Particularly, the host always want to validate the tenants won’t damage the house and have enough money to pay. Such promises are exclusively important for the host, but since they don’t usually have time and ability to do credit check or criminal background check for their short-term tenants, their agent, in this case, Airbnb has the duty to do it. Airbnb is essentially the agent who helps homeowners to find their short-term tenants and make a desire profit. Indeed, besides the tax they pay to government, homeowners also pay a 3% service fee to Airbnb as a compensation for each successful transaction. Just like real estate intermediary charges an agent
Particularly, the host always want to validate the tenants won’t damage the house and have enough money to pay. Such promises are exclusively important for the host, but since they don’t usually have time and ability to do credit check or criminal background check for their short-term tenants, their agent, in this case, Airbnb has the duty to do it. Airbnb is essentially the agent who helps homeowners to find their short-term tenants and make a desire profit. Indeed, besides the tax they pay to government, homeowners also pay a 3% service fee to Airbnb as a compensation for each successful transaction. Just like real estate intermediary charges an agent