Traditional property managers charge a percentage of gross revenue — typically 3–8% of collected rents.
This model creates a fundamental misalignment: there is no financial incentive for incumbent PMs to reduce operating costs, improve maintenance efficiency, or optimize leasing outcomes.
Vestid changes the structure entirely. We earn a percentage of net operating income. Every dollar of expense reduction and every point of occupancy improvement directly increases our fee.
Your success is our success.
Previous attempts to bring AI into property management failed not because the technology wasn't ready — but because the firms deploying it had no reason to change.
Vestid is purpose-built differently. Our economic model demands efficiency. That imperative drives us to deploy AI deeply across every workflow. Not as a surface-layer tool, but as the operating system of the entire management function.
Our fee is derived from Net Operating Income — Revenue minus all operating expenses. Every efficiency gain we drive compounds directly into our own compensation. This is the only fee model that eliminates the conflict of interest entirely.
Vestid was founded on a simple observation: the property management industry's economic model has been fundamentally broken for decades. Incumbent firms grew large by creating a business that profits from stasis, not performance.
We built Vestid to be the property manager we wished existed. One that builds and operates AI across every workflow, not to sell software, but to run buildings better. One who serves institutional real estate investors tired of paying fees that bear no relation to performance.
We work with a select group of institutional owners. Tell us about your portfolio and we'll follow up with you shortly.