How to charge on Airbnb

Offering our address on Airbnb can be a very profitable way to take advantage of an unused space to get an extra profit that never hurts. However, many people do not understand how the payment process works between the tenant and the tenant, because this web offers to take care of all the services and be a super digital intermediary. The truth is that the process is very simple and reliable. If you are thinking of renting a room or a flat on Airbnb, here we explain how to charge on Airbnb .

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The first thing you should know about how to charge on Airbnb is that the world is full of scammers and it is safest to go for it. Make clear in your ad the mode of payment you prefer, which expenses are included and which are not, establishes the conditions that can help you avoid a deception or extra expense, for example a month of bail.

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To understand how Airbnb works you should know that the payment is not made directly between the tenant and the tenant, but that the web is an intermediary between both parties and will be responsible for getting your money. How? The first month will be deposited in advance, but will be blocked until the guests arrive.

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After the first month it is even easier to charge on Airbnb, since the web will be responsible for making a monthly charge to the guest. The delay between the guest paying and you receiving your money depends on the payment method :

• Three business days for direct deposits.
• Three to seven business days for bank or international transfers.
• A few hours if the guest pays through PayPal.
• Between one day and a few hours if you pay by credit card.
• Up to 15 business days if canceled by money order.

The period of time may vary depending on the day of payment, as many banks do not process transactions on weekends or holidays, so take this into account when charging on Airbnb.

4

To know that you have charged on Airbnb, you will only have to transfer your user to the Transaction History section, where a box will appear that will detail all the payments or transfers that you have been receiving throughout the rental period. Here you can check and know instantly if you have been deposited and how much money was transferred in your favor.

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In addition, Airbnb has another section called Future Transactions where you can see and get information about future payments you will receive. In this scenario you can also access the name of the guest or depositor and the number of your reservation.

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Each time you successfully manage a booking on Airbnb, the web will charge you the Host Service Fee: 3% of the reservation's subtotal, so a useful tip is to increase this percentage to the total rental amount to receive the amount of money You need and avoid charging less than expected.

In addition, the web charges another commission called the Guest Services Fee, which is also calculated as the previous one (based on the subtotal of the reservation) and its percentage can vary between 6 and 18 percent. In this case, the more the amount of the subtotal, the lower the percentage of charge of the guest tarija.

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Also at the time of charging on Airbnb you must be aware that VAT is also collected . The amount corresponding to the payment of this position will depend on the legislation applied to the jurisdiction corresponding to the accommodation. However, it is usually calculated that the rate is 3%. Similarly, and as with the Host Service Fee and the Guest Services Fee, you can find this payment information in detail in the Transaction History section.