Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Short-Term & Vacation Rental Discussions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

419
Posts
499
Votes
Mike V.
  • Rental Property Investor
  • Campbell, CA
499
Votes |
419
Posts

VRBO / Homeaway adding new fee to eCheck

Mike V.
  • Rental Property Investor
  • Campbell, CA
Posted

Was notified this morning that VRBO will now be charing a 3% fee when processing eChecks.  Very disappointing to say the least.  I guess seeing the rare transaction when a guest paid by eCheck and feeling the small win of saving $50 is long gone.  

Hello Michael,

YapStone, HomeAway’s payment partner, is committed to delivering convenience by eliminating the hassle of paper checks for our partners and their customers.

Effective Tuesday, August 28, 2018, we will begin charging a processing fee of 3% per eCheck for a domestic property. By charging a fee for eCheck transactions, we are building a sustainable business model that will allow us to continue offering eCheck as a payment option for travelers.

All other processing fees are unaffected.

Thank you for being a YapStone customer.

Warm regards,
YapStone

Most Popular Reply

User Stats

13,569
Posts
16,929
Votes
John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
16,929
Votes |
13,569
Posts
John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
Replied

@Mike V., I got the same message. I don;'t think many of my books are using echeck so I don't think this is a big deal.

Since Homeaway / VRBO accounts for 95% of my bookings and they keep my calendar full I can't complain about any of their fees. (so far)

  • John Underwood
  • Loading replies...