RSS feed for Items tagged 'Resort & Second Home'

Vacation Home Market Heating Up

Americans are spending more money on second residences and summer homes.

Developers Tweak Designs to Lure Foreign Buyers

Foreign buyers are flocking to the U.S. to snag luxury second-homes, and developers are increasingly looking to cater to the global buyer through the design of their properties.

2012 Vacation Home Sales Up, Investment Dips but Stays Elevated, Prices Rise

WASHINGTON (April 2, 2013) – Vacation home sales improved in 2012, while investment purchases remained elevated for a second consecutive year, according to the National Association of Realtors^®.

NAR’s 2013 Investment and Vacation Home Buyers Survey,* covering existing- and new-home transactions in 2012, shows vacation-home sales rose 10.1 percent to 553,000 from 502,000 in 2011. Investment-home sales declined 2.1 percent to 1.21 million from 1.23 million in 2011, but those... Read More

Field Guide to Vacation, Resort, and Second Homes

(Updated May 2013)

In 2013, buyers of primary residences, vacation homes, and investment properties were active in the market, despite hurdles they may face with low inventory and tight financing. 78% of vacation buyers and investment buyers reported that now is a good time to purchase real estate. 47% of investment buyers are likely to buy another investment property, and 31% of investment buyers are likely to purchase a vacation property in the next two years. Similarly, 37% of vacation buyers are likely to purchase an investment property and... Read More

Resort and Global Event in Las Vegas in April 2013

Destination Vegas: Your Passport to Resort and Global Success

The Greater Las Vegas Association of Realtors®, Nevada Association of Realtors®, and National Association of Realtors® are hosting a two-day event, April 18-19, 2013, that combines a resort and second-home destination with global networking opportunities.

Day... Read More

Network With Your RSPS Peers in Orlando

Though you may not think it, nearly every market is a second-home market. Attend the Nov. 9 resort networking reception at the REALTORS® Conference & Expo to meet other resort and second-home professionals and find out how they've expanded their business by finding the resort and second-home opportunities in their area.

Investors Ready to Take Bigger Bite Out of Market

Despite rising home prices and fewer available foreclosures, 40 percent of real estate investors say they plan to buy more homes this year than they did last year, according to a new survey.

Baby Boomers Shift Retiree Haven Preferences

"Boomers and retirees these days are considering a much wider range of destinations for retirement, often choosing states that don't commonly come to mind," says an editor of Where to Retire magazine.

Tips: Opening and Closing a Vacation Home

Stay in touch with recent second-home purchasers by sharing valuable end-of-summer info they'll thank you for.

The Leaders in Luxury Real Estate

This new luxury real estate leader boasts the highest number of homes sold in the nation in the $1 million or more range, and it has seen sales more than double in the past year.

Resort & Second Home Networking Reception

Please join us at the Resort & Second-Home Networking Reception taking place at the 2012 REALTORS® Conference and Expo!
Join fellow resort and second-home real estate professionals for an evening of food, drinks and great networking! Mix and mingle poolside at the luxurious Peabody hotel. Tickets include two drinks and tasty appetizers including carving stations, mac-and-cheese three ways and yummy dessert shooters.

The reception takes place Friday, November 9, 2012 from 6:00pm - 7:30pm. Tickets go on sale at realtor.org/convention on August 1, 2012. RSPS Certificate... Read More

Field Guide to Hotel/Motel Properties

(Updated June 2012)

Hotel/motel investment is a specialized part of the commercial real estate world. But what are the tricks of the trade? Find out what you need to know about management, security, brokerage and appraisal in the Field Guide to Hotel Properties. (S. Hogan, Information and Web Content Specialist)

Investing in Hotels & Motels

'Boutique'... Read More

How to Sponsor or Teach a Resort and Second Home Markets Course

Instructor Information

To become a Resort and Second-Home Markets Course Instructor, you must fulfill the following requirements:

Submit a Resume and a letter of "Intent to Hire" with your instructor application to resort@realtors.org. An "Intent to Hire" letter is a letter from a board that is intending to hire you as an instructor for the Resort and Second-Home Markets Course.

Technology for RSPS Realtors

Presenter: Melanie McLane. During this session, learn how to use resort-specific media sites to help increase your business.

Resort Policy Update/Townhall Meeting

NAR Senior Regulatory Policy Representative Russell Riggs, will update you on the most current issues relevant to your market.

Securing Your Online Assets

Jason Beatty, Sr. Network Systems Administrator at NAR will help you determine your risk exposure and create a plan to secure your digital assets.

Investment and Vacation Home Sales Surge in 2011

WASHINGTON (March 29, 2012) – Sales of investment and vacation homes* jumped in 2011, with the combined market share rising to the highest level since 2005, according to the National Association of Realtors®.

NAR’s 2012 Investment and Vacation Home Buyers Survey, covering existing- and new-home transactions in 2011, shows investment-home sales surged an extraordinary 64.5 percent to 1.23 million last year from 749,000 in 2010. Vacation-home sales rose 7.0 percent to 502,000 in 2011 from 469,000 in 2010. Owner-occupied purchases fell 15.5 percent to 2.78 million.... Read More

Resort and Second-Home Markets Course

At least three of the following NAR Resort webinars are required for the in-classroom Resort and Second-Home Markets Course:

Volunteer Opportunities

Volunteer and share your expertise with NAR Resort & Second-Home Specialty. Volunteering helps you expand your referral network, have a voice in the decisions made for this market sector, and expose you to opportunities at the national level of the association.

How can you get involved?

Apply to serve on the NAR Resort and Second-Home Committee or Forum
Assist us at national networking events or with the Resort and Second-Home... Read More

RSPS Certification

What is the Resort & Second-Home Property Specialist (RSPS)?

The Resort & Second-Home Property Specialist (RSPS) is an education-based certification program. Launched in 2006, the RSPS Certification was created by the National Association of REALTORS® to better serve the growing second-home and resort real estate market and now has over 1,700 elite members. RSPS is recognized as an official NAR certification and allows buyers and sellers to have confidence in the ability of a REALTOR® who specializes in resort and second-homes to assist them with their search.... Read More

RSPS of the Year Award

A recognition award for a unique certification like Resort and Second-Home Property Specialist (RSPS) is an award that not only has social relevance, but also brand awareness. The RSPS of the Year and RSPS Rising Star Awards provide REALTORS® with the RSPS certification the opportunity to showcase their own community involvement, marketing techniques, and RSPS-related accomplishments. The awards also provide an opportunity for the REALTOR® community to educate consumers on the value of using a REALTOR® with an RSPS certification.

Criteria for Nominations... Read More

Volunteer Opportunities

How can you get involved?

Apply to serve on the NAR Resort and Second-Home Committee or Forum
Assist us at national networking events or with the Resort and Second-Home... Read More

Volunteer Opportunities

How can you get involved?

Apply to serve on the NAR Resort and Second-Home Committee or Forum
Assist us at national networking events or with the Resort and Second-Home... Read More

Field Guide to Vineyards & Wineries

(Updated May 2013)

Owning and running a vineyard suggests an appealing and romantic lifestyle. In truth, it is hard work, costly and subject to the whims of weather, the economy and foreign competition. Still the lure of the vines may just be the ticket for those seeking adventure and a soul-satisfying business venture. This updated field guide provides start-up resources, statistics, reports, websites and more for those thinking about entering this interesting market. (D. Foligno, Project Specialist)

Field Guide to Short-Term Rental Restrictions

(Updated May 2013)

According to the 2013 NAR Investment and Vacation Home Buyers Survey, 80% of respondents purchased a vacation property for personal use, but 23% purchased with the intent of renting to others. Renting out a vacation home can offset the costs of this investment until retirement. But what happens when a community acts to restrict short-term rentals? Read on... and you'll find out. (S. Hogan, Information... Read More

Every Market is a Second-Home Market

ANAHEIM (November 12, 2011) - A diverse set of buyers and property types comprise the second-home sector and opportunities for second-home buyers exist in nearly every market, even in nontraditional, non-resort markets.

That was the message delivered today at the Resort and Second Home Forum at the 2011 Realtors® Conference & Expo. Attendees at the forum heard from several experts about how to identify second-home sales opportunities in their own local markets.

Americans appreciate the value of homeownership – so much that many of them own second homes, either... Read More

Field Guide to Fractional Interest Ownership

(Updated April 2013)

Fractional interest ownership, once used primarily with commercial tenants-in-common, has recently blossomed in the vacation home market. Not to be confused with a time-share or a destination club, fractional interest properties can be a sensible and profitable alternative to owning a second home. These articles, books, and other resources will help you discover what a fractional is and why your clients might be interested in them. (C. Dodge, Information Specialist)

Vacation- and Investment-Home Shares Hold Even in 2010

WASHINGTON (March 30, 2011) - The market share of vacation- and investment-home sales¹ held steady in 2010, although the sales volume declined with the overall market, according to the National Association of Realtors®.

NAR’s 2011 Investment and Vacation Home Buyers Survey, covering existing- and new-home transactions in 2010, shows vacation-home sales accounted for 10 percent of transactions last year while the portion of investment sales was 17 percent, both unchanged from 2009.

NAR Chief Economist Lawrence Yun... Read More