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How to Set the Right Price for Your Property

A Guide to Competitive, Profitable Pricing on Vidle Housing

Updated over 2 months ago

Pricing your unit correctly is one of the most important steps in attracting qualified guests and maximizing your income. Whether you're new to hosting or adjusting for a new season, here's how to determine the right rate based on your area, property features, and platform fees.


🔍 Step 1: Research Comparable Listings

Look at similar furnished mid-term rentals in your area. Focus on:

  • Location proximity to hospitals or medical centers

  • Number of bedrooms and bathrooms

  • In-unit amenities (e.g., washer/dryer, full kitchen, parking)

  • Furnishings & overall appearance

  • Guest reviews and availability

🧠 Tip: Check what similar units are charging on platforms like Furnished Finder, Airbnb (30+ day stays), or even Zillow's short-term listings.


🏷️ Step 2: Know Your Value

Consider what makes your unit stand out to healthcare travelers:

  • Is it within 15 minutes of a major hospital?

  • Is it fully furnished and move-in ready?

  • Do you offer flexible lease terms or allow pets?

  • Do you include utilities, Wi-Fi, or streaming services?

These extras can justify a higher price—but only if they’re clearly listed and presented well.


🧾 Step 3: Factor in Vidle Housing’s Commission

Vidle Housing charges a 12% commission on successful bookings. This covers marketing, platform operations, secure payment processing, and 24/7 support for both you and your guests.

🧮 To ensure you net your desired amount:
Let’s say you want to earn $2,000 per month →
$2,000 ÷ 0.88 = $2,273 (rounded up)
You should list your property at $2,275/month to account for the 12% commission.


📊 Step 4: Consider Seasonality & Demand

  • Peak seasons (e.g., winter in warm climates, summer in college towns) can allow for higher rates

  • Last-minute availability may require more competitive pricing

  • Consider offering discounts for longer stays (e.g., 90+ days)


📌 Step 5: Review & Adjust Regularly

Check your listing performance every 30–60 days and ask:

  • Am I getting inquiries but not bookings? → Maybe priced too high

  • Am I fully booked months in advance? → You may be undercharging

  • Have nearby listings changed pricing or added amenities? → Stay competitive


🛠 Tools to Help

  • Use your Vidle Host Dashboard to track occupancy trends

  • Reach out to our team for pricing suggestions based on market data

  • Compare your listing with others in your property type and zip code


🏁 Final Tip: Start Slightly Higher, Then Adjust

It’s okay to test the market. Start on the higher end of your target range, then adjust based on demand and feedback. Pricing isn’t permanent—it’s a tool you can fine-tune over time.

Need help? Our customer support staff is available. CustomerSupport@VidleHousing.com

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