Accurate revenue estimation is key to successful property management and investment. Recognizing the need for a simpler, more efficient approach, PriceLabs has launched Revenue Estimator Pro. This new feature is designed to cut down the time and complexity involved in estimating a property’s earning potential, making it easier for property managers and investors to get the insights they need.
What is Revenue Estimator Pro?
Revenue Estimator Pro offers instant revenue estimates for properties, for any address worldwide. Whether you’re looking at properties in your local area or a new market, this tool provides detailed revenue reports instantly, including monthly revenues, average daily rates, and occupancy rates. It’s a straightforward solution for anyone looking to make quick, informed decisions.
For Property Investors
If you’re considering new investments, Revenue Estimator Pro can help you quickly assess a property’s potential. Enter an address and get an instant snapshot of expected earnings. You see how the location stacks up against the competition and market trends. This immediate insight can guide you to make better investment choices, focusing on properties that offer the best return.
For Property Managers
Property managers juggling multiple listings will appreciate the efficiency Revenue Estimator Pro brings. Beyond generating estimates, the tool offers a centralized dashboard where all estimates are conveniently stored. Moreover, the tool creates professional-grade CSVs and logo-branded PDFs for sharing with colleagues, homeowners, realtors, or investors.
Key Features and Benefits
Instant Comprehensive Analysis for Short-Term Rentals
Gain immediate insights into the short-term rental market with our instant comprehensive analysis. Directly access data from Airbnb listings in a flash, bypassing the need for time-consuming manual research on booking websites.
- Global Address Analysis: Quick, detailed insights for any location in the world.
- Revenue Estimates: Comprehensive monthly and annual earnings projections.
- ADR Insights: Monthly and yearly average daily rate estimates
- Occupancy Projections: Expected demand, monthly and annually.
- Seasonal Trends: Insights into how seasons affect your revenue.
- Local Market Comparison: Compare your property with nearby listings.
Tailor Your Analysis with Customizable Comparables
Make your investment analysis work for you. With our customizable comparables feature, you start with a basic estimate and then fine-tune it to your specific requirements.
- Initial Quick Estimate: Get a starting estimate instantly with just an address.
- Detailed Comp Set Modification: Refine your analysis by modifying comparison sets based on various criteria.
- Map-Based Area Selection: Refine your comp set by selecting a specific zone on a map.
- Property Feature Selection: Choose properties based on characteristics like bedroom count or amenities.
- Property Performance Filtering: Pick properties according to their review score
- Dynamic Recalculation: The tool updates your estimates in real-time
Organize and share: Manage all estimates in one spot
Find all your estimates in one place and download them as professional, logo-customized PDFs or as CSV files. Perfect for property managers who need to create and share a
- All Estimates in One Place: Easily find and access all your past estimates.
- PDF Download: Convert estimates into downloadable PDFs for offline use.
- Custom Branding: Personalize each PDF with your logo for a professional touch.
- Effortless Sharing: Quickly and securely share estimates with clients or team members.
How to Access Revenue Estimator Pro
Accessing Revenue Estimator Pro is straightforward. If you are not a current PriceLabs, start by creating a PriceLabs account here.
If you are a current PriceLabs user, find the Revenue Estimator Pro under the “Market Research” tab in PriceLabs, listed as the second option. Bonus: If you have at least one listing added to our Dynamic Pricing tool, you’re entitled to two free estimates to explore the tool’s capabilities .
You can also find a complete guide on how to get started with Revenue Estimator Pro here.
Revenue Estimator Pro is here to make property revenue estimation more accessible and straightforward for investors and managers alike. By offering instant insights and easy-to-use features, it helps you stay informed and competitive in the property market. It is an accurate, next generation Airbnb calcualor. Give it a try and see how it can improve your property management and investment decisions.