How much does property management for an Airbnb property cost?
Atlanta Property Pros has a very transparent pricing approach to simplify things for our members. See below for an outline of our pricing model:
- Personalized initiation fee depending on the services you need
- 20% of the total net payout from each channel partner on a per booking basis
- Net Payout Formula: Nightly Rate (Accommodation Fare) + Cleaning Fee - Channel Partner Service Fee = Net Payout
- $50+/per listing monthly administrative fee to cover enrollment of your home into our systems
- Cleaning fee- dependent on the size of your home. This goes directly to the cleaner assigned to your property and Atlanta Property Pros does not profit off of this exchange at all by way of service fees for sourcing the cleaner
- Worldwide Property Pros does not have any internal cleaning staff and a 3rd party vendor is sourced for your property during onboarding
- The cleaning fee that you're quoted for turning over your home is deducted from the net payout according to the above formula
- The total amount quoted for each turnover and any subsequent overage charges related to cleaning fees are paid directly to the 3rd party vendor
- Property visit fees apply anytime a team member has to visit your home outside of the monthly wellness checks to serve a guest or respond to a guest complaint.
The cost of property management for an Airbnb property varies depending on the property management company you choose, the level of service you require, and the location of your property. Typically, property management companies charge a percentage of the rental income, ranging from 20-30%. Some companies also charge a setup fee or a monthly retainer. It's important to research different property management companies and compare their services and fees before making a decision.
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