Unlocking trust, convenience, and financial flexibility with HousingAnywhere payouts

For the property providers, HousingAnywhere payouts eliminates concerns such as payment delays, currency conversion complexities, and fraud.

HousingAnywhere

2 minute read

·

Updated on 21 Mar 2024

One of the benefits of listing properties online is that it allows tenants worldwide to rent out your property. But as a property provider, you might question, can I trust the person on the other side of the screen to make the payments on time, or will collecting rent be a hassle?

These concerns are further heightened when dealing with tenants from around the world. Can I receive payments in different currencies and bank accounts? Can I confidently track and manage my rental payments without the risk of errors or complications?

To ease your concerns and make it convenient to receive and track rental payments, we have a solution —HousingAnywhere payouts.

But what exactly is a "payout"? A payout refers to the transfer of rent and additional payments to the property owner's bank account after the property is successfully booked out on HousingAnywhere.

Explore below how property providers can enjoy the convenience and financial flexibility of receiving payments with HousingAnywhere payouts.

One of the most significant concerns for property providers when renting out their property is establishing trust with their tenants. When you list your property on HousingAnywhere, you can rest assured that the platform is designed to foster trust from day one.

Trust is established incrementally, and a smooth first transaction creates a sense of professionalism and reliability.

When a tenant expresses interest in your property listed on HousingAnywhere, they are required to make a payment for the first month's rent. Within 48 hours of the tenant's move-in, the rental payment is securely transferred (during business hours) to the property provider's account. This upfront payment by tenants, coupled with the assurance of a guaranteed payout within 48 hours of move-in, serves as a crucial trust-building step for everyone.

For the property providers, HousingAnywhere payouts eliminates concerns such as payment delays, currency conversion complexities, and fraud.

Many property providers who list on HousingAnywhere have properties in different locations or countries, each requiring a separate bank account for rent collection. To offer property providers an overview of payments made by tenants across multiple bank accounts, HousingAnywhere seamlessly links multiple bank accounts to one profile. This means that property providers can receive payments from tenants worldwide in different accounts and still have the full overview from one platform. Choosing this option will streamline the process and reduce the need for complex financial transfers.

Similar to multiple bank accounts, dealing with different currencies can be a hassle and may involve additional fees for currency conversion. HousingAnywhere eases this burden by enabling property providers to receive rental payments in various currencies. This feature eliminates the need for currency conversion, ensuring you receive funds in the currency you prefer, saving both time and money.

Efficiently managing all rent-related payments is crucial for both property providers and tenants. HousingAnywhere simplifies the process of requesting, receiving, and recording rental payments like rental deposits and collection of utility bills:

Request Payments: You can send payment requests to your tenants directly through the platform. This feature ensures that tenants are reminded of upcoming rent payments, reducing the chances of late payments.

Automatic Payments Reminders: HousingAnywhere offers the option of sending automated payment reminders to your tenants, ensuring you receive your payments on time.

Payment Tracking: The platform provides a comprehensive payment history, allowing you to track all transactions related to your property. This feature simplifies record-keeping for tax purposes and financial planning.

In essence, HousingAnywhere transforms doubts into trust, complexity into simplicity, and financial concerns into confidence. It equips property owners with the tools they need to thrive in today's rental landscape, offering a worry-free path to successful online rentals.

If you need help with any of our features, feel free to contact our support team.