Overbooking: Mid Term & Short Term Rentals | Real Estate Terms & Definitions
Key Real Estate Terms for Successful Transactions Knowledge is Power Explore the Entire Real Estate Glossary Real Estate Glossary Terms for Mid Term & Short Term Rentals: Overbooking A situation in which a short-term rental property is inadvertently booked by multiple guests for the same dates, often resulting from calendar synchronization errors, manual booking mistakes, […]
Host response rate: Mid Term & Short Term Rentals | Real Estate Terms & Definitions
Key Real Estate Terms for Successful Transactions Knowledge is Power Explore the Entire Real Estate Glossary Real Estate Glossary Terms for Mid Term & Short Term Rentals: Host response rate A performance metric used by short-term rental platforms to measure the speed and consistency with which a host or property manager responds to guest inquiries […]
Guest review: Mid Term & Short Term Rentals | Real Estate Terms & Definitions
Key Real Estate Terms for Successful Transactions Knowledge is Power Explore the Entire Real Estate Glossary Real Estate Glossary Terms for Mid Term & Short Term Rentals: Guest review A written evaluation of a short-term rental property and its host, submitted by a guest after their stay, often published on the booking platform or website […]
Seasonality: Mid Term & Short Term Rentals | Real Estate Terms & Definitions
Key Real Estate Terms for Successful Transactions Knowledge is Power Explore the Entire Real Estate Glossary Real Estate Glossary Terms for Mid Term & Short Term Rentals: Seasonality The impact of seasonal trends and variations in demand on the short-term rental market, often resulting in fluctuations in occupancy rates, rental prices, and guest preferences, influenced […]
Booking window: Mid Term & Short Term Rentals | Real Estate Terms & Definitions
Key Real Estate Terms for Successful Transactions Knowledge is Power Explore the Entire Real Estate Glossary Real Estate Glossary Terms for Mid Term & Short Term Rentals: Booking window The period of time during which a short-term rental property is available for reservation, often set by the property owner or operator to balance advance planning, […]
Extended-stay discount: Mid Term & Short Term Rentals | Real Estate Terms & Definitions
Key Real Estate Terms for Successful Transactions Knowledge is Power Explore the Entire Real Estate Glossary Real Estate Glossary Terms for Mid Term & Short Term Rentals: Extended-stay discount A pricing incentive offered by some short-term rental operators to encourage longer stays, often taking the form of a percentage discount applied to the total rental […]
Pet fee: Mid Term & Short Term Rentals | Real Estate Terms & Definitions
Key Real Estate Terms for Successful Transactions Knowledge is Power Explore the Entire Real Estate Glossary Real Estate Glossary Terms for Mid Term & Short Term Rentals: Pet fee A fee charged by short-term rental operators to guests who bring pets to the property, intended to cover additional cleaning and maintenance costs associated with accommodating […]
Cleaning fee: Mid Term & Short Term Rentals | Real Estate Terms & Definitions
Key Real Estate Terms for Successful Transactions Knowledge is Power Explore the Entire Real Estate Glossary Real Estate Glossary Terms for Mid Term & Short Term Rentals: Cleaning fee A fee charged by short-term rental operators to cover the cost of cleaning and preparing the property between guest stays, typically a one-time, non-refundable charge added […]
Self-check-in: Mid Term & Short Term Rentals | Real Estate Terms & Definitions
Key Real Estate Terms for Successful Transactions Knowledge is Power Explore the Entire Real Estate Glossary Real Estate Glossary Terms for Mid Term & Short Term Rentals: Self-check-in A check-in process for short-term rentals that allows guests to access the property without the need for in-person interaction with the host or property manager, often facilitated […]
Welcome package: Mid Term & Short Term Rentals | Real Estate Terms & Definitions
Key Real Estate Terms for Successful Transactions Knowledge is Power Explore the Entire Real Estate Glossary Real Estate Glossary Terms for Mid Term & Short Term Rentals: Welcome package A selection of complimentary items, amenities, or services provided by short-term rental operators to guests upon arrival, often including items such as snacks, toiletries, local information, […]