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Updated 3 months ago on . Most recent reply

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Christina B.
  • Boulder, CO
50
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Long term: keeping an eye on the RealPage lawsuit

Christina B.
  • Boulder, CO
Posted

Curious how this will play out in the courts (granted it's LTR) and affect pricing products used for STR such as PriceLabs (which I use but have to seriously manually adjust for very specific reasons). I'm aware that many of my competitors use PriceLabs and have wondered what the unseen impact is on pricing (viz. is there an artificial increase in our particular market because of it?). Thoughts?

BTW, I've been trying to post this for several days (ever since the article in WaPo came out). However, I kept receiving errors so am trying to post this now without the link to the article and hopefully, that works.

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

I've seen this in the news.

This doesn't affect me because I'm small time compared to these big companies.

I also don't purchase any pricing software. I don't trust them and it so much more reliable to take a few minutes and look at your real competition to set pricing. 

I also like to be set higher than most of my competition because I only buy really cool properties that are sought after.

  • John Underwood
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