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Updated almost 2 years ago,
MTR management commissions?
Any suggestions on MTR commission splits? I've seen 25% a lot how ever with the rent rates varying from insurance rentals, vacation rentals, travel nurses, etc. Do you ever alter what your take-home is? Also any recommendations on owner/manager costs? Of course, mgmt software, marketing, etc. should be paid for by the mgmt as that's part of our business and I assume utilities should be by the owner, but what about when it comes to altering furnishings, guest supplies, cleanings, and professional photos?
Any insight is greatly appreciated!
Thank you!