Lots of inquiries but no 'bookies'. Can you explain? |
If this happens, we suggest sharpening your pencil and giving your rates a close inspection. Just like a prospective renter does, compare your property with similar ones in the area. Would you book your property? The 80/20 rule somewhat applies here, and it is driven by rates. In a certain area, in a group of similar properties, a few rentals will get the lion's share of inquiries. A handful will get some and another handful might not get any. Of course the idea is to be in the first group, so make sure your rates represent a superior value versus the competition (that does NOT mean that they have to be the lowest).
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