Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Short-Term & Vacation Rental Discussions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago on . Most recent reply

User Stats

10
Posts
8
Votes
Susan Ticson
  • Bethlehem, PA
8
Votes |
10
Posts

Evolve driving down market pricing

Susan Ticson
  • Bethlehem, PA
Posted

Evolve seems to be entering the Poconos vacation rental market rapidly; unfortunately, it appears they seem to be driving down the market pricing by trying to capture more market share.  They are charging the same price per night even for weekends or special event weekends.  If this continues it will only have a negative impact for everyone with short term rentals in the poconos by driving their pricing down to be competitive with Evolve pricing.  Evolve seems to only be capturing weekends anyway with their pricing model.  It would be greatly appreciated if anyone can shed some light or share their experiences/opinions.

Thank you,

Most Popular Reply

User Stats

533
Posts
433
Votes
Michael Greenberg
  • Investor
  • Denver, CO
433
Votes |
533
Posts
Michael Greenberg
  • Investor
  • Denver, CO
Replied

I agree with @Luke Carl that you can charge what you think your home is worth.  Evolve is working to get you occupancy, not the highest rate (though they advertise they can increase your income).  Depending upon which OTA's you are using, you can do your own research among you local competitors and adjust your rates accordingly.    

Loading replies...