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Understanding your Base Price
What's the difference between the base price and the minimum price?
What's the difference between the base price and the minimum price?
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Written by Vu
Updated over a week ago

Base Price

The base price is our recommended price for your listing and we calibrate around it. If your base price is $200, your daily prices will generally revolve around that base price. Consider the base price your median/mean we recommend for your listing. Most prices will hover around the $200 range, with occasional fluctuations based on weekends and seasons. 

Minimum Price

The minimum price is a floor price. We make sure your daily prices will not go below that minimum price. So if you set a minimum price of $150,  prices on your Wheelhouse calendar will not go below that price. 

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