What is a Base Price?

I noticed each of my listings have a base price. How is it calculated?

Vu avatar
Written by Vu
Updated over a week ago

The Base Price is the foundation of your Wheelhouse Pricing.  It refers to the ideal price for your listing before we adjust for daily demand.  

It’s calculated by looking at your revenue goals, listing quality, and factors specific to your property, such as:

  • Number of bedrooms & bathrooms

  • Neighborhood

  • Amenities

  • And more

The best part is...you're always in control!  If you increase or decrease your Base Price by a certain percentage, all prices on your calendar will increase/decrease by that same percentage.

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