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[Liz6029]

I’ve got my property ready to let but I’m having trouble finalising my posting. I don’t understand the pricing and how much I should charge. I find all the forms very confusing. 

[Mike-And-Jane0]

@Liz6029 To see what to charge have a look on Airbnb at similar properties in your area. Don't forget though that the price you set per night has about 20% added to it by Airbnb as a service fee. You will see this when you look at other peoples pricing.

[Bettye6]

I was the same way & nearly a year I still get confused. @Mike-And-Jane0 I doubled check & I am at 3% plus my state tax. I don’t charge any other fees. 
First I looked @ what the local hotels are charging as I know we give guests a very huge added value. 
Go to the AirBnB help page. It has so many articles on pricing which helped me. 
In your app it also has detailed instructions  when you click on your listing you will see Booking Settings tab next to listing. 

You Tube has plenty of video instructions. I found if I type out your question (copied & pasted) into Google that platform takes you right to your answers, even You Tube tutorials. 
My suggestion is to secure uninterrupted time, get your favorite beverage, take a deep breath & read & watch. It does seem overwhelming. I still look at or adjust my pricing at least once a week. I’ve learned so much that way though still feel overwhelmed at times. 
Face Book has a page AirBnB Hosting  Tips & Tricks. Though sometimes a little too much ranting I have obtained some excellent suggestions. 
I recon research is my key suggestion. 

[Mike-And-Jane0]

@Bettye6 You pay 3%+tax but the guest pays 14.2%+tax on top of the nightly rate

[Bettye6]

Hi there!

Yes I redid the math from the customers "Guest Paid" page and you are near. Mine was exactly 14% of what my guests pay, I don't have any other fees with the exception of an extra guest.

Thank you for the heads up!

Bettye

[Bhumika]

Hi @Liz6029 , I hope the suggestions from Mike and Bettye have helped you with streamlining the listing set-up process. Have you managed to progress with the listing and decide on your pricing strategies? Do keep us posted if you have any questions. We have many kind and experienced Hosts on our Community Center who would love to help you out with this one!

All the best!

[Helen3 · Accepted solution]

Have you done any market research on what those with comparable properties are charging locally . If not that should be your starting point. @Liz6029 

You then need a profit and loss account with all your costs to see what your profit might be based on an estimate of how many days a year you are likely to rent out and at what rate .

this will help you understand whether setting up an STR business is right for you.