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marciab10

House isn't selling- Where to market 'executive' rental??

15 years ago

We have built a new home(bad timing), and our old (8yr) house is not selling. We have followed the pricing advice of our realtor, and have done almost everything she said to do. Have had 40+ showings, and one very very low offer. After talking to our accountant we were advised renting might be in our best interest.

Our house is currently priced @669,000. Homes in our neighborhood go for 550-800. We are trying to rent for $3200. (=to a 325K mtg + r/e taxes)Our realtor did put it on realtor.com as a rental, and I have put it on craigs list.

Is there a market for this kind of house? Are there any companies/realtors that specialize in this type of rental? How are they paid?

Any advice would be greatly appreciated!We really need to get this rented ASAP!

Here is a link that might be useful: Craigs list

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