Selling on the island mirrors the purchase process in reverse, and it is straightforward once you know the sequence. Here is the step-by-step.
Quick answer: To sell a property in Sint Maarten, you list with an agent, the agent finds a buyer, and an offer letter is officially presented with the offered price and any conditions. You then have 48 hours to accept, reject, or counter. If accepted, a sales agreement follows, and the notary handles the transfer and registration much like the purchase in reverse. You can sell remotely by power of attorney.
The selling steps
- List with an agent. Agree a strategy and price, and let the agent market the property.
- Receive an offer. An offer letter is officially presented, listing the offered purchase price along with any conditions.
- Respond within 48 hours. As the seller you have 48 hours to accept, reject, or counter the offer.
- Sign the sales agreement. Once terms are accepted, the agent provides an official sales agreement.
- Close at the notary. The notary handles the transfer and registration, much like the purchase closing process in reverse.
Pricing and valuation
Value is based on comparable recent sales, location, condition, views, and rental potential. An agent can provide a market appraisal and refer you to an appraisal company that will inspect the property and produce a report on its value.
Selling from abroad
You do not need to be on the island. Sales agents can assist owners who live abroad, completing the sale remotely via power of attorney to the notary, just as buyers can buy remotely.
Frequently asked questions
How do I sell my property in Sint Maarten?
List with an agent, who finds a buyer. An offer letter is presented with the price and conditions, and you have 48 hours to accept, reject, or counter. If accepted, a sales agreement follows and the notary handles the transfer and registration.
Can I sell my property if I live abroad?
Yes. Sales agents can assist sellers who are not on the island, enabling them to complete a sale remotely via power of attorney to the notary.
Thinking of selling? Browse every property for sale, start with the complete buyer’s guide, or contact Island Dream Realty.
See what it costs to sell and how long it takes, or contact Island Dream Realty.
