PriceLabs on your own, or with a revenue manager?
Same software. The difference is who runs it.
PriceLabs is the pricing tool we use for every client. Many hosts run it themselves, and some do it well. Here is what changes when a revenue team runs it for you.
Short answer
Yes, you can run PriceLabs yourself, and some hosts do it well. With Enrich, a revenue team runs PriceLabs in your account for you. We check your rates by hand three times a week and send a weekly update on each listing and a monthly report. You keep your account. Enrich charges a flat fee of $300 a listing per month for 1 listing, $250 for 2 to 4 and $225 for 5 to 10, month-to-month. You also pay PriceLabs directly.
Side by side.
Both columns use PriceLabs. Enrich is a PriceLabs Preferred Expert.
| PriceLabs on your own | PriceLabs with Enrich | |
|---|---|---|
| Who sets the rates | You choose the settings. PriceLabs prices from them. | Your revenue manager sets and tunes the settings in your PriceLabs account. |
| How often someone checks | Whenever you find the time. | By hand, three times a week, for every listing. |
| Minimum rates, stays and rules | You set and update them. | Set for each home in a 1-hour strategy session, then adjusted as the market moves. |
| Listing optimization | Not included. | Titles, photo order, amenities and minimum stays. We make the changes or send you a list. |
| Market research | PriceLabs data, read by you. | Where your revenue leaks and what top earners nearby do differently. |
| Reporting | PriceLabs dashboards. | A weekly update on each listing and a custom monthly PDF report. |
| Cost | Your PriceLabs subscription. | Your PriceLabs subscription plus a flat fee from $225 to $300 a listing per month. |
| Your time | Time every week, more in busy seasons. | A weekly read and a monthly report. |
Doing it yourself fits when...
- You have 1 or 2 listings and enjoy the numbers.
- You check your rates several times a week, every week.
- You know how your home does against similar homes nearby.
A revenue manager fits when...
- Pricing gets pushed behind guests, cleaners and repairs.
- You are adding listings, or you have 3 to 10 of them.
- You want results measured against your market, not just last year.
What it has looked like for our clients.
A 3-bedroom home in Inlet Beach, FL (30A) earned 30% more in its first 12 months with Enrich, while similar homes nearby grew about 4%. Read the Inlet Beach case study.
A 5-listing portfolio in Indian Rocks Beach, FL and South Bend, IN went from $160.4k to $243.5k, up 52%. Read the Indian Rocks Beach case study.
Figures from PriceLabs. Owner details withheld. Results vary by home and market.
Common questions.
Do I still need PriceLabs if I hire Enrich?
Yes. Enrich works inside your PriceLabs account. You keep your account and your data, and you pay PriceLabs directly. If you are new to PriceLabs, we set it up for you.
Is PriceLabs enough on its own?
For some hosts, yes. PriceLabs is the tool we use for every client. It sets rates from its settings. Someone still has to choose those settings, check them as the market moves, and catch the dates it gets wrong. If you have the time and like the work, doing it yourself can be a good fit.
What does Enrich do that PriceLabs does not?
PriceLabs is software. Enrich is a revenue team that runs it for you. We check your rates by hand three times a week, set minimums and rules for each home, optimize your listings, research your market, and send a weekly update on each listing plus a monthly report.
How much does Enrich cost on top of PriceLabs?
$300 a listing per month for 1 listing, $250 a listing for 2 to 4, and $225 a listing for 5 to 10. More than 10 is quoted on your call. There is a one-time onboarding fee equal to one month at your rate. Month-to-month, cancel anytime.
See how your PriceLabs setup compares.
Book a free analysis. We review your listings and settings against your market before the call.