VRBO / AirBnB full service management - who is best??

Question

Hey all,

I am planning on moving out of my Wicker Park condo soon and shopping a few management companies that are focused on short term management. Ive been quoted a range from 22 - 29% for full service management (cleaning, consumables, marketing, collections, online inquiries, etc) - curious if others have any recommendations on a solid company with a good rate.

It wont be worth my time to reset unit several times per month so Im prepared to pay the fee, but I prefer their definition of "full service" mean that I rarely need to be involved unless there is a serious issue.

Also, any advice on if its worth piggy back on a management companies "pooled reviews" or better to build my own brand and battle until I have 10+ reviews?

Let me know if anyone can help!

Sam Amir · Answer

@Jake Fugman PM'd you about our full service management services. We have the same definition of full service, you wouldn't be involved in day-day at all.

Looking forward to chatting!

-Sam

Kevin Fitzgerald · Answer

I would second what Steve Kehoe says. I just got off a consultation call with Billy at AllSet Turnover and found him to be very knowledgeable and professional. He seems well versed in the regulation issues affecting Chicago, as well.

Steve Kehoe · Answer

Hi Jake,I'd recommend reaching out to Billy at AllSet Turnover. Had a bunch of clients work with them and they only have good things to say.

Ray Harrell · Answer

Airbnb itself also has current hosts who would be willing to service your spot. Check for superhosts who have signed up for this service. It's called co-hosting. Depending on where it is, I'd do it for much less than 20%. I'm a superhost.

Alain Bouzi · Answer

I am an owner of few beach front condos in Florida and have 15 years experience with management co big and small and finally I decided to self manage , it turned out to be the best decision. But I enjoy hospitality business.

Here is the cons about management co.

- Housekeeping is never as you would expect. Even when they charge you deep cleaning fee twice/ year. 3 times the price of regular cleaning.

- After few months you'll go to see hour condo and you will find maintenance issues not taken care of like scuffs in wall because of luggage. Scratches on furniture. Broken curtain rod.... Small things that the renters abuse but not fixed.

-You'll see debits in your monthly statement for bulbs,batteries, plunging toilet, etc..every month and you can't know if they actually did what you are being charged for! Unless you sign up for monthly maintenance with a$25 to $40 a month and that only covets the first 30 minutes of the job.

I manage my condos long distance too. The secret to the success of my model is securing the best housekeeper and pay her more than average. And a handyman. Don't forget to buy home warranty, it comes very handy.

Sorry if I am down on management cos. It was my experience.

VRBO / AirBnB full service management - who is best??

VRBO / AirBnB full service management - who is best??

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