From there, you can look at how your most nearby competitors are doing, and what they're doing.

They didn't hire us, so guessing they got suckered by a competitor that told them what they wanted to hear:(Recommend you look into some type of showing scheduling software, so prospects can schedule showings 24/7/365.DM me if you'd like to chat about our experience...

Google Vacation Rentals is a new competitor too

Realtors may view wholesalers as direct competitors who are encroaching on their territory and potentially taking away potential clients.

I now see competitor listings at 60+ DOM, so their extra month vacancy already exceeds losses from lower rent…. and they’ll likely settle with a worse tenant.

If you were paying 25%, and you got actual costs down to 10%, with your own labor as free, and no insurance.....when you add in the cost of your own labor, insurance, then add in profit, and increased costs as you grow in a variable priced model....you're going to be right at the same price of the competitor you fired. 

Our closest competitor in Smithfield has achieved an ADR of $140 and RevPAR of $105 in 2022 and 2023, leading us to believe that a new mid-scale extended-stay property can achieve similar numbers.We welcome any insights from those in the hospitality industry on any aspect of this project.

However we're going to compare our prices this weekend against our competitors and adjust them a bit. 

Plus, once you start syncing calendars then the other platform will know that you are making more money for their main competitor, leading to your searchability being downgraded.

Anyone tried their competitors?