Short Term Rental For Sale
If you place your property on the right market, an Airbnb property will fetch much more than its actual property value. It is a smart idea to sell an established business.
Your best Airbnb reviews should be collected, especially those that are specific to your property, and used in your marketing. Reviews can be used to validate your Airbnb listing. They also help you understand the potential and value of your Airbnb property.
The market for vacation rental properties is growing and strong. A rental company that is active is more than selling a vacation home. This is a rare opportunity to sell a business with unique value for buyers and investors.
If you place your property on the right market, an Airbnb property will fetch much more than its actual property value. It is a smart idea to sell an established business.
Airbnb prohibits owners from transferring accounts to others, even if they are selling an Airbnb property. It is prohibited to transfer or assign an Airbnb account to another person. You must ensure that all bookings have been made before you sell your property.
Be nice. Share your contact information and any contracts you use to hire handymen, cleaners, or other housekeeping services. Buyers will appreciate the convenience of not having to look for helpers and being able to tap into existing relationships.
Buyers, particularly those who are investing, don't like to deal with difficult transactions. The point is to not complicate the sale of your vacation rental. Do not try to negotiate a free or reduced vacation for yourself. It may seem like a minor request, but buyers will be wary if a seller adds too many conditions to the contract.
It is strongly recommended that you speak with a tax attorney in order to understand all tax implications after the sale. A Qualified Intermediary is recommended if you are planning to trade on the 1031 exchange. This will help you fully understand the process.
