PMC model

concept
3 mentions 1 recordings first heard Jun 2026 last heard 16 Jun ±0 this week

Business model where operators manage owners’ properties for a commission

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Simon LehmannSTR Global Unlocked with Simon Lehmann · The Margin Mistake Killing Most STR Companies! · 2:32 · 16 Jun
…The margin in this model comes from spread between what you charge the owner and what it actually costs you to deliver the service.…
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Simon LehmannSTR Global Unlocked with Simon Lehmann · The Margin Mistake Killing Most STR Companies! · 2:14 · 16 Jun
…Let's start with the classic PMC, the model where you manage properties owned by other people and you don't take a commission typically somewhere between 15 and 25% of the gross booking value, plus ancillary fees on cleaning, damage waivers, and so on.…
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Simon LehmannSTR Global Unlocked with Simon Lehmann · The Margin Mistake Killing Most STR Companies! · 2:09 · 16 Jun
…Property management companies, we call that the PMC model.…
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