HomeAway Tips - Some common Mistakes Vacation Rental Owners make when Pricing their Listings | Ferienwohnungsportal Marketing FeWo-Besitzer
- Pricing the property too high, when listing still lacks credibility (and reviews) because you’re still new.
- Not maximizing your listing’s earning potential (eg. not setting higher rates for weekends when demand is higher).
- Not researching the market and your competitors to see how similar properties in your area are priced.
- Not taking advantage of Last minute Deals or Special Discounts.
- Missing out on profits by ignoring to adjust your pricing based on special events (music festivals, sports tournaments etc.) and seasonality (high and low seasons) ….
(via @homeaway_asia – Get the full story at http://blog.homeaway.asia/5-common-mistakes-to-avoid-when-pricing/ )