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Updated almost 7 years ago on . Most recent reply

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10
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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

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533
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433
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Michael Greenberg
  • Investor
  • Denver, CO
433
Votes |
533
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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.    

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