House Not Selling - Why Not Rent it Out?
Posted by Vital Home Realty on
When the market slows down, we see many home and condo sellers in the Edmonton area, particularly those that have been trying to sell for a while, think about renting the home instead.
On the surface, this make lots of sense. You get to opt out of the market for a while and you receive rental income. However, for many home and condo owners this is a BIG mistake.
First, let’s consider why the home is not selling?
Fact is a well-positioned and correctly marketed home or condo, should sell in less than 60 days in ANY market. If you are not meeting with success, it’s likely because:
- You may need more information about the market, (see our annaul Market Reports here)
- You may need to do preparation, (see this link on…
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