You hear it from everyone, “vacation homes are a good investment,” but unfortunately that only holds true if you’re going to be using that property on a regular basis. If you don’t use it at least once a year you’re not getting its full worth.
With that in mind, the decision to sell won’t be easy. It will require a lot of thought and time, but if you find that you are ready to put your vacation property on the market, there are some important things to be aware of.
The National Association of Realtors says that the market for vacation homes greatly differs from that of primary residential properties; meaning you’ll need to play by different rules and be educated on different selling points and strategies. Additionally, the NAR found in their 2017 study that the average price vacation home buyers spent jumped from $192,000 to $200,000. If you want to have a quick and successful sell read on for some great tips.
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