I have been a host for six years across two cities, and I wanted to put out some information about my experience with Turnkey Vacation Rentals in Nashville, TN. This company was a complete disaster for my listings, and I would never recommend any host use them. I have a TON of things to say, but I'll try to list the basic issues with their "service."
1. They advertise a "hands-off" and "worry free" service for absent landlords. It was anything but. They couldn't even handle basics like getting the lawn cut before it was 3 feet tall in mid-summer, causing mutiple terrible reviews. I had to check up their work constantly, and they showed no care at all to making sure guests had a good experience and would leave the listings with good reviews.
2. They similarly advertise high-quality vacation listings, but they were awful at basic things that give guests a good experience. Replacement towels and linens were of really low quality, and not maintained well, despite these expenses being charged to me. They didn't even try to use good products when they weren't paying for them! Again, no care given to providing a good guest experience, and the listing suffered for it.
3. They never held guests accountable for damages or even apparent theft. Items went missing from the home, including a full bed frame. Curtain and bathroom hardware was pulled down and shoddily replaced multiple times, but no guests were held accountable for these damages, and I ended up eating the costs.
4. Becuase the reviews suffered so terribly, after buring through my old airnbnb reservations that were already in place at handover, they had one good month of revenues (when their listing was new), and then after that, reservations tanked. I had 3-4 days out of two months reserved when I finally fired them. Now I'm having to cover the mortgage at this house with no revenue coming in for two months wheil I wait to get a long term tenant in place.
Bottom line, this company is unprofessional in many ways and not to be trusted with any property that is nice enough to be a good airbnb listing. Plus, there is no bond or deposit in place to ensure their care of your property or business reputation. Use their services at your own risk.
@Paul368, thank you for sharing your experiences with this company!
It is valuable information. I know I did a lot of research here before starting hosting, and hopefully other hosts who are considering using Turnkey Vacation Rentals will do their research and benefit from your review.
I appreciate you taking the time and trouble to document the difficulties you faced; I hope you recover from this and get back on track with your property soon.
Do not sign with Turnkey:( The company is totally automated and getting anything done is impossible. No one works on the weekend so you can handle problems yourself on your days off. I have a lot of experience with nightly rentals and Turnkey was by far the worst management we have had. We made less money although when we signed up we were promised that we would make more, A couple of disappointing months in they raised their fees to 23%. They promised not to nickel and dime us and yet we were charged for credit card fees when Airbnb handles that. Also we were charged $95 for removing a gopher from the pool when my husband took it out. The final straw was when they withheld payment for all our rentals so they could nickel and dime me about relocating a guest. So far my ach payment is a week late and I have not been able to get anyone on the phone to discuss it despite long hold times and many many messages. Run don't walk!
I just finished reading your response to Paul about your experience with TurnKey. I work for a company called Coleman Research where we partner with consulting firms and investment management companies who use our database of experts to learn more about a certain topic or subject. I'm working on a project where my client is interested in speaking to people who have had experience with companies like Turnkey and I think you'd be great for them to speak to. They want to speak with about 20 people who have this experience so I though you'd be a good fit like Paul. These conversations with my client happen over the phone and last about an hour and you would be paid for your time. I'd be happy to talk and answer any questions you might have!
Hi @Amanda610 -- I work at TurnKey and apologize that we're just now responding to this after discovering this forum thread.
I'm surprised to hear you weren't able to reach anyone on the weekends. We do have many staff members work weekdays. However, we absolutely understand the importance of weekend coverage and ensure that we have 24/7 coverage for both our owners and guests.
Regarding our fees and pricing structure, we always ensure they are transparent, and that these are clear/available to owners in the owner dashboard and emailed owner statements. In addition, credit card fees were only ever passed on to homeowners where these expenses were incurred on the booking platform. However, this was never the case on Airbnb. If that was your experience, we would be very interested to learn more and see where the miscommunication was.
When it comes to relocating a guest, it can be very costly and also a painful experience for the guest, as you can well imagine. As such, there can be additional fees attached to this, which are clearly outlined in our owner agreement. When this is the case, we make sure to communicate proactively with the homeowner to avoid surprises. Our goal is to ensure the guest is taken care of, and that if this relocation happens, we do it with empathy. Sometimes this does come at an added expense to the owner.
If you would like to reconnect with us or further discuss the issues you experienced so we can improve our service, please email us at email@example.com.
I just finished reading through your post about your experience with TurnKey. I work for a company called Coleman Research where we partner with consulting firms and investment management companies who use our database of experts to learn more about a certain topic or subject. I'm working on a project where my client is interested in speaking to people who have had experience with companies like Turnkey and I think you'd be great for them to speak to. These conversations with my client happen over the phone and last about an hour and you would be paid for your time. I'd be happy to talk and answer any questions you might have!
**[E-mail address, phone number and name hidden due to safety reasons - Community Center Guidelines]
I would happily speak to Coleman Research.
I have been struggling with TurnKey and have not yet signed an agreement. Their poor communication and lack of straight answers to my questions is making me very wary. I got a lot of contradictory answers about how and what they payout property owners.
I got few bookings through them after a month. I took back my listing so I could rescue my high season from them.
TurnKey provides ‘cheap’ and inferior toiletries etc. and charge the homeowner a ridiculous fee to supply items for every guest and most guests don’t use them but you are still charged. It feels a bit shifty. Thank you, Katie
I had similar experiences to those of Paul in New Orleans.
I did do some research on Turnkey before signing with them, including speaking with a friend of a friend who uses them and loves them.
My AirBnB is very much a 5* hotel type place - it's a large and complicated house and this was made clear to the Turnkey sales rep who visited. However it quickly became apparent that they could not cope with the demands of a complicated house and 5* status. The toiletries they used were awful - the toilet paper was pathetic, the list was endless. They failed to understand all the house controls and so were useless with guests' questions.
The week before we returned to our own house for a vacation, we got a torrent of complaints about cleanliness from a guest (who I'd booked on VRBO but was being looked after by Turnkey). This same guest did a chargeback on VRBO for the stay which I've not managed to have reversed. When we arrived at the property, it was filthy, despite being charged by Turnkey for cleaning.
As to bookings, they were terrible: we signed with them in May and were largely full through early October but had plenty of vacancies after then (still high season for us). We were achieving high occupancy with high prices and 4 night minimums. I reluctantly agreed to permit Turnkey to reduce the minimum to 3-nights. They only managed to get three bookings for 3 nights each over a period of 4 months. When challenged, they said we were charging too much, completely ignoring the fact that we were achieving those rates ourselves.
I can see that this company might be ok for a cookie cutter apartment in a town, but it simply cannot handle anything out of the ordinary. Avoid it like the plague.
Hi @Norman31 -- I work at TurnKey and apologize that we're just now responding to this after discovering this forum thread.
We hate to hear your experience with TurnKey was not positive. We recognize that unique and stunning homes like yours often need encyclopedic knowledge to help guests take advantage of high-end amenities. As such, we've invested in launching a smart system that lets us store and provide answers to guest questions at the market and property level.
We've also improved our prior owner bookings process to account for the unique situation where the party managing the guest is not the party responsible for collecting the funds. We'd welcome any feedback on handling this more effectively, or any other opportunities for us to improve our experience.
We'd also love to hear more about any pricing differences between self-management and TurnKey. We've found that transitioning from FRBO to property manager setup does require some tweaking to ensure that our rates are optimized. Please feel free to email us at firstname.lastname@example.org
Paul, just now seeing this. Similarly, I live in NOLA and have rental in Nashvillle. I’ve had similar experiences with TK. I looked at other companies on-line, but curious if anyone has had success with other management companies?
I am a super host here in Nashville and currently host my own rental as well as co-host five others. I would be happy to discuss your needs for management of your property here and can be reached at email@example.com
At this moment, I'm staying in a TurnKey managed property in Yachats, Oregon. We're here for the week of Thanksgiving 2018. The place is awful. Upon arriving today, we discovered dirty and hole-filled bed sheets in one bedroom, a sand-filled and filthy washer and dryer, grease literally dripping off the stove's dust-encrusted exhaust fan, burn holes in one of the bed's pillows, compressed and yellowed pillows in other bedrooms, old ratty blankets, thick dust on table tops and floors, and cobwebs hanging throughout the place. No one had emptied the coffee maker after its last use, leaving it filled with gross, moldy coffee grounds. Two smoke alarms started up with low battery warnings, one around 10:15pm and the other at 12:30am. It's 1:45 am and I've been awake since the last alarm went off. We had to climb up on a table to unplug the first alarm and stand on a makeshift ladder of chairs and a cooler to shut off the other. We're only one night into a seven night stay. I hate to think how the rest of the stay is going to go. I have no problem staying in a place that's old and lived-in. I did it in September at another AB&B owner-managed listing in Yachats and it was a wonderful stay. This is beyond old and lived-in. More like neglected. It's obvious whoever has been cleaning and providing upkeep on this place (TurnKey) has not been doing their job. Unfortunately, I'm sure the owners will never know their property is being mismanaged.
Just wanted to provide a follow-up on our stay at this TurnKey property in Yachats. We contacted TurnKey the morning of my earlier review and brought our issues to their attention, including a wifi connection which was problematic. The local contact person offered to send someone in to clean, but based on how terrible the "cleaned" condition was, we declined and cleaned it ourselves. Four of us worked for two hours, sweeping, scrubbing, vacuuming, doing laundry, dusting, and degreasing. The contact person later called us and when we mentioned the four of us had done this, she laughed. Right? She laughed. Okay, then. That pretty much summed up where TurnKey stood on the issue. So, we've made do for six days. We keep getting a pop-up message on the internet service saying the bill hasn't been paid and could someone please pay with a credit card. Mmmm...nope, sorry. The only web addresses we can access are encrypted ones and the access we get is pitifully slow. When the internet service was mentioned to TurnKey, they did nothing and denied knowing anything about it. Needless to say, I don't believe them. Probably no need to say I will never rent a TurnKey property in the future. If you're reading this, I hope you don't either...