During these times of economic hardship many people have taken the decision to sell holiday homes which were purchased during more financially buoyant times. This is no easy task with many owners either choosing or being forced to do the same. One gripe many owners have when investigating the possibility of using an estate agent to sell their holiday apartment or villa is the commissions demanded by the agents.
With many estate agents all over the world going out of business it can be tempting to negotiate a reduced commission on the sale of your holiday home. This, at first glance, can seem good strategy. However you have to consider that many holiday home markets are flooded with owners looking to off-load their properties along with unsold new build developments. There are fewer buyers out there with disposable cash.