06-28-2017 01:41 PM
Thank you. I was wondering the same thing and you've answered my question. Do you think you're going to use this feature?
06-29-2017 04:53 PM
When I called about the Host Early Pay Fee, I was told that it only applied to new bookings. However, when we decided to try it, it did pay us for an already-scheduled booking.
06-28-2017 11:52 AM
Funny, I just posted the same question. Thanks for finding out the answer. There is another question about this. What happens if the guest cancels the reservation after the booking fee has been paid out? Does Airbnb take the money out of your account or do they deduct it from another payout?
06-28-2017 01:42 PM
They said if you're paid for a reservation that gets cancelled they will take the balance from your next payment.
06-28-2017 05:44 PM
@Kalin And Marquis , who said that, and when? I wouldn't so easily trust what Airbnb representatives tell us upon an inqiry. Often enough, as things change all the time, they haven't caught up with the newest changes and give out wrong/outdated info.
I seem to have read recently somewhere (can't remember though where, thus can't make a link) that Airbnb is not deferring refunds and such anymore to take it out of our next payment, but that they now take it out of our accounts right away. That makes total sense from a business viewpoint: like in this scenario, the host would be sitting on some $$$ that are actually not his to keep and Airbnb would let him keep it for a while, like a free loan actually, until the host's next reservation money comes in? host could never have a next reservation, could cancel his account, could disappear..... so the retaking of the money right away only makes sense.
06-28-2017 09:18 PM
This is correct @Annette
Some hosts have to supply their credit card number and they charge the host for the refund instead of taking it from a future trip as there was some scamming issues. I have not seen this lately but was dealong with hosts with this issue.
06-28-2017 12:12 PM
I think that the fee is a huge a scam. Airbnb already collects the money from the guests. They earn interest income on that money. They have no additional costs by making the pay out sooner.
06-30-2017 07:17 PM
Airbnb would actually be losing a huge amount of interest by paying out funds early. I'm surprised they would offer it. It doesn't seem like the percentage charged would come close to the interest they'd be losing.
06-30-2017 09:04 PM
My point exactly..... Why should they be making money with other people's funds. Some if my guests book 1 year in advance.
Hotels don't charge the customer until they actually use the service. Thus practice is a negative for some potential guests.