The trade-off in one line
A rolling agreement gives you more flexibility; a longer fixed term gives you a lower rate. The management service does not change between them.
Hostahome's three options
Rolling is 20%. A six-month agreement is 18%. A twelve-month agreement is 15%. Each includes the same complete management service.
When a rolling agreement suits
Rolling management suits owners who want maximum flexibility — for example if plans for the property may change in the near term.
When a fixed term suits
A six- or twelve-month agreement suits owners who are settled on short-let for the period ahead and would prefer the lower rate that a longer commitment carries.
Confirming the details
Your rate and operating scope are confirmed in writing during the property review, before anything is signed.