With over thirty years of knowledge and experience "Holiday" is your resort real estate resource. We have assisted thousands of customers and clients just like you obtain their dream. Often a lifetime relationship with a customer begins with a simple question and an insightful answer. In this spirit we ask you to ask us. Please use the text block below to email us that question. We will respond with a prompt answer. Every month we will pick four questions and answers to post for viewing by the public. Each question picked will receive a valuable prize and recognition for the question selected. As always protection of your privacy is of utmost importance and any contact or publication is subject to your approval. To get started we have selected several thought provoking topics.

Is there any difference between financing a home at the beach for an investment or personal use?
There are different rates and financing available for primary residence, a second home or an investment property. There are also restrictions and different down payment requirements. It is important to consult with your REALTOR©, accountant and mortgage broker to determine the plan that is best for you.

How will I know how much income I can expect from a rental property?
How will I know how much wear & tear, maintenance or damage I can expect? Holiday Real Estate can do an income analysis based on our database and extensive experience. (See our Investment Analysis & Dreamaker.) Factors that can impact your rental income are the location of the property, the condition of the property and furnishings that will enhance the desirability of the unit to prospective guests and increase bookings and rates. How you rent your property is also a consideration. Some properties are ideally suited for seasonal rentals, others weekly and others year-round. Each has its certain advantages and disadvantages with regard to income and rental management. For example seasonal and year-round properties have a stable tenant base and utilities are paid by the tenant outside of rent. Weekly rentals generally rent for a significantly higher rate but have higher traffic and wear & tear. They offer the advantage to the owner of some use of the property when not rented or to hold owner weeks off the market during the season. This of course will also impact the bottom line. All tenant or guest agreements will financially obligate the occupant should damage occur over and above normal wear & tear. Also a security deposit is collected and serves as a deterrent and source of funding to repair damages. Each property owner should also carry adequate homeowner's insurance to protect against an unexpected loss. Renting your resort property is a business and entails certain risks. "Holiday" has the premier rental management program to minimize these risks and act immediately if they should occur.

Isn't real estate negotiation all about price?
NO, NO, NO. Making an offer is much more than just presenting the contract. A REALTOR© has a fiduciary relationship to their client principal. The client's motivation and personal situation is of utmost importance. For instance a REALTOR© is representing a buyer and finds the perfect fit for their client. Their client WANTS that unit. If it is a seller's market and the buyer's agent attempts to enter negotiations with a "low ball" offer they may lose the property to another buyer. A REALTOR'S© market know how is critical in this type of negotiation.
A REALTOR© representing a seller may suggest a creative financing scenario to increase the total income from a deal and distribute tax consequences over several years or a tax deferred exchange. A contract with a higher price may not by as attractive to a seller as one at a lower price if it contains difficult contingencies.

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