Have you ever stopped to think how important it is to know how to price your property per season?
If you are a property owner and have already started or are going to start renting your property, you will notice that during times like New Year, Christmas, Carnival, among other holidays, the volume of inquiries increases significantly in your property. It's important to know the price to put on each of these events and the periods of high and low season so that you can constantly get queries and reservations.
Many property owners, after going through a peak season, such as summer for a beach house or winter for a mountain home, are discouraged by the fact that bookings drop dramatically. That said, it is worth mentioning how important it is to observe some requirements so that your property is constantly rented at all times of the year.
Check what needs to be analyzed:
Similar properties
It is necessary to evaluate the properties that operate in your region and are similar in terms of structure and location. As much as you have a high demand for your home, it is important to observe the competition with searches and searches for other homes that are within a radius of 2 km with a similar configuration in terms of capacity, number of bedrooms and even of similar standard (medium / high standard). Observe and compare what amount they are charging and what occupancy rate, so you can make adjustments to become more competitive and further leverage your bookings.
Evaluate high and low season
Seasonal rentals constantly deal with fluctuations arising from high and low season, such as beach houses have their high season between November and March, while mountain houses have their peak season from May to September (in Brazil). All this depends on the region, events, seasons and holidays, which must be analyzed when setting the rate.
Generally, reservations for a house during the high season can represent more than 70% of the amount invoiced in the year, if well worked out, but for this to happen, the values need to be well calibrated.
Know your minimum daily rate
It is important to stipulate a minimum daily rate for your property. To do this, evaluate your monthly costs and set a minimum amount that makes sense to cover your expenses, such as: energy bills, water, internet, condominium fees, IPTU, cleaning, cleaning products, property wear and tear and even the host's time. Understanding these values is essential to have a clearer view of what the minimum amount to be charged may be. In addition, it is important to know that there may be reserves where the profit is small, however, it can even help you to reduce the maintenance costs of the property. .
We also take care of cleaning and maintenance for the owner! Get to know the plans that we offer from Meu Anfitrião.
We do the pricing of rent per season
The right vacation rental pricing strategy will maximize your bookings and rental income. Here at Meu Anfitrião, we do it for you! We have a dynamic pricing system, which evaluates all the necessary variables, aiming at the best value for the owner according to the date and season. We research market and competitive prices to drive revenue by ensuring that ad prices are accurate and up-to-date.
Count on us to achieve your goals and rent your home with quality, profitability and stress free!
We live in a time when it has become easy to seek help for any type of activity we intend to perform. And, good news, Meu Anfitrião specializes in managing vacation properties through platforms such as Airbnb, Booking.com, TripAdvisor, Alugue Temporada, Hoteis.com, and over 40 others!
Meu Anfitrião allows you to enjoy all the benefits of being a host, without the stress and hassle of being involved in the day-to-day management and operation of your vacation home.
Contact us to find out more about our work.
Meu Anfitrião, your home in good hands!