Chicago (Lincoln Park) : Rent out vs Sell and how to explore both

[Kyle Kulhanek]

Hello, I've been living in a 3br/3ba unit in Lincoln Park for approximately 5 years, and I have been intending to lease it out. However due to limited interest I've dropped the price, and I'm approaching my bottom limit, in which I likely believe it'd be a better financial decision to sell (obviously contingent on the sell price). Therefore, I'd like to get it listed, so I can explore both options at the same time.

As I start interviewing agents, any common pitfalls/things to consider when dealing with an agent when you still prefer to lease (ie would they expect to get the rental listing as well, etc.). I can see how there's a bit of a conflict of interests here, where the agent obviously prefers a sell, however I slightly prefer renting it.

Thanks in advance for any advice!

[Brie Schmidt]

Quote from @Kyle Kulhanek:

Hello, I've been living in a 3br/3ba unit in Lincoln Park for approximately 5 years, and I have been intending to lease it out. However due to limited interest I've dropped the price, and I'm approaching my bottom limit, in which I likely believe it'd be a better financial decision to sell (obviously contingent on the sell price). Therefore, I'd like to get it listed, so I can explore both options at the same time.

As I start interviewing agents, any common pitfalls/things to consider when dealing with an agent when you still prefer to lease (ie would they expect to get the rental listing as well, etc.). I can see how there's a bit of a conflict of interests here, where the agent obviously prefers a sell, however I slightly prefer renting it.

Thanks in advance for any advice!

 Send me the address and I will pull comps.  I have been a landlord for 13+ years and never had a full month of vacancy unless I was doing a renovation, so something is off here