Management Fees

• The industry average for management fees for short term vacation rentals ranges anywhere from 25%-50%. You will often find that the major, nationwide companies are the ones charging these astronomical fees. Unfortunately, along with these extremely high fees, you will find that both the management services and customer service are greatly lacking.

• At 1st Class Vacation Rental Management, we provide full, comprehensive management services that guarantees a stress-free experience for you. We take care of everything!

• Our management fees are strictly taken from the nightly rental rate, we do NOT take any percentage of any extra fees the guest may pay including cleaning fees, pet fees, extra guest fees, taxes, etc. You will find that other management companies will take their management fees from the TOTAL that the guest pays, not just the nightly rate.

• At 1st Class Vacation Rental Management, we also do not charge any “mark-ups” to our listings that we list on other booking platforms, such as airbnb or VRBO. Did you know that well known, nationwide companies mark up the rental costs on airbnb or VRBO when compared to the prices you see on their website? And what is even more concerning is that these companies will then KEEP the “mark-ups.” Most owners are not even aware of the mark ups and that the company is keeping that income rather than giving it to the property owner. We do not keep any fees!

• We provide a very transparent financial report for our property owners, sending weekly spreadsheets detailing every single expense, fee, or payment made.

• Our management fees at 1st Class Vacation Rental Management are 20% of just the nightly rate. As mentioned above, we do NOT take any percentage of other fees - only the nightly rate that the guest pays. All other fees (pet fees, extra guest fees, pool heat fees, etc) go to the property owner, which is who should get these fees anyways.

• Want to learn more? Give us a call now!