Sell Your Vacation Home
Facing rising costs and reduced usage of your vacation home? Consider co-ownership. Sell one or more shares of your home to trusted and aligned co-owners, freeing up precious capital, but continue enjoying your getaway spot.
Steps to Fractionalizing Your Home
Plum has invested hundreds of hours in research and direct client engagement. We have the tools to help.
1. Re-Evaluate Your Own Usage
If you’re like most vacation home owners, your home is sitting empty 10 months out of the year. If that is true, then you’re not really giving anything up to sell shares to other well-vetted co-owners.
2. Capture Your Own Preferences
As you shift into co-ownership, the Group will now need to come to agreement about rules, preferences and amenities. That said, you are in a great position to state those preferences upfront, and seek out co-owners who are aligned.
3. Get a Professional Appraisal
Enhance co-buyer confidence with a professional property valuation, confirming the fair market value of your property and shares, moving beyond just your word.
4. Get PlumCertified
It can be a little awkward to ask people to show you their bank accounts. It’s helpful to have an objective third party do that work. Our PlumCertified background check process includes a background check, a soft credit pull (740+), and a validation of liquid assets.
5. List in Our Marketplace
Now that you’re PlumCertified, you can list your property in our Marketplace for other PlumCertified co-buyers to check out!
Co-Owner Stories
Plum clients share their experiences with co-ownership with friends, and how Plum helped make it possible.
Friends Form a Group to Buy a Mountain Home
The Mathiases partnered with 3 other families to co-own the mountain home of their dreams.
Get Help with Co-Ownership.
Have questions? Our proficient Plum concierges are ready to assist on your co-ownership journey.