– Pricing by “My place looks great and it’s worth” – Your pride
– Pricing with market data and pricing software only
– Tracking expenses that feed accurate pricing
I designed this tool to help eliminate pricing inefficiencies and problems. Why this tool is necessary for host operating in the sharing economy?
First, most of us host price on pride based on what we think our house, vehicle or space is worth.
Second, we rely on aggregated market data which provides some insightful market analysis, but as I call it, the data will get you on the right street but not to the right house.
The same analogy is consistent for pricing software such as Pricelabs, Wheelhouse, Turo, Boatsetter, RV Share, etc. They are great tools and needed to help price consistent with your market but, they get you a market share of data instead of analysis specific to your property and it’s unique value.