What is Revenue Potential?
Marissa
Last Update één maand geleden
Revenue Potential refers to the amount of revenue a listing could have earned if it had been available every day over the past 12 months. Since comparable properties often have different numbers of available days, we adjust for this by calculating their performance as if they were active throughout the entire year.
Formula:
Revenue Potential: = (Revenue / Days available) * 365
If a property earned $16.5K over 334 days, its Revenue Potential would be:
($16.5k / 334) × 365 = $18.0K
