Vermont is known for its breathtaking natural beauty, including mountains, forests, and lakes, as well as its vibrant culture, history, and cuisine. These qualities make it a popular destination for tourists looking to escape the hustle and bustle of city life. This guide lists every Airbnb property management company in Vermont by city.
Top Vermont Airbnb Management Companies
The best Airbnb management companies in Vermont include:
- Awning: Best Overall Airbnb Manager
- RedAwning: Best Half-Service Airbnb Management Solution
- Avantstay: Best Luxury Short-term Rental Management Company
- Killington Rental: Best For Local Presence
- Stowe Mountain Rentals: Best for Mountain Properties
Top Vermont Airbnb Management Companies by City
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How We Researched the Top Vermont Airbnb Management Companies
The criteria we used to select and rank the top Airbnb management companies in Vermont include:
- Services: We looked at whether a company is a half-service or full-service provider and whether it covers all expected services within each category.
- Pricing: We considered whether an Airbnb property manager has a clear pricing structure covering all services. We also looked at what additional fees hosts will need to pay.
- Value for money: We evaluated whether the provided services and the expected fee offer the best value for money.
- Business model: We investigated whether a company uses the latest real estate technology while retaining human touch, which is crucial in property management.
- Reviews: We took into consideration whether companies have a strong online presence and whether reviews are positive or negative.
- Number of listings: We searched for the Airbnb management companies with the most active listings in the market.
To maximize your vacation rental investments in Vermont , connect with an Awning property manager now.
How to Choose a Vermont Airbnb Management Company
Finding the right Airbnb management company is crucial to the success of your short-term rental business, especially in a state like Vermont where regulations for short-term rentals vary from city to city. Consider the following factors when choosing a property manager:
- Services: Decide if you want to manage your property yourself (with a half-service option) or if you want a completely passive investment (full-service is necessary). Evaluate what services the Airbnb manager should provide and what you want to do yourself, and consider if your property is ready to host guests or if you need help getting it ready.
- Pricing: Determine how much you're willing to pay for full-service management or additional help with your rental.
- Value for money: Compare the services offered by various property management companies and the fees they charge, including the monthly fee and any additional costs.
- Business model: Decide if you prefer to work with a local or national property manager, and consider factors like transparency and honesty.
- Reviews: Read reviews from both property owners and guests and, if possible, speak to local investors who have worked with the management companies you're considering.
- Number of listings in Vermont: Look for a company that has a strong presence in Vermont but isn't overburdened with too many properties. You want a property manager who is experienced and has enough local capacity.
When interviewing potential Vermont Airbnb management companies, ask the following questions:
- Are you a local or national property manager?
- How many years of experience do you have managing short-term rentals?
- How many properties do you currently manage?
- What is the size of your local team?
- Do you have an in-house management team or do you work with outside vendors?
- How much have you been able to increase revenue in the Vermont market?
- Do you assist with property preparation, interior design, furnishings, licensing, permits, and taxes?
- Do you collect payment from guests and pay the property owner or do booking fees go directly to the owner?
- Do you offer cleaning, laundry, and restocking services?
- Do you handle property inspections and maintenance work?
- Do you manage swimming pools and hot tubs?
- What is your monthly management fee, and what does it include? Are there any additional fees or costs? What about an onboarding or early termination fee?
- May I see a copy of the property management agreement?
- What is the process for canceling your services?
- Will I be able to keep my property reviews if I choose to end your services?
Answering these questions can help you choose the best Vermont Airbnb management company to meet your specific needs.
How Airbnb Management Works
There are two broad types of Airbnb property management companies: full-service and half-service.
Full-service property managers are those that take care of all the aspects of owning and running a short-term rental business.
The best full-service Airbnb management companies help investors achieve passive income while boosting performance.
Half-service Airbnb property managers usually focus on listings, marketing, revenue management, guest communication and support, and taxes. Some of them offer to connect property owners with vetted local vendors for the services they do not cover.
Vacation rental property management companies can be national (covering most US markets) or local (focusing on a specific city). Both come with their own advantages and disadvantages.
Property management fees range widely in the US market: between 10% and 50% of revenue, with 20-25% of revenue being the average for full-service providers. Some companies charge different rates for different markets and different property types. Property managers frequently charge extra for services outside the core package, like interior design, furnishing, insurance, linen, etc.
The top vacation rental management companies have flexible terms and do not require long-term commitment on behalf of property owners. However, some expect quarterly or annual commitments.
Some Airbnb property managers focus on specific property types, like luxury rentals, group travel rentals, apartments, etc., while others work with most residential properties. Different companies have different eligibility requirements; for example, half-service property managers work with furnished short term rentals, while some full-service companies prefer to be directly involved in design and furnishing.
One thing property owners should keep in mind is that most Airbnb management companies list rentals under their brand name, so hosts lose the reviews and rankings once they leave. A noticeable exception is Awning, which allows properties to keep reviews.
How to Start an Airbnb in Vermont
Starting an Airbnb business in Vermont requires the following steps:
- Choose the best Vermont investment property location (where Airbnb is legal, and ROI is high)
- Find a high-potential property
- Make sure the zoning district allows short term rentals
- Hire an agent to help them purchase the property
- Renovate the property (if needed)
- Furnish the rental
- Select a business structure
- File tax and employer identification documents
- Apply for a vacation rental permit or license from the local authorities
- Get local short-term rental licenses and permits if required
- Decide if you want to hire an Airbnb management company or manage your property on your own
- List your property and start renting out
- Provide ongoing services to guests and property maintenance and upkeep
Vermont Short Term Rental Laws
Vermont has statewide regulations for short-term rentals that apply to Airbnb hosts. Here are some key requirements:
- Registration: Airbnb hosts in Vermont must register with the state and obtain a permit to operate a short-term rental. Hosts must also provide certain information, such as their name and contact information, and proof of insurance.
- Taxes: Airbnb hosts in Vermont are required to collect and remit state and local occupancy taxes on any short-term rental transactions. Hosts can register with the Vermont Department of Taxes to obtain a Sales Tax Account and file monthly or quarterly tax returns.
- Safety regulations: Airbnb hosts in Vermont must comply with all applicable safety regulations, including fire safety, building codes, and health regulations.
- Zoning and occupancy limits: Vermont has set certain zoning and occupancy limits for short-term rentals. Hosts should check with their local government to see if there are any specific requirements or regulations in their area.
- Notification requirements: Airbnb hosts in Vermont must notify their neighbors that they are operating a short-term rental, and provide a local contact person for any issues that may arise during the rental period.
Takeaway
Starting an Airbnb business in Vermont can provide a lucrative income stream from real estate investments. However, regulations imposed by the state and local cities, as well as competition from other investors, require a well-optimized property management strategy. Hiring a professional Airbnb manager can help ensure success in the vacation rental market.