Prep for Sell or Rent

When deciding whether to prepare a property for sale or rent, there are several factors to consider. Here’s a checklist to help you make an informed decision:

For Selling:

  • Repairs and Maintenance: Assess and address any necessary repairs, updates, or renovations to maximize the property’s selling price.
  • Staging: Consider staging the property to make it more appealing to potential buyers. This may involve rearranging furniture or decorating to showcase its potential.
  • Curb Appeal: Enhance the property’s exterior to make a positive first impression. This could include landscaping, painting, or minor improvements.

For Renting:

  • Property Evaluation: Assess the condition of your property and decide if any repairs or upgrades are needed to attract tenants.
  • Property Management: Decide whether you’ll manage the property yourself or hire a property management company to handle the maintenance.
  • Maintenance and Repairs: Develop a plan for ongoing property maintenance and addressing tenant requests.