It’s time to do it!
But… vacation homes can’t be marketed the same way as a traditional residential home. The dynamics are very different from those selling your primary residence – it can actually take longer to sell. So, don’t stop renting your vacation property out while you wait! This not only helps to cover your running costs, but shows well with prospective buyers.
Any seller can benefit from practicing patience while waiting for the right buyer, but this is especially true when you are selling your Orlando vacation home.
The traditional marketing tactics such as open houses aren’t always the most effective here because the number of tourists (prospective buyers) are unpredictable, even in high season when they might be going to theme parks instead of house hunting.
Are you a serious and ready seller? Selling a second/vacation home is normally not urgent, and some sellers are not serious, but just testing the market; if it doesn’t sell for what they want, they just continue using it and hold it for a better time to sell.
But if you are a serious seller, first, let’s talk about your home and prepare the right strategy to maximize the potential. Are the furnishings, furniture, and existing bookings included? We will speak with your property management company to learn about the income history and future bookings, and to coordinate availability for showings, etc. If you are a foreign seller, are your tax returns up-to-date? We will help you with the process of the FIRPTA (Foreign International Real Property Tax Act) application as well.
If you are a first time seller on your Central Florida vacation home, we invite you to come and work with us; we are kindly direct and will educate you on what we need to do to get it sold!