Are you a new host and aren't sure how to price your property to earn your expected profits?
CLICK ON THE PHOTO ABOVE TO LEARN MORE!!!
Introducing a new tool for vacation rental hosts! Stacey's Magical Pricing Calculator will help make sure you've considered all the little details to get your pricing right so that you can earn your expected profit goals for 2021!
Hosts enter information about their property such as the various seasons, & expected occupancy rates, their debts, expenses, and profit expectations
1) It auto calculates the minimum rate to charge on your direct booking channel and adds in those commissions that airbnb + vrbo charge and provide you with recommendation on what to charge on those platforms!
2) It auto calculates the length of stay discount when you have a one or two night gap in between guest stays and provides the percent recommendation to enter into your platform booking settings.
3) It allows you to see what the guest will pay when you set length of stay discounts, early bird, last minute, or any other discounts as well.
4) It gives you insight into the potential income you can earn, given the numbers of days in each of your various seasons!
5) What I like most of all is the summary where it shows at-a-glance a comparison of your estimated income vs your estimated expenses and gives you insight into the potential profits you can earn!
sample from Case Study - "I didn't earn my expected profits!"
TO SEE MORE DETAILS ON THIS TOPIC, CHECK OUT OUR FORUM POST IN ABOUT THE VRP LEAN NETWORK
It’s really is so much more than just a simple calculator! It’s a tool that lets you perform ‘what if’ analysis so you can play with the numbers to understand how it all works together so you have the confidence to know you’ve got it priced right to hit your profit goals!
For more information on the tool, please check out the forum here: Lean Network Forum.
Join the VRP Lean Network and experience weekly calls that cover a wide variety of new host topics, get support from a Life Time Vacation Rental Coach, get access to user friendly tools that help you to propel your short term rental business to greater heights!
Or, work directly with me by scheduling a discovery session on how I can help you take your business growth and profits to their highest heights! Contact me at, services@improvemyvr.com.
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