A percentage of the booking amount charged by platforms like Airbnb and VRBO for their services.
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The practice of adjusting rental prices in real-time based on factors like demand, seasonality, and competitor pricing.
The process of vetting potential guests through reviews, profiles, and communication to minimize risks associated with hosting.
One-time charges associated with preparing a property for short-term rentals, such as initial cleaning, furnishing, or installation of smart home devices.
The process of confirming the identity of guests booking a short-term rental, often involving providing government-issued identification or social media profiles.