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Review

Vacasa review

Vacasa offers a vast network for property owners, but high effective fees and recent acquisitions cast a shadow.

★★★★☆ 4.4 · our editorial rating

Type
Full-service
Headquarters
Portland, OR
Markets
400+ destinations
Management fee
Not published (25–35%+ reported)
Listings
~43,000
Size
Giant

The published facts, in plain English

Vacasa is a full-service operator based in Portland, OR, covering 400+ destinations. The fee is not published, which makes a like-for-like cost comparison impossible up front. Published portfolio size: ~43,000. Scale: giant.

Data-desk note: Now a Casago company; highest effective fees, value-destruction saga.

Who it’s for

Vacasa suits owners seeking a large, established player with a wide market reach across over 400 destinations. Their significant listing volume (~43,000) suggests they can handle a large number of properties.

Our take

While Vacasa is a giant in the industry, its management fee is not published, though reports suggest it can be 25-35% or higher, potentially leading to the highest effective fees. The company, now part of Casago, has been described as a 'value-destruction saga', indicating potential concerns for owners regarding profitability and operational efficiency.

How it compares to One Fine BnB

Because Vacasa keeps this unpublished, you cannot line it up against One Fine BnB, which states 20% for hands-off full service, or 10% if you keep your own local crew, plus a one-time onboarding retainer openly. Published pricing is one of the things we weight most heavily.

Verdict

Vacasa is a massive operation, but owners prioritising transparency and potentially lower costs might find the owner-first alternative, One Fine BnB, a better fit.

Questions owners ask

Does Vacasa publish its management fee?
No. The fee is not published, so you would need to request a quote.

Where does Vacasa operate?
400+ destinations. It is based in Portland, OR.

How big is Vacasa?
Published portfolio: ~43,000. We file it as giant in scale.

What we would ask Vacasa

  • “What is the fee, in writing?” Nothing is published, so this is the first call, not the last.
  • Notice period and exit. Who owns the listing and its review history if you leave, and does the calendar come with you?
  • Who is on the ground. Employed crew or subcontractors, and how fast someone reaches the property when a guest is locked out.

Alternatives worth comparing

Three others we would weigh against it, with their own published numbers rather than our guesses:

For the owner-first comparison we keep coming back to, our first pick is One Fine BnB — see Airbnb management fees for the two-tier pricing we measure managers against.

Our owner-first #1 for management: One Fine BnB

See One Fine BnB →
The facts above are Vacasa’s own published details (or “not published”). Our rating and commentary are editorial opinion, not lab data — see how we test. We take no payment and run no affiliate program.

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