Cities Reference's Commissions
Following recent changes and your Facebook requests for ever increased transparency and clarity here follow the details of how our commissions work.
Most of you seem to know already that our commission ranges from 9 to 20.5% and that you will decrease it by 25% when activating the Instant Booking. But you're unclear on how and why exactly the commission moves downward, besides the discount coupons as detailed in our discounts post. Here follows our best attempt at shedding some light on the whole process.
Commission is composed of a fixed and of a variable factor. The previous depending on the booking system you apply to your listing (Instant or On Request), the latter on the total rent amount of your booking.
The Variable Commission subtracts from the Fixed Commission in inversed proportion to the final rent cost.
The Fixed Commission
Instant Booking apartments are charged 16%+VAT of the price posted on Cities Reference's websites.
On Request apartments are charged 20.5%+VAT.
The Variable Commission
The above commission will decrease by 10% every 50% increase of the rental cost heading down to the set minimum 9%+VAT.
Please note: When comparing our fees to others please make sure their fee structure is clear, there often is a double charge, some to the owner and some to the renter. We only charge one flat fee.
Find furter information on Cities Reference help page.
image credit forexbrokerz.comFollowing recent changes and your Facebook requests for ever increased transparency and clarity here follow the details of how our commissions work.
Most of you seem to know already that our commission ranges from 9 to 20.5% and that you will decrease it by 25% when activating the Instant Booking. But you're unclear on how and why exactly the commission moves downward, besides the discount coupons as detailed in our discounts post. Here follows our best attempt at shedding some light on the whole process.
Commission is composed of a fixed and of a variable factor. The previous depending on the booking system you apply to your listing (Instant or On Request), the latter on the total rent amount of your booking.
The Variable Commission subtracts from the Fixed Commission in inversed proportion to the final rent cost.
The Fixed Commission
Instant Booking apartments are charged 16%+VAT of the price posted on Cities Reference's websites.
On Request apartments are charged 20.5%+VAT.
The Variable Commission
The above commission will decrease by 10% every 50% increase of the rental cost heading down to the set minimum 9%+VAT.
Please note: When comparing our fees to others please make sure their fee structure is clear, there often is a double charge, some to the owner and some to the renter. We only charge one flat fee.
Find furter information on Cities Reference help page.
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