What STR revenue estimation tool (s) does everyone prefer?
We used AirDNA for our first STR analysis and found that AirDNA data tends to be way higher.
We ended up using a PM who manages many properties in the area and used his numbers as a reference.
Now that we are looking in a new area, we plan to manage the house ourselves. Our agent provides a revenue estimate, but we also want to look up the comps ourselves.
Property Manager · Melbourne, FL · Member since 2019 · 288 posts · 129 votes
19m
Ask the agent which actual listings went into that estimate. Same bedroom count doesn't mean same guest experience. A dated house and a renovated place with a pool are very different competitors. I'd also want the estimate broken out by month so you can see what they're assuming for the slow season. The annual number hides a lot.