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The high, medium, low is based on the bottom 25%, average, and too 25% occupancy and rates. So yes, the difference can be big. The idea is that with the persona
by acrhost 7y ago
The high, medium, low is based on the bottom 25%, average, and too 25% occupancy and rates. So yes, the difference can be big. The idea is that with the personalized estimate and based on where your property falls in regards to amenities, you can get a more accurate estimate for your house by adjusting your rate and expected occupancy
Occupancy rates are based on the historical averages for that market segment. So for example if you looked at a 2 bedroom property, its providing the occupancy rate for 2 bedroom homes within that specific market