Providing a fully managed experience
For many people considering a vacation home purchase, one of the biggest downsides is the burden of owning another property. If you only expect to use your vacation home a few weeks or months a year, you may decide to rent it out — and deal with the headaches of vacation rental management — or struggle to find reliable local vendors to help with maintenance issues, especially if problems arise while you’re away from the property. Fractional VRBO® relieves you of these worries and hassles by managing all aspects of homeownership. We charge a program management fee of $99 per share, per month, which covers a range of services, including:
Aggregating and managing the monthly owner expenses and taxes
Maintaining the LLC and resolving any disputes between owners or the government
Working with fractional owner to schedule their stay and/or short term rent their portion out as requested. Note: if you short term rent out your portion, Fractional VRBO® does take an additional 15% commission for the marketing and management of the vacation rental guests and their stay..
Providing dedicated owner support
The monthly program management fee is fixed and will not increase annually. Fractional VRBO® is dedicated to transparency in pricing, and we believe our co-ownership model offers an equitable and cost-efficient way for more people to experience the joy of owning a vacation home. Once all of the fractions of the vacation home are sold, the HOA can hold a meeting and discuss / vote of changing or keeping Fractional VRBO® as the management company. We want to continue to earn your business, year after year. That is our quality guarantee.