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17
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18
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Nicolas Morales
#3 Real Estate Success Stories Contributor
  • Investor
  • NV, SC
18
Votes |
17
Posts

We were 'doing great' on our STRs. Then I ran the actual numbers.

Nicolas Morales
#3 Real Estate Success Stories Contributor
  • Investor
  • NV, SC
Posted

This is the post I wish someone had forced me to read two years earlier.

We had STRs running smoothly. Good reviews, solid occupancy, no major guest issues. On the

surface, everything looked fine. Then I started benchmarking our revenue against comparable listings

in the same zip codes.

We were leaving roughly $800–$1,200/month on the table per unit. Not because of bad

management. Because our pricing hadn't been actively adjusted in months and our photos were in the

wrong sequence for how Airbnb's algorithm surfaces listings.

The two things that moved the needle most:

1. Dynamic pricing calibration. Not just turning on a tool — actually reviewing the tool's suggested

floor and ceiling against your real comp set monthly. Most operators set it once and forget it.

2. Listing audit. The first photo in your listing is the thumbnail. Most people lead with the bedroom.

The outdoor/living space converts better. One listing we reordered went from 61% to 79% occupancy in

6 weeks with zero other changes.

What's the last time you actually audited your listings against your comp set? Not just checked on them

— audited.

  • Nicolas Morales
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DNDStays
5.0 stars
10 Reviews

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13,629
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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
17,016
Votes |
13,629
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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
Replied

This is great info. You have to stay on top of your listing.

  • John Underwood
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