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Updated over 1 year ago,
Question about short term rental management commissions
I would love to hear from others how their short term rental management commissions are set up. The manager for my short term rental charges 30% of gross revenue. However, they include municipal taxes and fees as part of that gross revenue (this wasn't defined in the contract, so I had to figure it out over time by asking for more transparent billings). So, when someone books on Airbnb, Airbnb collects those required taxes and pays them directly to the corresponding municipalities. As the owner, these funds never come near my account. However, my property manager then bills me for 30% of these costs. Has anyone else had it done this way? Trying to decide if this an industry norm or if it's something to push back on. The commissions taken out due to this can add up to $700-800/month in costs to me.