Management Agreement Terms and Cancellation
Our management agreement runs one year, and either side can cancel it with 30 days’ notice. This page sets out the terms owners ask about before they sign.
How Long Does the Agreement Run?
The management agreement with Ideal Property Management runs one year.
We publish the length so an owner can compare it with any other manager before a call. Ask every company you consider for its term in writing.
How Do I Cancel?
Either side can end the agreement with 30 days’ notice. An owner who wants to leave gives 30 days’ notice, and we give the same notice if we ever end it.
Danielle Temos, Marty Nicoll and Isaac Laine founded Ideal in January 2022. Questions about ending an agreement go to the business line at (570) 213-9022, which is answered from 8 a.m. to 8 p.m. Eastern, seven days a week.
What Does the Management Fee Cover?
The fee covers the management work: the booking portals, pricing, guest communication, scheduling cleaning, arranging lawn and snow removal and repairs, and ordering and stocking the owner’s closet.
Owners pay property maintenance at actual cost. That means repairs, lawn cutting, snow removal and the real cost of restocking the supply closet. Nothing is marked up, and Ideal makes no money on third-party costs.
What Is the Fee Charged On?
The fee is charged on net rent, which is the rent left after the platform fee and the cleaning fee come out. It is not charged on the platform fee or the cleaning fee.
When a home’s rent passes $5,000 in a month, the money above that gets a discount for that month, and the discount does not carry over to the next year. The fee basis page shows the arithmetic with worked examples.
Can I Use My Own Home?
Yes. The home is yours, and you can stay in it at any time at no cost. Tell us the dates and we block them on the calendar.
A cleaning charge applies after an owner stay to cover the sheets, towels and turnover.
Who Decides About Pets?
The owner decides whether pets are allowed. Allowing them tends to raise occupancy and rental income. The pet fee is additional to the rental cost and the renter pays it.
How Do Owners Stay Informed?
Owners get a statement every month, plus reporting that rolls up quarterly and annually. Each property also has a yearly plan that we review with the owner, with check-ins through the year.
Cabin owners can read how these terms apply on the cabin management page. To see what the numbers could look like for your own home, request a free revenue estimate. It comes back within two business days.
Frequently Asked Questions
How long is the Ideal Property Management agreement?
The agreement runs one year. Either side can end it with 30 days’ notice. The fee is charged on net rent, after the platform fee and the cleaning fee. Ask for any manager’s agreement in writing and compare the term, the notice and what sits outside the fee.
Can I cancel my Poconos short-term rental management agreement?
With Ideal Property Management, yes. Either side can cancel with 30 days’ notice during the one-year term. When you compare managers, ask who can cancel, how much notice is required and whether anything is owed on the way out, then get each answer in writing so the terms sit side by side.
What costs are outside the management fee?
Property maintenance is billed at actual cost: repairs, lawn cutting, snow removal and restocking the supply closet. Ideal Property Management adds no markup and makes no money on third-party costs. The management fee itself covers the portals, pricing, guest communication, cleaning scheduling and ordering for the owner’s closet. Owners can use their own home for free, with a cleaning charge after each stay.
