What's better than helping a client close on a home? Helping the same client close on a second home! Second home ownership is on the rise, and it takes many forms depending on the needs, wishes, and budgets of the buyer.
Whether you're working with seniors, parents of college kids, investors, or luxury home buyers, understanding the financial, tax, and logistical considerations of second home ownership will help you provide the top-level service your clients expect.
Course highlights include:
- The market for second homes: who's buying them, where, and why?
- Financial, regulatory, and logistical considerations of second home ownership
- Options for co-ownership: from timeshares to DIY to fully managed properties
- Joint ventures, LLCs, and LLPs