How to List a House With a Corporate Rental
Corporate executives and employees often have to relocate, permanently or temporarily, and need comfortable, furnished homes to stay in. If you have a second home and would like to make some extra money, or are having difficulty selling the home you now live in, consider listing your home with a corporate housing rental service.
Instructions
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Consider whether you want to list your home with a company that will manage all aspects of your rental, or that will just help match you with a tenant. If you choose the first option, you will likely pay a higher commission, but the property management company will negotiate leases and deal with tenants for you. If you choose the second option, you will save money but will have to spend more time interacting with your tenant.
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Visit corporate housing listing services online. Make a point of looking at the pictures and descriptions of the housing that they offer, and consider whether your property is a good match. If it isn't, check out other companies. Select a few companies to investigate further and contact them to learn more about their services and any costs involved.
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Follow the corporate housing service's instructions for preparing your listing. This may include taking numerous photographs of the inside and outside of your property, providing a floor plan, taking measurements and writing up a detailed description of your home.
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Upload your listing information to the the listing service's website or submit the information directly to the company so that they can do it for you.
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Tips & Warnings
An alternative to listing your property with a corporate rental company is to approach large businesses in your area directly. Contact the human resources department and let them know that you have a property that is available for new hires or out-of-town consultants.
Remember, if you are renting your home, even through a corporate housing service, you will be subject to landlord-tenant laws in your state. Familiarize yourself with these laws for your own protection.
References
- Photo Credit House image by Einar Bog from Fotolia.com
Comments
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jennysf
Mar 17, 2010
very useful. there are some great DIY sites so you can list your own home and not have to pay a property management fee. corporate housing by owner is one of them. thanks for the article -
mychbo
Mar 17, 2010
Great information-also remember there are scams out there - take the time to verify your tenants and the credibility of the companies you use to get your property rented and are they a member of the Corporate Housing Providers Association