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For Sale or For Rent… Why not both?

For Sale or For Rent… Why not both?

At Realty Masters, we don’t think you should have to choose just one option if you want to try them both. Did you know that we can list your home for sale and for rent simultaneously to see which happens first? Our Realtors are trained in both leasing and selling your home. As your reasons to try both markets may vary, the outcome is the same: to maximize your reach and profit as soon as possible. 

Here’s how it works:

We recommend starting with listing the property for sale. If time allows, give the property 4 weeks on the sales market. The average days on the market for a listing for sale in this area is about 30-50 days so we want to give the listing a full chance. This is for the owners that ultimately prefer to sell their property over being a landlord. If the home has been on the sales market for 3-4 weeks, and you have not found a buyer ready, willing, and able to buy your home at the desired net sales price, we would begin marketing the home for rent. Of course, we can list simultaneously but the first week on each market is the most important so we do recommend some time independent on the sales market before you list the property for rent. Homes for rent typically move faster than homes for sale.  Pensacola area rental homes are typically renting between 15-30 days depending on the price range. Luckily, we can list your property on both markets at the same time and ultimately procure a renter or buyer without losing time on either market.

Once we get the home either under contract or find a qualified tenant, we would remove the other listing. If your ultimate goal is to sell the home, we can also do a shorter lease anywhere from 7-12 months and reassess at the end of the current lease. The benefits to this process also include that if you end up placing a tenant vs selling, that tenant might want to reach out and purchase the home towards the end of the lease as they would have known you were already open to it prior. We can advise you on the best route depending on the home and your situation. Interested in a market value for your property? Complete this form and we’ll be in contact soon.