Updated August 7, 2019
This is an overview of fees on Garagetime for creating a listing, accepting a booking request, and also booking fees by users. These fees are also referenced in the Terms of Service (Service Agreement) and are accepted fees by using this platform.
If you have questions at any time regarding fees, please email us at email@example.com.
1. Why do we charge fees
Garagetime is an independently owned company, which relies on the support of it’s marketplace members. We charge fees to help keep the doors open and continue to help DIY Users find workspace.
2. Garagetime booking transaction fees
There are no fees to sign-up for Garagetime or to create and maintain a listing.
Garagetime retains 10% of each booking as a transaction fee. This amount is deducted from the booking total amount when you accept a booking request. Please make sure that you also included all local taxes, fees, and account for any other expenses in your hourly price offered, since Garagetime does not and is not liable to pay for these. You are also responsible for reporting all income generated from garage bookings per government and local regulations and codes. We may withhold a booking transaction in the event of a dispute or other event per the Services Agreement.
DIY User (Booking) Fees:
Garagetime charges 10% for the total of each booking as a service fee. This amount is automatically added to the total amount shown on the booking total prior to a booking request being sent. This amount is charged to the account you entered for payment when a booking request is accepted. All booking requests will automatically expire 72 hours after sent if not accepted by the studio listing owner. In the event of a dispute or other event, the transaction amount may be withheld per the Services Agreement.
1. Overtime fees
In the event that a booking exceeds the timeframe of the original booking agreement, the garage is responsible for collecting additional payment for the garage usage, garage services, or other additional fees agreed upon. Since this is outside the booking agreement on the Garagetime platform, Garagetime is not liable for collecting this payment or any circumstances outside the original booking agreement.
2. Fines for damage
We try to avoid all events of damage, but in the rare event that damage to the garage property, equipment, or other takes place during the time period of the booking agreement, the enthusiast (user booking) is directly responsible for these fees. As defined in the Services Agreement, the user is liable for this damage and Garagetime may collect this if required. It is encouraged for both the garage and user to work through this directly since it is usually best between both parties directly. Garages are also encouraged and in some instances required to have their own General Liability (GL) insurance policies per our Service Agreement for this very reason. If you need to report damage to your garage, equipment, please take the proper action to first contact any local authorities if necessary, your insurance provider, and also notify us immediately at firstname.lastname@example.org.