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Updated about 3 years ago on . Most recent reply

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Daniel Kyle
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Dynamic pricing software

Daniel Kyle
Posted

I just bought my first short term rental cabin in the smokies.  My wife and I plan on self managing.   I was wandering if anyone had any advice or recommendations on software for dynamic pricing and platforms to help manage?  I have looked at several but was hoping for some feedback on some on them before purchasing.  Or if they are even worth purchasing.  Thanks 

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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
15,152
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12,445
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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
Replied

The best way is free.

Manually check your competition once a quarter and adjust you price based on the specific comps that are your best comparable properties.

Software Might take into account a mobile home or some other property not similar. It might just look at one platform and not multiples.

I get most all my bookings from Vrbo so look at comps there.

  • John Underwood
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