You’ve heard the buzz about executive rentals, but wondered if your home would qualify as “executive”. So what is an “executive” property?
To figure out what an executive property actually is, think about the most amazing high end home you’ve ever seen. A large home, which in some places are derisively called “McMansions” The homes are spacious and have high end finishes and quality upgrades. They aren’t typically on acres and acres of land, but on a few to small lots. Many are on small lots because the surrounding community provides the outside amenities so individual homes don’t need them.
Inside spacious is the operative word. High ceilings, grand entrances and large rooms. The kitchens have high end appliances, gourmet stoves, granite counters, wine coolers and are large. Baths have double sinks, separate showers with high end things like steamer showers or multiple shower heads, deep soaker tubs, heated towel racks, high end tile finishes. Bedrooms have large usually walk in closets. All rooms are spacious and well appointed. Floor finishes are also the best. Hard woods are top notch; tile is in finishes like marble, travertine and the like.
If it is furnished, it has well-appointed furnishings, quality materials, and modern touches, well decorated, but not overdone. Entertainment items like TVs surround sound, and stereos are top of the line.
Executive homes don’t exist in a vacuum. The communities where they occur have great amenities too. They have great hospitals, centers of entertainment, museums, culture and shopping. They are in subdivisions with homeowner’s associations that allow rentals and have great things like pools, gyms and golf courses.
Executive homes for rent are in high demand and your best bet is to hire a Realtor who specializes in renting and selling executive properties. They will be able to tell you what upgrades you might need to have the best executive property, and then help you find the best tenant.