Access the largest pool of home buyers in Kelowna.
We work with homeowners to sell their home at a profit in the competitive Kelowna real estate market. We’ll match you with the right home buyer, and support you throughout your journey to selling your home the profitable way.
How it works
We pair the seller with a quality tenant/buyer.
We set the terms of the agreement.
Sit back and relax while we sell your home the stress-free way.
Watch your positive cash flow grow.
TOP SALES PRICE You attract more buyers who are willing to pay a premium because of the exclusive financing terms and value that you’re offering through a rent to own program. Receive a top sales price, even when demand is low.
HIGHER RENT You’re flexible on your financing terms and are offering tremendous value, so you can demand a higher than usual rent. This is because the payment is being based on prevailing interest rates and a 25-year amortization, property taxes and insurance. The true cost of ownership, not the current rental rates. Since you can demand a higher than usual monthly payment, your positive cash flow will increase.
NON-REFUNDABLE DEPOSIT When a tenant/buyer signs a lease to purchase contract, you receive a non-refundable option deposit that is yours to keep should they default or decide not to buy. Tenants who have a vested interest are more likely to pay on time, perform routine maintenance, and make improvements to your home.
NO MORE REPAIR AND MAINTENANCE BUDGET When we have tenants, we typically have to allocate thousands of dollars each year for repairs and maintenance. In a Rent to Own, the tenant buyer assumes all responsibility for the property and all expenses.
NO MORE PROPERTY MANAGEMENT If you manage your property, you are getting back the hours of management, answering calls at all hours, coordinating repairs and collecting rent. If you use a manager, you can now forget about that expense. The cash-flow picture keeps getting better!
AVOID MORTGAGE PREPAYMENT PENALTY Many homeowners are shocked when they find out they have a mortgage prepayment penalty of tens of thousands of dollars. We can set the term of the agreement to finalize when your mortgage term ends so you pay zero penalty.
Say hello to an abundance of buyers.
SUPPLY AND DEMAND You’re marketing your home to traditional buyers, renters, and investors. These three groups make up over 95% of people who buy real estate. In our local market there are never more than a handful of rent to own properties for the hundreds of quality tenants that are looking. Contrast that with the 3000+ active listings on our board’s MLS System that compete for a few hundred buyers each month, and this low supply, high demand dynamic is optimal for selling.
Minimum risk, maximum ease.
PREMIUM TENANTS Since tenants/buyers are required to pay an option deposit, those who cannot afford to purchase your property will generally not proceed past this step. Those who have the cash will want to protect their investment by making their payments and taking care of their new home. We call this having “skin in the game”.
SECURITY The rent to own model is safer than conventional rentals because of the quality of the tenants and their vested interest in your home. It also means someone is living onsite who will watch and guard your home against fire, theft, vandalism, or other dangers. The non-refundable option deposit protects against the common pitfalls of landlording; midnight dash, expensive repairs and vacancy risk.
NO MAINTENANCE With a rent to own arrangement, the general day-to-day maintenance and upkeep of the property is the responsibility of the tenant/buyer. So, sit back and enjoy the positive cash flow without the inconvenience of being a landlord.