Renting out your property if you are struggling to get it sold is an excellent option if you need to move, but cannot wait for the sale to happen.
There are times when a seller may prefer to wait for a particular price, and would then choose to rather rent it out in the meantime. There are pros and cons to this, and it depends on the needs of the seller. The upside would be that the seller could move sooner, and can earn a rental income while waiting for the property to get sold.
Read More: here