Best Airbnb Property Management Companies in Memphis, Tennessee

Memphis's short-term rental market has grown significantly, creating opportunities for property owners to maximize their Airbnb investments. Here are the top 10 local property management companies that have proven their excellence in the Memphis market.

Top 10 Airbnb Property Management Companies in Memphis

1. Home Team Vacation Rentals

This Memphis-based company stands out for its comprehensive approach to luxury vacation rental management. They excel in dynamic pricing strategies and maintain high occupancy rates through sophisticated marketing techniques. Their meticulous guest screening process and 24/7 support have earned them a stellar reputation among property owners.

Home Team Vacation Rentals Features and Services

• Dynamic Pricing Strategy: Advanced algorithms continuously adjust rates based on market demand, seasonality, and local events to maximize revenue. The system analyzes multiple data points to ensure optimal pricing that keeps properties competitive while maximizing profits.
• Multi-Platform Marketing: Properties are listed across major booking platforms including Airbnb, VRBO, Booking.com, and Expedia. Professional photography and optimized listings ensure maximum visibility and booking potential.
• Guest Screening Process: Comprehensive verification system that includes identity checks, platform history reviews, and responsible renting criteria. This process helps maintain property quality while ensuring guest satisfaction.
• 24/7 Guest Support: Round-the-clock customer service team handles all guest communications and emergency situations. The support system ensures immediate response to guest needs and property issues.

Why We Like Home Team Vacation Rentals

Their luxury-focused approach includes property optimization and design services, helping transform properties into high-end vacation rentals that command premium rates.

Home Team Vacation Rentals Pricing and Fees

Home Team Vacation Rentals charges a commission-based fee structure for their Memphis property management services. Their first month's commission is waived for new property owners who sign up with their services. The company operates on a performance-based model, focusing on maximizing rental income through dynamic pricing strategies and multi-platform marketing. While they don't publicly disclose their exact commission percentage, they emphasize their direct booking platform can save owners up to 15% compared to traditional OTA fees.

Home Team Vacation Rentals Pros and Cons

Recent reviews and customer feedback reveal mixed experiences with Home Team Vacation Rentals in Memphis. While they offer comprehensive services, their performance has shown both strengths and limitations.

Pros:

• First month's commission waived for new property owners, providing immediate cost savings
• Multi-platform marketing across 50+ travel websites, maximizing exposure
• Advanced dynamic pricing algorithms that adjust rates based on market conditions
• Professional photography and listing optimization services included

Cons:

• Recent negative reviews regarding customer service responsiveness
• Issues with property maintenance and cleanliness standards reported by guests
• Inconsistent communication after initial onboarding
• Limited transparency in pricing structure beyond initial waived commission

Who We Think Home Team Vacation Rentals is Best Suitable For

Property owners seeking wide marketing exposure who don't mind a more corporate management approach, as their strength lies in multi-platform listing optimization rather than personalized service.

2. Host Memphis

This mother-daughter team brings a personal touch to vacation rental management. Their hands-on, locally-focused approach ensures properties receive individual attention. They're known for their exceptional guest services and customized property care, making them particularly popular among owners who value personalized management.

Host Memphis Features and Services

Booking Management: Complete handling of reservation processes and guest communications. The service manages all aspects of the booking cycle from inquiry to check-out.

Property Maintenance: Coordination of all property upkeep and repair needs. The service ensures properties remain in excellent condition for guests.

Housekeeping Services: Professional cleaning services between guest stays. The service maintains high cleanliness standards for all properties.

Guest Communication: Management of all guest interactions throughout their stay. The service handles inquiries, requests, and any issues that arise.

Why We Like Host Memphis

Their mother-daughter team approach provides a personal touch to property management, ensuring individualized attention to each property and guest experience.

Host Memphis Pricing and Fees

Host Memphis does not publicly disclose their fee structure or pricing information. As a boutique property management company focused on personalized service, they prefer to provide customized quotes based on individual property needs, location, and service requirements. Property owners interested in their services should contact them directly for a detailed pricing consultation and service package options. This approach allows them to tailor their management solutions to each property owner's specific circumstances and goals in the Memphis short-term rental market.

Host Memphis Pros and Cons

As a mother-daughter team, Host Memphis offers a distinctly personal approach to property management in the local market.

Pros:

• Personalized attention from owners directly involved in management
• Strong local market knowledge and connections
• Flexible service packages tailored to individual needs
• Direct communication with property owners

Cons:

• Limited capacity due to boutique operation size
• May not have extensive technology infrastructure
• Pricing structure not publicly available
• Fewer marketing platform integrations compared to larger companies

Who We Think Host Memphis is Best Suitable For

Property owners who value personal relationships and direct communication with their management team, particularly those with unique or high-end properties requiring individualized attention.

3. One Fine BnB

Specializing in high-end vacation rentals, One Fine BnB has made a name for itself through its innovative pricing strategies and extensive marketing reach. Their round-the-clock customer service and comprehensive property care have earned them praise from both guests and property owners.

One Fine BnB Features and Services

1. Multi-Channel Distribution: Properties are marketed across more than 50 travel websites with customized listings for each platform. Each listing is optimized specifically for the platform it appears on, maximizing visibility and booking potential.
2. Automated Price Optimization: Proprietary pricing technology adjusts rates daily to prevent revenue loss and maximize occupancy. The system considers market conditions, events, and competitor pricing to ensure optimal rates.
3. Full-Service Management: Comprehensive property care including check-in/out management, cleaning services, maintenance coordination, and vendor management. The service includes regular property inspections and quality checks.
4. 24/7 Customer Support: Dedicated team available around the clock to handle guest inquiries and emergency situations. Response times are guaranteed within minutes, not hours.

Why We Like One Fine BnB

Their exclusive technology stack includes proprietary tools for pricing and marketing that aren't available to other property management companies, giving their properties a competitive edge.

One Fine BnB Pricing and Fees

One Fine BnB offers property management services in Memphis at competitive rates, focusing on maximizing rental income through their exclusive technologies and insights. They list properties across more than 50 travel websites and utilize daily price optimization tools. While they don't publicly disclose their exact commission structure, they emphasize providing maximum rental income at a fraction of competing management companies' prices.

One Fine BNB Pros and Cons

One Fine BNB has established itself in the Memphis market with a technology-driven approach to property management, though customer experiences vary.

Pros:

• Proprietary pricing technology for daily rate optimization
• Marketing across 25+ major booking platforms
• Dedicated customer support team for after-hours emergencies
• Regular performance reporting and analytics

Cons:

• Higher management fees compared to some local competitors
• Less personalized attention due to volume of properties managed
• Limited local vendor relationships in Memphis
• Standardized approach may not suit unique properties

Who We Think One Fine BNB is Best Suitable For

Tech-savvy property owners who prioritize data-driven management and are willing to pay premium rates for extensive platform integration and automated systems.

4. PropertyPeak Hosting

As Memphis hospitality experts, they've built a strong reputation for understanding the local market dynamics. Their full-service management approach includes detailed property optimization and guest experience enhancement strategies.

PropertyPeak Hosting Features and Services

1. In-House Cleaning Services: Direct management of cleaning staff without outsourcing, ensuring consistent quality and reliability. The team performs detailed quality checks after each cleaning.
2. Guest Experience Enhancement: Comprehensive guest guidebook, keyless entry system, and thoughtful amenities provided for every property. These touches are designed to earn Superhost status and five-star reviews.
3. Performance Reporting: Monthly comprehensive reports detailing property performance and ROI metrics. The reports provide full insight into property health and financial performance.
4. Professional Photography: High-quality property photos and listing optimization services to maximize booking potential. The service includes regular updates to keep listings fresh and competitive.

Why We Like PropertyPeak Hosting

Their seamless onboarding process gets properties ready for five-star bookings within a month or less, including signature touches like keyless entry and strategic amenity placement.

PropertyPeak Hosting Pricing and Fees

PropertyPeak Hosting maintains a straightforward pricing structure with an 18-20% management fee based on rental income. They also charge a flexible one-time startup fee that covers initial property setup and guest-readiness preparations. Their pricing includes comprehensive services such as 24/7 guest support, cleaning services, and quality checks, making it a transparent option for Memphis property owners.

PropertyPeak Hosting Pros and Cons

PropertyPeak Hosting has established itself as a tech-forward property management company in Memphis with mixed feedback from clients.

Pros:

• Fast onboarding process getting properties ready within a month
• In-house cleaning staff with detailed quality checks after each cleaning
• Comprehensive guest experience features including keyless entry and custom guidebooks
• Transparent pricing structure with 18-20% management fee

Cons:

• Limited track record compared to other established companies
• Higher management fees than some competitors
• Property setup costs can be significant
• Less flexible service packages

Who We Think PropertyPeak Hosting is Best Suitable For

Tech-savvy property owners who prioritize guest experience and are willing to pay premium rates for comprehensive management services, particularly those with higher-end properties in prime Memphis locations.

5. CrestCore Realty

With deep roots in Memphis, CrestCore has successfully adapted their traditional property management expertise to the short-term rental market. Their systematic approach to property management and strong maintenance network make them a reliable choice.

CrestCore Realty Features and Services

1. Preventative Maintenance: Regular property inspections and maintenance checks to prevent major issues. The service includes coordination with trusted local contractors for prompt repairs.
2. Financial Management: Detailed monthly owner statements and comprehensive accounting services. The system provides transparent financial reporting and prompt payment processing.
3. Marketing Optimization: Professional property listings with strategic pricing and market analysis. The service includes regular market assessments to maintain competitive positioning.
4. Property Evaluations: Regular property assessments to identify improvement opportunities and maintain high standards. These evaluations help preserve property value and guest satisfaction.

Why We Like CrestCore Realty

Their established network of over 40 maintenance employees allows for quick response times and reliable property care, ensuring guest satisfaction and property preservation.

CrestCore Realty Pricing and Fees

CrestCore Realty's fee structure includes a 10% monthly management fee of the rental income. They also charge 75% of one month's rent as a tenant placement fee. Their pricing includes essential services such as marketing, tenant screening, maintenance coordination, and accounting services. Additional services like bi-annual HVAC maintenance and capital improvement evaluations are available upon request.

CrestCore Realty Pros and Cons

CrestCore Realty shows a mixed reputation in the Memphis market based on extensive client feedback.

Pros:

• Licensed in Tennessee, Mississippi, and Arkansas for regional coverage
• Established vendor networks for maintenance
• Comprehensive property evaluations and market analysis
• Lower management fees at 10% of rental income

Cons:

1. Numerous complaints about maintenance response times
2. Issues with property condition documentation
3. Communication problems reported by multiple clients
4. Hidden fees and unexpected charges mentioned in reviews

Who We Think CrestCore Realty is Best Suitable For

Budget-conscious property owners who need basic management services and have properties in multiple states, though they should be prepared to actively monitor their property's management.

6. Reed & Associates

While primarily known for traditional property management, their venture into the short-term rental space has been impressive. Their decades of local real estate experience and established vendor relationships provide a solid foundation for Airbnb management.

Reed & Associates Features and Services

1. Property Evaluation Services: Comprehensive market analysis and property assessment for optimal rental pricing. The service includes detailed property condition reports and market comparisons.
2. 24/7 Leasing Hotline: Dedicated phone line for prospective tenant inquiries and showing coordination. The system ensures no rental inquiry goes unanswered.
3. Tenant Screening: Multi-point verification system including credit, eviction history, criminal background, and debt checks. The screening process helps secure reliable, long-term tenants.

Why We Like Reed & Associates

Their expertise across three states (Tennessee, Mississippi, and Arkansas) combined with their self-showing lockbox system makes property showings efficient and convenient for out-of-state owners.

Reed & Associates Pricing and Fees

Reed & Associates maintains a straightforward fee structure with zero sign-up fees. Their monthly management fee is set at 10% of the monthly rent. They charge a leasing fee of 50% of one month's rent for new tenant placement. Their pricing model aligns management interests with property owners, ensuring they make money when owners make money.

Reed & Associates Pros and Cons

Reed & Associates demonstrates a long history in Memphis property management with varying client experiences.

Pros:

1. Strong tenant screening process with comprehensive background checks
2. Multiple service guarantees including happiness and leasing guarantees
3. No penalty fees for contract cancellation
4. Efficient maintenance request handling system

Cons:

1. Self-showing system may lead to oversight of property issues
2. Slow response times for property marketing reported
3. High markup fees on maintenance services
4. Inconsistent communication with property owners

Who We Think Reed & Associates is Best Suitable For

Property owners seeking an established management company with strong tenant screening processes and service guarantees, particularly those who value the flexibility to change management companies without penalties.

7. RiverTown Realty

Their property management expertise spans both Memphis and Northern Mississippi. Their comprehensive management approach includes sophisticated marketing strategies and a robust maintenance system. Their various guarantees provide peace of mind to property owners.

RiverTown Realty Features and Services

1. Multi-Guarantee System: Comprehensive guarantees covering eviction, pet damage, tenant damage, leasing, and satisfaction. These guarantees provide peace of mind to property owners.
2. Tenant Maintenance Portal: Digital platform where tenants can place requests, schedule appointments, and communicate with vendors. The system streamlines maintenance management.
3. Property Evaluation and Rent Assessment: Expert evaluation of property market value and optimal rental pricing based on local market conditions. The service includes detailed property analysis and competitive market research.

Why We Like RiverTown Realty

Their innovative tenant maintenance system allows direct communication between tenants and vendors, reducing management overhead and speeding up maintenance resolution.

RiverTown Realty Pricing and Fees

RiverTown Realty offers transparent pricing with a 9.9% monthly management fee of collected rent. Their leasing fee is set at the full first month's rent with a minimum of $850. They offer volume pricing discounts for multiple properties, making them particularly attractive for portfolio owners. Their pricing includes all standard management services with no hidden fees, and they back their services with satisfaction guarantees that allow cancellation without penalties.

8. Reedy & Company

With over 40 years of experience in Memphis property management, they've successfully expanded into the short-term rental market. Their large team and extensive local knowledge provide a significant advantage in property optimization and guest satisfaction.

Reedy & Company Features and Services

1. In-House Maintenance Team: Staff of 25+ licensed and insured maintenance workers for quick response times. The team handles all property maintenance needs efficiently.
2. Comprehensive Staffing: Full-time leasing consultants, accounting department, and collections department with a 97% average collection rate. The structure ensures professional handling of all aspects of property management.

Why We Like Reedy & Company

Their extensive in-house team of 100+ staff members managing over 3,500 properties demonstrates their capacity to handle properties at scale while maintaining quality service.

Reedy & Company Pricing and Fees

Reedy & Company’s fee structure includes:

• Monthly management fee: 8-12% of collected rent
• Setup fees: $250-500 for initial account setup
• Maintenance markup: 10-15% on repair costs
• Tenant placement fee: 50-100% of one month's rent

They manage over 3,500 properties and offer volume discounts for larger portfolios. Their standard management fee for real estate investors is typically 10%.

Reedy & Company Pros and Cons

Pros:

1. Large in-house maintenance team of 25+ licensed workers
2. Extensive portfolio managing over 3,500 properties
3. Full-time dedicated departments for leasing, accounting, and collections

Cons:

1. Multiple complaints about maintenance fee transparency
2. Issues with communication after property sales
3. Numerous complaints about unexpected charges and fees

Who We Think Reedy & Company is Best Suitable For

Large portfolio investors who need a company with extensive infrastructure and in-house maintenance capabilities, though they should be prepared for active oversight of their account.

9. Enterprise Property Management

They've carved out a niche in managing properties for out-of-state and international owners. Their quarterly inspection protocols and extensive online marketing strategies have made them particularly attractive to remote investors.

Enterprise Property Management Features and Services

1. International Owner Services: Specialized management services for out-of-state and international property owners. The service includes comprehensive property oversight.
2. Quarterly Inspections: Regular property evaluations to maintain quality and identify potential issues. The inspections help preserve property value and prevent major problems.

Why We Like Enterprise Property Management

Their focus on serving international and out-of-state owners with quarterly inspections and extensive online marketing makes them ideal for remote investors.

Enterprise Property Management Pricing and Fees

Enterprise Property Management implements a fee structure that includes a 20% markup on repair costs as part of their management services. They focus on providing comprehensive property management services for out-of-state and international property owners, with regular quarterly inspections included in their management package.

Enterprise Property Management Pros and Cons

Pros:

1. Strong tenant screening process
2. Quick response to maintenance requests
3. Clear communication about property status
4. Efficient rent collection system

Cons:

1. 20% markup on all repair costs
2. Tendency to repaint properties between tenants, increasing costs
3. Longer vacancy periods reported
4. Mixed reviews about customer service quality

Who We Think Enterprise Property Management is Best Suitable For

Out-of-state investors who prioritize reliable tenant screening and maintenance response times over cost savings.

10. Crye-Leike Property Management

As one of Memphis's oldest real estate companies, they bring decades of local market knowledge to short-term rental management. Their established presence and comprehensive service approach have earned them consistent positive feedback from property owners.

Crye-Leike Property Management Features and Services

1. Multi-Service Platform: Comprehensive management services covering residential, commercial, and homeowner's association properties. The service provides flexibility for different property types.
2. Regional Coverage: Management services available throughout West Tennessee and North Mississippi. The coverage includes multiple cities and suburban areas.
3. Property Evaluation Process: Step-by-step evaluation system to assess property potential and determine optimal management strategies. The process helps owners understand service costs and expectations.

Why We Like Crye-Leike

Their extensive regional network as part of one of the largest real estate companies in the Southeast provides unique market insights and resources for property owners.

Crye-Leike Property Management Pricing and Fees

Crye-Leike Property Management operates with a service fee structure that includes a $90 basic service charge. They offer comprehensive property management services across the Memphis region, though their complete fee structure isn't publicly disclosed. Their services span multiple property types and include extensive regional coverage throughout West Tennessee.

Crye-Leike Property Management Pros and Cons

Pros:

1. Extensive regional network and resources
2. Strong presence across multiple markets
3. Professional property evaluation process

Cons:

1. Numerous complaints about move-out charges
2. Issues with maintenance response times
3. Poor reviews regarding customer service
4. Complaints about inflated repair costs

Who We Think Crye-Leike Property Management is Best Suitable For

Property owners who need a management company with extensive regional coverage and don't mind a more corporate approach to property management.

Wrapping Things Up

The Memphis short-term rental market offers diverse property management options for Airbnb hosts and vacation rental owners. When selecting a property manager, consider your specific needs: high-touch personal service versus automated systems, cost versus comprehensive coverage, and local expertise versus technological capabilities.

Remember that pricing structures vary significantly, from 8% to 20% of rental income, with additional fees for services like maintenance and property setup. The best choice ultimately depends on your property's location, your involvement level preference, and your revenue goals. Take time to thoroughly evaluate each company's offerings, speak with current clients if possible, and request detailed quotes before making your decision.