Sell Your STR

Selling a Colorado STR?
Price It on What It Earns.

Most agents price a short-term rental like any other house. The buyers who pay top dollar look at the revenue, the license and the setup. I sell STRs to those buyers.

Book a Call Hold or sell?
Why Sell With Covest

An STR is a business. It should be sold like one.

01

Valued on income, not just comps

We price your property on its booking history and what comparable STRs in your area actually earn, so a buyer can see what they're paying for.

02

In front of STR buyers

We market directly to a list of several thousand Colorado STR owners and investors, plus the buyers we're already working with. These people know what a good STR is worth.

03

Packaged for underwriting

Revenue history, license status, furnishings and the listing itself, organized so an investor or their lender can underwrite it quickly. Fewer questions, fewer surprises at closing.

Hold or Sell

Not sure it's time? Here's how we think about it.

There's no right answer for everyone. These are the signals we look at with owners before anyone talks about a list price.

Reasons to hold

  • Revenue is steady or growing and the cash flow still fits your goals
  • Your license is secure and local rules look stable
  • You still have depreciation left to use against income
  • You like owning it, and the management is handled

Reasons to sell

  • Equity has grown and is earning less than it could elsewhere
  • Local regulation or licensing is tightening
  • The property needs a refresh you don't want to fund
  • You want to trade into a bigger or better STR through a 1031 exchange
How It Works

From first call to closing.

Review

We go over your revenue, license, condition and goals, and whether selling now makes sense.

Price

We set a price backed by income and STR comps, and plan timing around your booking calendar.

Market

Your property goes out to our investor list and the MLS, with the numbers a buyer needs up front.

Close

We handle negotiation, existing guest bookings, furnishings and the license questions buyers will ask.

Selling to Buy Again?

Sell this one, buy the next one, one team.

If you're exchanging into another property, we can line up the purchase while we sell. We find and underwrite the replacement, and the setup and management partners are ready when you close. Talk to your CPA and a qualified intermediary about the 1031 rules before you list.

Start With a Conversation

Find out what your STR is worth to the right buyer.

A short call. We'll look at your numbers and tell you honestly whether to sell, hold or wait.

Book a Call