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  Buying & Selling , How to Sell Your Vacation Rental Home as a Business  
 
     
How to Sell Your Vacation Rental Home as a Business

Tips for packaging and sell your vacation rental as business rather than just a vacation home.
 

Whether you're selling a vacation rental home to buy a bigger property, a property in a different location, to do a 1031 exchange, or simply to unload your second home altogether, consider selling your home as a vacation rental business rather than just any old vacation home.

Prove that it's a profitable business. Selling your vacation home as vacation rental business could be very attractive to prospective buyers. Ask your real estate agent to quote your last year or two's rental revenue history. Many buyers seek vacation homes that they can rent out for part of the year to defray expenses. Buyers may even pay more for a property with proven rental income.

For the serious buyers, you can easily show the buyer your entire past rental records proving your rental history.

Include your advertising. Another thing you can do is include all of your advertising channels. This means transferring any personal website domains and portal website subscriptions. Portal websites such as VRBO.com and HomeAway.com will allow you to transfer your listing to the new owner at a minimal cost.

Think of the advantage of saying, “Property with a great rental history and complete website is included.” Now you're selling an established business rather than just another property.


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