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This Algorithm Can Tell You Exactly How Much You Can Rent Your Place for Through Airbnb

Ballin'

 

Meet Eliot, he’s your new best friend if you’re considering rent you home out on Airbnb.

Okay, so you may have heard that people legit make careers out of renting our spare rooms in their houses on Airbnb. But how much is your place worth exactly?

Airbnb does have an estimator, but it kind of sucks. So, data scientists at Silicon Valley start-up Eliot & Me have launched an AI-powered calculator that tells you everything you need to know about renting out your space.

Eliot “learns from historical trends, competing services and products, supply and demand signals, and more,” and the only thing it wants is “to get you a fair price.”

Eliot calculates everything from the best time to rent out your space to the trends during the times you want to rent it out. All you have to do is provide the address, number of bedrooms and bathrooms and how many guests the place sleeps.

Eliot will give you the average daily and weekly renting prices for the past year.

Kind of awesome.

[via Mashable]

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