Dockage Link Fee Schedule
Last revised March 2nd, 2021
Dockage Link is a platform that connects dockage owners and boat owners and provides them with a method to rent dockage space simply and effectively.
THERE ARE NO FEES FOR CREATING A DOCKAGE LINK ACCOUNT. There are two types of fees that may be assessed for listing or renting listings. These fees depend on whether the listing owner decides to register their listing as subscription-based or full-service.
Listing owners will be charged a recurring subscription rate for each month their listing is active on the Dockage Link platform. Currently, the subscription is set at $10 USD per month after a 7 day free trial. Once a subscription is created, the owner can pause, reactivate, or cancel the subscription at will through the Dockage Link app. For subscription-based listings, Dockage Link will not charge any fees or process any payment beyond the monthly subscription and the owner is responsible for working out all final payment details with the renter(s).
Transaction fees are only charged when a dockage listing is successfully booked (i.e. paid for). For successful transactions, the dockage owner will be credited the entire transaction amount minus the following fees:
1) Stripe.com payment processing fee. This fee is subject to Stripe.com's standard published processing rate as detailed here. Currently, this fee is 2.9% + $0.30 of the total transaction price.
2) The Dockage Link platform charges a fee for maintaining and updating its website and mobile apps. In order to provide its services, Dockage Link currently charges a fee of 10% of the total transaction amount unless otherwise stated. Dockage Link reserves the right to change this fee percentage from time to time, to allow for promotions or otherwise. However, listing owners will be notified well in advance (at least 30 days prior) to changing this fee. If this fee is changed, it will not affect bookings made prior to the fee change notification period that will be indicated in the fee change communication to the listing owner.
Example: A boat owner successfully books a dock listing in the total amount of $50. After the transaction is processed, the dock owner's account will be credited the total transaction amount ($50) minus a Stripe.com transaction fee of $1.75 (2.9% + $0.30) minus a Dockage Link fee of $5 (10%), or $43.25.
NOTE: The described fees are charged by Stripe.com and Dockage Link for services provided by their platforms. Taxes are NOT included in these fees and will ultimately be the responsible of the dockage owners.