Top Airbnb Management Companies in Oklahoma by City

With a demand for rental properties throughout the year, Oklahoma is one of the best short-term rental investment locations in the US. Its diverse attractions such as parks, lakes, museums, and cowboy culture make Oklahoma a perfect place to start an Airbnb. Many cities in Oklahoma have strict short-term rental laws and regulations that may make operating an Airbnb legally difficult. However, hiring an expert Airbnb property management company in Oklahoma can help ensure you are compliant with all local laws. This guide can help you find the best Airbnb property management company in cities across Oklahoma to help you make your short-term rental a success!

Top Oklahoma  Airbnb Management Companies

The best Airbnb management companies in Oklahoma  include:

• Awning: Best Overall Airbnb Manager
• RedAwning: Best Half-Service Airbnb Management Solution
• Avantstay: Best Luxury Short-term Rental Management Company
• Blue Beaver Luxury Cabins: Best for Cabin Properties

Top Oklahoma  Airbnb Management Companies by City

Using the tool below, you can find a complete list of Airbnb management companies in Oklahoma by city. We analyzed the companies in each city and ranked the best short-term rental management companies by the number of listings in each city in Oklahoma, the type of property management services they offer and how they price their services.

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How We Researched the Top Oklahoma  Airbnb Management Companies

Our ranking system is a product of the robust analysis we undertook to provide you with a comprehensive review of the top Airbnb management companies in Oklahoma. Here is the criteria we used to not only select but also rank the best short-term rental companies in Oklahoma:

• Services: We examined the services each company offered, how robust the offerings (partial service vs full service management company) and whether it fulfills all the needs owners expect within each category.
• Pricing: We analyzed the pricing structures of Airbnb property managers in Oklahoma and determined how clear the pricing structure is, if it covers all necessary services and if hosts incur additional fees. 
• Value for money: We weighed if the fees each short-term rental management company in Oklahoma aligns with the level services offered by each short-term rental management
• Business model: We investigated whether a company uses the latest real estate technology while retaining human touch, which is crucial in property management.
• Reviews: We took into consideration whether companies have a strong online presence and whether reviews are positive or negative.
• Number of listings: We searched for the Airbnb management companies with the most active listings in the market.

To maximize your vacation rental investments in Oklahoma , connect with an Awning property manager now.

How to Choose a Oklahoma  Airbnb Management Company

Choosing the best Airbnb management company is essential for the success of your short-term rental business, especially in Oklahoma where many cities enforce strict regulations for such rentals. Consider the following criteria when selecting a property management company:

• Services: Consider your level of involvement in the management of your property. Would you prefer a half-service option where you are more hands-on or a full-service option where you have a completely passive investment experience? Clarify what services you expect the Airbnb manager to provide and what tasks you would like to handle yourself. Also, assess if your property is ready to welcome guests or if you need help with preparation.
• Pricing: Determine how much you are willing to pay for a fully passive investment or extra help with managing your rental.
• Value for money: Compare the services offered by different property management companies and the fees they charge, including the monthly fee and any additional charges.
• Business model: Decide whether you prefer working with a nationwide or local property manager, and if you want national accountability or a more personal, local touch. Consider if the company seems honest and transparent.
• Reviews: Read online reviews from both property owners and guests, and if possible, talk to local investors who have worked with each company you are considering.
• Number of listings in Oklahoma: Choose a company that has a strong presence in the Oklahoma market but is not overworked or understaffed. Look for a professional with enough local capacity and experience.

When interviewing top choices for an Oklahoma short-term rental property management company, ask the following questions:

• Are you a local or nationwide company?
• How many years of experience do you have managing short-term rentals?
• How many properties are you currently managing?
• What is the size of your local team?
• Do you have an in-house team or do you work with outside vendors?
• What is your success rate in increasing revenue in the local market?
• Do you offer property preparation services such as interior design, furnishing, obtaining licenses and permits, and handling taxes?
• Who collects payments from guests and remits to owners? Do booking fees go directly to the property owner?
• Do you provide cleaning, laundry, and restocking services?
• Do you handle property inspections and maintenance work?
• Do you manage swimming pools and hot tubs?
• What is your property management fee and what does it cover? Are there any additional fees or costs?
• Can I review a copy of the property management agreement?
• What is the process for canceling your services?
• Will I retain my property reviews if I cancel your services?

By asking these questions, you can choose the best Airbnb property management company in Oklahoma that meets your specific needs.

How Airbnb Management Works

There are two broad types of Airbnb property management companies: full-service and half-service.

Full-service property managers are those that take care of all the aspects of owning and running a short-term rental business.

The best full-service Airbnb management companies help investors achieve passive income while boosting performance.

Half-service Airbnb property managers usually focus on listings, marketing, revenue management, guest communication and support, and taxes. Some of them offer to connect property owners with vetted local vendors for the services they do not cover.

Vacation rental property management companies can be national (covering most US markets) or local (focusing on a specific city). Both come with their own advantages and disadvantages.

Property management fees range widely in the US market: between 10% and 50% of revenue, with 20-25% of revenue being the average for full-service providers. Some companies charge different rates for different markets and different property types. Property managers frequently charge extra for services outside the core package, like interior design, furnishing, insurance, linen, etc.

The top vacation rental management companies have flexible terms and do not require long-term commitment on behalf of property owners. However, some expect quarterly or annual commitments.

Some Airbnb property managers focus on specific property types, like luxury rentals, group travel rentals, apartments, etc., while others work with most residential properties. Different companies have different eligibility requirements; for example, half-service property managers work with furnished short term rentals, while some full-service companies prefer to be directly involved in design and furnishing.

One thing property owners should keep in mind is that most Airbnb management companies list rentals under their brand name, so hosts lose the reviews and rankings once they leave. A noticeable exception is Awning, which allows properties to keep reviews.

How to Start an Airbnb in Oklahoma 

Starting an Airbnb business in Oklahoma requires the following steps:

1. Identify a suitable location for your investment property, where short-term rentals are legal and promise high ROI.
2. Search for a high-potential property that fits your investment goals.
3. Ensure that the property is located in a zoning district that permits short-term rentals.
4. Hire a real estate agent to assist with purchasing the property.
5. Make any necessary renovations to the property.
6. Furnish the rental property to meet Airbnb standards.
7. Choose a business structure that works best for your Airbnb business.
8. File the necessary tax and employer identification documents.
9. Obtain a vacation rental condo or dwelling license from the Oklahoma Department of Labor.
10. Acquire the required local short-term rental licenses and permits from the city in which the property is located.
11. Decide if you want to manage the property yourself or hire an Airbnb management company.
12. List your property on the Airbnb platform and begin renting it out.
13. Continuously provide guests with quality services and maintain the property.

The decision to manage your Oklahoma vacation rental on your own or through a property manager will impact the amount of passive rental income you receive.

Oklahoma Airbnb Laws and Regulations

There are no statewide regulations for Airbnb hosts in Oklahoma. However, some cities and counties in Oklahoma may have their own regulations regarding short-term rentals.

For example, the city of Oklahoma City requires hosts to obtain a Short-Term Rental Permit and comply with certain safety and building regulations. The city also requires hosts to collect and remit local sales and lodging taxes on short-term rental transactions.

Additionally, some Oklahoma cities and counties may have specific requirements regarding occupancy limits, noise, and parking for short-term rental properties.

Airbnb hosts in Oklahoma are also encouraged to obtain liability insurance to protect themselves and their property in case of any accidents or damages. Hosts should also ensure that their rental property complies with all applicable building and zoning codes and safety regulations.

Takeaway

Starting an Airbnb business in Oklahoma is a great way to earn money from real estate. However, short-term rental property investors need to be aware of the regulations imposed by the state and local cities and the competition from other investors. To succeed in the rental business, it's important to optimize your property management strategy. Hiring a professional Airbnb manager is the best way to do this.