Introduction to Smart Rates

The Uplisting Smart Rate feature solves the disparity of different commission structures. Booking.com, Expedia and other platforms charge a commission on the synced rate (15 - 18%), whereas Airbnb splits their commission between the host (~3%) and the guest (6 - 12%) where the commission is added on top of the synced rate.

Take Home Rate

The Take Home Rate feature automatically accounts for the commission charged to you as a host, so you don't have to. The rates you enter on Uplisting are the rates you earn (exclusive of any taxes). Below are example calculations when Take Home Rate is enabled.

The Take Home Rate feature is the default setting for all accounts.

The Take Home Rate formula is:

[Uplisting rate ÷ (1 - commission in decimal)]

For example: [$50 / (1 - 0.15) = $58.82)]

Note: 

  1. All earnings are exclusive of VAT.
  2. Decimal numbers are rounded (eg. $55.3 is rounded to $55 and $55.5 is rounded to $56).

Gross rate (coming soon)

Gross Rates don't take into account the booking site commission when syncing. This can lead to significant disparities in the price that a guest pays, and the amount you earn.

Below are example earnings using the gross rate. As you can see, with Gross Rates the guest is better off booking on Booking.com as it's significantly cheaper, however, a host earns much less (eg. $30 on a $250 booking).

Note: 

  1. All earnings are exclusive of VAT.
  2. Decimal numbers are rounded (eg. $55.3 is rounded to $55 and $55.5 is rounded to $56).


 

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