Do You Want To Sell Your Home Or Rent Your Home?

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Real Estate Agent with Coldwell Banker Schmitt Real Estate Co.

Fred Mullins, Donna Mullins, & Erin Biby

Coldwell Banker Schmitt Real Estate Company

1201 White Street Ste. 101 Key West, FL 33040

Direct: 305-745-9440

Email: mullinsf@bellsouth.net

Website: www.lowerkeys-homes.com

 

Most of the homes in our community are second homes and most of those owners use these properties as investment/vacation homes.  It's a win-win situation where the owners are enjoying the extra income, and the renters help cover the costs of ownership.  All is well in this scenario- until the owner decides to sell the property.  If the property is in a vacation rental program, the tenants are paying good money to be able to enjoy the home and its surroundings without being disturbed.  If there is a full-time annual renter, they are in fear of losing their home and having to move.  We have had many struggles with tenants not wanting to show the home during their stay. Or worse yet, actually making the home unshowable with piles of dishes, laundry, debris, and clutter lying about, or refusing to leave during a showing and becoming hostile with the Buyers and Realtor.  At this point, it comes down to do you want to Rent your home or do you want to Sell your home?

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Topic:
Home Selling
Location:
Florida Monroe County Summerland Key
Tags:
summerland beach real estate
summerland key airport home
summerland key 3 bedroom home

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Rainmaker
174,898
Spirit Messingham
Tierra Antigua Realty - Tucson, AZ
Third Generation Full-Time Realtor® 520 471-6900

Are you finding with sites like Air B&B or VBB or whatever they are called, that more and more sellers are renting their homes out instead of selling?  If you are upside, nice option to have.  I hear horror stories of people moving in and can't legally get them out.  Majority of the clients I work with, they need to sell where renting it out would not be an option for them.

Jul 13, 2015 12:46 AM #1
Rainmaker
697,582
Chris and Dick Dovorany
Homes for Sale in Naples, Bonita Springs and Estero, Florida - Naples, FL
Broker/Associate at Premiere Plus Realty

We are also in a 2nd home market and I have to laugh when I see in the MLS "Tenant will not allow showings.  Walk around the property and submit offer to..."

Jul 13, 2015 01:43 AM #2
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Rainer
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Team Mullins

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