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Updated about 3 years ago on . Most recent reply
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Dynamic pricing software
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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- Investor
- Greer, SC
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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.