"Within one month and an open house, I had a renter."
Landlords: Why Rent to Own?
Want to sell your DC area condo, townhome, or house? “Rent-to-Own” provides an easy way for potential buyers to purchase your property while you generate revenue now.
Benefits
- Your condo or house won’t languish on the market waiting to sell.
- You’ll attract quality tenants who will take care of your property.
- You’ll maximize exposure for your property through our large pool of tenants in DC, MD and VA - most of whom are potential buyers.
- Your commission rate will be much lower than standard rates - just 2.5% of the sales price.
How It Works
- Rent locked in when property is listed.
- Portion of tenant’s rent goes to purchase of property if s/he decides to buy.
- Rent credit starts out high to encourage tenants to buy early on.
- Credit diminishes over time. (see chart below)
| Tenant Buys Within | Amount Going Toward Purchase Price |
|---|---|
| One year | 50% of total rent goes to purchase |
| A year and a half | 30% of total rent goes to purchase |
| Two years | 20% of total rent goes to purchase |
Not every landlord agrees to "rent-to-own", so tell us at our first meeting if you are considering this option. Our state-of-the-art database highlights Rent-to-Own opportunities in DC, Virginia, and Maryland. We'll guide you every step of the way!
