Property Management - Setup & Configuring Owners

OwnerRezMar 3, 20227m 48s2.7K viewsScore 75
Hosting Operations
intermediate
owner management
commission settings
owner statements
property management software
financial reporting
M

Summary

AI-generated

This video demonstrates how to effectively set up and configure owners within the OwnerRez property management system. Hosts will learn to add owner details, manage commission settings, assign properties, and generate owner statements for streamlined financial management.

Key insights

  • Commission settings allow hosts to define the commission percentage and determine whether the owner or the property manager (PM) remits booking taxes and pays for damage protection.

Mistakes to avoid

  • Failing to batch update bookings after changing owner settings can lead to inconsistencies in commission calculations and owner statements for past reservations.

Tools & resources

  • OwnerRezplatform

    OwnerRez is a property management system designed to help hosts calculate commissions and generate monthly statements for owners.

Frequently Asked Questions

Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial