Faros keeps itself running by charging hosts a 0.9% fee, paid at the time of booking, on the total monthly rent.
For example, if a renter is interested in your space for 3 months at $1,000/month, when the renters book, the service fee is $27 ($3,000 x .009). The service fee appears as a separate line item in your bank account to ensure that the renter's payment appears as whole.