What is Property Management Company?
A property management company in the short-term rental context is a business that operates STR listings on behalf of property owners. These companies handle everything from listing creation and pricing to guest communication, cleaning, key exchange, and maintenance.
Some property management companies operate dozens or even hundreds of units in a single city. They bring a professional, hospitality-industry approach to what was once a casual, peer-to-peer market.
Why It Matters When Choosing Where to Live
The presence of a property management company operating in your building indicates a professionalized short-term rental operation. On the positive side, professionally managed listings tend to be better maintained and more responsive to complaints. On the negative side, they also tend to be persistent, and a management company is unlikely to stop operating a profitable listing voluntarily.
When a large share of units in a building are managed by the same company, it can feel like living in a hotel operated by a business rather than a residential building with a few occasional hosts.
How BnBDetector Helps
A single management company running ten units in your building creates a very different environment than ten independent hosts. BnBDetector reveals the concentration patterns that point to professional operators, so you know what kind of STR operation you are living next to.
See how property management company affects your next address
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