Home How We Manage Market Atlas About Coaching Get My Free Property Report
Pricing, explained

What short-term rental management actually costs

Management fees are the question owners ask most and get the least straight answer on. This page has the market ranges, our published rate, and the arithmetic for comparing a cheap fee against a full-service one. Run your own numbers before you talk to anyone. Including us.

Last updated August 2026

The short answer

Full service runs 20–35%. Listing-only runs 8–15%.

Those two bands describe the short-term rental management market in this region. They buy very different amounts of work, which is why the percentages sit so far apart.

ModelTypical feeWhat the owner still handles
Listing / remote management
National platforms, remote co-hosts
8–15% Cleaner scheduling and quality, maintenance and vendors, supplies, after-hours problems, neighbors, local licensing
Full-service local management
A manager with people in your city
20–35% Approving larger expenses. That's close to all of it.

A percentage on its own tells you very little, because two managers quoting different numbers are often charging on different bases and doing different amounts of work. Before you compare any two quotes, find out what the percentage is calculated on and what it buys.

Our rate

Three tiers, published, and the same for everyone.

We put our pricing on the website because an owner should be able to do the arithmetic before talking to a salesperson. This is the rate for every owner we work with. Keeping it the same for everyone is what lets us staff the work properly.

Basic

18%

Essential management. This is also the tier we offer for properties outside the greater Puget Sound region, where we can't put our own people on the ground.

Pro

25%

Full service, including cleaner management, property inspections, maintenance coordination, and local tax and licensing compliance.

Hands-Off

30%

Everything in Pro, plus we absorb the small consumables and carry furniture damage coverage, so a broken lamp doesn't become an owner invoice.

Which tier applies is mostly a question of geography rather than preference. Every tier is available in our home market. Outside it, we offer Basic, because we can't do on-the-ground work in a city where we've no people.

The arithmetic that matters

A lower percentage of a smaller number isn't a saving.

The management fee is a share of a total that the manager influences. The comparison worth making is what reaches your account after the fee, using each manager’s realistic booking performance rather than assuming both produce the same revenue.

That comparison, on a Puget Sound three-bedroom, uses the booked-nights bands we publish in every property report: 50–60% of nights for an owner-managed or lightly-managed listing, and 65–75% for a professionally managed one. The remote fee below is 12%, the midpoint of the 8–15% band.

Remote / listing-onlyFull-service local
Nights booked50–60%65–75%
Gross booking revenue$32,000$41,000
Management fee12% → −$3,84025% (Pro) → −$10,250
Revenue after the management fee$28,160$30,750
Owner’s remaining workload Cleaners, vendors, supplies, guest problems, after-hours calls Approving larger expenses

Property expenses come out of both columns identically — utilities, insurance, repairs, consumables, licensing. Neither figure above is what you take home. The point of the table is the gap between the two, and who's doing the work that produced it.

This won't hold for every home. An owner who's good at this, in a market with little competition, can close most of that gap. Run the arithmetic on your own address rather than taking either version on faith.

Where the points go

A management fee is a payroll decision.

Look at the fee from the manager’s side of the table for a minute. The arithmetic explains a lot about what happens after you sign.

A company charging 10% on a home that grosses $40,000 earns $4,000 a year from that property. Out of that comes the person answering guest messages, the person who picks up the phone when something breaks, insurance, software, a vehicle, and the office. At that price the arithmetic only closes at volume, which means each person carries more properties. That's the mechanism behind the experience owners describe when they leave a cheap manager: the Saturday message that went unanswered until Monday, the maintenance issue that waited a week, the small problem that became a three-star review.

None of that requires anyone to be lazy or dishonest. A smaller fee buys less, and the first thing it buys less of is people’s time. When you compare two quotes, the question underneath the percentage is how many properties the person handling yours is also handling.

The cost that shows up later

Owners who leave an underperforming manager tend to pay for it twice. There's the revenue that was never earned in the first year. Then there's the recovery: new photography, a rebuilt listing, weeks of thin bookings during the handover, deferred maintenance surfacing all at once, and a review history that starts over if the listing was on the manager’s account rather than yours.

That second bill is the one nobody budgets for, and it's usually larger than the fee difference that prompted the original decision.

The most misunderstood line item

Cleaner scheduling and cleaner management are two different jobs.

New owners almost always treat cleaning as a solved problem. Find a cleaner, connect the calendar, and the turnovers happen. The scheduling portion is fairly easy to automate but managing the people who perform the cleaning is a whole other thing. Within a couple of months you can read the difference in your reviews.

Scheduling is telling the cleaner when.

A calendar sync sends the dates. When a guest books, checks in, or checks out, the cleaner’s calendar learns about it. This is largely automated and it works most of the time.

The caveat is that shared calendars poll rather than push, so every hop adds delay. A same-day booking, an early checkout, a cancellation or an extension can land after the cleaner has already planned the day. A guest books at nine in the morning for that night; the cleaner’s calendar finds out around noon; the cleaner is forty minutes away on another job. Automation created the task. A person reassigns it.

Management is everything the calendar can't say.

The dates are the least of what a cleaner needs to know. The calendar knows a booking exists. It doesn't know that this one is two couples rather than a family, so the king should be split into twins. It doesn't know the last guest mentioned the coffee maker was sticky, or that the owner is arriving Friday, or that the shower door has started catching and should be looked at before it fails on somebody.

Feedback

Carrying what people say back to the person who can fix it

Guests, owners and managers all notice things. Somebody has to turn that into a specific instruction for a specific cleaner, and then check the next turnover to see whether it took.

Quality

Somebody checks work they didn't do

Photographs from consistent angles at the end of a turnover, and spot inspections in person. New cleaners get checked hard for the first month or two, established ones at random after that.

Damage

Reporting what broke, the day it broke

A cleaner in a hurry works around a small stain on the couch. The clock on recovering that cost is already running, and it runs out quietly.

Restaging

Putting the house back the way it was photographed

Cleaning removes what the last guest left. Staging restores what the listing promised. A spotless room that doesn't match its photos still produces an accuracy complaint.

Restocking

Par counts on every consumable

Coffee, paper, soap, toilet paper, batteries, light bulbs. A count also tells you the day a hair dryer goes missing, rather than three weeks later when a guest complains there's not one.

Training

Continuous, because the standard drifts and the people change

Cleaning has one of the highest turnover rates of any service trade. A managed program keeps a bench, trains against the same checklist and the same staging photographs, and audits new people harder, so the owner never experiences the changeover.

The damage clock is the clearest example.

Airbnb’s host damage protection terms give a host fourteen days from the responsible guest’s checkout to notify Airbnb of a complaint, and thirty days to file the request with evidence. Fourteen days sounds generous until you notice where the clock starts: at a checkout you weren't present for, on damage you don't yet know exists.

The real deadline is earlier than either of those, and it isn't written in the policy. Once the next guest is in the room, you can no longer prove who caused it. A stain found three weeks later is unrecoverable no matter how clearly the terms are written, because the evidence is gone. So someone has to look at the house between guests, and report what they find the same day.

The terms cut the other way too. Airbnb’s coverage does include extra cleaning to remove guest-caused stains, pet accidents and smoke odor. What it excludes is normal turnover cleaning, and it pays only the amount above the cleaning fee you already collected. Owners talk themselves out of valid claims as often as they file hopeless ones.

Why any of this shows up in revenue.

Airbnb’s Guest Favorite designation requires an average rating above 4.9, and Superhost requires 4.8 across a rolling year, both with cleanliness as a scored subcategory. At 4.9 there's almost no margin for error. A handful of cleanliness complaints across a year can move a listing out of a badge that feeds ranking, which feeds views, which feeds bookings. One poor turnover isn't one poor night.

The other thing a fee buys

Everyone uses the same pricing software. The difference is whether anyone is watching it.

Almost every serious operator in this business runs one of the same three or four dynamic pricing tools. We do too. They blend market comps, occupancy and booking pace with a listing’s own performance and output a nightly rate. Anyone claiming proprietary pricing technology is describing a subscription.

A pricing tool is a set of instructions you write once. It keeps following them after they stop being right.

Cold start

A new listing has no recommendation for two to three weeks

The software needs consistent price history before it can suggest anything specific to your property. Somebody has to set the opening number and watch what it does to views and inquiries.

Local events

A national tool catches the big ones

It knows about a stadium concert. It doesn't know about a four-hundred-person wedding block or a supplier conference announced last week in Snohomish County.

Orphan nights

The single night between two bookings

It sits empty unless somebody drops the minimum stay for exactly that gap. Nobody watching from a phone catches these.

Drift

Settings written in January describe a market that's gone by spring

Comp sets go stale as neighbors change their ratings and amenities. Six weeks after a new property opens nearby you can be the cheapest on the block without ever deciding to be.

Even the pricing companies themselves employ people for this. One of the largest publishes that its own revenue management team steps in to set prices by hand for specific events, because bookings for those dates appear too late for the system to detect the demand on its own. That's a sensible design. It's also an admission that the software is a starting point.

We won't quote you a percentage of extra revenue for active pricing. Every published figure on that comes from a company that sells one side of it. The work is setting and re-setting the base price, rebuilding the comp set as competitors change, moving season boundaries to match local reality, loading known events months ahead, adjusting minimum stays with demand, clearing orphan gaps, checking that the cleaning fee and rate still make sense together on a two-night stay, and confirming the rates reached every channel. Somebody sits down and does all of that, month after month. That's part of what the management fee pays for.

Questions owners ask

The things worth knowing before you sign with anyone.

Most of these apply to any manager you're considering, including us. Where a question has an answer we can give about ourselves, it's here.

How much does short-term rental management cost in the Puget Sound region?
Full-service local management generally runs 20–35% of booking revenue in this market. Listing-only and remote co-hosting services generally run 8–15%. Stay Flourish publishes three tiers — Basic at 18%, Pro at 25%, and Hands-Off at 30% — and that's the rate for every owner, so the number you see here is the number you get. A percentage on its own doesn't tell you much, because two managers quoting different percentages are usually charging on different bases and delivering different amounts of work. The useful comparison is what reaches your account after the fee, and what you still have to do yourself.
If I hire a manager, whose Airbnb account is the listing on?
It should be yours, with the manager added as a co-host. Airbnb accounts belong to people rather than to properties, and Airbnb’s terms of service require its written consent before an account or agreement is transferred, which in practice means accounts don't change hands. If your listing lives on a manager’s account, the review history you spent years building stays with them when you leave, and you start again from zero reviews. Payouts can still route to a manager while the listing remains yours. You can check this today: sign in to your own Airbnb account and look under your listings. If the property isn't there, you don't hold it. Ask any manager this question before you sign, and get the answer in writing.
What happens to my bookings and reviews if I leave my manager?
That depends almost entirely on whose account the listing sits on. If it's yours, the listing, the reviews and the future reservations stay with you and the handover is administrative. If it's theirs, you're rebuilding. Existing reservations are the part owners underestimate: cancelling confirmed Airbnb bookings triggers host cancellation fees of 10% more than 30 days before check-in, 25% between 48 hours and 30 days out, and 50% inside 48 hours or after check-in, with a $50 minimum, calculated on the base rate plus cleaning and pet fees. Those fees are billed to whoever holds the account. Notice periods across the industry run 30–90 days. Ours is 30 days written notice with no exit fee: we stop taking new bookings, the last reservation checks out, and the house is yours.
How do I tell whether a manager is actually doing a good job?
Ask for RevPAR, which is revenue per available night — average nightly rate multiplied by occupancy. It's the single number that can't be gamed by trading one against the other. A property producing $120 RevPAR is underperforming in a neighborhood where comparable two-bedrooms average $150, and beating the market where comps average $90, so the figure only means something next to a real comp set. Two things distort it. A manager comparing your home to a portfolio average rather than to like-for-like neighbors will make almost anything look fine. And nights you blocked for your own use shrink the available-night count, which usually pushes headline occupancy up. The red flag is a report that shows occupancy with no average rate and no RevPAR beside it.
What does the cleaning fee pay for, and does anyone mark it up?
The cleaning fee is charged to the guest at booking and it funds the turnover: the cleaner’s labor, the linens, and the consumables that get replaced between stays. It's separate from the management fee and it isn't owner income. The question worth asking any manager is whether they take a piece of it. Some pass the cleaner’s cost through at exactly what it costs. Others add a coordination charge, commonly 10–20%. A few charge the guest one amount, pay the cleaner less, and keep the difference without saying so. Ask to see one real month: what the guest paid, what the cleaner was paid, and what happened to any gap.
Can I still use my own property, and what does that cost me?
Yes. Block the dates and stay in your house. We don't charge an owner-use fee. The consequence is in the reporting rather than the invoice: nights you take off the calendar should be removed before anyone judges your occupancy. If a home has 365 nights, you use 14, and 218 of the remaining 351 book, that's 62% of the year but 68% of the nights that were actually available. Both numbers are true, and a manager will usually quote the one that flatters them. Ask which one you're looking at.
What do I have to pay for myself, on top of the management fee?
The property’s own costs, which belong to you at every management company. Furnishing and outfitting the home before launch, from beds to a can opener. Utilities and internet. Insurance, property tax, and licensing fees. Consumables and linen replacement. Repairs and maintenance labor and materials. A Minut sound sensor and its subscription, and cameras if you want them, are owner-purchased and we set up and monitor them. The smart-home stack is included on Hands-Off and available at cost on the lower tiers. Onboarding takes a $500 deposit. We don't mark up vendor invoices — a $400 plumbing bill reaches you as $400. Sensible planning numbers for a Puget Sound home: internet around $100 a month, utilities around $250, yard and snow around $100, and a furniture reinvestment line on roughly a seven-year cycle, which is about $1,714 a year on a $12,000 furnishing budget.
Does my homeowners insurance cover short-term renting?
Almost certainly not. Standard homeowner and landlord policies exclude business use of the property, and an insurer that learns the home was being rented nightly can deny a claim outright, including a guest injury claim. You need a policy written for short-term rental use. Airbnb’s AirCover is a supplement rather than a substitute: host liability covers up to $1 million per occurrence, and host damage protection reimburses up to $3 million, but Airbnb itself says it is not an insurance policy, it applies only to stays booked on that platform, and it excludes ordinary wear and tear. A growing number of Puget Sound cities now require proof of liability insurance before they will issue a short-term rental permit.
Should I hire a manager at all, or self-manage?
Self-managing works for some owners. It tends to work when you live close enough to be at the property inside an hour, you've a reliable cleaner you already trust, the home books in longer stays so there are fewer turnovers, and you're willing to answer your phone at eleven at night. It stops working when any one of those changes. A middle path that almost nobody in this industry mentions is seasonal: some owners self-manage the quiet months and bring in help for peak season, when the turnovers stack up and the revenue at stake is highest. If your property isn't a fit for us, we'll tell you that on the call rather than sell you a tier.
Who is responsible for lodging taxes — me, the platform, or the manager?
The legal liability stays with you as the owner. Airbnb and Vrbo collect and remit Washington state retail sales tax and most local lodging taxes on bookings made through their platforms, and a manager can handle registration and filing on your behalf, but only the owner can be assessed for a shortfall. Direct bookings are the common gap, because no marketplace is collecting on those. Whether we take on the registration and filing work is decided home by home — requirements differ enough between cities that a blanket promise would be wrong somewhere, so we scope it at onboarding and write it into the management agreement. The taxes themselves and the government fees are property costs and remain yours either way. We walk through the detail on our Washington short-term rental tax page, which is educational rather than tax advice.

About the figures on this page. The percentage ranges describe the broader short-term-rental management market and are provided for general education. The worked example is an illustration built from the booked-nights bands we publish. It is not a projection for any particular home, and it is not a quote, an offer, or a prediction of what any property will earn. Actual revenue varies with market conditions, seasonality, property condition and presentation, regulation, competition, and factors outside any manager’s control.

Platform policies described here, including Airbnb’s damage protection, AirCover and host cancellation terms, are summarized in plain language as of August 2026 and change without notice. Verify current terms with the platform before relying on them.

Nothing on this page is financial, legal, tax or investment advice. Fees, inclusions and terms for any engagement are established only in a signed management agreement.

Want the math on your address?

We'll run your numbers against live market data and send the report. It's free, and it doesn't commit you to anything.

Get My Free Property Report →