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Hostshare Fee Philosophy: STR Hosts First
Hostshare Fee Philosophy: STR Hosts First
Devon Lind avatar
Written by Devon Lind
Updated over 4 months ago

At Hostshare, we are here to revolutionize the short-term rental industry by putting STR hosts first. Our platform is built on the principle that excessive fees should not hinder the connection between hosts and guests. Here’s how we’re making that happen:

Exclusive Membership Benefits

  • Membership Model: Hostshare operates on a membership basis, which allows us to maintain a community of committed STR hosts and guests. This exclusive membership model enables us to offer lower fees by distributing operational costs across a dedicated member base, ensuring that both hosts and guests enjoy greater value and service.

Our Commitment to STR Hosts

  • Exclusivity for STR Hosts: Currently, our platform is exclusive to STR hosts. This focus allows us to tailor our services specifically to your needs, ensuring that we provide the best tools and resources for managing your properties efficiently and effectively.

  • Zero Fees to Hosts: We believe that hosts should not be penalized for offering their spaces. That's why we charge $0 fees to hosts for payouts, including cleaning fees. This approach not only simplifies transactions but also maximizes your earnings.

Simplified Fee Structure for Guests

  • Low Fees for Guests: In a market where service fees can often obscure the true cost of stays, Hostshare stands out by maintaining one of the lowest fee structures. Guests are only required to pay a 5% processing fee, significantly lower than the typical 15%-25% "service fee" charged by other platforms. This fee covers the costs associated with processing payments via credit card, calculating taxes, and handling payouts, ensuring a smooth transaction between guests and hosts.

  • Damage Protection Charge: To further protect our hosts, we include a flat-rate damage protection charge of $15 per booking. This nominal fee provides up to $50,000 in damage protection, offering peace of mind to hosts while keeping additional costs for guests reasonable and transparent.

Our Pledge: Low Fees, High Value

By leveraging an exclusive membership model and maintaining a focused fee structure, more of the booking revenue goes directly to our hosts. We started Hostshare not just to challenge the status quo but to build a community where hosts can thrive without the burden of excessive fees. Join us in redefining what it means to be a host in the short-term rental market. Together, we can create a more equitable, transparent, and host-friendly environment.

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