A legal contract where a property owner appoints a property manager or management company to act as their agent in managing and renting out their short-term rental property.
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An error that occurs when a property is accidentally booked by two different guests for the same dates.
The strategic approach to maximizing rental income by optimizing pricing strategies based on factors like seasonality, demand, competition, and property attributes.
Adjusting short-term rental prices in real-time based on factors like demand, seasonality, events, and competitor pricing, using algorithms and market data.