Only a 10 percent management fee - the ol' bait & switch trick rises again!

[Collin Hays]

I received this lovely postcard in the mail today, from a well-known, very large management company in the Smokies.  They are offering to manage my cabin for a paltry 10 percent fee!  Or are they?

I went to their website to book a property.  They've generously marked down the rent by 30 percent, but have made up for most of that with fees that they keep for themselves!  Follow along with me on this:

The original rent was scheduled to be $1,533.  If that was my cabin, I would have enjoyed 90 percent of that, or $1,380.  

But because of all of the fees they charge - $417 in junk fees and "club" membership fees that they keep - they have marked down the rent - the part they share with me - to $945.  So instead of $1,380, I get $851 - 90 percent of the reduced rent.  

So here are my trivia questions:  

1.  Is my management fee 10 percent, or 37.6 percent?  

2.  The couple on the postcard doing the high-five - are those the cabin owners, or the management company owners?