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Pricing and Fees

3 Articles
What are the Commission Fees for Global Experts on CoHostMarket

Understanding our service fees is key for freelancers, especially those offering online services, consultations, or digital products. At Cohostmarket, we have a tiered subscription system tailored to different freelancer needs. Here's a breakdown of the commission fees based on membership tiers:  Basic Subscription:  Cost: Free Registration Commission Fee: 20% of the total service cost. As a Basic member, you'll be charged a 20% commission fee on the total service fee you charge your clients. This fee covers platform maintenance, security, and ensures that we can continue providing exceptional service to our community. For instance, if you charge $100 for a service, CoHostMarket's commission will be $20 Platinum Subscription:  Montly Subscription: $9.90 /per month Commission Fee: 15% of the total service cost. Consultation Lenght: Maximum of 40 Minutes  Upgrading to Platinum Membership reduces your commission fee to 15%. This tier is designed for more active experts seeking greater visibility and reduced costs. For a service priced at $100, the commission would be $15, giving you a higher earning potential. Elite Subscription: Montly Subscription: $19.00 /per month Commission Fee: 10% of the total service cost. Consultation Lenght: Maximum of 40 Minutes  Elite Membership, our premium tier, offers the lowest commission fee of 10%. This tier is tailored for our most dedicated and high-performing experts who require maximum visibility and the lowest possible transaction costs. For a $100 service, your commission would be just $10. Maximizing Earnings: By choosing a higher membership tier, you can significantly reduce your commission fees, leading to higher net earnings. Transparency: Our commission structure is straightforward and transparent, ensuring you can easily calculate your earnings. Reinvestment in Services: The commission fees contribute to the continuous enhancement of the platform, ensuring a safe, efficient, and robust marketplace for all users. By selecting the membership tier that aligns best with your business goals, you can optimize your earnings while contributing to the growth and sustainability of the CoHostMarket community. Remember, choosing the right tier can make a significant difference in your overall success on the platform.

What commission fee is charged to buyers on this platform

Our platform implements a tailored commission fee structure for buyers, depending on the type of service they choose. For those looking to hire local service providers, such as Airbnb co-hosts, house cleaning services, or virtual assistants, we charge a nominal Interview fee of $5. This fee facilitates the connection between buyers and service providers and covers the initial screening process. For purchases related to online services and consultations, we apply a 10% commission fee at checkout. This fee is crucial in maintaining a high-quality marketplace. It helps in ensuring secure transactions, and providing robust customer support, thereby enhancing the overall experience on our platform. This structure is designed to sustain the integrity and reliability of our marketplace, ensuring that both buyers and service providers have a positive and fruitful engagement.

How Does Cohostmarket Handle Rounding Estimated Earnings

At Cohostmarket, we aim to make your financial planning as clear and straightforward as possible. That's why we've incorporated a rate calculator that accurately estimates your take-home earnings after deducting necessary fees. When you set your billing rate for clients, we ensure that the exact amount is charged. However, there may be occasions when the final computed fee, after including our commission, results in a figure extending beyond two decimal points. To maintain clarity and simplicity in transactions, we round such amounts to the nearest cent. This approach guarantees transparency in our pricing model and aids you in making well-informed decisions about your service pricing. Our system is designed to support freelancers at every level, from those just starting out to seasoned professionals, by offering subscription plans that deliver exceptional value and help you strategize your pricing effectively.

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