Sometimes you have to ask yourself, what is best for my client right now? I had listed the home of my neighbor for sale, 691 Thomas Penn Drive, West Grove, PA 19390 and it is a beautiful home, with lots of upgrades and a wonderful screened porch/deck that everyone in the neighborhood is jealous for not having selected for themselves.
However, we were not getting any showings and the open houses were dismally attended with no real interest. One other home, the model had recently been rented for $3,200 a month.
I spoke with my seller and let him know that this other home had rented and this was a possible option for him as were we not getting any showings. He said let's do this and get a tenant in there. So, I changed the listing to a rental, withdrew the sale and hey presto in less than a week we have a signed lease for two years at $3,200 a month.
I have a happy homeowner, and he is very happy that we got this done so quickly.
Sometimes it is not about the money, but doing what is best for your client. Yes, selling the house would have brought me more income, but the tenant is downsizing and lives nearby and will be selling his home. He knows a Realtor, but we had a good rapport and maybe there is a chance I will end up with his listing to sell.
If you are looking to buy or sell in Chester County or along the Main Line, contact Nick Vandekar, Long & Foster Real Estate Inc., NIck@VandekarTEam.com, office 610-225-7400, cell or text 610-203-4543. I will be happy to help you.