3 Tips For Selling Your Recreational Property

Tags: knowledge broker, knowledge broker real estate, toronto real estate, newmarket real estate, new homes, new condos, cottages, cabins, chalet, buying a cottage, selling a cottage

Whether it be your cottage, chalet, or cabin, selling a recreational property is an emotional and stressful time. Unlike selling your primary residence, there are more things to consider. For example, will you sell your furniture in the sale? What type of maintenance do you have to do? Should you use a real estate agent or sell privately? Here are our 4 tips for selling a second property stress-free.

Organize Your Documents

When you plan to sell your cottage, chalet or cabin you will need to create a file of documents the new owners might need. For example, you will need to provide a property survey, last tax and utility bill, list of upgrades (with dates), water quality test results, septic tank and water pump information (including instructions of how to use, clean or access) and a list of items and furniture included in the cottage sale.

Clean Outside and Inside

If there are any projects you have been putting off now is the time to finish them. If there are any problematic areas of your property fix them now. Organize your outdoor shied, garage, boathouse and any remove any trash you have lying around the property. If you have boats, ATVs, snowmobiles or other motorized vehicles remove them before listing. Potential buyers may think they are also for sale.

Before listing declutter and remove all personal items like pictures, books, DVDs, toys and any other item a potential buyer does not need to see. Clean out your kitchen, bathrooms, and bedrooms, leaving a small amount of furniture and accessories in each. If there is anything that needs to be fixed or repaired that you cannot do, inform the potential buyers. It might reduce the sale price, but it is one less thing you need to worry about.

Use A Real Estate Agent

When it comes to selling recreational properties, sellers often believe they can sell privately due to the fact they have the time, they have a property in a high demand area and the market is hot. But even with all these pros, there is still so much you cannot do without a real estate agent.

A real estate agent will be able to get you top dollar for your property and market it to a wider net of buyers. They have the connections to properly appraise your home, have someone stage the property and have professional photos taken. They are able to coordinate the showings and vet all potential buyers, so you don’t take the first offer given.

When selling a cottage, cabin or chalet you must think like the buyer. What are they looking for? What would they like to know about the property? If you follow these three tips not only will you get the best price for your property, but you will reduce any stress you have regarding the sale.

At Knowledge Broker, our goal is to create an open-source of information for all our clients. We want to ensure that, at the end of the day, they get exactly what they want and what they need. If you know someone who could use our help or services please put them in touch with us or send us their details using the contact information below. And before you go, click here to take the Knowledge Broker Quiz and see exactly what we can do for you!

JOSHUA CAMPBELL (@knowledgebrkr)
Real Estate Broker
Coldwell Banker The Real Estate Centre, Brokerage
j oshua@knowledgebroker.ca
249 Avenue Road • Newmarket, ON L3Y 1N8
289.231.0001