Costs of Airbnb Management Companies

[Kristina Modares]

I have a property that I would like to list on Airbnb in Austin. I'm curious as to what is the typical rate with Airbnb property managers? I got a quote for 20% and they would charge me for cleaning fees on top of the 20%. That seems a bit high to me but not sure what is the standard. Also, how do the taxes work? Do they pay for the Airbnb tax since I'm assuming it will be set up through their Airbnb profile when they list the property. Thank you!