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Do you have a client whose home just isn't selling? If you're like most of the agents we talk to these days you have several homes that are not selling.Your owner refuses to drop the price to meet the dipping market. You know it's going to be 6 months, 12 months, maybe even 24 months before the home closes. But you have no choice but to wait it out. Meanwhile, months pass and you get nothing. If you have a scenario like this, suggest to your owner that he rent his property until the market starts to heat up again. Why rent?
We realize 25% of the first month's rent isn't the same as a commission on a sale, but making it in today's market means you have to get creative. You can't rely on just the traditional selling methods. You have to have more than one tool in your toolbox. One tool is renting. And isn't 25% now better than $0 while you wait
and wait and wait?
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