Why are you leaving the home? In my opinion that makes a difference.
Most of my clients are moving up so they have to sell to move into the next home. A few that could hang onto their homes tried to be landlords and they have learned what a headache that can be. Bottom line is that being a landlord is not something most people will find appealing - there are too many reasons to go into it here. There are benefits for the long term, but understand you have to run it as a business - a very effective and bottom line business - and that might include booting your renters. Understand as well that renting will typically mandate updating when renters leave. Usually paint and carpets need work or replacement - sometimes additional maintenance as well.
If you do rent, the AJC is a great place to post as is Craig's List. Agents typically charge a fee for inclusion in the MLS. A lost thought - it would be very wise to touch base with a management company that can screen your renters - verify everything!
If we can help, drop me an email. If you want an opinion of value we can also do that -
Hank Miller, SRA, ABR
Associate Broker & Certified Appraiser
I agree with Hank with regards to leasing/renting. Many people do not know what they are getting into and it turns into an expensive nightmare. If you decide to go this route it will be in your best interest to screen credit, criminal and tenant history for each adult that will be living in the proeprty. There are websites where you can register and have each potential tentant sign on and pay for their own background checks and the information will be sent to you.
It is my opinion that we still have enough peak marketing time to sell your home this year. Homes with great curb appeal, that are well maintained, and/or priced right are still selling! Interest rates are on the rise, so many people would like to purchase before the rates go up much more, as an increase in interest rate (and increase in values) will bring down the amount available to them for financing. Also, if you want to purchase another home, now is the time. (in my opinion). Again, interest rates are still good and and home values will continue to increase. It just makes sense!
Obviously your decision would be based upon your home's current market value, how much equity you have in your home, as well as how much you would need to purchase your next home, or for your move.
You can definitely list your home for sale, lease or lease purchase and see which happens first.
Please feel free to contact me with any questions you might have or for help determining your home's current market value, based upon recently sold comparable homes, condition, location, etc. I'm happy to help.
RE/MAX Town & Country
We offer more than just a sale option for your home. Try our property management option. http://www.assurancepmg.com
This is not the best time to enter the market (with the holidays around the corner, etc.) however, homes are selling as long as they are priced aggressively. My suggestion is to market your home as both a possible rental or sale. Price it GREAT, stage it perfect, and it will get attention! Let me know if have any additional questions.