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Set up rate automation
Rate automation provides data-based suggestions to help you price competitively. You are always in control of your rates. You decide if, when, and how to use rate automation.
Important: Always access MarketMaker™ via your desktop (not the app).
Follow the steps below to turn on rate automation and customize your settings to work for you: |
Turn on rate automation
- In your Vrbo owner dashboard, select MarketMaker™.
- Under ‘Your rates’, select Rate automation.
- In the side panel, set your rate range, duration, and any seasonal rules.
- Find more details under ‘Customize your rate settings’ below.
- Check the box to accept the terms & conditions.
- Select Turn on rate automation.
Note: It can take up to 48 hours for rates to adjust from your base rate.
Customize your rate settings
Set or edit your minimum and maximum rate limits
- Go to MarketMaker™ on desktop.
- Under ‘Your rates’, select Rate automation.
- Select Settings in the side panel and find Set your range.
- Enter a minimum and maximum limit for your rates.
- Only use whole numbers in your entry (don’t use decimals).
- Select Save.
Note: Rates will automatically adjust to be within the minimum and maximum rate limit you set.
Set or edit your seasonal rate limits and date exclusions
Seasonal rules allow you to have unique rate automation settings for specific time periods, such as high/low season, holidays, or events. You can create up to 10 custom rules.
- Go to MarketMaker™ on desktop.
- Under ‘Your rates’, select Rate automation.
- Select Settings in the side panel and find Set your seasonal rules.
- Select Add.
- Enter your date range and choose to:
- Exclude these dates from rate automation, or
- Set unique rate limits for these dates
- Select Save.
Set or edit your adjustment duration
- Go to MarketMaker™ on desktop.
- Under ‘Your rates’, select Rate automation.
- Select Settings in the side panel and find Select the duration of your rate adjustment.
- Choose how far in advance your rates will adjust (90 days or 180 days).
- Select Save.
Override an adjusted rate
Important: While rate automation is enabled, always edit your rates within MarketMaker™ on your desktop. Once you override a rate, rate automation won’t adjust it again.
- In your Vrbo owner dashboard, select MarketMaker™.
- Select the date(s) you want to edit (up to 7 days at a time).
- In the sidebar, select Change rates.
- Select Nightly Rate or Customize by day of week and enter your new rate(s).
- Select Adjust Rates to save your edits.
Add or edit a base discount
You can add base weekly or monthly discounts while rate automation is enabled. Base discounts are applied to your adjusted rates.
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See the steps to Add or edit a base discount.
Disable rate automation
If you no longer want to use automatic rate adjustments, go to MarketMaker™, select Rate automation, select Settings, then select Turn off rate automation in the side panel and choose a reason for deactivation before saving your changes.
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Note: After deactivation, adjusted rates won’t revert to their pre-automation values. If you want to change the rates, you’ll need to adjust them manually.