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Updated about 2 months ago on . Most recent reply

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Stef Pietri
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How do you sell a functioning Airbnb?

Stef Pietri
Posted

We have a fully functional duplex home Airbnb Northeast of San Antonio, 10 minutes from downtown. The two units are fully remodeled and furnished, with super host status reviews. However we don't have bandwidth to adequately promote it and despite the not great occupancy we are still generating a positive cash flow. This property also has a very large backyard and since it's in etj it would be possible to build an additional multi house unit in the back, so the potential is really good. What strategy would you recommend sell this property at maximum value? Thank you for your expert advice.

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James Carlson
  • Real Estate Agent
  • Denver | Colorado Springs | Mountains
2,760
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James Carlson
  • Real Estate Agent
  • Denver | Colorado Springs | Mountains
Replied

Find an STR-friendly agent who knows how to maximize it's marketing as an active Airbnb, but don't get your hopes up.

I see short-term rental owners here in Colorado trying to get a premium above market value because it's a turnkey operation. It never works. 

The home is worth what the comparable properties say it's worth. Maybe you get a few thousand extra to throw in the furniture for a future Airbnb. Put it on the MLS, advertise it on STR forums/FB pages, no magic bullet, though.

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James Carlson Real Estate

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