Welcome to the Quick Start Series Course

If you've just signed up for your free trial and are looking to get the perfect setup for your account, you're in the right place. In the next few modules, you'll learn what dynamic pricing with Pricelabs means and how it can benefit you.

Key Steps to Achieve the Perfect Setup

1. Adding Your Listings: Start by adding all your property listings to the platform.

2. Setting a Base Price: Determine a base price for your listings to serve as a starting point for pricing adjustments.

3. Setting a Minimum Price: Establish a minimum price to ensure your listings are never undervalued.

4. Setting Minimum Stay Restrictions: Define the minimum number of nights guests must book to stay at your property.

5. Syncing Your Listings: Ensure all your listings are synced with the platform for seamless updates.

Additionally, we'll touch on mapping listings to ensure everything is aligned.

Understanding Pricelabs and Dynamic Pricing

Before we move on, let's quickly understand what Pricelabs does and how it can help you increase your revenue. Dynamic pricing is a smart way to set prices that change over time. Our special Hyperlocal Pulse (HLP) algorithm finds homes close to yours and gives you real-time price suggestions based on what's happening nearby.

By watching trends in small neighborhoods, we make price recommendations more accurate. We look at things like seasons, demand, events, holidays, day of the week, etc. This way, we compare your property with up to 350 similar places within about 15 kilometers to make the best price recommendations.

Thank you for joining this session. We hope you found it informative and helpful. See you in the next one.