When you create a rental posting on RedWeek, you set your own price. RedWeek does not dictate pricing, but we provide tools and guidance to help you choose a competitive rate that attracts renters.
How to Set Your Price
You can set your rental price during the posting process. Consider:
- Current rates for similar weeks at your resort
- Seasonal demand or holiday dates
- Unit size and view
- Special features or upgrades
RedWeek’s Pricing Tools
RedWeek shows you recent and active rental prices at your resort so you can compare your week with similar postings. This helps you understand the typical market range before choosing your price.
Changing Your Price
You can update your price at any time from your account. Changes take effect immediately and do not require reposting or approval.
What Renters Pay
Renters pay:
- Your rental price
- A service fee to RedWeek - Any applicable taxes
The service fee does not affect your payout and is separate from the price you set.
Payouts to Owners
Once the renter completes their stay, you receive a payout for the rental price you set minus any success fees, or adjustments due to discrepancies (which is rare). Payout details are covered in the “Getting Paid” section.
Tips for Effective Pricing
- Units with competitive pricing perform significantly better.
- Lowering your price during soft booking periods may increase visibility and interest.
- Higher-demand weeks (holidays, peak seasons) may justify higher pricing.
The likelihood or success rate of your rental being successfully rented depends on your pricing, dates and availability at that specific resort.
Setting a clear, accurate price helps renters feel confident and improves your booking potential.
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