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Updated about 2 months ago on . Most recent reply

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15
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Jonathan Snider
  • New to Real Estate
  • Memphis, TN
10
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15
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Security Deposits through OwnerRez

Jonathan Snider
  • New to Real Estate
  • Memphis, TN
Posted

I use OwnerRez to manage my AirBnB and VRBO listing. AirBnB does not collect security deposits, so I setup OwnerRez to collect the security deposit as they recommend in their documentation (https://www.ownerrez.com/support/articles/security-deposit-h...). This seems to surprise some guests and concern them since the deposit is outside of AirBnb.

How does everyone handle this?

Most Popular Reply

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13,271
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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
16,453
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13,271
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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
Replied
Quote from @Jonathan Snider:

I use OwnerRez to manage my AirBnB and VRBO listing. AirBnB does not collect security deposits, so I setup OwnerRez to collect the security deposit as they recommend in their documentation (https://www.ownerrez.com/support/articles/security-deposit-h...). This seems to surprise some guests and concern them since the deposit is outside of AirBnb.

How does everyone handle this?


 I imagine you may be losing bookings over this.

If I'm booking through Airbnb and a 3rd party asks for an off platform deposit, I'd look for another property.

  • John Underwood
  • Loading replies...