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Paying for a vacation rental though PayPal
Posted on 6/16/17 at 6:15 am
Posted on 6/16/17 at 6:15 am
I found a villa in St. John I am thinking about renting in late July. The owner typically takes payment through check or PayPal only, to avoid fees and taxes I assume. Is this safe to pay through PayPal? I don't want to get down there and not have a place to stay...
4
Posted on 6/16/17 at 6:27 am to Chilton4Bama
It is pretty standard with online rentals in Europe to pay via paypal. I've done it about 6 times with no problems.
Posted on 6/16/17 at 6:37 am to Spirit of Dunson
Paypal usually sides with the buyer in disputes. They are known to screw over the seller in toss ups, so you should be fine.
This post was edited on 6/16/17 at 6:38 am
Posted on 6/16/17 at 8:15 am to Chilton4Bama
I've used it several times to book overseas without issue.
Posted on 6/16/17 at 8:20 am to Chilton4Bama
As a vacation owner I've used PayPal in the past. It's just a payment processor, as said you will be protected by PayPal there's not really a way for them to scam you through PayPal and get your money. Make sure the place has plenty of reviews and tell them to put the name of the place, dates you are staying, address, and your name on the PayPal invoice. Basically you want all the important details on the invoice, so that if there is an issue it's easier to resolve with PayPal.
Vrbo and Airbnb charge large fees to use them, 5% or more. So to book through them would cost you 5% more and they get all your info and spam the hell out of you.
Vrbo and Airbnb charge large fees to use them, 5% or more. So to book through them would cost you 5% more and they get all your info and spam the hell out of you.
Posted on 6/16/17 at 10:29 am to baldona
quote:
there's not really a way for them to scam you through PayPal and get your money
He likely won't have any issue renting on this trip, but this statement above is not true. Harder now than it used to be, but scamming through PayPal still happens.
Posted on 6/16/17 at 10:34 am to LSU
quote:
He likely won't have any issue renting on this trip, but this statement above is not true. Harder now than it used to be, but scamming through PayPal still happens.
Explain please? You can certainly be scammed no matter how you pay, my point is simply that its not like wiring money or sending them a check. Paypal is a trusted credit card processor, as long as you have the proper information on the invoice you are paying I think it is a very time trusted method.
Posted on 6/16/17 at 10:54 am to baldona
quote:
Explain please?
Sellers can disappear with the money and PayPal had no recourse in some instances. Happened to myself & at least 3 others I know at various times over the past few years.
I still trust PayPal and use it for a couple hundred transactions per year, but it's not immune from being scammed.
Posted on 6/16/17 at 12:27 pm to Chilton4Bama
I recommend getting a contract. Two resources for ideas are Redweek and tug2.net. They are build for timeshare rentals/sales but it'll give you some ideas how to protect yourself renting directly from the owner.
Posted on 6/16/17 at 12:31 pm to baldona
quote:
Vrbo and Airbnb charge large fees to use them, 5% or more. So to book through them would cost you 5% more and they get all your info and spam the hell out of you.
My understanding is that airbnb holds payment from seller until sometime after check in. I'm personally comfortable with the fees because I look at the fees as security that I'll get what I paid for.
Posted on 6/16/17 at 1:15 pm to Parrish
quote:
My understanding is that airbnb holds payment from seller until sometime after check in. I'm personally comfortable with the fees because I look at the fees as security that I'll get what I paid for.
It depends on the Airbnb cancelation policy. Yes generally it is the day of or day after arrival. But sometimes it can be 60 days prior to arrival if that is the owners cancelation policy.
The issue with that 5% is that's basically pure profit they are taking from an owner, which while it may be 5% of your cost it could be 25% plus of the owners profit. Which is a ton.
But more importantly, Airbnb and VRBO's customer service for guests suck. Their preventative measures are pretty good though. But if you arrive somewhere and the place is not what you expected, Airbnb is not necessarily someone you want helping you to find a new place to stay. I've never dealt with that specifically, but I've dealt with their customer service as an owner.
This post was edited on 6/16/17 at 1:18 pm
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