With many different platforms coming to the Vacation Rental space, which was dominated by Airbnb, it is very easy for Property Managers and Hosts to be confused about which platforms they should list on when it comes to ‘Mid Term Rentals’ or ‘Monthly Furnished Rentals’. The thing is, each platform may occupy the same space but operate differently. This article explores one of the newest members to the club; MiniStays, and hopefully answers whether or not you should list your property on MiniStays.
What Is MiniStays?
MiniStays revolutionizes the way you list or find monthly furnished rentals with its user-friendly, unique platform. Specializing exclusively in stays longer than 30 days, MiniStays offers a comprehensive booking experience that sets it apart from traditional options like Airbnb and FurnishedFinder. While these platforms have dominated the market for years, they fall short in providing the complete package of ease, affordability, and essential tools. MiniStays addresses these gaps by combining the best features of its predecessors to deliver an unparalleled platform tailored to the needs of monthly rental users. Early adopters have enthusiastically endorsed MiniStays, recognizing it as a long-awaited solution for this niche market.
What Makes MiniStays Different?
MiniStays combines the best elements of marketplaces like Airbnb and FurnishedFinder. Below are just some of the features MiniStays offers that make it the ultimate platform to list and book your mid term rentals:
In a nutshell:
- It’s FREE to list your property on MiniStays!
- Low Fees!
- All users are verified via ID check, email, and phone number verification so you can feel comfortable knowing that who you’re talking to is actually who they say they are.
- Secure payments through the MiniStays platform.
- Hosts can collect security deposits.
- Payments are made every 30 days and are pro rated accordingly, so there’s no more lost days of revenue or needing to do calculations to figure out how much is owed.
- User friendly dashboards to track and edit reservations.
- Hosts can request background checks from guest right through the platform.
- Hosts can choose their cancellation policies and they are automatically enforced when a Guest cancels.
How Do Payments Work? Who Pays and How Much?
MiniStays believes if full transparency, especially when it comes to payments, which can be frustrating when it comes to other platforms. MiniStays makes it very affordable for hosts to list and rent their properties.
Hosts
It’s completely free to list your property on the platform.
The only fee a host pays is the 2% service fee.
This low fee structure allows hosts to maximize their earnings while benefiting from MiniStays’ platform and services.
Guests
MiniStays charges a service fee of 3-5%:
- 3% for bank transfers (ACH)
- 5% for credit/debit card payments
This fee is applied to each payment, including the initial booking and subsequent monthly rent payments.
The exact amount for each monthly payment is shown on the checkout page before a guest completes their booking.
When a guest books, they’ll pay:
- Security deposit
- MiniStays service fee
On the move-in date, guests will be charged:
- First 30 days of rent
- Cleaning fee (if applicable)
- Pet fee (if applicable)
- MiniStays service fee
After that, the guest will be billed every 30 days for rent plus the service fee until the term ends.
There are no hidden fees – all charges are clearly displayed on the checkout page.
Should You List On MiniStays?
Now that you know how MiniStays works, it’s time to decide if you should list your property on MiniStays. Here’s our observations.
MiniStays makes it simple to list your property. MiniStays is the most complete and user friendly platform for ‘Mid Term Rentals’ and ‘Monthly Furnished Rentals’, in which way you are in full control of your calendar, pricing, rules, and how you connect with guests.
MiniStays is quickly becoming the go to source for thousands of users looking to list or book their next Monthly Furnished Rentals. If you’re in the Mid Term Rentals space, listing on MiniStays is a no-brainer.
At MiniStays, we cater to a wide variety of travelers, each with unique needs. Many of our guests are travel nurses or other traveling professionals who prefer accommodations near larger cities or hospitals. Those in warmer climates can also find success due to the growing popularity of Snow Birding. In addition, we see a growing number of technology professionals, military personnel, graduate students, construction workers, professional athletes, and more. With such diverse guests, property uses and locations vary greatly. Listing your property on MiniStays is free, so it’s definitely worth giving it a try!
