A Virtual Assistant (VA) hired through us informed the host about deposit waivers, which allow guests to pay a smaller, non-refundable deposit instead of pre-authorizing a larger amount.
With the host's approval, the VA set up the deposit waiver system. In June alone, this generated an additional £1,059 for the host!
The VA service costs the host just under £200 per month, meaning this strategy covered the VA's fee and provided an extra £800+ in profit. 🤩
If you’re not using deposit waivers, you’re missing out should seriously be looking into implementing it!
It's literally extra money for you the host!