FOR Owners

Rates and Pricing

How Texas Corporate Homes prices rental rates for your property

Pricing Strategy

Texas Corporate Homes employs a pricing strategy designed to ensure competitive rates while maximizing returns for your property. During the onboarding process, estimated nightly rates are provided based on:

  • Size, location, quality, and condition of the property.
  • Historical performance of comparable properties within the portfolio.

Nightly rates are set within a range and are adjusted to achieve the highest possible rates. Several factors influence the final rate:

  • Lease length: Longer leases may have adjusted rates.
  • Vacancy length: Flexibility in rates can help reduce downtime.
  • Guest budget constraints: Some guests operate within specific budgets, impacting final agreements.

The approach balances maximizing revenue while maintaining high occupancy for each property.

Owner Control Over Pricing

Property owners have the ability to set a minimum nightly rate for their properties. While this ensures alignment with financial goals, setting a higher minimum may result in passing on leases that fall below the threshold.

Important considerations for pricing control include:

  • Leasing process speed: Decisions often occur quickly, so individual contact for each lease is not feasible.
  • Rate visibility: Minimum and maximum rates being advertised can be reviewed anytime through the owner dashboard.

By setting a thoughtful minimum and leveraging Texas Corporate Homes’ expertise, owners can align pricing with their goals while ensuring efficient tenant acquisition.