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Like other Airbnb hosts, I could spend hours comparing prices with other short-term rental listings online when determining what my property is worth. There are many factors for rental owners to consider, so it’s difficult to pinpoint where to even start! This is why I needed to find a tool that will help me not only value our properties properly, but also save me a lot of time and energy in doing so.
In my own search, I came across Beyond Pricing, now known as Beyond, which is a revenue management platform that enables a rental host to get dynamic pricing for their listings. In this Beyond Pricing review, I will give an overview of the website’s features and benefits, while also explaining its pros and cons with different rental platforms.
Beyond Pricing Review: Is Beyond Pricing the Best Pricing Tool for Hosts?
Out of all the smart pricing tools I have researched, Beyond Pricing is comparable to our other top recommendation, Wheelhouse. Beyond Pricing allows hosts to get the most value out of their listings as possible in an easy-to-use system that can be used for multiple rental property sites.
What is Beyond Pricing?
Founded in 2013, Beyond Pricing is a revenue management tool that was created to help hosts to increase their property’s revenue by providing hosts via their dynamic pricing online.
Beyond Pricing uses a data-driven approach, utilizing real-time analytics to determine how you should price out your property. So, does it live up to expectations with maximizing your property’s revenue? Keep reading my review to find out.
Here are some of their stand-out features:
Dynamic & Demand-Driven Pricing
The platform uses a dynamic pricing algorithm that automatically positions your properties to be booked at the best price at the right time.
Automatically sync your listings
across all your property management services.
Vacation Rental Website Builder
and Direct Booking Engine. This feature will allows you to build and manage your own directing booking website.
Free performance metrics for your entire portfolio.
Stop the headache of comparing multiple prices for your listings on Airbnb and sign up for Beyond Pricing today! Like other users, I was highly impressed with the platform's variety of features and how it determined the prices of my properties!
- Dynamic pricing that incorporates multiple market factors
- Calendar syncing to prevent double bookings
- Has approximately 29 integrations, including Airbnb, VRBO and Booking .com
- Responsive customer support team
- Comprehensive dashboard that includes all your listings
- Free 30-day trial
- Prices for the same listings can sometimes vary on different property management systems
- Customer support is only through email
- The cost of Beyond Pricing varies with each integration
Beyond Pricing Features
Beyond Pricing is a multi-product tool that runs several features on a single platform. This allows short-term rental hosts to run everything they need in just one place. Whether you own a single property or own several, the Beyond Pricing tool has a feature that could benefit you and your business every step of the way.
While Beyond Pricing has features like real-time insights, projections, and even one-on-one guidance from a team of experts that will give hosts listing reviews and proper pricing optimization tips within their platform, it also offers a handful of other features that’ll help hosts give their property a competitive edge in today’s real estate market.
Automated, Dynamic Pricing
Their dynamic pricing feature strives to take the “guesswork” out of pricing your rental property. The tool uses an algorithm system that considers multiple factors when properly pricing out your listing. Things such as the rental season, local demand, and even the day of the week, are all factors that drive the prices of properties to best position your listings for your customers.
The dynamic pricing tool also has a market health score that helps a host see how their property is performing in the market. The health score shows data across a couple of years to help hosts discover booking trends and understand booking anomalies. The market health score also provides insights into how COVID has impacted the pricing of your property.
Syncing Listings Through Relay
Relay is another feature the Beyond Pricing tool offers that automatically syncs all your prices across all your property management services, like Airbnb and VRBO. Relay helps hosts avoid double-booking their property and ensures that hosts are properly pricing out their property on all platforms that it’s on.
Manage a Direct Booking Site with Signal
Another Beyond Pricing feature is Signal, which allows hosts to build and manage their own directing booking website. This feature is for savvy rental property owners who want to have a direct booking option alongside the other platforms that feature their listing. Beyond Pricing’s Signal feature optimizes your booking website for search engines to help visitors find your listing quickly and navigate your property’s site with ease.
Beyond Pricing Benefits
One of the main benefits of Beyond Pricing is that it helps property owners get the most value out of their vacation rental. This tool considers multiple factors when pricing out properties on sites like Airbnb and VRBO, reflecting real-time real estate market data. Prices are not only based on the location’s season or day of the week but also on events that are affecting the neighborhood.
Users can also benefit from the market health score that Beyond Pricing uses to rate your property. The score is based on the number of times your vacation rental was booked across all the channels it’s on. It even helps owners see their property’s trends – for instance, if the score is high, that means the price can be increased. However, if you have a low score on your vacation rental listing, this could mean that the property is overpriced and that the price should decrease in order to attract potential guests.
With tools like Relay, which is built directly into the platform, users can sync their listings’ prices across all platforms it’s on. This feature can also prevent double-booking of properties, syncing the properties’ calendars as well.
Beyond Pricing Integrations
Beyond Pricing is a leading revenue management tool and has partnered with other platforms to provide the best possible product for consumers. In fact, it has approximately 29 different integrations, some of which are industry leaders in the vacation rental business.
If you have your listings on any of these websites or are looking to add your listing to another site, Beyond Pricing has multiple partnerships that could also work for you. Beyond Pricing has integrations with:
- Booking .com
- Barefoot Technologies Corporation
- Brightside Rental Management
- Ciirus Vacation Rental Software
- My VR
- Secra eTourismus Experten
- Streamline Vacation Rental Software
- Supercontrol Booking & Management System
- iPro Software
Beyond Pricing & Airbnb
One of the integrations offered by the Beyond Pricing software is with Airbnb. Airbnb is one of the largest websites available for customers searching for vacation rentals, so it’s not a surprise that it’s one of Beyond Pricing’s integrations.
While using Beyond Pricing, as an Airbnb Superhost, I’ve found that it did maximize the value of my listing, making me not have to worry about constantly comparing my listing with others that are on the site and adjusting the price as needed.
Their automated, smart pricing tool will sync up to your Airbnb listings and perform an analysis to properly price out your listing on the website. If you have multiple Airbnb listings, you can easily view them from one convenient dashboard and see each property’s health score and see how well it’s performing.
However, I’ve noticed that sometimes the individual settings on Airbnb can also influence the price on your listing, making it not match up across the other websites my property is listed on, but this may also result from several different variables, like if you have a discount set on the property or if you have a variable cancellation policy in place.
Beyond Pricing & VRBO
VRBO is another popular integration supported by Beyond Pricing. Like Airbnb, you can conveniently connect your VRBO account to your Beyond Pricing dashboard to get the most value out of your listings. Beyond Pricing allows a host to automatically adjust their rates on the website based on local events and demand.
While the prices of your listings are synced across all the sites your listings are on, VRBO users may also find that there are slight variables causing the price to not match up with others.
How Much Does Beyond Pricing Cost?
The pricing structure can vary depending on which Property Management System, PMS, you use. But for platforms like Airbnb, VRBO, and/or Booking.com, Beyond Pricing charges a 1% fee on each of your bookings. The charges to your credit card will begin after the second month of using Beyond Pricing, and they will charge your account every month on the billing period date.
What does 1% of each booking mean? Well, for example, let’s say in the month of September your rental on Airbnb has booked over $5,000 worth of reservations throughout that month’s billing period. Beyond Pricing will charge your credit card $50 at the end of the month. The 1% isn’t only based on the listing’s nightly rate, but it is also based on any fees the host charges, such as a cleaning fee. They do not, however, include security deposits or taxes in that 1% fee.
Beyond Pricing Free Trial
Beyond Pricing comes with a 30-day free trial for those interested in the software, and no credit card is required to get started. All the bookings made during the free trial are also free, and you will not need to pay for these bookings if you sign up with them.
After the free trial is over, Beyond Pricing will charge you a 1% fee on each of your bookings during a month-long period if you have an Airbnb, VRBO, or Booking.com account connected.
Beyond Pricing Reviews
The reviews among short-term rental managers that I’ve found for Beyond Pricing were generally positive! Below, I’ve highlighted a few notable ones that influenced my choice in giving Beyond Pricing a shot.
I would definitely recommend this to other property owners on Airbnb! Not only was the customer support team super responsive and helpful, but the integration with Airbnb was also easy to set up, and I was able to increase my revenue by up to 38%.
We even tried using the Signal part of the platform to build our own site, just to showcase our listings. The tool had so many tips that helped us optimize our site to be found in search engines like Google—and this became another way to have guests find our properties without having to rely on our Airbnb profile.Michael D.
Beyond Pricing worked so well for our hosting needs. We own several properties that are listed on Airbnb and VRBO, so the dashboard is a great tool for us to easily adjust prices in under a minute. We also have spoken with their experts to help us review our listings and see what ways we can best optimize them on both Airbnb and VRBO—this was such a great tool for us, especially since it helped us see why certain prices worked and why others didn’t.
It’s annoying that their support is only through email, sometimes it’s just better to explain any technical issues over the phone. But, other than that, we highly recommend this tool for rental properties who need a trusted, data-driven way to price their listings and increase their revenue. It worked for us!Liliana S.
We love the fact that we don’t have to constantly figure out our rates for over 30 properties, that’s for sure. Beyond Pricing is so easy to use and does pretty much all the legwork in terms of saving us a lot of time in doing our own market research! Our properties are also in competitive areas, so having a tool like this is great with giving us the advantage we need to increase our revenue.
The only drawback we found was that our prices didn’t match with each platform our listings were on, like on Airbnb and Booking.com. But this isn’t a huge deal for us, since we learned that this was because of the discount codes we’ve added to our listings and the individual fees from either website. If you need help figuring out your prices of your listings, we highly recommend Beyond Pricing!Christina Y.
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Beyond Pricing Alternatives and Competitors
If Beyond Pricing isn’t the right fit for you, there are plenty of other pricing management tools that offer a similar service.
Wheelhouse is a great smart pricing tool that uses an algorithm to help you determine how you should price your listing on Airbnb over time. The software breaks the pricing guidelines for you at a day-by-day level and includes historical data and future local events in the area that will help hosts bring in more guests. The catch is, however, that it doesn’t offer integration with other vacation rental websites like VRBO and HomeAway.
DPGO is another option for Airbnb hosts, and this software uses an AI-driven analysis to gather data on over 200 market data parameters. Unlike the other platforms, DPGO considers the property’s reviews, booking trends in the area, and competitors to determine which price is best for your property.
DPGO also provides a health score for your listings that is based on the frequency of bookings and how often site visitors come across them. One unique feature DPGO has is that it allows users to set booking rules for their properties, so it acts as a kind of property management software itself.
In addition, PriceLabs is a dynamic pricing solution that works with Airbnb, VRBO, and other property management systems. This service analyzes each user’s historic and future listing data to calculate a base rate for their property, and takes other considerations into account, like day-of-the-week trends, seasonality, lead-time adjustments, and holidays and events.
This tool also has a full suite of customizations that allow you to have complete control over the pricing strategies of your properties.