All Forum Posts by: Youngwan Ko
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Post: Best way to transition an active Airbnb from current manager to me?

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Hi everyone,
I’m on a process of closing on an active Airbnb. It’s currently being run by a property manager(not a company), but I’m planning to manage it by myself.
I understand that future reservations can’t be directly transferred to me. My thought is to keep the manager for a couple of months while I join as a co-host, then eventually remove her and run it fully under my account, if it’s even possible.
Has anyone here done a transition like this? Is the co-hosting approach the best/cleanest way to handle existing reservations?
Another big question will be what’s a fair compensation amount for the outgoing manager during this short transition. I won’t ask her to do anything but maybe one day, 2-3 hour of final go through at the property to get some tips and property exploration.
Appreciate any advice from folks who’ve navigated this before!