I have come across guests who want to reserve my listing two months in advance but don’t have the money in full to pay. I wish there was an option to where they can do like a 25% down payment and pay the rest on or before check in. The down payment can be like our “earnest money” and make it non-refundable In case they change their mind. This would generate more future bookings in my opinion especially for those planning events or a family vacation.
I like this idea but I don’t think it would ever work with Airbnb concept as people would future book and then near to the time cancel and host would only retain 25% and then the property would remain empty due to no one being able to book in time :)!