Is it a bad idea to continue advertise for rent on sale?

[Peter Morgan]

Hi,

I have decided to sell my home as I most likely need to relocate soon due to my job and therefore soon will be listing my home for sale.There is a vacant unit that has an ad for rental? Is it a bad idea to continue advertising for rent while simultaneously advertising to sell? I just want to keep my options open in case a find similar job locally. Appreciate your inputs.

Thanks

[Nathan Gesner]

I really don't like Landlords that try to burn their candle on both ends. Either sell the property or rent it.

If you try renting, you'll have a harder time finding a renter that's willing to move in and then deal with showings and the risk of being booted. If you put them under a term contract, it will scare off buyers that want it empty so they can occupy. It can even scare off investors that want to choose their own renter. And what if your renter is a slob or bad-mouths the property or otherwise sabotages your attempt to sell?