We know the market can be tough, and you may have friends or colleagues who are on the fence about whether to sell or rent their property. If you’re in a similar situation, the first plan of action should be to run your property through our Rent vs. Sell Calculator. This tool gives a clear breakdown of which option aligns best with your financial goals—whether it’s earning rental income or maximizing your sale price.
Once you’ve used the calculator, if you’re still unclear about which route to take, a great next step is to test the market by listing your property for both sale and rent at the same time. This strategy opens up the opportunity for flexibility and increased exposure to different buyer types, helping you make the most out of current market conditions.
Advantages of Listing for Both Sale and Rent:
Maximize Market Exposure
By listing your property in both categories, you reach two groups—buyers looking for a permanent home and renters who need a place to stay. This increases your chances of securing a deal, regardless of whether it’s a sale or a rental.Generate Income While Waiting for the Right Buyer
If you haven’t received an ideal offer to sell, renting your property can generate income that covers your mortgage and other expenses while you wait for the perfect buyer to come along.Flexibility to Respond to Market Shifts
With the real estate market constantly shifting, having both options on the table means you aren’t locked into one path. If the rental market is strong but home sales are slow, you can rent the property until selling becomes more favorable, or vice versa.Target a Broader Audience
Some renters might become interested in buying after living in the property, and some buyers might negotiate a rental arrangement before committing to a purchase. Listing the property for both sale and rent gives you the flexibility to explore these creative options.
Need Help Deciding? Try Our Rent vs. Sell Calculator!
Before making any decisions, it’s smart to start by using our Rent vs. Sell Calculator. It provides a comprehensive analysis of both scenarios so you can clearly see which option suits your financial goals.
