Why Subscription-Based Platforms Are a Better Choice for Property Owners
When it comes to renting out vacation homes, apartments, cottages, and other properties, choosing the right platform can have a significant impact on your profitability. At Revisit, we understand the challenges property owners face when deciding how to list their properties. Many platforms offer commission-based models, but there’s another option that’s often more advantageous—subscription-based platforms.
In this blog, we’ll explain why Revisit’s subscription-based model is the smarter choice for property owners, and how it helps you save money, plan ahead, and maximize your earnings.
1. No Commission Fees: A Significant Saving
One of the biggest advantages of subscription-based platforms like Revisit is that there are no commission fees. On commission-based platforms, you typically pay a percentage of your rental income for every booking. For instance, a platform might take anywhere from 10% to 20% of your rental price each time someone books your property.
For example, if your property rents for $200 a night and the platform charges a 15% commission, you’re giving away $30 for each booking. Over time, this can add up to a substantial amount of money, especially if you have multiple bookings each month.
With Revisit, you simply pay a fixed subscription fee each month. That means you can keep the full rental price, without worrying about giving away a portion of your earnings. It’s a more predictable and cost-effective way to manage your property listings.
2. Better Financial Control and Planning
Another major benefit of a subscription-based platform is the predictability it offers. When you use a commission-based platform, the amount you pay can vary month to month, depending on the number of bookings you get. This can make budgeting difficult and leave you with unexpected expenses.
With Revisit, you’ll know exactly what your monthly costs are. Whether you have one booking or ten, your subscription fee remains the same. This makes it easier to plan your finances and avoid surprises, helping you keep a tight grip on your property’s profitability.
For example, let’s say you get only 3 bookings in one month—on a commission platform, you may still end up paying significant fees. But with Revisit, no matter how many bookings you receive, your fee remains constant. This allows you to forecast your earnings more accurately and avoid fluctuations in your costs.
3. More Competitive Pricing for Your Property
With no commission fees eating into your profits, you have the flexibility to set more competitive rental rates. Many commission-based platforms push you to increase your rates to cover the extra fees, which can make your property less attractive compared to others on the market.
On Revisit, you can afford to set your rental prices more attractively because you’re not burdened by a commission. This can help you stand out in a crowded market, attracting more potential guests who are looking for value. You have the freedom to offer seasonal promotions, discounts, or even offer special deals without worrying about platform fees cutting into your earnings.
4. Avoid Extra Costs for Your Guests
While it’s clear how commission-based platforms charge property owners, it’s often less talked about how these platforms also charge guests additional fees. These fees can sometimes be added to the price of booking, meaning that guests end up paying more than the original listing price.
For example, let’s say the listing price for your property is $150 per night, but the platform charges guests a 10% booking fee. That’s an extra $15 the guest has to pay on top of the rental cost. While this may seem like a small amount, it can deter some guests from booking, especially if they are on a budget.
With Revisit, there are no hidden fees for guests, which makes your property more attractive to potential renters. Guests appreciate transparency, and not having to pay additional platform fees can make your property more competitive and appealing to a wider audience.
5. Focus on Building Long-Term Relationships with Guests
A subscription-based model allows you to focus on what matters most—building long-term relationships with your guests. Without the constant pressure to generate multiple bookings to cover commission fees, you can spend more time offering exceptional customer service, improving the guest experience, and ensuring your property is in top condition.
At Revisit, we believe that a positive guest experience is the key to earning repeat customers and generating positive reviews. By not having to worry about paying commissions, you can create more personalized experiences for your guests, leading to better reviews, repeat business, and ultimately, more bookings in the long run.
6. The Freedom to Grow Your Business
When you’re not tied to paying commission fees, you’re free to focus on growing your business. With Revisit, you can list properties how you want, all under one fixed subscription. Whether you’re managing a single property or a portfolio of homes, you’ll have the same predictable fee and access to all the tools you need to manage your listings effectively.
Conclusion: Why Subscription Is the Better Choice
When you choose Revisit as your platform, you’re choosing financial freedom, predictability, and more control over your property management. No commission fees mean more money in your pocket, and a subscription model allows you to focus on the long-term growth of your business without worrying about fluctuating costs.
Furthermore, with Revisit, both you and your guests can avoid paying extra commissions and hidden fees, which makes your property even more appealing. For guests, it’s about saving money, and for you as a property owner, it’s about ensuring profitability while delivering excellent value.
If you’re tired of losing a portion of your rental income to commission-based platforms and want to keep more of your earnings while building a sustainable, profitable business, Revisit with its subscription model is the way to go.
