We charge a market rate of 20% gross revenue which includes managing all aspects of your STR. However, we can customize our pricing based on your needs. For example, we charge only 15% for virtual cohosting including guest and cleaner communication, pricing strategy, and listing updates. For guest and cleaning team communication only, we charge 7.5%. Setting up a new listing is a one time fee of $150.
As a cohosting company, we specialize in working with owners to make renting an STR as painless and passive as possible. Currently we have a team in the Orlando, FL area which can make it nearly 100% passive for you to run an STR there. We handle all aspects of listing management, online communication, minor repairs/issues which might arise, and turnover cleaning between guests. We can virtually cohost anywhere along the East Coast although this would require you to be more involved in the day-to-day management. Our virtual cohosting model involves managing everything possible online, but leaving the repairs and cleaning up to you (or your team). Get in touch detailing what you need to make your STR successful and we'll gladly discuss how we can help!
If you have an empty piece of real estate which you would like to turn into an STR, we'd love to help you make your dream become reality! We will help you design your space, stage it, and create the online STR listing/s. You would need to buy the furnishings and we charge a one-time $200 fee for helping you design/setup the space and creating the online listing/s. With experience, we know which furnishings guests want, which are most cost effective *in the long run*, and how to create a space that will pop on the listing website. If you are already running an STR and have a listing on Airbnb and VRBO, we will help you optimize the physical design and the online listings free of charge, since this will be covered in our monthly services pricing.