Sunday Dec 31, 2023
Exploring Price Labs: The Power of Dynamic Pricing in Mid-Term Rentals
Price Labs Co-founder, Anurag Verma, joins host Shona Lepis on 'She's Got Assets', a podcast dedicated to real estate investments. They discuss the evolution of Price Labs from a dynamic pricing system to a comprehensive revenue management system. Anurag sheds light on the value of data-driven insights for property management, including short-term, mid-term, and long-term rentals and the role of various factors in pricing strategies. The shift towards midterm rentals, the importance of understanding specific market demands, and strategies to maximize property revenue are also examined. Anurag emphasizes that while their software provides valuable data and market comparison tools, it does not remove the property manager's input and control in pricing their assets.
https://www.linkedin.com/in/anuragxverma/
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