Exiting the rental market
Exiting the rental market
Due to a number of factors, the rental market has been unpredictable in recent years, with ups and downs. Many landlords are apprehensive about the future, with each taking different approaches.
Across the United States and as far afield as New Zealand, some have been keeping rents locked. Yet others, for example in Europe, have been exiting the rental market all together for fear of a rental crisis.
Read on to learn how selling might be a neat solution, and how Every House For Cash makes it simple.
The cost of owning rentals
Owning rental properties is becoming more expensive, with inflation creating higher property taxes, as well as new requirements for landlords such as mandatory types of insurance. That’s not to mention upkeep in zones increasingly prone to natural disasters.
In short, the costs are adding up, and so the prospect of selling is becoming more attractive as time passes, especially with a possible rental crisis brewing in 2022.
Selling as a solution
For many, the idea of selling their rental property can be daunting, but lately, it’s not an unusual move for a savvy landlord to make. By getting out early, you’ll save in the long run. This type of exit strategy is never too early or too late to implement!
With that in mind, what is the best way to sell?
Issues when selling with realtors
While selling with a realtor may sound good in theory, the average landlord can spend months and a lot of money on listings. After all of this, they may still come away without selling. Definitely not the position one wants to be in if they fear a rental crisis.
On top of this, there are other issues such as house showings, along with all the work involved like tidying up, and having to be out for periods of time.
Knowing this, many decide to sell privately, and while this might seem like a cheaper solution, it has some drawbacks that can be quite costly.
Trying to sell privately
While selling privately is certainly cheaper from the get-go, most people lack the expertise to ensure they’re getting true value for their property. On top of that, it severely limits the prospective buyer pool down to who they can reach through advertising online or elsewhere.
Going to great lengths to advertise can really push the price up long-term, and just like with a realtor, one might come away with no buyers.
Every House For Cash’s solution
Every House For Cash does all the work for you. Like a realtor, we provide expertise (over 30 years’ worth) to ensure you’re getting value for your property with a firm as-is cash offer. Plus, there are none of the costs involved like there would be with a more traditional sale, and none of the hassles of open houses.
Finally, you won’t have to worry about a lack of interest, because buying houses is our business. If you’re ready to exit the rental market and beat the rental crisis, get in contact today.
Schedule a call/meeting today
Studies have found that selling a house and moving is one of the most stressful things a person can go through. There’s a lot of uncertainty and admin involved. We cut through the noise with firm cash offers on houses.
Sell as-is by getting in touch with us.