Price labs for dynamic pricing_STR

Price labs for dynamic pricing_STR

Real Estate Investor / Real Estate Agent · Corpus Christi, TX · Member since 2016 · 42 posts · 15 votes

I'm considering Price Labs for figuring out pricing on a daily basis. What your experience with it? 

What does it cost?

Thanks Lisa

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Real Estate Agent · Indialantic, FL · Member since 2014 · 182 posts · 80 votes
3y

I love Pricelabs.  It gives me a great idea of demand & has a lot of features to fine-tune the pricing.  Their customer support is great too.

That said, I don’t suggest set it & forget it.  Keep up on local events, competition prices etc to ensure your prices remain competitive without leaving cash on the table.

I believe you can try Pricelabs free for one month & then it’s only $20.00 per month.

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  • Atlanta · Member since 2022 · 716 posts · 645 votes
    3y

    PL costs $20/month for each property. my experience has been great with it

  • Michael BaumPro Member
    Olympia, WA · Member since 2016 · 8k+ posts · 7k+ votes
    3y

    It is the go to software for pricing. 

  • Sarah KensingerPro Member
    Real Estate Consultant · OH · Member since 2023 · 2k+ posts · 1k+ votes
    3y

    Out of all the pricing software Pricelabs is ranked the best! I haven't heard any funny stories on them, like I have from Beyond and other dynamic pricing.

  • Investor · Member since 2022 · 1k+ posts · 754 votes
    3y

    PL is very affordable worth every penny. It’s not a set it and forget software, you gotta work at it but it’s a great guide 

  • Real Estate Agent · Indialantic, FL · Member since 2014 · 182 posts · 80 votes
    3y

    I love Pricelabs.  It gives me a great idea of demand & has a lot of features to fine-tune the pricing.  Their customer support is great too.

    That said, I don’t suggest set it & forget it.  Keep up on local events, competition prices etc to ensure your prices remain competitive without leaving cash on the table.

    I believe you can try Pricelabs free for one month & then it’s only $20.00 per month.

  • Investor · Cabo San Lucas, Mexico · Member since 2023 · 150 posts · 139 votes
    3y

    It is awesome. 

    I have actually learned to give PL more control and use less of my time on pricing oversight which is invaluable for control freak managers like me. 

  • Member since 2020 · 223 posts · 233 votes
    3y

    What is everyone's strategy on price labs?

    For example I like to set min occupancy to 3 days 45 days out then lower it to a 75 percent discount at 7 days out with only 2 days min. I raise my price 20 percent depending on season. My area is very weekend heavy so my weekends are 40 percent higher than weekdays. 

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