Savvy pays a premium for amazing vacation homes. If you have a home that is unique to a market where people love to vacation, you can receive cash liquidity with Savvy at a premium over tradiitonal listings.
Not ready to leave? You can keep the amount of ownership that’s right for you, from 1/8 to 1/2. Savvy will bring together an owner group to purchase the remaining shares.
Turn over the home-ownership hassle to Savvy. Moving forward, Savvy will manage all aspects of the property, leaving you to enjoy vacation-home living the way it was meant to be.
The dream of owning a vacation home can often collide with reality. Owners don't use the home enough. Expenses become hard to justify.
If you love your home but are not using it enough or would like to reduce the costs to maintain it, co-ownership may be a great opportunity for you.
Savvy chooses remarkable single-family residences in top destinations where people love to vacation. Contact us to find out if your home is a fit for the Savvy lifestyle.
|Location where people love to vacation|
|Amenities (hot tub, poolside, ski, golf, etc.)|
|No major renovation or repairs|
|Luxury & liveability|
Tell us about your homeBook 15 minutes with a team member to learn more. We are here to help you cater your home ownership to your lifestyle.
Creating a co-ownership interest in your existing home allows you to continue using and enjoying your vacation home, while receiving some liquidity on the sale and a worry-free ownership experience. If you love your home but are not using it enough or would like to reduce the costs to maintain it, co-ownership may be a great opportunity for you.
Savvy re-titles your home in the name of a property-specific LLC. Once the transaction is complete, you will own an interest in an LLC, up to 50%, and the remainder of the home will be sold to Savvy buyers. This allows you to cash in on the market, at a premium to your home's fair market value, while enjoying the benefits of a fully serviced Savvy home.
Savvy's design team reviews each home. If the furnishings are to remain with the home and are a fit for Savvy, we will purchase the furnishings from you. If not, the home will be completely decorated and furnished after closing.
After the first 12 months, you can sell your interest in the property at any time. It works just like a typical real estate transaction. You will work with a real estate agent to market the home, just like you would for any home sale.
It depends on the market and the home. Please contact us and we can provide a better assessment of expected timelines.
We look at each applicant to a home and ensure the home is a good fit for them and other co-owners. All owners agree to a common-sense owner code of conduct.
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