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# Smart rates & prices

# Smart rates & prices

Uplisting’s smart rates solve the disparity of different commission structures so you always earn the same amount, no matter where your booking comes from.

## Why do we need smart rates?

Each booking site offers different commission structures. Booking.com charge a host commission (\~15%) on the rate you set, whereas Airbnb offers the option to a. split the commission between the host (3%) and the guest (6–20%), or b. for the host to pay all the commission (14%). VRBO (Homeaway) charge 5% commission to hosts and 4% to 9% to guests.

> 📘 When connecting to an official partner like Uplisting (and depending on your location, Airbnb changes the commission structure to be 15% of the rate you set. The guest is not charged any fee. See our [ultimate guide to Airbnb service fees](https://www.uplisting.io/blog/guide-to-airbnb-service-fees)

## How do Uplisting smart rates work?

Easy. You set the rate you want to on a nightly basis (we call that your take-home rate) and Uplisting will work out the commission calculation for you prior to syncing with Airbnb, Booking.com and Vrbo (HomeAway).

### Booking site markups

Uplisting defaults the markup added to each booking site, however, you have control over this and can set whatever markup (or markdown) you want.

**How to:**\
Learn how to set [custom booking site markups here](https://uplisting.crisp.help/en/article/custom-booking-site-markup-f3ww1j/)

## How do I update rates?

### There are 3 ways to change rates:

1. Update your base rates (under the pricing tab on your property settings, [see here](https://uplisting.crisp.help/en/article/pricing-mugebr/)
2. Set a spot rate by selecting the take-home rate directly on the calendar (eg. select 400 in the image above)
3. Update rates in bulk (over multiple dates and properties)

**How to:**

[How to set and change rates on Uplisting](https://uplisting.crisp.help/en/article/how-to-set-and-change-rates-on-uplisting-9norvt/)

### How do I know what rates are synced?

You will notice a 'hidden rows' button on the right-hand side of the calendar toolbar. Selecting this allows you to show and hide booking site rates (and other information), as shown below.

![2872](https://files.readme.io/6ad7553-booking-site-markup.png "booking-site-markup.png")

## Common questions

1. **Will my rates on[Booking.com](https://app.uplisting.io/) be much higher than on Airbnb?**\
   No. When including all commissions (guest and host), prices are relatively similar.

2. **Doesn't[Booking.com](https://app.uplisting.io/) require price parity?**\
   No, not with other bookings sites.