Updated almost 4 years ago on . Most recent reply
Property Management vs Co-hosting
I started a short term rental Co-Hosting business last year that involved a tiered structure for homeowners to determine what level of service they needed, ranging from local compliance to responding to all guests.
We do not ever create contracts for guests
We do not own the listing outright and are listed as cohosts
We do not market the listing on our business page and simply take over on airbnb and vrbo
We do not collect or manage any of the funds. We bill clients monthly for a %
We are wanting to expand to national clients now and Im starting to worry I may have overlooked the whole PM thing.Any guidance on this would be great! Our goal is to be a form of Evolve or Vacasa. Do those companies just get licensed as PM's in every state?? As a small business owner, if I have to be a registered PM, is my only option to then go get licensed individually as a real estate agent and PM every time (queue the anxiety!)
Thank you!