The division of rental income between the property owner and a property management company or platform.
Menu
Glossary Term: Commission
16 posts
A charge imposed by platforms like Airbnb and VRBO to guests or hosts (or both) to cover the cost of using their platform and services.
A fee charged by platforms like Airbnb and VRBO to hosts for each booking made through their platform, usually calculated as a percentage of the booking amount.
An abbreviation for “Short-Term Vacation Contract Fee,” it represents the compensation paid to a short-term rental management company for their services, typically calculated as a percentage of the rental income generated.
The different pricing models used by short-term rental platforms like Airbnb and VRBO for charging hosts fees for using their services, often calculated as a percentage of booking value.
The charges imposed by short-term rental platforms like Airbnb and VRBO for using their services, typically calculated as a percentage of the booking amount or a flat fee per booking.
The charges levied by online platforms like Airbnb and VRBO for listing and booking short-term rentals.
The charges that platforms like Airbnb and Vrbo deduct from host earnings for using their services, typically a percentage of the booking amount.
A percentage-based fee charged by platforms like Airbnb and VRBO to hosts for each booking facilitated through their platform.
The fees charged by a property management company for their services, typically calculated as a percentage of the rental income.
A pricing model used by some property management companies where they charge a percentage of the rental income as their fee. Also known as a commission-based model.