If selling your Shrewsbury, MA home is not an option, you may consider Renting

SHREWSBURY, Massachusetts – If you need to sell your home and find that you are having trouble selling it, why not rent it? For many, this is a frightening idea because people believe there are so many ways for problems to arise within this particular arrangement.

To avoid any possible problems, homeowners simply need to arm themselves with a few key pieces of information. For starters, you must be able to emotionally disconnect from the house. You need to approach this new situation in the way you would if you were selling the house, since tenants do have privacy rights. This will also allow you to deal with any tenant problems from an objective standpoint.

Secondly and most importantly, you must screen each and every tenant that you consider. You may consult the Landlord Protection Agency website for screening worksheets at http://www.thelpa.com/. Pay special attention to their reason for moving, the number of tenants, if they have children how many and how old are they, if they have pets, if there are smokers, the state of their credit, what their occupation is, and lastly if they have ever owned a home. Beware of “professional tenants” who seek out landlords that do not screen and bank on the idea that you may not know how to remove them from the house.

Thirdly, be smart about what you charge for rent. As your agent I can help educate you about current competition and rental prices in Shrewsbury. As with the purchasing of a home, the right price can make the difference between a renter signing an agreement or not.

Finally, be prepared to decide who is responsible for which repairs and upgrades. A basic rule of thumb is that if something breaks that affects quality of life or poses a danger to your tenant, you are responsible for it. Upgrades are obviously not requirements, although you may want to consider them if you find an agreeable tenant that you wish to keep long-term.

 

About Steve Levine

For nearly three decades, Steve Levine of REMAX Professional Associates, has been one of the top Real Estate agents in the Central Massachusetts.  A ten-time honoree as #1 REMAX Agent in New England, he brings to the table the experience that comes from working successfully with over 2000 Buyers and Sellers, through all types of real estate markets.  Adept at everything from land development, to custom home building, to residential single family and condo sales, his “can do” approach has made him one of the most sought after agents in the region.

A consummate marketing aficionado, and recognized as one of the most innovative Realtors in the industry, he has spoken nationally on many occasions, training other real estate agents on customer service, marketing, and web presence, and is currently developing a suite of instructional videos designed to enable agents to take their business to the next level.

When not out selling Massachusetts’s real estate, Steve is a passionate photographer, musician and writer, and is constantly looking for new ways to express himself.

For a private consultation on your Massachusetts real estate needs, he can be reached by email at steve@shrewsbury.net, by phone at 508 735-4663.

You can also check out his photography website at www.stellarimages.us.