Finding the right investment property is a huge undertaking, but you don’t have to do it alone! Whether you’re interested in beach villas, mountainside cabins, or urban condos, a skilled vacation rental agent can take much of the stress and frustration out of the investment process. In this slideshow, we have compiled a list to find a skilled vacation rental agent.
3. Why Do You Need a Vacation Rental Agent?
● They have highly specialized
knowledge and experience in
the vacation rental industry
● Traditional real estate agents
don’t have the same
knowledge, skill set, and
experience
● You deserve to have an expert
help you through the process
● Working with a vacation
rental agent dramatically
decreases the chances for
mistakes and oversights
4.
5. Questions to Ask Potential Agents
● How many properties do you sell in a typical
year?
● Can you show me some of the properties
you’ve recently closed on?
● How much of your client base is made up of
investors, rather than primary home
buyers?
● How many vacation rental properties have
you closed on?
● Are you a vacation rental investor, and do
you self-manage your properties?
● Are you licensed? What certifications do you
have?
● What do you know about (insert your
investment strategy of choice here)?
● What is your strategy for evaluating
potential investment properties?
● Can you provide a few references?
6. Choosing and Working With an Agent: Dos and Don’ts
Don’t: Act as your own agent without
doing sufficient research.
Do: Seriously consider working with an
agent, or spend plenty of time researching
the market.
Don’t: Work with a traditional real estate
agent.
Do: Take the time to seek out an agent that
has vacation rental certifications.
Don’t: Demand off-market deals.
Do: Present yourself as an ideal client by
not asking for special treatment and
remaining courteous and kind at all times.
7. Choosing and Working With an Agent: Dos and Don’ts
(Continued)
Don’t: Immediately ask for a
discount from your agent.
Do: Respect the time and effort
they put into helping you find and
acquire the perfect vacation
rental property.
Don’t: Work with more than one
agent at once.
Do: Stick with one agent once
you’ve found them.