Hi @Emily1146
I can answer some of your questions, but one suggestion I have is that you stay somewhere as a guest as well, to make sure you understand the process from the point of view of the guest.
I just want to know how much commission air BnB take how much percentage of the total I receive?
- Airbnb earns commission twice - from guest and from host. They take 3% from the host and add 10 to 13 % to the guest. So if you put your room for $100 a night, you will receive $97 and the guest will pay approximately $110 + cleaning fee.
how long process payment takes?
- Guest pay when they book. You receive the money 1 day after the guest check in.
what is the fee to take the money?
- You need to check fees in your country. In the UK, I use paypal, so no fee.
when I post the listing do I have to show any star ratings or can I show any star ratings?
- When you post, you have no rating. Guests will rate you after each stay (from 1* to 5*). You will also ask to review the guest.
Are there any hidden costs, I should know?
- not hidden, but there are costs to run the property, like cleaning, insurance, wear and tear. You also need to furnish the unit, and keep it in good condition, get good linen, good towels. Guests also expect a kitchen where they can cook (so pots, pans, tea, coffee, plates, etc, etc..)
Will we be charged extra if we charge cleaning services?
- you can add a cleaning fee to your listing, that is charged once to guests - independently if they stay 1 day or 1 month. You can also add taxes, or resort services. You need to see what is suitable / relevant to your location. You will not be charged extra for adding those.
do I add cleaning services in the price of the reservation? Answered above.
Please check your market - it may be saturated, and that brings prices down. Do your research before investing a lot of money. Again, staying in a property similar to what you would like to offer may give you an idea of costs and options.
