Vacation rental pricing

[Stephen Scire]

Hello all,

We just listed a vacation rental on Evolve & was anticipating a low rental price due to their method of first building market share & then gradually raising rental prices slowly.

Our property is steps from the beach in Wells ,Me.

Our listings just launched ( 2 cottages on 1 parcel of land ) & we were very pleased with the price but are also very wary it might squeeze out potential renters. ( i believe we gave prior renters sticker-shock when we told them it was now available to rent online.

Is it possible that they would overprice a vacation rental....i understand they use n algorithm but was wondering if there are other VRBO owners that can tell me if i have anything to worry about.

Thanks , Steve