OTAs
Furnished Finder Fees: What You Need to Know as a Property Owner
Furnished Finder is a marketplace for 30+ day rentals. To help you understand what you can expect to pay if you list your home or apartment on this popular platform, we'll discuss Furnished Finder fees in this blog post.
Looking for a way to fill the gaps in your Airbnb booking calendar during a shoulder season? Depending on where your STR property is located, a smart decision may be to experiment with hosting guests mid-term. Furnished Finder can be a good place to start if your property qualifies.
It's a specialized marketplace that provides furnished rentals with 30+ day minimum stays. Unlike Airbnb, Furnished Finder is popular among travel nurses and traveling professionals who need furnished accommodations for at least one month, which can also save you on turnover cleaning and maintenance costs.
So, how much does it cost to rent out your property on Furnished Finder? To help you understand what you can expect to pay if you list your home or apartment on this popular platform, we'll discuss Furnished Finder fees in this blog post.
Listing your properties on multiple booking platforms and creating your own direct-booking website can increase visibility, drive more bookings, and diversify your revenue streams. You can manage all your listings hassle-free if you streamline your daily operations using short-term rental software like Hospitable.
Furnished Finder Fees for Property Owners
Furnished Finder markets itself as the leading source of monthly furnished rentals in the US. It differs from traditional short-term rental platforms like Booking.com or Airbnb, catering to leisure and business travelers. This website is a focused marketplace for traveling professionals, such as travel nurses, corporate travelers, and remote workers, looking for comfortable accommodations during their temporary assignments.
Travel nurses and business professionals are responsible and reliable tenants who are more likely to treat your home respectfully than vacationers. Additionally, the average stay on Furnished Finder is about three months, which can be very attractive for traditional vacation rental owners.
When you list your mid-term rental property on Furnished Finder, you only need to pay an annual subscription fee of $199. You can get unlimited leads from potential guests interested in staying at your property. You can communicate with travelers directly via email, phone, or text and have the freedom to vet your guests and use any form of payment.
Property owners work directly with guests, and Furnished Finder doesn't interfere with the transaction process. Furnished Finder doesn't charge commissions or booking fees like many other platforms, and there are no markups on rental rates. That means you can keep all your money.
Property owners who list on Furnished Finder also have access to a suite of landlord tools, including tenant screening, which is free for landlords because the tenant typically pays for it, and online rent collection through Furnished Finder's partner, Baselane.
Trusted by over 225,000 landlords across the US, Furnished Finder can be a good additional distribution channel for your vacation rental property that can help you increase your occupancy rate. By creating a listing on Furnished Finder, you'll extend your reach and get your property in front of travelers who run more than 11 million searches for 30+ day rentals every month.
Updating calendars and managing bookings across multiple channels manually can be a headache, and there's always a risk of double bookings. Furnished Finder doesn't offer an API connection or an iCal export, so Furnished Finder bookings can't sync to Hospitable automatically. However, Furnished Finder can import iCal calendars from Airbnb and Vrbo, so your Airbnb and Vrbo bookings will block the dates on your Furnished Finder calendar.
When you get a booking on Furnished Finder, add it to Hospitable as a manual reservation. Hospitable will then block the dates on the other booking platforms connected to your property, and if you add the guest's email address, Hospitable can send your automated messages to the guest by email. Find step-by-step instructions in our help article.
Are There Any Furnished Finder Fees for Guests?
Travelers who use Furnished Finder to find accommodation never pay any booking fees. However, if the property owner asks a potential guest to complete a tenant screening, the guest typically pays for it, unless the property owner chooses to cover the cost.
The screening includes the guest's criminal background check, eviction check, and credit screening to help property owners make informed decisions when choosing their next guests. Guest screening is 100% free for hosts, but guests are responsible for paying $44.99 for the screening service. If the property owner doesn't approve travelers, they won't receive any refund because Furnished Finder doesn't influence or control property owners' decisions.
On Furnished Finder, property owners can also accept rent payments and security deposits online through Furnished Finder's partner, Baselane. Baselane doesn't charge landlords processing fees, while guests pay service fees. Currently, guests have to pay:
Credit cards (3.49% processing fee)
ACH bank payments (low or no fees)
Online payments simplify rent collection. ACH payments deposited into a Baselane checking account are free for landlords, while deposits into an external bank account cost $2 per invoice.
Final Thought
As you can see, Furnished Finder charges just one simple, annual listing fee. Since property owners work directly with travelers, Furnished Finder never takes any booking fees or commissions, giving you the flexibility to manage your business however you want. If you want to accept long-term bookings, this online rental platform can be a good alternative to traditional OTAs like Vrbo, which allow hosts to offer monthly stays.
You may also want to check out our blog article to learn how Furnished Finder works for property owners and how to get started on this platform.
