Comparison: Vacation Rental Management Companies In Summit County

  SCMR KRPM Summit
Cove		 Sky Run Vacasa Book by Owner Evolve
Owner Experience              
No-Hassle Management Agreement
Yes
No
No
No
Yes
?
 Yes
Easy Access to Management
Yes
No
Yes
 No
No
 No No
Transparent Fee Structure
Yes
No
No
No
Yes
 No No
Same Day Turnover of Property to Maximize Revenue Yes No Yes Yes No No No
Efficient Monthly Direct Deposits
Yes
Yes
Yes
?
?
 No ?
Easy-To-Read Monthly Owners’ Statements
Yes
No
?
?
?
?
 ?
Real-Time Reservation Information
Yes
No
?
?
?
No
 Yes
Online Owners’ Reservations
Yes
No
Yes
Yes
?
 Yes ?
Guest Experience              
24/7 No-Hassle Check-in/Check-out
Yes
No
No
No
No
No
 ?
Local Staff Available 7 Days Per Week Yes Yes Yes Yes No No No
Amazing Guest Mobile App
Yes
No
No
Yes
?
?
 ?
Select Properties Feature Ritz Carlton Quality Linens & Duvets
Yes
No
No
No
No
No
 No
Light & Breathable Microfiber Sheets
Yes
No
Yes
No
No
No
 No
33% More Towels per Bathroom
Yes
No
No
No
No
No
 No
Extra Towels Delivered at No Extra Charge
Yes
Yes
No
No
No
No
 No
Ultra High-end Toiletries
Yes
No
No
No
No
No
 No
Fans & Humidifiers in Every Property
Yes
No
?
?
?
No
 No
Check-in as Early as 10 a.m. for a Small Fee
Yes
No
No
No
Yes
No
 No
Check-out as Late as 6 p.m. for a Small Fee
Yes
No
No
No
Yes
No
 No
Access to On-staff Maintenance Services
Yes
Yes
Yes
Yes
No
No
 No
24/7 On-staff Emergency Maintenance
Yes
Yes
?
?
No
No
 No
Guests Choose Exact Property to Rent
Yes
No
Yes
Yes
Yes
Yes
 Yes
Cleaning
True Employee-based Housekeeping
Yes
No
Yes
No
No
No
 No
Quality Control Inspecting Yes Yes Yes ? No No No
No Extra Charge Minor Carpet Cleaning
Yes
No
No
No
No
No
 No
2x more often Full Carpet Cleaning than Competitors
Yes
No
No
No
No
No
 No
Owners’ Option to Self Clean
Yes
No
Yes
Yes
No
?
 No
No Extra Charge Restock Basic Kitchen Supplies
Yes
Yes
Yes
?
No
?
 No
2x more often Bedding Sanitation than Competitors
Yes
No
No
No
No
No
 No
Discounted Owner Cleanings
Yes
No
No
No
No
No
 No
Maintenance              
Low Fixed Maintenance Fee
Yes
No
No
No
No
No
 No
True Employee-based Maintenance Staff
Yes
Yes
No
Yes
No
No
 No
No Extra Charge Preventative Maintenance
Yes
No
?
?
 No
No
 No
Up to 4.5 Hours of Maintenance Labor Included Per Month
Yes
No
No
No
No
No
 No
Full Service Project Management
Yes
No
Yes
No
No
No
 No
In-House 24/7 Emergency Maintenance
Yes
Yes
No
?
 No No No
No Extra Charge Concierge Receiving/Delivery
Yes
No
Yes
?
No
No
 No
No Extra Charge Door Lock & Repair
Yes
No
No
No
No
No
 No
Lowest In-house Labor Rates in County
Yes
No
No
No
No
No
 None
In-house Labor Rates $50-$75/hour
No
Yes
Yes
?
 No
No
 None
Marketing
Defined Fee-based Marketing Services
Yes
No
No
No
No
No
 No
Owner Required to Give Multiple “free nights” for Management Use
No
Yes
Yes
?
?
?
 No
Option to Self-Manage Marketing
Yes
No
No
No
No
Yes
 No
Rental Rates Determined by Market Conditions & Adjusted Weekly
Yes
No
 ?
No
Yes
No
 Yes
Computer Algorithms Determine Rental Rates
No
 Yes
?
?
Yes
n/a
 Yes
8% Fee for Owner Referred Reservations
Yes
35%
25%
No
No
n/a
 No
Customized Marketing Package Options Yes No No No No No No
Individualized Marketing on VRBO
Yes
No
No
No
?
n/a
 ?
Individualized Marketing on Airbnb
Yes
No
 No
?
?
n/a
 ?
Access to the Expedia Partner Network with Advertising on dozens of feeder sites
Yes
No
No
No
No
n/a
 No
Regularly Updated Photos & Descriptions of Properties
Yes
No
No
No
No
n/a
 No
Optional Professional Photos
Yes
No
 ?
No
Yes
n/a
 Yes
Standard Level Photos Included with Standard Management Yes No No ? ? ? ?
Reservations
Instant Online Reservations
Yes
Yes
Yes
Yes
Yes
n/a
 Yes
7 Days per Week live Reservations
Yes
No
Yes
Yes
?
No
 No
Reservation Call Center & Staff in Keystone
Yes
No
Yes
Yes
No
No
 No
Minimum Rental Age: 24 to 30 years
Yes
No-18
Yes
Yes
No-21
n/a
 No
Targeted Advertising for Repeat Guests
Yes
?
Yes
?
?
n/a
 ?
Business Model
Average Total Cost of All Services: less than 25% of All Revenue
Yes
No
No
No
No
No
 ?
Average Total Cost of All Services: 35-40% of All Revenue
No
No
Yes
Yes
Yes
No
 ?
Management Partnership Rooted in Personal Relationships
Yes
No
?
?
No
No
 No
Strategic Partner Discount Program
Yes
Yes
Yes
Yes
No
No
 ?
Transparent Business Operations
Yes
No
No
?
No
?
 No
Direct Access to Company Ownership
Yes
No
?
Yes
No
No
 No
Senior Manager on Duty 7 Days per Week
Yes
No
Yes
?
No
No
 No
Cross-Trained Managers
Yes
No
Yes
Yes
No
?
 No
Renters Contractually Held Accountable for Damage
Yes
No
Yes
Yes
No
No
 Yes
Optional Damage Protection Program
Yes
No
No
No
No
 No No
Optional Owner Guided Rental Rates Program Yes No No No No No No
Mandatory Annual Comped Nights No Yes Yes ? ? ? ?
5% Increase in Management Fees if No Comp Nights No ? Yes ? ? ? ?