Peerspace

Peerspace is a peer-to-peer marketplace for booking hourly venues for meetings, productions, and events. It allows property owners to rent out their homes, studios, lofts, or galleries to photographers, filmmakers, and corporate teams. Unlike Airbnb which focuses on overnight stays, Peerspace focuses on hourly daytime usage.

For hosts, this can be incredibly lucrative, often earning more per hour than long-term tenants pay per day. The platform handles the booking, payment processing, and provides liability insurance. It is a legitimate and professional platform for monetizing unique architectural spaces or creative studios.

Frequently Asked Questions

1. How much can I earn?

Hosts set their own hourly rates; a unique home might rent for $100/hr, while a professional studio might command $500/hr. Active hosts in major cities like LA or NY can earn thousands of dollars a month from just a few bookings.

2. specific insurance?

Yes, Peerspace provides a $1 million general liability policy that covers hosts for third-party bodily injury and property damage claims. However, this does not replace your primary homeowner's insurance, and you should check your policy for exclusions.

3. What kind of events are booked?

Bookings range from photo shoots and music video productions to off-site company meetings, baby showers, and yoga classes. You can set rules regarding what types of activities are allowed in your space.

4. specific service fees?

Peerspace charges hosts a service fee of 15% on every booking. This fee covers the cost of the platform, marketing, support, and the insurance policy. There are no upfront listing fees.

5. How do I get paid?

Peerspace processes payments via direct deposit (ACH) to your bank account. Payouts are initiated 7 days after the booking takes place, though the funds may take a few additional days to appear in your account.