Co hosting agreement template and fees

[Elizabeth3396]

Hi there, 

I've just started co-hosting for a friend and wondered what percentage people charge for full property management.

It's a huge place, with pool. Is it generally a percentage of the payout?

Also, is there a template I can find for agreements?- I'm in Sydney, NSW Australia. 

Thanks kindly! x

[Robert8610 · Accepted solution]

Hey @Elizabeth3396  - welcome to the wonderful world of co-hosting! I personally have begun charging 15% but I have a range of 10-20%, depending on the level of service I'm providing (10% for just managing messaging and reservations vs 20% for setting up airbnb from scratch and managing all aspects of the business). The percentage you charge is also dependent on the area - so I would check to see what other co-hosts in your area are charging. 

Also, I setup an initial pricing template and contract that I use with my co-hosts (just onboarded my first client using this and he AGREED!). Happy to share here and with our community in case anyone finds it helpful! I've also had a real estate attorney review it, so take it as my free gift to you : )

https://docs.google.com/document/d/1mgEF_LZU50U6l8hVHUuh5T8DRU0y5ZE4aC0rZvWE_D8/edit?usp=sharing

[Allison752]

Thank you Robert! I requested access to your google doc 😉

[Heather-and-Rob0]

Thanks so much Robert8610 I came on here to ask the same question.  I've requested your DOC as well.  Thanks for sharing.  Congratulations on securing your first deal.  

[Elisa]

Hi @Elizabeth3396 😊,

Have you found a solution?
Our Host shared great advice with you. Did you get a chance to review it?

I look forward to hearing your thoughts!

Thank you so much @Robert8610 for helping!

Warm regards 🌻