Updated November 2026
What actually has to happen
Switching is three things: ending the old agreement properly, moving the bookings and the money, and standing up the new operation before the first guest under it arrives. Most of the work is the new manager's. Yours is one letter and a few decisions.
Step 1: read your current agreement
Find the notice period and whether notice can be given any time or only at the anniversary. Find the exit fee, if any. Find the clause on who owns the listing and the photos. Those three lines decide your timing and your cost. If you cannot find the agreement, ask the manager for a copy; under the Vacation Rental Act they are required to have a written agency agreement with you.
Step 2: get your numbers before you give notice
Pull your last twelve months of statements and run the revenue check for your address. If your home is under the market median for its size, the switch is worth it on revenue alone. If it is above, you are switching for service, which is still a fine reason; just know which one it is.
Step 3: give written notice
Email is fine if the agreement allows it; a letter is safer. State the end date, ask for a list of every future booking with dates, guest contact details, amounts paid and amounts still due, and ask for the balance of advance rent and any security deposits to be transferred to the new manager's trust account. Ask for your photos and for the listing to be transferred if the agreement gives you that right.
What happens to future bookings and deposits
This is the part owners worry about most, and it is the part the law is clearest on. North Carolina's Vacation Rental Act (G.S. 42A) requires advance payments from guests to be held in a trust account, limits disbursement to no more than 50% of the rent before the guest's occupancy, and requires advance rent to be transferred within 30 days when the manager changes. So the money for a booking taken in March for a stay in July is sitting in a trust account, and when you switch managers in May, it has to move to the new manager inside 30 days.
The bookings themselves stay on your calendar. On Airbnb and Vrbo, a reservation belongs to the listing; if the listing moves to the new manager's account, or the new manager is added as a co-host, the reservation goes with it. If the old manager keeps the listing (see step 1), the new manager honors the existing reservations at the old price and the guest never knows anything changed. More on this in What happens to bookings when you switch.
Step 4: the new manager walks the house
Most of our owners live out of state, so we do this without you: we walk the house for you, photograph it, and send a short list of anything it needs before guests arrive under our name. You approve every cost first. This is also when lock codes, utility accounts, the hot tub service and the cleaner's supply closet get sorted out.
Step 5: listing, pricing, crews
Between notice and the handover date the new manager rebuilds or takes over the listing, loads the calendar with every existing reservation, sets pricing, lines up the cleaning crew, and sets your family weeks in writing. On the handover date the old manager's access ends and ours begins. The first guest after that is handled like every guest after.
Keeping your listing and reviews
If the listing is on your own account, nothing is lost: you add the new manager and remove the old one. If it is on the old manager's account, ask for it to be transferred. Some managers will; some agreements say they will not. If you lose the listing, you lose its reviews, and a home with 150 five-star reviews starting over at zero is the real cost of a bad agreement, which is why we tell owners to read that clause first.
When in the year to switch
Switch into a slow month, not out of a peak. In the High Country that means giving notice in January or February so the handover lands in March or April, the softest months in Banner Elk and Blowing Rock, and the new manager has the whole run-up to summer and leaf season. Around Lake Norman the slow months are January and February, so notice in November lands the handover before the lake season. Switching in October in the mountains means the new manager inherits a full calendar and a crew change in the busiest month; it can be done, but it is harder on everyone.
What it costs
With us: the 25% starts on the handover date and nothing else comes out of your bookings. There is no exit fee on our side; 60 days' written notice ends it. Whether your old manager charges to leave is in your current agreement.
Checklist
- Notice period, exit fee and listing-ownership clause found in the current agreement
- Last twelve months of statements pulled; revenue check run
- Written notice sent with an end date and a request for the booking list and trust-account transfer
- Photos and listing transfer requested
- New manager has walked the house and sent the list
- Family weeks set in writing
- Lock codes, utilities, hot tub service and supply closet handed over
Our switching page has the short version and a list of questions to ask your current manager. This is not legal advice; the statute is linked below.
Questions owners ask
What happens to my future bookings when I switch property managers?
They stay on your calendar. Under North Carolina's Vacation Rental Act, advance rent held for those bookings must be transferred to the new manager within 30 days of the change, and the new manager honors each reservation at its original price.
How much notice do I have to give my vacation rental manager?
Whatever your agreement says, commonly 30 to 90 days, and sometimes only at the anniversary. Read the notice clause and the exit-fee clause before you send anything. Host Carolina's own agreement is 60 days' written notice from either side.
Will I lose my Airbnb reviews if I change managers?
Only if the listing is on the old manager's account and they keep it. If the listing is on your account, you add the new manager and keep everything. Ask who owns the listing before you sign with any manager.
When is the best time of year to switch managers in the High Country?
Into the soft months. Give notice in January or February so the handover lands in March or April, and the new manager has the run-up to summer and leaf season.
See what your home should earn
Put in your address and you will see your market range in about a minute, no phone number needed. Or call or text (828) 478-8024 and an owner of the company answers.
Sources
- North Carolina General Statutes, Chapter 42A, Vacation Rental Act — https://ncleg.gov/EnactedLegislation/Statutes/HTML/ByChapter/Chapter_42A.html