Anyone experienced with VACASA?

[Debbie Bone]

I’ve purchased three cabins-beachfront-great location cabins on 1/2 acre. I want to develop Condos or townhomes but meanwhile vacation rent them to help cover costs. I’m finding a lockdown style 32-35% property management rate by local managers and I’m not impressed by what I’m hearing on reviews. VACASA is new to this area and wants to manage the cabins but still want 32% not including extra fees for maintanance etc. The properties were very mismanaged so I can’t go on past rents. Area rents are great occupancy summer and dead in winter. I travel-work a lot and don’t really want to manage myself unless absolutely must. Does anyone have experience with VACASA or have suggestions. The local municipality requires a property manager for absentee owners and state of WA requires property managers to be licensed real estate agents. I’ve thought of a couple ways to work around all that but if VACASA is as good at marketing as they say I’d lean that way. Thanks.

[Joey Morea]

@Debbie Bone

Before I switched over to self managing I did use vacasa as a pm. This is what I found they did which I did not like and thought was sneaky. They would charge rent which they say is dynamic to optimize your profit but what they do is also add booking fees the guest pay on top of rent for another 10-20 percent they say this is for credit card fees and other admin charges but then what is the commission for? This raises the total cost Which is what people are looking at when they book. The rent they did charge seemed to be really low so they still could put all their fees in there and be competitive with the normal listings they did keep the place booked but that is how they did it.