Should I Sell or Rent My House?

Moving, downsizing, or inheriting a home? This guide compares the pros and cons of renting out your property versus selling it, and shows how Brokerless supports either route with MLS exposure.

βœ… Why Consider Renting Your Home

  • Cash flow potential: monthly rent can offset mortgage, taxes, and insurance.
  • Appreciation: keep ownership and capture future price growth.
  • Tax benefits: deduct eligible expenses; depreciation may reduce taxable rental income (consult your tax pro).
  • Flexibility: good if your move is temporary or you may return.

Planning to rent it out? See List Rental on MLS and compare sites in Best Rental Websites.

🏠 Why Consider Selling Your Home

  • Immediate liquidity: unlock equity for your next purchase or investment.
  • Lower risk & hassle: avoid vacancies, repairs, and landlord responsibilities.
  • Market timing: take advantage of current demand in your area.
  • Simpler taxes: may qualify for primary residence exclusion; avoid depreciation recapture later (ask your CPA).

Selling FSBO with MLS exposure? Review Flat Fee MLS Pricing and How Brokerless Works.

πŸ“Š How to Compare the Numbers

  • Rent estimate – (mortgage + taxes + insurance + HOA + repairs + management) = projected cash flow.
  • Vacancy & CapEx: budget for months vacant and big-ticket items (roof, HVAC, appliances).
  • Sale net proceeds: estimate sale price minus payoffs and closing costs.
  • Tax lens: primary residence exclusion vs rental depreciation/recapture (get professional tax advice).
  • Time horizon: plan for 1, 3, and 5 years β€” rent first, sell later is a valid path.

πŸ† How Brokerless Helps β€” Rent or Sell

  • For rentals: MLS listing syndicates to major rental portals; inquiries route to you. See List Rental on MLS.
  • For sales: get full MLS exposure without a 6% listing fee. Start with plans and how it works.
  • Lead flow: agents contact you directly from MLS; public buyers on portals call the office number that routes to you.

⚠️ Common Pitfalls to Avoid

  • Underestimating repairs & vacancy when modeling rental cash flow.
  • Renting below market due to fear of turnover β€” use comps and set alerts.
  • Remark violations: putting financing or inducements in public remarks. See MLS Public Remarks Rules.
  • Buyer-agent comp confusion: review post-NAR settlement guidance.
Whichever path you choose, get MLS exposure and keep more equity. πŸš€
πŸ“‹ View Flat Fee MLS Plans

❓ Rent vs Sell FAQs

How do I decide to rent or sell?

Compare projected rental cash flow (after expenses) with sale net proceeds and your time horizon. Consider risk, hassle, and tax impacts.

Can I rent now and sell later?

Yes. Many owners rent for a few years, then sell. Plan for depreciation recapture and market timingβ€”consult a tax professional.

How will buyers or renters contact me?

Agents contact you directly via MLS. Public inquiries from portals route through the listing office number to you. See details.