So, you’re interested in renting your motorcycle on Riders Share? Well, here’s everything you need to know about becoming a host for Riders Share.
What Is Riders Share?
Riders Share is the first and largest motorcycle sharing marketplace that allows you to rent a motorcycle or list your own to make money. The company has completed over 15,000 successful rides.
How Does Riders Share Work For Owners?
After users pick a bike, they’d like to rent, they can message the owners and send a booking request. When a renter registers with Riders Share, a background check and credit check will be processed.
Once an owner and renter have agreed on terms, the owner has 48 hours to approve the booking request. Renters may cancel the booking with no penalty prior to approval. After an owner approves a booking, renters receive their contact info, including exact location and phone number.
Requirements To Rent Motorcycle, Scooter, Or Trike On Riders Share
- Newer than 20 years old.
- Street Legal.
- Clean titled (not Salvage).
- Properly registered and meets minimum state requirements.
- Well maintained and not a danger to the rider.
How Meeting Renter Works On Riders Share
- Communicate to arrange a meeting
- Meet them for key handover
- Do an inspection and get both parties to sign the doc
- Communicate to arrange drop-off
- Meet to do a final inspection and sign-off
Slow Man Men’s Running Shoes
Women’s Jazz Shoes Lace-up Sneakers
How Much Can You Make Renting Your Motocycle On Riders Share
On Riders Share host have control over the daily price of their bike and can also give discounts for longer rentals. The company with take a 15% to 40% cut of the rental price you set depending on your choice of protection plan. Once a rental is complete you will be paid in 5-7 days.
Protection & Commission Options
Standard
- Your Cut: 70%.
- Coverage: $30,000.
- Mechanical Repairs: Not included.
- Loss of income: Not included.
Premium
- Your Cut: 60%.
- Coverage: $30,000.
- Mechanical Repairs: Included.
- Loss of Income: Included.
Commercial
- Your Cut: 85%.
- Coverage: No coverage.
- Mechanical Repairs: Not included.
- Loss of Income: Not included.