What is a Rent-Back? 7 Things you Need to Know!

Kevin Grolig
Kevin Grolig
Published on July 8, 2021

Hi I’m Kevin Grolig, a Real Estate Agent with Compass in Montgomery County, Maryland. If you’re in the market to sell your home, have you ever wondered what a “Rent-Back” is? In this Hot Market 🔥 you might be afraid that your Home is going to sell too fast 🚀 leaving you high and dry with no place to go! OR… Say you haven’t found a new home yet to move to, or you’re going to need some extra time to move after closing on the sale of your house… Well a Rent-Back is just the thing for you! The Rent-Back allows you to stay in your residence for up to 60 days following the sale of your Home. You simply negotiate with the buyer a price, for a daily rate, to rent back the home until you’re free and clear to move to your next place! Your old home becomes a Motel or Airbnb for you while you’re transitioning to your new home! There are 7 things I lay out in this video you will need to know before deciding if a Rent-Back is the right fit for you!

Video was Shot and Edited by Vidz for Biz 📹 https://vidzforbiz.com/

If you Enjoyed this video Moving to Clarksburg, Maryland You might also like:
Sell My Home First? Or Buy My New Home First?
↪️︎ https://www.youtube.com/watch?v=jkrWIoxqu38

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Whether Buying or Selling in DC, Maryland or VA…
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