A legally binding contract between a property owner and a property manager outlining the scope of services, fees, responsibilities, and terms of the agreement.
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Implementing clear and balanced cancellation policies to protect both hosts and guests while considering market standards and booking flexibility.
A percentage of the booking amount charged by platforms like Airbnb and VRBO for their services.
A key performance indicator (KPI) in short-term rental management, representing the percentage of time a property is booked over a specific period.
Addressing potential noise issues proactively by implementing house rules, soundproofing measures, and open communication with neighbors to ensure a peaceful environment for…