Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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 3 years ago, 06/06/2021

User Stats

21
Posts
7
Votes
Debbie Bone
  • Developer
  • Vancouver, WA
7
Votes |
21
Posts

Vacation rentals - EVOLVE - opinions?

Debbie Bone
  • Developer
  • Vancouver, WA
Posted

Anyone used EVOLVE? I’m leaning towards using them in combo with a good housekeeper for vacation rentals-anyone jump in if you’ve used them for bookings-positive and negative feedback much appreciated. Local companies are charging 40 to 50% fees and aren’t optimizing various platforms ie. VRBO/AirBnb —— need some feedback if you have used EVOLVE only, thanks!

User Stats

12,092
Posts
14,480
Votes
John Underwood
Pro Member
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
14,480
Votes |
12,092
Posts
John Underwood
Pro Member
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
Replied

I only use VRBO/HA and Airbnb. Vrbo keeps my calendar full. 

  • John Underwood
  • User Stats

    7,666
    Posts
    6,199
    Votes
    Michael Baum
    Pro Member
    #1 Short-Term & Vacation Rental Discussions Contributor
    • Olympia, WA
    6,199
    Votes |
    7,666
    Posts
    Michael Baum
    Pro Member
    #1 Short-Term & Vacation Rental Discussions Contributor
    • Olympia, WA
    Replied

    Hi @Debbie Bone! I studied up on Evolve extensively and decided against it. They take 10% off the top. They do all the listings at all the sites. They own those listings and the subsequent reviews. If you decide to leave, you lose all of that and have to start over.

    They do all the communication which, from what I have read, can be hit or miss. Mostly hit to be honest. They seem to do a decent job. You don't have to handle things on that end.

    Personally, I don't want to lose 10% of my gross. I like talking to guests, making sure they are doing ok and the like. I only have one place. It might get old if I had more.

    They say they will boost your revenue but of course that is no guarantee. They do all the variable pricing stuff which can maximize your nightly rate. I don't do that as I hate it myself having to pay a different rate than advertised. I am sure I am giving away some $$$ but I am sticking to it. 

    NREIG  logo
    NREIG
    |
    Sponsored
    Customizable insurance coverage with a program that’s easy to use Add, edit, and remove properties from your account any time with no minimum-earned premiums.

    User Stats

    1,612
    Posts
    629
    Votes
    Ken Latchers
    • Hatfield, PA
    629
    Votes |
    1,612
    Posts
    Ken Latchers
    • Hatfield, PA
    Replied

    they also take 10% from your guests i believe. but they dont mention that.

    User Stats

    322
    Posts
    236
    Votes
    Marcello Di Gerlando
    Pro Member
    • Investor
    • Colorado Springs, CO
    236
    Votes |
    322
    Posts
    Marcello Di Gerlando
    Pro Member
    • Investor
    • Colorado Springs, CO
    Replied

    I have been communicating with them recently to get my STR property on the market at the end of the this month. So far they are communicating very well with me and have forwarded me a ton of resources, including vetted cleaning and maintenance teams, lodging tax firm, tips and tricks and even stats on other areas they support STRs. I hope they are going to be everything they promise. I will be looking out for updates on this firm.

  • Marcello Di Gerlando
  • User Stats

    1,612
    Posts
    629
    Votes
    Ken Latchers
    • Hatfield, PA
    629
    Votes |
    1,612
    Posts
    Ken Latchers
    • Hatfield, PA
    Replied

    again, read what other Forum members here have to say about why they're leaving evolve. What they say what they do are two very different things for the most part

    User Stats

    61
    Posts
    27
    Votes
    Jeff Castro
    • Rental Property Investor
    • San Diego, CA
    27
    Votes |
    61
    Posts
    Jeff Castro
    • Rental Property Investor
    • San Diego, CA
    Replied

    i used them before.. It seems like they just list it and forget it. Pricing was way too low compared to competitors in my area. I switched to a local company here in So Cal called Home Rentals Group and like them. I think they only work So Cal though.

    User Stats

    1
    Posts
    0
    Votes
    Replied
    Originally posted by @Jeff Castro:

    i used them before.. It seems like they just list it and forget it. Pricing was way too low compared to competitors in my area. I switched to a local company here in So Cal called Home Rentals Group and like them. I think they only work So Cal though.

    Can you share contact info to this company? I'm also looking at evolve and want to check different options. Shoot me a PM with contact info/link please.

    User Stats

    1
    Posts
    0
    Votes
    Replied

    Now rethinking my decision to sign on with them in 2018. I am still with them but am looking into other options at this moment. I would have recommended them until I learned of changes they are making.

    Now they want to impose the concept of "dynamic pricing" wherein the homeowner allows them to utilize an algorithim that will override the owner's list pricing pretty much at anytime. Its not a new idea in the booking world but in my opinion its not good for most homeowners. Presented or spun as a way to increase your bookings and therefore your income, it will instead, for many or most, erode their margins. I know my market and property and I set my original prices 20% above their initially recommended rates and I'm booked solid, with perfect reviews. By design, the dynamic pricing should work well for them. I'm not a hotel chain with lots of inventory, it will not work for me. 

    I primarily signed up with evolve because it allowed for me to have one point of contact (a single company) for multiple websites (AirBNB, VRBO/ Homeaway, Flipkey and their own. Their 10% fee was acceptable to me. Their contract gave me the sole right to set pricing, both list and if I wanted, a discounted rate. (Inevitably, they tried to arm twist me to go with their pricing. Their argument for their forcefully suggested pricing was a bit disingenuous and falsely premised).

    Short of my issue with their ability to soon set prices based on their algorithm, I like working with them. They have some innovative ways of dealing with things deposits for damages, insurance, etc. Some of their team can be smarmy or patronizing ( accompanied by extreme ignorance) but most are stellar and have good to great customer service skills. I recently found that key amenities like a spa, heated pool and outdoor gas grill were not listed in VRBO/HomeAway and Airbnb sites. I have no idea how this happened and neither do they but they have promised to correct it. 

    User Stats

    31
    Posts
    5
    Votes
    Amable John Aguiluz XIII
    • Rental Property Investor
    • Long Beach, CA
    5
    Votes |
    31
    Posts
    Amable John Aguiluz XIII
    • Rental Property Investor
    • Long Beach, CA
    Replied

    @Jeff Castro Hello, are you still using this SoCal group? Can you send me their info as well? Thank you.