How to Price Your Mid Term Furnished Rental so You Are Wildly Successful

606 viewsover 4 years ago4m 36sScore: 75

Al Williamson - LeadingLandlord

Pricing & Profitability
intermediate
Pricing Strategy
Market Research
ADR
Mid-Term Rental

Summary

Al Williamson provides a pricing analysis for a client's mid-term rental in Spartanburg, SC. He recommends starting with a price of $2,897/month, based on competitor pricing from extended stay hotels and Airbnb listings in the area. He also notes that as the host receives more positive reviews, they can gradually increase their price to match or exceed the competitive rates.