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Collecting a Key Deposit SOP

Updated over a month ago

This outlines the proper process for collecting, managing, and refunding a $150 refundable security deposit from guests. It includes key messaging, when to collect it, and what to do in cases of missing items or damages.


Why This Matters

Security deposits act as a financial safeguard for hosts, covering potential costs from property damage, missing fobs, or unreturned parking passes. Following this SOP ensures transparency, protection, and a smooth process for both guests and hosts.


What You Need

  • The booking is confirmed

  • Guest has received the booking confirmation message

  • Guest has completed the following:

    • Autohost form

    • Uploaded all guests’ IDs

    • Accepted the security deposit payment request


Steps

1. Send Payment Request After Booking Confirmation

  • Go to the guest's reservation.

  • Select “Request Money” → “Extra Services”

  • Input $150

  • In the Note section, paste this message:

“A refundable security deposit of $150 will be collected. This deposit will be refunded within 24 hours after checkout, provided there is no damage and you have successfully returned the fob and parking pass.”

2. If Guest Declines the Request

  • Kindly remind the guest that the deposit is listed in the Airbnb description under:
    “Things to Know → Additional House Rules.”

3. Before Sending Check-In Instructions

Make sure the guest has:
✅ Completed the Autohost form
✅ Uploaded all guests’ IDs
✅ Accepted and paid the security deposit request

Only send check-in instructions after all three items are completed.


Refund Process (Post-Checkout)

1. Wait 24 Hours After Guest Checkout

  • Review the Damage Claims sheet

  • Confirm there is no damage reported

  • Confirm that the fob and parking pass were returned

2. Refund the Security Deposit

  • Go to the guest's reservation

  • Use “Send Money” to return the $150

  • Send this message to the guest:

“Hi [Guest Name],
We’ve processed your $150 refundable deposit. It should reflect in your account within 7–10 business days. Thank you!”

3. If Items Are Missing or Damaged

  • Notify the guest that the security deposit will not be refunded

  • Reference any damage report or missing item (fob/parking pass) as applicable


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