What: ShareGrid is an online marketplace to rent out high-end cameras and film equipment to other professionals.
Expected pay: Set by you
Husl$core: $$$$
Commissions & fees: Equipment owners pay 15% of the rental amount; Renters pay an additional 5%
Where: Select major cities, including Los Angeles, Atlanta, Seattle and New York.
Requirements: Age 18 or over and able to sign a legal contract
Review:
ShareGrid is an online marketplace where you can rent out (or rent) high-end photography and film equipment. The site charges a reasonable 15% fee to equipment owners (and another 5% to renters). For that fee, owners get a guarantee that covers 100% of your property to $20,000. If your equipment is worth more than that amount, ShareGrid recommends that you buy your own “voluntary parting” coverage, which would kick in if the renter failed to return your equipment or severely damaged it.
Importantly, you need to list all of the components of your rental — anything that could be detatched from the camera, such as lenses and eyepieces, for instance — and value them. Anything that’s not listed is not covered. While most users appear satisfied with the platform and can make good money renting here, complaints usually have to do with an uncovered loss for equipment that failed to qualify for the site’s guarantee.
You set the price of your rentals. But ShareGrid can change your listing price “in order to maintain reasonable rental prices relative to other listings.” If an owner does not agree with a price change, they can refuse to accept the rental request.
What their users say: (from DVXUser)
In late December of 2016 I rented out my FS7 to a production company through ShareGrid. I got the equipment back covered in sand, with parts damaged and missing. I had to pay about $2,000 for the repair of the camera. After 4 months of back and forth with ShareGrid and the renter, I’m $2,000 in the hole. ShareGrid basically told me they are not responsible for the damage even though they facilitated the arrangement and made money off the rental of my equipment. The renter himself has declined to submit my receipts and pictures of the damage to his insurance.
I finally heard back from [ShareGrid] last week and got about about 70% of the damage and losses refunded to me. The renter also lost an eyepiece that I had already replaced twice, from previous renters who lost the same part. The renter refused to acknowledge he lost it, even though I had a sales receipt from immediately before he rented it, and I made sure it was in the case when he picked it up. So I’m still out that $600+
James DeRuvo of DoodleNews says the process worked well for him with multiple rentals, but stresses that you should keep great records, including the serial numbers of all your equipment.
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