Vacation rental condos are very difficult to show to potential buyers during the late Spring and Summer vacation season. They are booked with guests therefore it can't be shown. It has a better chance for showings September through April but you may still have to schedule showings around bookings. Depending on your situation, you may want to remove your condo from the rental program for easy showings.

Special assessments can complicate sales. You must disclose any existing or planned assessments. Usually, sellers pay any assessments approved before the contract, while future ones fall to the buyer. This is negotiable.

You'll need recent Condo Owner Association (a/k/a COA) documents including:

• Financial statements (current budget)

• Reserves Budget

• Insurance certificates

• Rules and regulations

• Declaration of condominium

Repairs are negotiable but making needed repairs previous to showing your condo will make it more impressive. Florida law requires you to disclose known defects. We recommend providing the buyer with a Condo Seller Disclosure. This will help prevent buyers from coming back later claiming they were not informed about any issues.

It begins with the decision to sell. Then you must:

• Decide how to sell: FSBO, use a real estate agent, or a hybrid approach

• Price your condo

• Develop a marketing strategy

• Arrange showings

• Talk with buyers

• Have paperwork ready to provide buyers

• AND MORE!

Get our FREE Condo Sellers Playbook for a better understanding of the process!