I wanted to add to this since my company recently put out an article on the topic, and we work with over 700 managers & are constantly analyzing their management offers.
The commission rate that an Airbnb manager charges for all inclusive, full-service management definitely varies pretty dramatically. The US average is 28%, but that hides large discrepancies between companies and geographies.
We’ve seen commission rates get as low as 14% or 10% (for booking/marketing only), and we’ve also seen them go over 40%.
The biggest factor in determining the commission rate will be your area and the type of rental that it is. Urban rentals, for example, will be much cheaper to maintain and serve than a ski house, for example, that would require a manager to do winter proofing, snow removal, etc. Because of that, urban rentals tend to have the lowest Airbnb commission rates, while the beach and lake markets are somewhere in between.
I know most of you in this forum manage the home on your own, and if you ever choose to work with a management company, make sure you know exactly what is included in the commission rate. We’ve seen some sneaky managers advertise low commission rates and tack on additional fees for things that should be included in full-service management. Here’s a chart to show you what I mean (although I will say that all the rates on this chart seem very high):
If you have any questions about this, please feel free to reach out to me! My colleague also put together an article that details more on the cost of an Airbnb property manager that you may find helpful.