Selling & Renting
Can I sell my share?
Yes, after 1 year. Any price you choose. OCHO facilitates, 6% commission.
Can I sell my share?
Yes, after 1 year. Any price you choose. OCHO facilitates, 6% commission.
Can I rent out my weeks?
Yes, through the app. OCHO manages and sets pricing. 20% fee.
Can I rent out my weeks?
Yes, through the app. OCHO manages and sets pricing. 20% fee.
Should I expect rental income?
Rentals could help offset costs. We don't position it as income-generating.
Should I expect rental income?
Rentals could help offset costs. We don't position it as income-generating.
How does the right of first refusal work?
OCHO gets first right. Other owners in the home get second right. If no one exercises ROFR, the share goes to market.
How does the right of first refusal work?
OCHO gets first right. Other owners in the home get second right. If no one exercises ROFR, the share goes to market.
What fees apply when selling?
A 6% resale commission when a share is sold (may split with buyer's agent). Additionally, 3% of the sale price goes to the reserve fund " this helps reduce carry costs for all owners.
What fees apply when selling?
A 6% resale commission when a share is sold (may split with buyer's agent). Additionally, 3% of the sale price goes to the reserve fund " this helps reduce carry costs for all owners.