As a host, you know that a variety of expenses can pop up here and there. One of those expenses is Airbnb management fees. If you’re a host who is ready to outsource their responsibilities and take their time back, this post will break down everything you need to consider when hiring an outside management company.
Host Tools provides an automated, unified calendar for short-term rental hosts, allowing you to seamlessly list on all major channels. Start your free trial today!
What do I need to know about Airbnb management fees?
In short, Airbnb management fees refer to the amount of money you pay a company to handle the day-to-day aspects of running a short-term rental business. These tasks typically include communicating with guests, coordinating your cleaners, helping you price your listing, and performing some general maintenance tasks.
Typically, hosts pay 15-40% of the property’s gross income. Of course, higher-tier or more all-encompassing services may require more. It all comes down to how much you’re asking the company to handle and their experience level. The location of your property may also affect this. Areas with a higher cost of living will inevitably require a higher management fee.
How Host Tools can help
An alternative to traditional property management is Host Tools. Host Tools offers you many of the perks of property management at a fraction of the cost. Our platform helps hosts automate messaging with their guests, manage their calendars, schedule their cleanings, and a whole lot more. These tools save you up to 80% of your time while still letting you manage your listings remotely. Plus, the cost of our digital platform is far more budget-friendly than that of your standard run-of-the-mill management company.
As you can see, the overall cost of Airbnb management fees plays a big role in your income. A traditional property manager can offer you a hands-off approach, but at a much higher cost. Services like Host Tools save you up to 80% of your time without the high costs of traditional property managers. Opting for automation with Host Tools will keep cash in your wallet while still letting you retain control of your business.
Host Tools provides an automated, unified calendar for short-term rental hosts, allowing you to seamlessly list on all major channels. Start your free trial today!
