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Will Hampson
  • Chicago, IL
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Must Move in 30 days, Sell House or Rent it ?

Will Hampson
  • Chicago, IL
Posted May 21 2015, 12:04

So I just got the job of my dreams in LA, and I need to move there from Chicago in 30 days from today May 21st. I own a 4 bedroom single family house that has appreciated a lot in the 2 years I've owned it and have a very low interest rate 3.6% 30y fixed. 

I have never rented a property out, but that was my long term plan with this house. However, at the time I was planning on being in the city to manage it. Now I'm trying to figure out what my best option is, sell the house (hopefully within 30 days) or hire a management company and deal with renting out to strangers across the country.

Also, if the best option is to sell, should i sell it myself or hire an agent? I would assume an Agent would be more likely to sell it quickly but there's a high cost to that both from selling price and their cut of the selling price.

Are there any experienced people out there who can offer me some advice on this?

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