141. Are you charging the correct cleaning fee?

Short Term Rental Riches

We are currently doing hundreds of reservations a month, and something just dawned on me after looking at our cleaning fee and realizing it was likely too low...We may be losing thousands of dollars! And not just in lost potential revenue but because our cleaning expense is actually higher than our fee. So that brings up a good question, how much should you charge your guests? How do you calculate the right cleaning fee for your property? Should you look at the cleaning fee as a way to earn additional revenue, or should you charge just enough to cover your costs? What happens if your cleaning fee is too low or too high? There are a lot of things to consider when you set your cleaning fee for your listing, so this week, we’ll uncover a few of them, including:

• Finding the average
• Lower fees vs. higher fees
• Housekeeping perceptions
• Is it fair?
• How often do we need to adjust our prices

Are you enjoying the podcast? Please subscribe, leave a rating and a review, and share it! This helps us reach others that may find the info helpful as well.

Get a copy of my 12 proven house rules to protect your property from almost every negative situation (highly recommended)

You can find all of our links here including our website, recommended resources, upcoming live event, short-term rental playbook, Instagram, and more!

P.s. did you know that we just launched a mastermind group where we can talk directly? Find out more info here