Quick Takeaways:

  • Leverage technology
  • Know what rents and what doesn’t
  • Get real about risk management
  • Help your clients factor in insurance upfront
  • Weigh out the pros and cons of property management options

Source: 5 Tips for Selling a Summer Home Quickly (RISMedia’s Housecall, June 18, 2019)

The resort and second-home market differs in a number of ways from primary residential market. Buyer interest ranges from small, rustic getaways to luxury properties, and includes an international clientele and the investment and retirement markets.

Buying, selling, or managing second homes in a resort, recreational, and/or vacation destination requires understanding of the recreation and lifestyle market, tax treatment of vacation and second homes, and real estate investment.

See References for more information.