Rented

Automated Rate Tool

Rented's Automated Rate Tool is designed to optimize nightly pricing dynamically. This tool leverages curated data sets relevant to your listings and market, ensuring that you can implement a robust pricing strategy with ease. It allows for detailed custom adjustments, making it simple to manage and modify rates for specific days, weekends, or entire months quickly.

Seasonality Adjustments

The tool provides flexible seasonality adjustment options. Recognizing that each property can respond differently to market changes, users can tailor the seasonality curve to fit their property best. This feature not only allows you to see the impact of these changes before implementing them but also ensures that your revenue strategies are aligned with seasonal trends, maximizing occupancy and profitability.

Customized Tags

Rented's platform offers the ability to sort, filter, and modify pricing for groups of properties using built-in filters or custom tags. This feature is ideal for segmenting properties based on unique characteristics, such as being pet-friendly or waterfront, thus enabling precise and targeted pricing adjustments. This customization ensures that each property is optimized according to its specific attributes and market demand.

Pros

Rented offers a comprehensive suite of tools and services designed specifically to optimize vacation rental portfolios, making it highly beneficial for rental pros. The Automated Rate Tool (ART) allows users to set nightly prices dynamically, leveraging curated data sets relevant to market conditions. This feature helps users earn more revenue by optimizing pricing strategies.
The user-friendly interface of ART, with an intuitive Tape Chart and customizable seasonality adjustments, ensures ease of use. This meets user needs by simplifying complex pricing models and making dynamic adjustments quickly and efficiently. Additionally, custom and limitless tags allow users to sort and filter properties easily, enabling targeted pricing adjustments.
Hands-on support from full-service Revenue Managers like Stefanie Gould, Amos Wheeler, Billy O’Sullivan, and Daniel Perry provides expert guidance, enhancing user satisfaction and revenue potential. The inclusion of resources such as blogs and webinars helps users stay informed and continuously improve their pricing strategies.
Users can make detailed custom adjustments, set fixed or percentage changes, and apply time-based premiums or discounts with ease, providing flexibility to meet specific market demands and individual property characteristics. The ability to apply changes to groups of properties and manage dynamic pricing for various periods adds to its versatility.

Cons

One potential limitation is the reliance on curated data sets, which may not always capture sudden market shifts or unique local events, potentially impacting optimal pricing decisions. Users may need to undertake additional local market research to supplement the tool

Rented's Automated Rate Tool maximizes revenue by dynamically optimizing nightly pricing with curated data sets tailored to specific listings and markets. Key features include flexible seasonality adjustments and the ability to customize pricing based on unique property traits through built-in filters and custom tags. It allows detailed custom rate adjustments for particular days, weekends, or entire months, enhancing ease of management. While it offers a user-friendly interface with expert support, reliance on curated data sets might require supplementary local market insights to capture sudden shifts effectively.