Management fee - 20-25% of gross earnings?

Adi17
Level 2
Bucharest, Romania

Management fee - 20-25% of gross earnings?

Hello, everybody.

 

I want to make an offer to someone to list their flat on AirBnb. I will handle everything, from set up to paying the bills.

I saw that usually, the co-host (me) takes 20-25%.

 

Is that 20-25% of income? Or of income minus expenses?

If it's form all earnings, who pays for the cleaning and the utilities? Me (from that 20-25%) or the owner from his 80-75%?

 

Thanks.

1 Reply 1
Al55
Level 2
Montreal, Canada

Well I think your job as a Co host is just to get reservations and in some cases do the check ins depend on the agreements you had with the owner as for the cleanings and other expenses it should be the owner responsibility not yours so basically you should get 20%-25% net from each reservation.