Six Signs Your Vacation Rental Property Manager is Stealing from You

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Are you unknowingly losing money from your vacation rental property? Discover the warning signs that indicate your short term rental property manager may be misappropriating your funds. In this article, we will explore six indicators of questionable practices that could be negatively impacting your profits, such as the deceitful tactic of "rent shifting." Owning an Airbnb property can be a profitable venture, but choosing a trustworthy property manager is crucial to safeguard your investment.

1. False Statements and Concealed Owner Portals
Some property managers grant access to an owner portal, providing details about your listing, rates, and earnings. However, certain unscrupulous managers manipulate the information presented in these portals, creating a discrepancy between what you see and what guests are offered. Pay attention to managers who deny you the opportunity to be an Airbnb co-host, as this may indicate an attempt to retain additional earnings without your knowledge. Look out for these hidden traits:

  • Deflated rates in the owner portal
  • Omission of earnings from cancelled bookings
  • Lack of transparency regarding fees and charges
  • Non-disclosure of earnings on statements


2. Owner/Guest Rate Discrepancy
Once your property is listed, it is crucial to compare the rates advertised on popular vacation rental platforms, such as Airbnb and VRBO, with the rates communicated through your owner portal or statements. At Thorn Point Vacation Rentals, we prioritize transparency and guarantee that the rates we provide accurately reflect the platform listings. If you notice any discrepancies, we are committed to promptly addressing and rectifying them.

3. "Junk Fees"
Some property managers impose excessive or undisclosed fees, impacting your overall profitability. Examples of such fees include management fees, inflated cleaning fees, credit card fees, booking fees, and damage fees. At Thorn Point Vacation Rentals, we operate with integrity and prioritize your earnings. We believe in fair fee structures and do not engage in the practice of imposing unnecessary charges. Our commitment to transparency means that we provide a breakdown of all fees, including booking fees, damage fees, and others, clearly outlined in your contract. We strive to maximize your profits by minimizing fees because your success is our success.

4. Excessive Credit Card Processing Fees
We charge a standard processing fee of 3%, adhering to industry standards. However, some property managers may inflate this percentage to retain more profits, ultimately affecting your bottom line. At Thorn Point Vacation Rentals, we maintain transparency in all financial matters and ensure that our fees align with industry norms. Our aim is to provide you with a complete understanding of the financial aspects of our partnership, leaving no room for surprises or hidden charges.

5. Rent Shifting: Protecting Your Rental Business
Rent shifting is a manipulative practice that can harm your rental business. At Thorn Point Vacation Rentals, we operate with integrity and do not engage in rent shifting. We prioritize a trustworthy relationship with our clients, ensuring that your rental rates remain consistent and aligned with market standards. By safeguarding your interests, we secure your profitability and establish a stable foundation for success. For a better explanation of rent shifting, we recommend exploring the linked resources below.


6. Low Commission Traps
Be cautious of property managers who advertise low commissions, as they may compensate for this through deceptive practices mentioned above. Choosing a reputable and transparent property management partner, such as Thorn Point Vacation Rentals, ensures the protection of your interests and maximizes the success of your vacation rental property.

Conclusion: Trust Thorn Point Vacation Rentals for Transparent Property Management
When it comes to managing your short term rental, Thorn Point Vacation Rentals prioritizes transparency and maximizing your profitability. By following the steps outlined in this article, you can effectively determine if your property manager is stealing money from your short-term rental business. With Thorn Point Vacation Rentals, you can trust that we prioritize your financial well-being and adhere to ethical business practices. Our commitment to open communication, transparency, and a focus on your success are the pillars of our property management approach. Choose Thorn Point Vacation Rentals as your trusted partner, and rest assured that we will safeguard your interests, ensure the success of your vacation rental property, and provide exceptional management services. Contact us today for a partnership built on trust and profitability.
Thorn Point Vacation Rentals is available for management in Tampa, South Bend, and Topeka. We also offer an Airbnb co-hosting service anywhere in the country. See here for more information about our management services.