To effectively build your business in the rental market, you need a platform for individuals or companies to rent the types of property that suit them. The most famous rental property platforms around the world are Airbnb, Virbo, Respite, and Booking.
However, before you start your rental property business, you need to consider business models that will help you successfully monetize your product.
In general, the three most popular monetization models are fees, advertising, and premium features.
Cars Scanner
Cars scanner car rental
mega 88 jp
https://solrentacar.com/
https://cars-scanner.net/en
https://solrentacar.com/en
Fees
Rental platforms may charge a fee for conducting a transaction. Airbnb uses this method of monetization by charging commission fees from both guests and property owners. The amount of the commission directly depends on the rental price: the higher the price, the higher the fees.
Ads
Advertising as an engine of trade is an attractive monetization model for rental property platforms. Real estate rental platforms can collaborate with airlines, travel and car rental agencies, or cargo carriers.
However, don’t forget that an excessive amount of ads negatively affects your loyal audience. We recommend using ads only when your target audience begins to grow.