Comp Set Pricing refers to setting your rates based on the prices of comparable properties ("comp set") in your area. These comparable properties are similar in size, location, amenities, and quality, and they help you gauge what your competition is pricing at.

Comp Set Pricing allows you to stay competitive and maximize occupancy and revenue by aligning your prices with what similar listings are charging.

*Comp Set Pricing + RevMaxGo: The recommended rate will adjust dynamically based on the average rate derived from MaxYield and RevMaxGo.

*MaxYield + Comp Set Pricing + RevMaxGo: Increases/Decreases set on the yielding map will apply to the average rate from Comp Set Pricing and RevMaxGo.

*MaxYield + Comp Set Pricing: Comp Set Pricing recommended rate will serve as the base rate for the MaxYield Rate wherein the discounts/mark-ups set on the yielded map will apply.

Does Comp Set Pricing work with units under Resort Logic?
YES, it works for units under Resort Logic in Streamline.

How to build a Comp Set Group?
Please check our RevMax Learning Page to learn the step-by-step procedure for building Comp Set Groups.

You can also check other related Knowledge-Based Articles:

            
Comp Set Pricing: RevMax Comp Set Builder
Comp Set Pricing: How to setup Combo Comp Sets
Comp Set Pricing: Why doesn't my Comp Set Pricing show an average selling rate if the occupancy shows as 100%