How to Maximize Profit When You Don’t Mind Selling and Minimize Risk When You’d Rather Sell Anyway

Whether you just want the best occupants possible for your property, you’d like to sell but have been unable in a down Utah real estate market or you’re merely open to maximizing your property’s return on investment, then Rent To Sell Management is the solution for you.

Rent to Sell Management is a property management strategy developed by Home Results Realty that takes advantage of the rapidly growing secondary buyer, or Utah “Rent to Own” markets. The Rent to Sell Management approach focuses on occupying your Utah rental home with occupants who want to buy your home and are willing to take on additional responsibility for its maintenance, as well as pay additional money on an up-front or monthly basis for the option to purchase your Utah rental home.

As Utah real estate has suffered over the past few years, mortgage lenders have tightened up lending criteria to the point that many people who would like to own a Utah home cannot qualify for bank financing. Rent to Sell Management assists future homeowners by creating the right set of circumstances and sufficient amount of time for your occupants to become financeable to buy your Utah rental house.  In turn, you are able to rent out your house in the meantime to a no-maintenance, low-risk occupant willing to pay a fair retail price for your property, often times considerably higher than average comparable sales which are often skewed downward as much as 10% to 20% by Utah short sale and Utah bank owned properties.

Manage Your Property to a Successful Future Closing

When you’re unable to sell your home due to market conditions, but need to move nonetheless, Rent to Sell Management can provide the focused management effort you need to achieve your ultimate goal of selling your Utah home.

If you’ve been trying to sell your Utah home and are now considering renting, chances are you’re going to have to wait for the market to come back, or your mortgage to get paid down over time by your occupant, and often times both, in order to be able to sell. Home Results factors in these considerations when providing Rent to Sell Management services for your Utah rental property and can generally source an occupant who will be able to purchase your rental home in the same amount of time it will take for your property to be salable.

Improve the Quality and Cooperativeness of Your Occupants

The Rent to Sell method of Utah property management produces high-quality occupants when renting your Utah house, and is one of the key reasons why Rent to Sell Management is extremely effective as a property management Utah strategy.

When renting to sell your Utah property you will be occupying your property with an individual or family that wants to own your home. Rent to sell occupants, or occupant-buyers, tend to anticipate and feel ownership. Occupant-buyers tend to have a more vested interest in your property both emotionally and financially, and all-in-all, take better care of your rental property over a longer period of time.

In fact, it’s not uncommon for occupant-buyers to make improvements to your property and invest thousands of dollars in non-refundable money for the option to purchase your property. Occupant-buyers simply have more “skin in the game” and a stronger interest in maintaining your property in excellent condition, as well as honoring the provisions of their rental and purchase agreements.

Reduce or Eliminate Expenses Related to Vacancy, Credit Loss, Repairs and Maintenance

A few slight changes to a typical rental agreement make renting to sell a superior choice for occupying your Utah rental property if your aim is to reduce risk and overall financial exposure with your Utah property management strategy.

When renting to sell as your property management Utah strategy your occupant will generally be working on securing traditional financing to purchase your property over a period of two to four years. The longer nature of the lease provisions when renting to sell help to dramatically reduce expenses related to vacancy.

Additionally, in a traditional rental agreement, your occupant’s deposit is refundable and can only be used at move-out if your occupant did not keep the property in repair or defaulted on their agreement. When renting to sell your occupant will make a non-refundable “Lease Guarantee” payment that may be used to cover your next monthly payment or any re-leasing maintenance needed if your occupant moves out. The Lease Guarantee helps to reduce your exposure to both vacancy and credit loss if your occupant does not work out, and provides time for us to re-occupy your property with another high-quality occupant.

Rent to Sell Management reduces exposure to routine repairs and maintenance expenses.

When renting your house out traditionally you are responsible for all the major component systems of your rental property, including HVAC, plumbing and roofing. Under Rent to Sell Management, your occupant becomes contractually responsible for all maintenance and repairs of your property while they are occupying your Utah rental home.

Making your occupant responsible for the maintenance of  your Utah rental home considerably reduces your exposure to ongoing maintenance costs and when combined with our built-in, routine site inspections, provides the ultimate level of security against future maintenance and repair expenses which can prove to be a very large operating cost in Utah rental management.

Eliminate Monthly Property Management Fees

When Home Results Realty occupies your property with a Rent to Sell occupant there is no monthly management fee, giving you the highest market lease rate available for your rental property, and eliminating any monthly management expenses.