Anyone have success in renting your home?

Our home has been on the market since April, with not one offer, We may have to rent our house out, anyone have success with this?

Thanking you in advance!

Edited because I can't spell

Message edited 8/1/2014 2:22:22 PM.

Re: Anyone have success in renting your home?

Same thing happened with us. We put it up for sale and by the time it hit 6 months and we had no offers, we decided to put it up for rent.

We listed it up for rent on July 15th. On July 30th the lease was signed!! :) And it was exactly the price we wanted.

We used Christine Braun (an LIF vendor on here ) and in 2 weeks we found really great tenants and signed a 2 year lease agreement and are very happy with the situation.

Re: Anyone have success in renting your home?

Those if you who posted above- did you lower the asking price or get feedback on why no offers? We listed our house for sale in June and have had 0 offers and would love to rent it out but DH is against the idea. I am wondering if we lowered the price, if that would make a difference in getting a qualified buyer.

Re: Anyone have success in renting your home?

Our feedback was my location. We are on a dead end and a shopping center behind me..I got feedback after every showing which was helpful. Personally for us selling, We couldn't lower the price as we were underwater.

As a buyer...We are going into contract this week and it did make a big difference when the price was lowered by the owner. The home was originally listed at a higher price than we wanted to spend. We liked the house but never went to look at it because it was out of our price range.

After being on the market a month, the owner dropped it by $30K. That made it in the price range that we wanted to spend and we ran out to see the house and made an offer the next day :)

I'm not a professional, but in my case, it wound up sealing the deal for us being lowered :)