Side Effect of Strong Rental Market, Miniscule Interest Rates For the vast majority of Sellers, threatening to rent if they can’t get their price is a bluff (see, “The Rental Bluff“). The exception to that? The owner of an older, dated home, with substantial equity, who doesn’t need the money for another home and isn’t about...Read More
“If I Can’t Rent it for [$] . . . I’m Going to Sell it!” Although I’ve heard it much less often than “the Rental Bluff,” I’d be remiss if I didn’t I didn’t comment on its corollary, “the Sales Bluff.” Namely, a(n unintentional) landlord who’s deadlocked with an existing renter over a rental hike, lease term, etc. —...Read More
“If I Can’t Get My Price . . . I’ll Rent It!” Lots of Buyers’ agents — myself included — have heard that line lately from Listing agents (representing Sellers). How credible is that threat? My take is that it depends on the following variables: –Condition. The nicer the home, the less believable. A Seller...Read More
