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To figure out if renting out your house in The Netherlands is a better option than selling your house depends on your situation. Since both options have pros and cons, we have made a list on how to choose which path is the best for you.
First of all you need to know your home value. You can do this by means of an appraiser or you can use an online estimate tool for an approximation on your house.
When you have an approximation on your home value you can conduct a market analysis to compare your house to the local standar. You can do this simply by searching for the average home value (Gemiddelde woz-waarde). The website weetmeer.nl contains the average home value per city and even has a lot more information on characteristics of a specific city.
Selling your house costs money upfront. However you can make money on selling your house, especially if the housing market is healthy. Also a real estate agent can make a difference on the amount of money you are selling your house for.
When you add all those costs and then subtract the projected sale price you received from the appraiser or online estimator, you end up with the amount of money you make or lose. When you make money on selling your house, it is probably a good call to place your house on the market. You have to take into account that there is a selling timeframe. So only do this if this time is achievable.
In the case that you can get a fair market value in an acceptable time frame then it is a good choice to sell your house. Analyse house market in your area to be healthy. The market is considered healthy when houses are being sold for the home value or above.
If you don’t meet these criteria, renting out your house can be a better option.
We have made a list on deciding if renting out is a good option.
It is important to know how often your home would sit without a tenant. Because if your current tenant vacates, you won’t make any money and end up with al the costs. Being prepared for this situation is key.
This can be done by comparing rental prices in your area with the same type of home. You want an attractive price, but also make profit on it. By checking the renting prices in your region, you will get a good idea what is acceptable for your type of house.
Renting out your home leads to unexpected charges that can incur. Because of the tenants your house will wear and tear along the way. Some problems your tenants would run into concerning the house, is something you must pay for. These costs can add up and maybe a bigger renovation, for instance a roof fix, is around the corner. However you’ll have the right to claim certain tax reduces.
To know how much your profit will be, each take the amount of rental income and subtract the expected vacancies, repair costs, HOA fees, taxes and the mortgage payment. You should at least break even, but a profit under €1.200 is considered to be low. You might want to reconsider your options. Because of the maintenance you are still accountable for can be higher some year than the other.
If you have completed the lists you will have a good insight if renting out or selling is a better option. If you can sell your house for a profitable price within your time frame it probably is a good choice to sell. However, if the house market isn’t healthy and you can’t get a reasonable selling price, renting out isn’t a bad choice either. You also still have the possibility to move back to your house in The Netherlands when you are renting.
Click on the red button and select your preferences.
We will select the number of brokers you want at your preferences.
The selected real estate agents will contact you without obligation.
Finally, you choose the real estate agent that best suits you!
28 February 2023
Bart made it so easy for us to find the right agent to help us with our home search. He took the time to understand what we were looking for and matched us with 2 great agents. We sincerely appreciate his help! @trustpilot
See below our frequently asked questions about the services provided by Juiste Makelaar.
We are a real estate agent comparison service active throughout the Netherlands. Based on your preferences and our unique broker database we match you to the best broker for your situation. Before we put you in contact, we will contact you to complete the matching. This way there are no surprises. Then you will receive the selected brokers by email and they will contact you themselves. Then you choose the best real estate agent for your situation.
In the application we ask a number of preferences which we combine with the available broker data. After you have filled in this information we always contact you personally so we can complete the whole comparison.
Yes, we can help you find a suitable real estate agent throughout the Netherlands. This is partly due to our many partners, so we can help you as best we can anywhere in the Netherlands.
The average sales commission of a real estate agent in the Netherlands is between 1 and 1.25 percent. However, this naturally depends on what you agree with the real estate agent in question. You can think of a bonus agreement or a different set of tasks.
Immediately after filling out your preferences, you will receive a confirmation. After that we will contact you by phone, unless you prefer to be contacted in another way. When everything is to your satisfaction, the two selected real estate agents will contact you. Finally, you decide with which real estate agent you have the best connection and with whom you want to work.
No, because all real estate agents in the Netherlands have a different working method, it is not yet possible to send a standard price list. This is partly due to various aspects, such as that you can agree performance bonuses with estate agents so that the standard commission is lower, or that you carry out a number of tasks yourself. Other reasons for not being able to give a standard price list are: the sales ranks of agent firms, the location of your home, quality of the real estate agent and extra services they offer.
Yes it is! This application is completely free of charge for you. We are happy to put you in contact with the selected real estate agents free of charge and without any obligation. At the moment you are finally helped with buying or selling your home, we ask a small fee to the broker, which means no costs to you.