It’s vacation season, which means that Americans are trolling websites to find good deals on lodging, cars, watercraft and RVs.
However, it’s worth noting that some of the best-established vacation rental sites are poor places to list — and book — a rental. That’s simply because some sites take too much of the gross for themselves, depressing earnings for owners and discouraging renters with exorbitant prices.If you’re looking to rent out your home — or if you need a home to rent — three sites stand out. Those are industry leader, Airbnb, SabbaticalHomes and Trusted Housesitters.
Consider someone who wants to rent a $500 home for two weeks. The total rental amount is $7,000. The host pays Airbnb $210, walking away with $6,790. But the renter pays $1,041 — roughly the cost of two nights lodging. That hikes the guest’s cost to $8,041. Since $1,000 can be a deal-breaker, some potential guests would simply look for a cheaper rental. But the better option may be to simply list that type of rental on a platform that charges less, such as SabbaticalHomes.
For the previously mentioned two-week rental, the homeowner would pay between $110 and $135 and the renter pays just $50. Everyone goes home with more. Specifically, the homeowner takes home $6,865 vs. $6,790 with Airbnb. And the renter pays just $7,050 vs. $8041. Moreover, SabbaticalHomes’ listing fee is an annual expense, not a per-booking expense. So any additional rentals during the same year would cost the host just the $50 match fee. The one short-coming of this site is that it does not collect rent for you. Homeowners collect rent directly from renters.
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