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Updated about 7 years ago on . Most recent reply

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Kevin Lefeuvre#3 Coronavirus Conversation Contributor
  • Los Angeles, CA
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Airbnb starts paying 50% at booking for 1%. Are you signing up?

Kevin Lefeuvre#3 Coronavirus Conversation Contributor
  • Los Angeles, CA
Posted

As you know, until now, airbnb would payout once the guests have checked in (Day D+1). 

Now they give you the option to receive half of the payout, at booking time (or Booking Day+3 exactly), but would charge another 1% fee for that.

Do you sign up?  Thoughts?

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Julie McCoy
  • Real Estate Agent
  • Sevierville, TN
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Julie McCoy
  • Real Estate Agent
  • Sevierville, TN
Replied

I won't.  It makes my bookkeeping confusing and puts me on the hook for refunds that get pulled from my account when guests cancel.  I don't want money to touch my account until I know it's staying.  Further, my bookings tend to go in fits and starts; I don't want a couple of months with huge amounts of income and a couple with very little, I want it more evenly distributed.  (VRBO defaults to paying out when guests book; I called them and asked them to change it to when guests check in, for all the above reasons)

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