The management fees for each company are as follows:

• Vacasa Management Fee: Starting at 18%
• TurnKey Management Fee: 18%
• Evolve Property Management Fee: 10%

At first glance, these low commission rates are extremely compelling, but they may come with additional ancillary fees to support operations.

If you've read any of Vacasa's property management reviews, you've seen the company allegedly keeps the revenue from its additional guest fees - including the pet fees, hot tub fees, early check-in and late check-out fees, and the booking fee - rather than remitting these fees to the property owners, according to one recent lawsuit against the company. With more than 8,000 Vacasa vacation rentals around the world, it’s also one of the largest, and can drive revenue through volume.

TurnKey has recently received tens of millions of dollars in funding, which has helped the company expand its portfolio to approximately 3,500 homes as of March 2018. The sheer volume of homes and TurnKey’s innovative technology - like its digital locks system - help generate revenue while keeping costs down, thus the lower rate. 

TurnKey has relatively fewer add-on costs and fees compared with Vacasa, however its employee-to-home ratio stood at about 1:7 at the end of 2017, compared with Vacasa’s 1:4. This tends to be the case for large national companies, which charge a lower commission but bring on huge numbers of homes to make up for it. For context, InvitedHome’s employee-to-home ratio currently stands at about 1:3, which allows us to provide the high-touch care our luxury homeowners have come to expect.

Evolve has more homes in its vacation rental network than TurnKey and possibly even Vacasa. As of 2019, it was reported the company was managing as many as 10,000 homes. With such a high volume and limited offerings, it’s able to charge its flat 10% commission. Evolve property management reviews suggest it's a great option for those who want to continue using and paying for their own maintenance, cleaning, and inspection crews, and only need marketing services for their vacation rental. Evolve rental reviews also show that the a la carte model is a unique offering in this space.

InvitedHome operates differently. We offer products and services that are completely unique within the industry and created specifically for the luxury market. We've developed a single inclusive fee structure that allows us to provide unparalleled care for not only our homes, but also our homeowners. And with only a 5% booking fee, we've created a guest experience that's truly one of a kind, and has led to our industry-leading NPS scores quarter after quarter. Here's how we do it.