Can a villa be TOO cheap?

<blockquote id="quote" class="ffs">quote:Originally posted by huckleberry house
Ujpest
I couldnt disagree with you more.

Lesley
[/quote]

Lesley I totally agree with you - you get what you pay for!

Julie R

[Ray&Sarah]

We rented a villa before we bought one and the nicer ones always cost more money, we didn't mind paying that bit extra to get exactly what we were after.[msnsmile]

[huckleberry house]

Music companies could sell cds for 50p and still make a profit,so why dont they ? Because they dont have to,and to sell them cheaper than the price people are prepared to pay is financial suicide.

Good villas dont have to offer cheap rates to gain bookings and outgoings have little to do with selling it cheaper,if its cheaper its because it HAS to be not because it could be.

Lesley

[chrizzy100]

<blockquote id="quote" class="ffs">quote:Originally posted by huckleberry house
Music companies could sell cds for 50p and still make a profit,so why dont they ? Because they dont have to,and to sell them cheaper than the price people are prepared to pay is financial suicide.

Good villas dont have to offer cheap rates to gain bookings and outgoings have little to do with selling it cheaper,if its cheaper its because it HAS to be not because it could be.

Lesley
[/quote]

Your outgoings must make a difference......so many people are now getting bigger loans....hoping the rental costs will cover them.....so I would of thought that you'd could get a very nice villa at a lower cost not because its no good..but because the people are passing on their savings.......and that you may get villa at a higher cost not because its better but because the owners need to cover more costs..I think.....

[benfilo]

<blockquote id="quote" class="ffs">quote:Originally posted by huckleberry house
Music companies could sell cds for 50p and still make a profit,so why dont they ? Because they dont have to,and to sell them cheaper than the price people are prepared to pay is financial suicide.

Good villas dont have to offer cheap rates to gain bookings and outgoings have little to do with selling it cheaper,if its cheaper its because it HAS to be not because it could be.

Lesley
[/quote]
I'll be renting out our villa soon and will be charging what the going rate is (if I can find out what that is) but I must admit if I didn't have a mortgage I'd go cheaper. I think that guests would ralise they had a bargain and return, or at least reccomend it

[floridadreamvilla.co.uk]

We've only once ever given a discount in our 3 bed (when we were new owners) and the guests were the only ones we have ever had any trouble from.

We learnt our lesson very quickly from that and have never given any discounts since - we provide excellent value accomodation at a very fair price and cannot see any reason to de-value it.

Once you have been renting out for a while you do get to know that if you charge very cheap rates you do tend to attract the wrong kind of guest and will have more problems than if you rent out at market rate or above.

Quite a lot of owners tell us that when they have reluctantly put their prices up, their enquiry rates actually go up which tends to lend strength to the argument that if you are too cheap people wonder where the catch is but if you charge a fair rate they will respect your house and become very good returning guests [msnsmile].

<blockquote id="quote" class="ffs">quote:Originally posted by benfilo
<blockquote id="quote" class="ffs">quote:Originally posted by huckleberry house
Music companies could sell cds for 50p and still make a profit,so why dont they ? Because they dont have to,and to sell them cheaper than the price people are prepared to pay is financial suicide.

Good villas dont have to offer cheap rates to gain bookings and outgoings have little to do with selling it cheaper,if its cheaper its because it HAS to be not because it could be.

Lesley
[/quote]
I'll be renting out our villa soon and will be charging what the going rate is (if I can find out what that is) but I must admit if I didn't have a mortgage I'd go cheaper. I think that guests would ralise they had a bargain and return, or at least reccomend it
[/quote]

[Ray&Sarah]

The only deal we have agreed to so far is one with a local golf course owner, he got a good deal for three weeks and we get our villa advertised at his golf course and he recommends it to his members. We've yet to see how this will pan out as he has just got back from his holiday in our villa and his part of the deal is just starting. Ray did get a free round of golf on him before he went though!
We don't like to rent out at bargain prices as like John points out you could attract the wrong sort of guests. Whats that old adage "You get what you pay for"![msnsmile]

[heathercobbett]

On the whole cheap villas attract the sort of clients who wont look after the villa so well.By charging a FAIR (not cheap) rent for our rental house we are able to keep it up to an immaculate standard ,constantly upgrade furniture and fittings, put loads of extras in and employ good managing agents. Why pay all that money to go to Florida and then take a chance on your accommodation? Heather

[floridadreamvilla.co.uk]

Exactly Heather.

Any enquiries we get with the words "best rate" or where the guest tries to name a price get instantly deleted - we don't even bother replying to them. I wonder how many of these people also email Virgin Atlantic or BA and say "I will be willing to pay £150 for a return flight to Orlando" - not many methinks [msnwink].

[blott]

<blockquote id="quote" class="ffs">quote:I wonder how many of these people also email Virgin Atlantic or BA and say "I will be willing to pay £150 for a return flight to Orlando" - not many methinks [msnwink][/quote] Well, they may be emailing them but I bet they don't get any replies! [msnoo][msnwink]