By using MyVR's services you agree to our Cookie Use - We use cookies to improve your experience on our site, analytics and marketing efforts.

Knowledge Center

Get More Renters. Work Less.


17 Questions about "Rates"

What are the pros and cons of charging for damage insurance?


I currently take a security deposit, but am thinking about just charging for insurance instead.


What are the pros and cons of accepting a security deposit for my vacation rental?


I currently charge for damage insurance, but am thinking about switching.


Should I take a security deposit or charge for insurance?

What do other vacation rental owners do?


How do I collect taxes for my vacation rental?


I know I should be collecting taxes, but how do I keep track of them?


Should I be collecting taxes on my vacation rental?

I'm not sure if I need to collect taxes or what kind of tax. Where do I find this out?


What are the different types of vacation rental deposits?


Which ones are standard and what are average deposit amounts for vacation rentals?


I think my vacation rental rates are too low. What should I do?


How do I compare to my competitors and effectively raise my rates if need be?


I think my vacation rental rates are too high. What should I do?

How do I evaluate them objectively and make the right decision?


How do I evaluate my vacation rental rates?


I'm not sure if I’m charging the right amount to cover my costs and compete.


How do I determine what seasons are applicable for my rental?

I just bought my vacation rental and the competition seems to have mixed dates for high and low seasons. How do I determine which ones I should use?


How do I set my vacation rental rates?

How do I analyze the competition and know what rates to set for which seasons?


Should I look at hotels when researching my vacation rental rates?

I've I heard that shouldn't compare hotel rates to vacation rental rates, I don't really understand the competitive landscape.


A traveler asked for a discount. How do I say no or negotiate better rate?

I received an inquiry from a traveler asking for a discount off my published rate. Should I consider the offer and negotiate or stand firm on my rates?


Should I offer a repeat guest discount?

If guests return to my property a second or third time, should I be offering them a discount?


I've got a 3-night minimum for my rental, but a guest only wants to book it for the weekend. What should I do?

Typically I want a renter to stay for at least 3 nights because it's costly to turn over the property sooner and provides me with more stable revenue. But, I often get requests for less than 3 nights.


I'm trying to fill a vacancy for a last-minute cancellation and the traveler asked for a discount. What should I do?

Another traveler canceled at the last minute and I've got another traveler to fill the space, but they want a discount.


How do you figure out what rates to charge for your vacation rental?

I’m trying to set rates for my vacation rental, but I don’t know to make sure they’re competitive. Do you have any tips?