Can I have a house listed for sale and rent at the same time?

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April 14 2011 - Orlando
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yes, just be sure to have the lease/rental agreement stating that the property will be subject to showings.  Usually a 24 hour notice is required for tenants.
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April 14 2011
Profile picture for landonkail
I would put it on the for sale MLS and then in the agent notes, have it as a possible rental / lease option.
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April 14 2011
Absolutely! You can!

This is always an option to consider, especially in a tough market, when you would like to sell but are unable to reach the price you would like. That way, you can collect rent while waiting for the market to reach your price. Although it is a bit more difficult, you can appeal to investors by selling the home with renters in it. Another way which works is to rent your home out month to month until you have a buyer move in.

There are pitfalls to this idea too. Showing your home when you have tenants can be difficult, and you have to make sure that they will keep your home in tip-top showing condition shape.

If you decide to go this route, remember to disclose that you are selling the property. Also don't forget, if you are in a condo, you may need to contact your condo association to see if they will allow you to rent.
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April 14 2011
YES you can. Though it can make the sale of the home more difficult. If you are selling the home as an investment property...meaning your intent is the property will remain rental property, then having a rentor adds value to the property!
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April 14 2011

As long as you make full disclosure to the renter that you are selling the property and to disclose to the buyer you have a renter.  Sounds like this is a rental?  It would have to follow local statutes as far as rental laws apply. It could complicate things.  If you are selling, I would suggest, unless it is an income property, to get the price were it needs to be. Best of luck.

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April 14 2011
Profile picture for ssilva2
Yes you can, but as a practical matter it is not nearly as easy to sell a home with a tenant in place than it is wthout, for so many reasons. Tenants, even good tenants, can be an obstacle to showing & selling. So, if selling your home is your ultimate goal, you would want to make the path to the closing table as clear as possible. Decide which way you want to proceed and get a great Realtor!
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April 14 2011
You can. According to Florida real estate laws, leases will convey with the sale of the property. So be aware that if you rent out your property, that the lease will become an obligation of the new owner. My advice would be to put a specific termination clause in the lease, stating that the lease can be terminated with 60 days notice. That way, if a potential buyer doesn't want to have that tenant there at closing, you can make arrangements for the tenant to vacate.

Good luck!
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April 14 2011
Profile picture for optimaproperties
Yes, absolutely.  Your listing agent can create 2 different listings; one for  rent and one for sale.  I would strongly recommend that you note in each listing that the home is also for sale and for rent.  You might find someone will do to a lease option.
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April 14 2011
Yes you can!
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April 14 2011
Profile picture for Broker Dave
The correct way is to list for sale and as described below in the notes put it's also available for lease.

Hope this helps,
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April 14 2011
Profile picture for sunnyview
Not on Zillow as far as I know. You have to choose one or the other since each house has one unique numbered webpage on the site. Most owners choose to list it for sale and then note in the description that it is available for lease.
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April 14 2011
 

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