Complete Realty Team Compares the Options of Selling a Home vs Short Term Rental
September 19, 2023 at 23:43
Marietta, Georgia -
Complete Realty Team, a company based in Marietta, GA, has recently released a blog post and video that offer guidance to homeowners who need to move out to consider the options of selling your home or renting it out. For those who need to move out of their current home, one possibility that they may want to consider aside from selling the home is to offer it for short-term rental or as an AirBnB property. However, the homeowner will also need to take into account their various responsibilities when renting out their home.
Ken Mandich from Complete Realty Team says, “If you’re a homeowner needing to move, you may have considered using your current home as a short-term rental or Air BnB property rather than selling it. A short-term rental (STR) is often offered as an alternative to a hotel, and it’s become a popular investment in recent years. However, while a short-term rental may seem appealing, the reality of being responsible for one may be tough to accept. Our blog post examines some of the issues you may face if you rent out your home rather than selling it.”
The homeowner will need to set aside a lot of time and effort to successfully manage the home as a short-term rental. They will need to handle reservations, set up check-ins, and take care of the cleaning, maintenance, and landscaping jobs. Short-term rentals, due to their nature, have high turnover rate, which means guests will be checking in and out frequently. This can be taxing on fixtures, furnishings, and appliances. Ken Mandich says, “Consider your ability to commit, particularly if you intend to use a platform to publicize your rental property. The majority of them have certain standards that hosts must meet.”
There is also the need to screen tenants. As a landlord, the homeowner may also need to hire a third party for property management. In addition, there are certain regulations that landlords may need to comply with when it comes to short-term rentals. This may be true particularly in major cities and tourist spots. Such cities require landowners to get a license or permit. Before deciding to offer the home for short-term rental, it may be a good idea to find out if these are regulated or restricted by the local government and the homeowners’ association.
Ken Mandich says, “Converting your house into a short-term rental instead of selling a home is not a decision you should make lightly. Get in touch with us if you have questions about whether or not you should sell or rent out your house or visit the Complete Realty Team website.”
Complete Realty Team was founded to help home sellers and home buyers get the services they need from real estate agents who will make sure their clients are both well-informed and comfortable as they go through the different steps in the home buying or selling process. For home sellers, they will provide assistance in creating a personalized and winning strategy for selling the home for as high a price as possible and as fast as possible. Ken Mandich is a Realtor with a team of experienced and well-trained real estate agents, plus he has also significant knowledge and experience regarding digital marketing, which can make sure that the house for sale is placed in front of more people who are actively looking for a house to purchase. For home buyers, they will assist in negotiating the best possible terms. They will also provide the best resources to allow the home buyer to find the best possible home insurance, home financing, and other vital services. They offer their residential real estate services in Cobb County, including the nearby areas of: Fair Oaks, Acworth, Austell, Marietta, Kennesaw, Mableton, Sandy Springs, Powder Springs, Roswell, Vinings, and Smyrna.
Those who would like some guidance on home buying or home selling or are looking for more Atlanta real estate news can visit the Complete Realty Team website or contact them on the telephone or through email. They can be contacted 24 hours a day, at any day of the week.
For more information about Complete Realty Team, contact the company here:
Complete Realty Team
Complete Realty Team
1642 Powers Ferry Rd #150
Marietta, GA 30067