5 Tips for Choosing a Realtor to Sell Your Vacation Property
5 Tips for Choosing a Realtor to Sell Your Vacation Property
Breckenridge & Keystone
Selling vacation properties will be different from a traditional real estate market. Sellers should work with a local Realtor who has experience in the vacation property market, familiarity with the area’s regulatory restrictions impacting income properties and an intimate understanding of the property’s amenities and the resort destination features. Here are five tips on what to look for in an experienced vacation property real estate broker:
- Work with a Realtor who can reach buyers near and far. In Breckenridge and Keystone, approximately 70% of buyers maintain a primary residence outside of the local Summit County community. Ensure your broker has a realistic marketing plan to reach potential buyers wherever they may be coming from.
- Ensure your Realtor offers marketing exposure for your vacation property in places with high visitor visibility. Many prospective buyers start as visitors – they meander town sidewalks, peruse window displays for listings and pop in to talk at a local real estate office. In a vacation property market, it’s even more essential to choose a brokerage with a quality real estate office that draws visitor traffic.
- Smart Realtors consider the entire property’s amenities, club memberships and Homeowners Associations (HOA) facts and fees early on. For example, many HOAs have rules about listing signs and where prospective buyers can park during a showing. HOAs may have unique short-term rental rules or property management preferences that are in addition to local government restrictions. Showcasing amenities in photos and providing information about club memberships can also be important to prospective buyers.
- Skilled Realtors incorporate the income perspective in the marketing package for vacation properties. These perspectives typically include projected and historical rents, costs, and prior property reviews if applicable. Brokers should also be networked with vacation property services like property management resources and maintenance services.
- Choose a local Realtor who can accommodate timely showings for prospective buyers who may only be in town for a limited time. When buyers are visiting from afar, the chance for a first impression might be the only chance for an impression. In fact, many vacation properties can attract an offer after the buyer’s first and only showing due to buyer travel needs, if its handled right. Even if your property is actively rented, a skilled listing broker has a plan for optimizing each showing experience.
Taryn is a skilled vacation property real estate expert serving Breckenridge and Keystone and the surrounding mountain community. After many years of living in Breckenridge, she has intimate knowledge of these resort area destination features and she knows how to market the value of amenity-rich vacation properties. If you are thinking about selling your vacation property, contact Taryn for a complimentary market analysis today!
Are you considering selling or buying mountain real estate? Taryn is a nationally certified Pricing Strategy Advisor (PSA) by the National Association of Realtors. Taryn is a second-generation Realtor with experience in ski resort real estate and mountain cabins. Contact Taryn Brooke by phone at 970.333.8297 or by email at taryn@coloradorealty.group.