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Updated about 6 years ago on . Most recent reply

User Stats

52
Posts
34
Votes
Stephen Scire
  • Rental Property Investor
  • East Boston, MA
34
Votes |
52
Posts

Vacation rental pricing

Stephen Scire
  • Rental Property Investor
  • East Boston, MA
Posted

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

  • Stephen Scire
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