Things to consider when renting a home listed for sale

By
Real Estate Broker/Owner with JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 10491201242

Renting a home for sale

It is not unusual to get calls from agents, as well as from consumers inquiring as to whether a seller would be interested in renting the house listed for sale.  This happens because there are not enough available rental units,  and in a buyer’s market some homes have been on the market for a long time so the consumer assume he or she has a good chance of being able to rent the property.

What are the pros and cons of such an arrangement?  read more at: My home is listed for sale what are the pros and cons of renting it?

 

 

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Rainmaker
2,803,915
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

Yet another possible re-blog!

May 23, 2014 05:06 PM #1
Rainmaker
819,958
Chris Griffith
Downing-Frye Realty, Bonita Springs, FL - Bonita Springs, FL
Bonita Springs Listing Agent

I clicked through and went to your blog. Love your photos, the tall ship, the little antique tractor. You have so much character in your area.  Everything is manufactured and new down here. I'm jealous of all the things you have to photograph!

May 23, 2014 08:40 PM #2
Rainmaker
5,182,435
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

Good morning, Jennifer.... that's risky business for the homeowner who wants a sale and not a rental.... they may end up with ONLY the rental...

May 23, 2014 08:46 PM #3
Rainmaker
5,579,391
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Good advice for home owners that want to consider renting their property.

Have a very special Memorial Day weekend.

May 23, 2014 09:20 PM #4
Rainmaker
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Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Jennifer, we do get calls on our listings, and had one Seller actually accept a rental instead of selling it.

May 23, 2014 11:37 PM #5
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George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Jennifer I can see where someone looking to rent would come to that conclusion.

May 24, 2014 10:03 AM #6
Rainmaker
1,317,651
Joan Whitebook
BHG The Masiello Group - Nashua, NH
Consumer Focused Real Estate Services

Renting has a lot of risks and liabilities.  It is not an easy decision to make when determining whether or not to rent a home.

May 24, 2014 01:50 PM #7
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Jennifer Fivelsdal
JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 - Rhinebeck, NY
Mid Hudson Valley real estate connection

Laura thank you.

Chris I am really fortunate to have a variety of things to photograph.  This is truly a beautiful area.

Barbara yes there is risk involved in such a situation.

May 24, 2014 02:43 PM #8
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Jennifer Fivelsdal
JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 - Rhinebeck, NY
Mid Hudson Valley real estate connection

Roy thank you.

Joan I have had a similar situation.

George and the do.

Joan a lot for a home owner to consider.

May 24, 2014 02:48 PM #9
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