Earnings & Payouts

Understanding how you earn money and receive payments on Paddii is essential for successful hosting. This guide covers everything about earnings, payouts, and platform fees.

How Earnings Work

Payment Flow

Tenant/Buyer Payment → Paddii Platform → Your Bank Account

1. User Books/Pays: Tenant or buyer makes payment through Paddii
2. Platform Processing: Payment is held securely by Paddii
3. Payout Release: After booking confirmation, funds are transferred to you
4. Bank Transfer: Money arrives in your linked bank account within 24-48 hours

Your Earnings

Booking Commission

As a property owner on Paddii, you earn from successful rentals, sales, and event bookings. Paddii charges a 3% commission on every successful transaction:

Property Type	Your Earnings
Rentals	97% of rental amount
Sales	97% of sale price
Event Spaces	97% of booking amount

Example:

Rental Amount:              ₦200,000
Booking Commission (3%):    - ₦6,000
─────────────────────────────────
Your Earnings:              ₦194,000

Low Commission

At just 3%, Paddii offers one of the lowest commission rates in the industry, helping you keep more of what you earn.

Earnings Breakdown by Property Type

Rental Properties

What You Earn:

• 97% of monthly rent payments
• 97% of security deposits (refundable to tenant)
• 97% of any agreed rental fees

Example Monthly Income:

Monthly Rent:               ₦250,000
Platform Fee (3%):          - ₦7,500
─────────────────────────────────
Your Earnings:              ₦242,500

Event Spaces

What You Earn:

• 97% of event booking fees
• 97% of any additional charges (extended hours, equipment, etc.)

Example Event Income:

Event Booking:              ₦150,000
Platform Fee (3%):          - ₦4,500
─────────────────────────────────
Your Earnings:              ₦145,500

Property Sales

What You Earn:

• 97% of the sale price

Example Sale Income:

Sale Price:                 ₦15,000,000
Platform Fee (3%):          -   ₦450,000
─────────────────────────────────
Your Earnings:              ₦14,550,000

Verified Account Subscription

The only other cost besides the 3% booking commission:

₦4,000/month for Landlords & Agents

Everything You Get:

• ✓ Verified badge on all your listings
• ✓ Priority placement in search results
• ✓ Featured listing placement (no extra cost!)
• ✓ Promoted ads and marketing (included!)
• ✓ Social media promotion
• ✓ Email newsletter inclusion
• ✓ Homepage featured placement
• ✓ Access to analytics dashboard
• ✓ Professional credibility
• ✓ Higher booking conversion rates
• ✓ Customer trust and confidence

First Month Free

New landlords and agents get their first month of verification free when they publish their first property!

Why Verification Pays for Itself

The Impact:

• 3-5x more profile views
• 2x higher booking rate
• Faster tenant/buyer connections
• Premium positioning in search results
• Professional credibility badge
• All marketing and ads included

ROI Example:

Monthly Subscription:       ₦4,000
Extra Booking (1):          +₦200,000
Your Earnings (97%):        ₦194,000
─────────────────────────────────
Net Benefit:                ₦190,000

Just one additional booking per month more than pays for the subscription.

All Marketing Included

With your verified subscription, Paddii handles all marketing, featured placements, and promotional ads at no additional cost to you. We promote your properties on social media, Google Ads, email campaigns, and our homepage.

Setting Up Payouts

Adding Your Bank Account

Before you can receive earnings:

1. Navigate to Dashboard → Settings → Payment Methods
2. Click Add Bank Account
3. Enter your bank details:
   • Bank name
   • Account number
   • Account holder name (must match your ID)
   • Bank verification number (BVN)
4. Complete one-time verification
5. Save and set as default

Security Note

Never share your Paddii login details with anyone. We'll never ask for your password or BVN via email or phone.

Payout Schedule

Standard Payout Timeline:

• Event bookings: 24-48 hours after check-in
• Rental deposits: 24-48 hours after move-in
• Property sales: 24-48 hours after deal completion

Minimum Payout:

• Standard minimum: ₦5,000
• No minimum for verified accounts

Understanding Your Earnings Dashboard

Access detailed financial information at Dashboard → Earnings:

Overview Cards

• Total Earnings: Lifetime earnings across all listings
• This Month: Current month's earnings
• Pending Payouts: Awaiting transfer
• Next Payout: Upcoming scheduled transfer
• Active Listings: Number of published properties
• Total Bookings: All-time booking count

Transaction History

View all your earning transactions:

• Date and time
• Property name
• Transaction type (rental, sale, event)
• Gross amount
• Platform fee (3%)
• Net earnings
• Payout status

Status Indicators:

• 🟡 Pending: Awaiting payout schedule
• 🟢 Paid: Transferred to your account
• 🔵 Processing: Transfer in progress
• 🔴 Failed: Issue with transfer (contact support)

Revenue Breakdown Example

Property A Rental:          ₦194,000
Property B Rental:          ₦242,500
Property C Event:           ₦145,500
────────────────────────────────
Total Monthly Earnings:     ₦582,000

Maximizing Your Earnings

Multiple Properties Strategy

Scale your income by listing multiple properties:

Income Scaling Example:

1 Property @ ₦200k/month:   ₦194,000 (after 3% fee)
3 Properties:               ₦582,000/month
5 Properties:               ₦970,000/month
10 Properties:              ₦1,940,000/month

Pricing Strategies

Competitive Pricing:

• Research similar properties in your area
• Price competitively to attract quality tenants
• Consider seasonal adjustments for event spaces
• Premium pricing for verified accounts

Event Space Optimization:

• Weekend premium pricing (+30-50%)
• Holiday special rates (+50-100%)
• Corporate package deals
• Early booking incentives

High-Quality Listings

Maximize bookings with professional presentations:

• Professional photography
• Detailed, accurate descriptions
• Complete amenity listings
• Quick response times to inquiries
• Maintain excellent reviews

Verification Benefits

Verified accounts see significantly higher booking rates:

• Appear more trustworthy to potential tenants
• Priority in search results
• Access to featured listing opportunities
• Analytics to optimize your listings
• Professional credibility

Tax Considerations

Understanding Tax Obligations

What You Need to Know:

• Rental income is taxable
• Property sales may have capital gains tax
• Keep detailed records of all transactions
• Platform fees may be tax-deductible expenses
• Consult a tax professional for advice

Deductible Expenses:

• Property maintenance and repairs
• Renovation and improvement costs
• Platform subscription fees (₦4,000/month verification)
• Property management fees
• Insurance premiums

Records to Maintain

• All payout statements from Paddii
• Transaction history downloads
• Property expense receipts
• Improvement and renovation invoices
• Verification subscription receipts
• Bank statements

Annual Tax Statement

Paddii provides comprehensive tax documents:

• Annual earnings summary
• Transaction breakdown by property
• Platform fee details
• Monthly revenue reports
• Export for tax preparation software

Access at: Dashboard → Earnings → Tax Documents

Common Questions

"How much can I realistically earn?"

Single Property Example:

Monthly Rent:               ₦200,000
Platform Fee (3%):          - ₦6,000
────────────────────────────────
Monthly Earnings:           ₦194,000
Annual Earnings:            ₦2,328,000

Multiple Properties (5):

Average Rent per Property:  ₦200,000
Total Monthly Rent:         ₦1,000,000
Platform Fee (3%):          - ₦30,000
────────────────────────────────
Monthly Earnings:           ₦970,000
Annual Earnings:            ₦11,640,000

"Is the verified subscription worth it?"

Quick ROI Check:

• Subscription cost: ₦4,000/month
• Just 1 extra booking covers the cost
• Verified hosts book 2x faster
• Higher quality tenants
• Better long-term retention

Answer: Yes, if you're serious about hosting and want consistent bookings.

"What fees do I pay to Paddii?"

Simple Answer:

• 3% commission on all successful bookings and sales
• ₦4,000/month for verified account (includes ALL marketing, ads, and featured placements)

That's it! No hidden fees, no surprise charges, no extra costs for marketing.

"When will I receive my money?"

Standard Timeline:

• Payouts processed 24-48 hours after booking confirmation
• Funds arrive in your bank within 24-48 hours after processing
• Total time: 2-4 days from booking confirmation

For Faster Payouts:

• Verified accounts have no minimum payout threshold
• Standard accounts need ₦5,000 minimum

Payout Issues & Support

Common Issues

Payment Delayed?

1. Check payout schedule (24-48 hours after booking confirmation)
2. Verify bank details are correct and verified
3. Ensure minimum threshold met (₦5,000 for non-verified)
4. Contact support if overdue (48+ hours)

Wrong Amount?

1. Review transaction details and fee breakdown (should be 3%)
2. Check for any booking cancellations or refunds
3. Verify booking was confirmed (not pending)
4. Contact support with transaction ID

Account Issues?

1. Verify bank account status is active
2. Re-verify BVN if prompted by the system
3. Update any changed bank details immediately
4. Contact both your bank and Paddii support

Getting Help

Support Channels:

• 📧 Email: hey@paddii.com
• 📱 Phone: Available in dashboard
• 📄 Help Center: help.paddii.com

Include When Contacting Support:

• Your host ID
• Transaction ID or booking reference
• Property name
• Issue description with dates
• Screenshots if applicable

Success Tips

Start Simple, Scale Smart

Month 1:

• Focus on your first property
• Master the platform features
• Build excellent reviews
• Learn what tenants/buyers want
• Optimize your listing

Month 2:

• Consider verification subscription
• Improve photos and descriptions
• Add 1-2 more properties if ready
• Experiment with pricing strategies

Month 3:

• Scale to 3-5 properties
• Consider featured listings for top performers
• Build consistent 5-star reviews
• Optimize pricing based on analytics

Professional Hosting

Stand out from the competition:

Response Time:

• Reply to inquiries within 1-2 hours
• Keep your calendar updated
• Be available for viewings

Quality Standards:

• Professional photos (or hire a photographer)
• Accurate, detailed descriptions
• Clean, well-maintained properties
• Excellent communication

Reviews Matter:

• Every 5-star review boosts your ranking
• Respond professionally to all reviews
• Address concerns quickly
• Build long-term tenant relationships

Pricing Optimization

Research Your Market:

• Check similar properties in your area
• Consider location, amenities, and size
• Adjust seasonally (especially for events)
• Test different price points

Premium Pricing Opportunities:

• Newly renovated properties
• Prime locations
• Unique amenities
• Verified account badge
• Excellent review history

Resources

• List Your Property
• Dashboard Guide
• Best Practices
• Payment Policy

Ready to Start Earning?

Go to Earnings Dashboard

Track your income and payout history View Earnings →

Get Verified

Boost your bookings by 2x with a verified badge Become Verified →

Set Up Payouts First

Make sure your bank account is connected before your first booking Configure Payments →