maintain it in top shape. You also have to apply dynamic pricing to strike the best balance between Airbnb occupancy and nightly prices in order to maximize revenue. Managing expenses is another responsibility of an Airbnb manager.
Typically, small-scale owners who invest close to home choose to manage their properties on their own or together with a co-host. Meanwhile, large-scale and remote investors frequently resort to the services of professional Airbnb management companies to earn passive income while retaining their full-time job outside real estate investing.
Whether you are a DIY host or hire a professional, the ultimate goal of short-term rental management is to boost revenue, generate 5-star reviews from guests, and maintain your rental in good shape.
Can I Get Someone to Manage My Airbnb?
Yes, many short-term rental property investors choose to hire professional property managers to take over the management of their investments. These include small, local Airbnb managers who work with a few dozen properties in the market as well as large-scale, nationwide Airbnb management companies that have portfolios of thousands of vacation rentals across the US.
Working with a short-term rental manager comes with pros and cons that owners need to take into account before deciding whether to get someone to manage their Airbnb.
What Do Airbnb Management Companies Do?
Generally speaking, Airbnb property management companies ensure the smooth operations of vacation rentals. There are two main types of Airbnb management companies: 1) Half-service property managers that provide technology to automate the most tedious daily tasks of hosts and 2) Full-service Airbnb managers who provide end-to-end services, entirely replacing owners.
The most popular services provided by short-term rental management companies comprise listing optimization and distribution, digital marketing, dynamic pricing, revenue management, guest communication and support, housekeeping, property inspections, maintenance coordination, and host communication and reporting. Some companies also offer interior design, furnishing, legal assistance, Airbnb insurance, and concierge services.
From owners’ point of view, these companies take over their responsibilities, allowing them to earn passive income from real estate.
What Are the Pros and Cons of Working with an Airbnb Property Manager?
Hiring an Airbnb management company comes with important advantages and disadvantages.
The main pros of working with an Airbnb manager comprise:
- Ability to invest remotely and expand your portfolio
- Passive income
- Professional hospitality services
- Access to industry discounts
- No need to deal with guests and their requests
- Potential to maximize revenue due to dynamic pricing and industry experience
Meanwhile, some cons to take into account include:
- Loss of control over your Airbnb business
- Lack of personalized approach to guests
- Need to pay Airbnb property management fees
- Contractual requirements
To maximize the benefits and minimize the drawbacks of having your short-term rental professionally managed, you have to choose the best Airbnb management company for your specific needs.
What Is the Best Airbnb Management Company?
With dozens of short-term rental property management companies available to hosts in the US market, it’s hard to choose the best one. Nevertheless, Checkmate Rentals stands out with its co-hosting practices, comprehensive, high-quality services, personalized plans, unmatched flexibility, and affordable rates. Moreover, Checkmate Rentals services are available in all US markets, including both major cities and remote destinations.
When choosing the best Airbnb property manager for your vacation rental, you should focus on services tailored to your property type and target guests, open communication, transparent policies and practices, reasonable fees, and positive reviews by hosts and guests.
How Much Does It Cost to Get Someone to Manage Your Airbnb?
Airbnb management fees range widely in the US market. The typical range for half-service property managers is 10-15% of monthly revenue, while the standard rate for full-service vacation rental property management is 25-40%, with some companies charging even more.
When looking at property manager fees, it’s important to consider what services are included in the quote. Some managers charge a single fee for comprehensive management, and others charge many different fees for what are considered additional services, such as linen, amenity maintenance, and insurance, which are a must for a successful Airbnb business.
Checkmate Rentals charges industry-low fees starting at 15% of monthly revenue for truly all-encompassing services.
Do I Need a Management Company for My Airbnb?
Whether you need an Airbnb management company or can be a DIY Airbnb host depends on multiple factors including:
- Your knowledge of and experience in hospitality
- Your location compared to the investment property
- Your availability and other commitments
- Your financial and housekeeping skills
- Your team management abilities
Typically, hosts who are just getting started choose to manage their Airbnb on their own to learn about the business and save on management fees. However, many of them quickly realize that there is a lot more going into Airbnb management than they initially imagined, so they opt in for professional assistance.
In brief, an Airbnb management company helps you optimize the performance of your property, earn passive income, and expand your portfolio. In most cases, the monthly fees that Airbnb managers charge are more than compensated by the boost in earnings that they bring to hosts.