Quoted Rate

What factors determine the quoted rate for a property?

‍Quoted rates consider the property's location, size, amenities, seasonal demand, local events, and competitor pricing. Additional variables include length of stay, number of guests, and any special offers or discounts being applied to the booking.

How does the quoted rate differ from the advertised rate?

‍The advertised rate typically shows the base price, while the quoted rate includes all applicable fees (cleaning, service charges, taxes) for the specific dates selected. Some platforms display inclusive pricing upfront, while others reveal the full amount during checkout.

Can guests negotiate the quoted rate?

‍While platform prices are generally fixed, hosts may offer discounts for longer stays or last-minute bookings. Some management companies provide special rates for return guests or off-peak periods, but these are typically built into the dynamic pricing system rather than negotiated individually.

What is the basis of MadeComfy's quoted rate for a short-term rental property?

‍MadeComfy's quoted rates are calculated using real-time market data, historical performance analytics, and predictive demand modelling. Our system adjusts for local events, seasonal trends, and booking patterns to ensure optimal pricing while maintaining competitive occupancy rates.

Why might quoted rates vary for the same property?

‍Rates fluctuate based on:

• Advance booking timing (early bird vs last-minute)
• Seasonal demand changes
• Length of stay discounts
• Special event surcharges
• Platform-specific promotions
  Dynamic pricing algorithms continuously update rates to reflect current market conditions.