All Forum Posts by: Michael Green

Quote from @Andrew Steffens:

Depending on how it is written (and how I would look at it as a FL based PM) is the contract is terminated once the property sells.  Vacasa cannot force you to stay on based on the agreement the previous owner signed.  There likely is a penalty in the contract that could be applied to the owner for not giving the proper notice to Vacasa.  Vacasa then has the right to exercise the penalty of waive it.

Curious where in FL is the condo?

My understanding of Vacasa's contracts in general is 90 days and if you terminate it you owe any booking fees and any costs they take to move the guests (ie, to a higher rate property).

The seller is aware of this, and I've told them to tell Vacasa to stop taking bookings on it as I don't intend to continue using Vacasa.  Seems they did not do that <shrug>.

The prop is up the coast from you - Fort Walton Beach area.

Hi folks -
Purchasing an STR condo in FL that is currently managed by Vacasa.  The seller tells me they have a 90-day notice w/ Vacasa, which they apparently have not given Vacasa yet. I got a hold of the Vacasa local sales rep and was told
"I can't share the current owners contract, but states a 90 day notice will be given - terms forward with you would be 90 days after signing and you could terminate after 90 days."

There are only bookings out to just a few days past closing, which I'm happy to keep. But given the past performance and reviews (and general Vacasa sentiment here and other forums) of the unit I'm not leaning towards continuing using Vacasa.

Am I obliged to honor anything w/ Vacasa? There is nothing in our closing docs/addendums that indicates I am taking over any contract nor have/will I sign anything w/ Vacasa.  I have read that Vacasa will charge fees/etc for any future booking if you cancel, but what if there are not any bookings? 

I understand that Vacasa "owns" the airbnb/etc listing itself and that will be removed and I have to start all over.

thanks!