Rental Agent Commission

[Sydneycraig]

What % do holiday rental agents take from short term holiday (7-30 days) ? In the luxury market if a difference $2k us + per night so for large luxury villa

[Boater]

Between 10 - 20 % .... Some are even known to charge 40 %

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[Sydneycraig]

$3-500 a day minimum

So what exactly do they do for that cut ?

[PattayaPhom]

Between 10 - 20 % .... Some are even known to charge 40 %

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Never heard of 40%...full management is normally 15%...and that includes marketing, contracts, airport collection, cleaning, maintenace and an assortment of other things..what does the owner do for the other 85%?????...didly squat.

Edited January 19, 2013 by PattayaPhom

[falang07]

...what does the owner do for the other 85%?????...didly squat.

Well, the owner had to invest lots of his money and buy the room/house.

[Sydneycraig]

Well yes paying $$$ for the villa is all the owner did!

I'd think most luxury villas would have their own staff and maintenance in order and this would be a separate thing from the villa rental company? And this would be paid on a monthly contract basis rather than a percentage ...

So an agent may handle marketing, contracts and payments/deposits. @ 10%?

[Boater]

Between 10 - 20 % .... Some are even known to charge 40 %

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Never heard of 40%...full management is normally 15%...and that includes marketing, contracts, airport collection, cleaning, maintenace and an assortment of other things..what does the owner do for the other 85%?????...didly squat.

One company in Samui charges 40%...

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[PattayaPhom]

Between 10 - 20 % .... Some are even known to charge 40 %

Sent from my iPhone using ThaiVisa app

Never heard of 40%...full management is normally 15%...and that includes marketing, contracts, airport collection, cleaning, maintenace and an assortment of other things..what does the owner do for the other 85%?????...didly squat.

One company in Samui charges 40%...

Sent from my iPhone using ThaiVisa app

Costs are always higher being on an island

[BlackPuddingBertha]

...what does the owner do for the other 85%?????...didly squat.

Duh. It's his money that's invested in the place.

Agents would have trouble understanding this as many of them don't have enough to invest in a moped let alone buy property.

Edited January 19, 2013 by BlackPuddingBertha

[Sydneycraig]

40% seems excessive even if that includes all the staff and villas day to day management. also, as fixed costs this should not be determined as a %age of rental fees but as a fixed price either alongside any rental agreement or as a separate arrangement altogether?