Getting started with commission agreements

A commission agreement controls how an owner is charged for being able to rent out their object through your BEX administration. There are five possible types of commission agreements, each with a different approach to how commission is charged to the owner.

Go to 'Commission agreements' to edit your existing commission agreements or create a new one. A commission agreement is usually applied to multiple owners.

Types of commission agreements

Fixed return on investment

Owners receive a fixed amount per invoice period as their payout, minus the commission which is also a fixed amount.

Main characteristics:

  • The actual income from reservations does not influence the rent settlement.

  • Each rent settlement will contain two line items, the fixed amount of payout and the fixed amount of commission.

  • It is not possible to vary the amounts according to season (date range).

How to set it up: Fixed return on investment

Fixed commission amount per night of a reservation

Owners receive a percentage of the rental income, minus a commission that is a fixed amount per rented night on the object.

Main characteristics:

  • The amount of commission depends on the number of rented nights, and will be deducted from the rental income that the owner receives.

  • It is possible to set a maximum amount of commission per reservation, to avoid charging a lot of commission on a lengthy reservation where the rental income is not proportional.

  • It is possible to vary the fixed commission amount according to season by setting a deviating amount for a certain date range.

How to set it up: Fixed commission amount per night of a reservation

Percentage over rent

Owners receive a percentage of the rental income, minus a commission that is a percentage over the amount that the owners receive. This is most commonly used commission model.

Main characteristics:

  • The commission percentage charged to owners can be differentiated according to the source of the reservation, i.e. the channel of the reservation.

  • VAT over the rental income and commission can be applied in a few different ways.

How to set it up: Commission agreement for percentage over rent

Pool system

Apply to a pool containing a set of objects that divide the collective rental income according to the share of accumulated pool points. The owners receive their share, minus a commission that is a percentage over the amount that the owners receive.

Main characteristics:

  • One pool per commission agreement.

  • Pool points are earned per object, for each rented night. The pool points value of a rented night may vary according to season.

  • A pool point budget may be given to owners to spend on nights they want to stay in their own object.

  • The commission percentage charged to owners can be differentiated according to the source of the reservation, i.e. the channel of the reservation.

How to set it up: Commission agreement for pool system

Fixed amount per night dependent on length of stay

Owners receive a fixed amount per rented night as their payout. No commission is deducted.

Main characteristics:

  • The actual income from reservations does not influence the rent settlement, but the presence and length of reservations does.

  • A default (minimum length of stay 1 night) must always be defined.

  • No commission is deducted, but the park retains the remaining rental income.

How to set it up: Fixed amount per night dependent on length of stay