Updated 6 months ago on . Most recent reply
#3 Classifieds Contributor
- Real Estate Agent
- Metro Detroit
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MTR Advice to Increase Activity
#3 Classifieds Contributor
- Real Estate Agent
- Metro Detroit
We're trying to manage our first MTR and finding it challenging.
https://www.furnishedfinder.com/property/725267_1
Right off the bat, we had a booking for 8 months via Furnished Finders. Now, crickets.
We obviously have it on Furnished Finder, as well as VRBO (Prop ID:4151130) and Airbnb (https://www.airbnb.com/rooms/23590996?guests=1&adults=1&...)
Have never gotten anything from VRBO:(
Where else should we post it?
Would appreciate any input more experienced hosts have about what we can do to generate more leads.
- Michael Smythe
Most Popular Reply
Like everything else, the MTR market ebbs and flows for a variety of reasons. I manage over 50 MTRs in Charlotte NC and this has been our slowest season in years.
Have you checked your competitions' prices? I've noticed our competition has begun bottoming out their rates, especially owner-managed properties. It's been forcing us to do the same in some areas.
I'd also consider posting on MLS and Zillow, though I highly prefer not to myself because there are a TON of scams run through Zillow and other known public sites. With our properties obviously being furnished, there is added risk.