What: GetMyBoat allows you to rent out your watercraft by the hour and/or advertise your water sport lessons
Expected pay: $100+ per hour for renting watercraft with an engine; less for paddle boards & kayaks/ $60 + per hour for lessons
Husl$core: $$$$
Commissions & fees: owner pays 7% of the rental amount for domestic bookings; 10% for international charters. (The site charges renters identical commissions too)
Where: Waterways in most major U.S. cities, as well as 184 countries around the world
Requirements: A boat, jet ski, paddle board or kayak to rent; the ability to provide lessons, tours or charters on some water sport, from surfing to deep-water fishing; a smart phone
Review:
GetMyBoat is one of several sites that aim to be the Airbnb of boat rentals. The theory is that if you already have the boat, why not rent it out when you’re not using it?
Boat rentals are usually arranged by the hour and can include a captain, if the renter (or boat owner) so desires. Where GetMyBoat is a bit different than the other sites is that it does not provide any insurance coverage for your boat, though it can refer owners to commercial liability insurers that owners can contract with separately. (Definitely check your own boat insurance to see if it covers commercial rentals; if it doesn’t, you would want to secure a commercial rider or coverage in some way to protect your boat from damage and you from liability.)
The site also has owners and renters strike separate contracts for the use of their boat. Boat owners are expected to decide on a rental price, determine whether they want a security deposit, decide on cancellation terms (GetMyBoat has three options), and be responsible for making sure that your boat is both seaworthy when it’s rented out and is returned in the same condition.
GetMyBoat is used simply to market the availability of your watercraft and collect payment. Because it includes less in the package, it also appears to be less expensive than some of the other services. However, that may be misleading, depending on what it costs for you to get insurance on your own, for example. Still, the site’s main competitor, Boatsetter, charges a 35% commission for those who need commercial coverage and 15% to those who already have it — about twice the commission charged by GetMyBoat. Payments are made to boat owners within 10 days of the completion of the rental, generally by direct deposit.
The one more thing to be aware of: If you cancel a rental, you’re going to get hit with a cancellation fee that will include the transaction fees, plus $5 to $50. And some users say the phone app is buggy.
What their users say (from iTunes)
This app charges a lot of fees to connect you with boat owners. They charge the customer as well as the boat owner such a large fee that it isn’t even worth it. Communication can only be done through the app and is very slow…won’t allow you to contact the customer until they rent. I lost a lot of business due to the fees and the response time of the app
A brilliant way to rent your boat to people. Had a great trip recently teaching people to sail. Easy to use, simple to book
The app give you almost no options or opportunity to control your listsings data. For instance, they auto place a 5-day grace/cancellation period that you cannot change. he app must be designed by bots as you have almost no control to do anything with it. Then come to find out my first customer who appeared to be real was one of their bots faking an interest in my boat. Is bs. COMPANY RESPONSE: We have substantially improved our options for controlling your listing data on our web platform. Please check it out again and we hope to connect you with some customers soon. We are not bots. I promise.
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Get My Boat’s application does not include blocked dates and other information boat owners provide. Potential renters do not see this information and are not blocked from making requests when the boat is not available. The communication burden is transferred to the boat owner for each inquiry even if that date is blocked on the boat’s calendar. Must of the information posted by the boat owner is not what the potential charter customer or renter will see. That person will only see what Get My Boat has provided within their edits of the information provided by the boat owner. There are good reviews and bad reviews. Most customers have a good experience however remember you are dealing with a middle man, Get MY Boat, not the boat owner. Get My Boat believes they are entitled to service fees no matter what happens. Get My Boat will refund a customer before they will pay a boat owner. There is no loyalty to a boat owner that has provided a good service. I believe you will see boat owners moving their boats off of the application since the company does not understand what it takes to run a boat. Some customers expect to pay a very reasonable price and expect a five star cruise line experience on a 20 foot boat. Support from Get My Boat is provided by who is on duty personnel with their cell phones and the number is private and blocked. Get My Boat only wants communication to be one way.
Horrible! I paid full price and 3 days before the trip I was told that I had to pay extra. Now they are refusing to rerurn my money when I did not know about any extra fee and nobody contacted me until the deadline was met to get a 100% refund.