This is absolutely not clear to me! 🤔
As far as I can understand, choosing Simplified Pricing over Split Fee (it’s in Profile -> Payments and Payouts -> service fee) does put you at a competitive disadvantage.
I tried it, and be careful those of you with multiple properties, the choice applies to all properties across the board, so you’ll need to rethink the pricing at all your places!
So, I changed my base price to factor in the 15% service fee I am now paying (guests pays nothing).
In travelling mode, I now see my property on the calendar looking much more expensive. Remember, at this point the guest doesn’t know there’s no service fee to be added on! He’ll only discover that once he actually clicks through to Reserve, which he may never do, because you now look more expensive!