Splacer

What: An online platform and marketplace for people to list, discover and book venues for events

Commissions & fees: 15% of the rental amount

Expected pay: $50 or more/hour

Where: New York, San Francisco, Los Angeles, Miami and Chicago

Requirements: Space to rent, able to sign a legal contract and obtain any licenses necessary to rent out your real estate as a venue

Review:

PROS:

  • When you list your space, you have to get approved by the site
  • Choose an hourly rental rate
  • You get 85% of the rental rate, 15% is taken by the site as commission, 5% is charged to the renter as a processing fee
  • They market your space to their clients for you
  • $1 million liability policy that covers owners (for instances like someone was hurt on the property or damages your space.)
  • The site collects the full amount of the booking upfront and puts the payment in escrow until the day after the event.
  • You get paid within a week of the event by direct deposit. 

CONS:

  • Splacer imposes at least a $100 fee for any cancellation and may also charge a 5% processing fee. If you cancel more than one event in 6 months, you and your venue will be booted from the platform.

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