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Airbnb

Robert D

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Wanted to see if anyone has used Airbnb to rent their timeshares. I'm thinking about trying them but am a little concerned that you don't get paid until after the renter checks in.
 

dominidude

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Wanted to see if anyone has used Airbnb to rent their timeshares. I'm thinking about trying them but am a little concerned that you don't get paid until after the renter checks in.

I've used Airbnb for years.

I'm not saying you should or shouldnt, but these are some things to consider:

1) Airbnb is very renter friendly/landlord unfriendly. If there is ANY half way valid concern from the renter, they will in all likelihood be able to walk away from the reservation without having to pay you anything. Airbnb will not get into who's fault it is (yours or the resort's), long as the renter is not at fault, they get to walk away.

2) Airbnb allows you to screen your renters, however, if you deny a request from a renter (for example, because you dont like that the renter doesnt have many good rating or any ratings at all) your property will be taking off the market temporarily, and you'll have to manually put it back in the market. It seems they do this to prevent landlords from illegally (for example, based on race) denying requests. It only takes a few minutes to put your property back on the market, but it's a manual process. I would not be surprised if after denying several requests Airbnb makes you go through a lengthier process to put the property back in the market.

3) Airbnb and Paypal's cut altogether is at least 13%. That's a big cut for simple advertising.

I've seen plenty of people advertising in several mediums (craigslists, eBay, Airbnb), and increasing the price that they charge through Airbnb to account for their renter friendliness.
 

Robert D

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I've used Airbnb for years.

I'm not saying you should or shouldnt, but these are some things to consider:

1) Airbnb is very renter friendly/landlord unfriendly. If there is ANY half way valid concern from the renter, they will in all likelihood be able to walk away from the reservation without having to pay you anything. Airbnb will not get into who's fault it is (yours or the resort's), long as the renter is not at fault, they get to walk away.

2) Airbnb allows you to screen your renters, however, if you deny a request from a renter (for example, because you dont like that the renter doesnt have many good rating or any ratings at all) your property will be taking off the market temporarily, and you'll have to manually put it back in the market. It seems they do this to prevent landlords from illegally (for example, based on race) denying requests. It only takes a few minutes to put your property back on the market, but it's a manual process. I would not be surprised if after denying several requests Airbnb makes you go through a lengthier process to put the property back in the market.

3) Airbnb and Paypal's cut altogether is at least 13%. That's a big cut for simple advertising.

I've seen plenty of people advertising in several mediums (craigslists, eBay, Airbnb), and increasing the price that they charge through Airbnb to account for their renter friendliness.

Thanks for the info. Have you had much problem with renters canceling? Also, what I'm seeing on fees is that they charge a 3% fee to the landlord and 6% - 10% to the renter depending on the total amount of the rental but nowhere do they show what the sliding scale is for the renter. Are there more than 3% fees to the landlord?

Also, it appears that the renter has to pay the full amount when they book it. The most strict cancelation policy appears to be 50% at 60 days before check-in. I wonder if this means that the renter forfeits the entire amount if they cancel inside of 60 days or if they just forfeit 50%.
 

vacationhopeful

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I have people booking units NOW for March 2016, My MFs are due by Jan 1st and with the payment of a March rental til April 15-30 clearly my bank account .. if I don't have a dispute .. does NOT work for me.
 

ronparise

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I like to paid sooner rather than later. Im with Linda, doesnt work for me either

Craigs list advertising is free
 
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