If you’re considering what to do with your home, you may be wondering whether selling or leasing makes more sense for you.
The right choice depends on your financial goals, timeline, the current market, and your plans for the property. I can help you understand your options and determine which path best fits your situation.
Let’s Talk About Your Options
SELLING YOUR HOME
Selling may be the right choice if you’re ready to move on from the property, want to access your equity, or prefer a more immediate return rather than ongoing rental income.
Selling may make sense if you:
- Want to take advantage of your home’s current market value
- Need access to the equity in your property
- Are relocating or downsizing
- Want to avoid the responsibilities of being a landlord
- Prefer a one-time transaction rather than ongoing rental management
- Have other financial or investment plans for the proceeds
The Selling Process
1. Determine Your Goals
We’ll discuss your timeline, financial goals, and what you want to accomplish.
2. Pricing
We’ll review comparable properties and current market conditions to develop a thoughtful pricing strategy.
3. Prepare Your Home
I’ll help identify improvements or updates that may help your home show its best.
4. Market Your Home
Your property is professionally presented and marketed to attract qualified buyers.
5. Review & Negotiate Offers
I’ll help you evaluate the terms of each offer and negotiate on your behalf.
6. Escrow & Closing
Once you accept an offer, I’ll help coordinate the transaction through escrow and closing.
LEASING YOUR HOME
Leasing can be an attractive option if you want to keep ownership of your property while generating rental income.
It may also allow you to hold onto the property for future use or potential long-term appreciation.
Leasing may make sense if you:
- Want to generate ongoing rental income
- Aren’t ready to sell
- May want to return to the property in the future
- Want to continue owning the property while it appreciates
- Prefer to keep the property as a long-term investment
- Have a property that could perform well in the rental market
The Leasing Process
1. Evaluate the Rental Market
We’ll look at comparable rentals and current demand to help determine an appropriate rental price.
2. Prepare the Property
I’ll help identify what needs to be addressed before putting the home on the market.
3. Market the Property
The property is professionally presented and marketed to reach prospective tenants.
4. Review Prospective Tenants
Applications and relevant information are reviewed to help identify a qualified tenant.
5. Lease & Paperwork
Once a tenant is selected, the necessary lease documents are prepared and completed.
6. Move-In
I’ll help coordinate the final steps so the tenant can move into the property smoothly.
NOT SURE WHICH PATH IS RIGHT FOR YOU?
There isn’t one answer that works for every homeowner.
Before deciding, it can help to consider:
Your Financial Goals
Would you benefit more from accessing your equity now or generating rental income over time?
Your Timeline
Are you ready to move on from the property, or would you like to keep it for the foreseeable future?
The Current Market
How does your home's potential sale value compare with its potential rental income?
Your Future Plans
Could you want to live in the home again or use it differently in the future?
The Responsibilities
Are you comfortable with the responsibilities that come with owning a rental property?
Your Investment Strategy
Does keeping the property fit into your broader financial or real estate goals?
HOW I CAN HELP
Whether you decide to sell or lease, you don't have to navigate the process alone.
If You Sell, I Can Help With:
- Market analysis and pricing strategy
- Preparing your home for market
- Professional marketing
- Listing and showing coordination
- Offer review and negotiation
- Escrow and transaction coordination
- Communication throughout the process
If You Lease, I Can Help With:
- Rental market analysis
- Rental pricing strategy
- Property preparation
- Marketing the property
- Showing coordination
- Tenant application and screening process
- Lease coordination
- Move-in coordination
My goal is to help you make an informed decision and make the process as smooth as possible.
THE RIGHT CHOICE STARTS WITH A CONVERSATION
Whether you're thinking about selling, leasing, or simply exploring your options, I’d be happy to help you understand what may make the most sense for your property and your goals.
Let’s Talk About Your Options.
Meghan Nyback
Broker Associate, Realtor®
Equity Union
DRE# 01908533
818.317.9146 | [email protected] | meghannyback.com
Real estate decisions are personal. This guide is intended for general informational purposes and is not financial, legal, or tax advice.