For homebuilders

Builder FAQ

The questions builders ask us before listing a model home leaseback. If yours isn't here, send it over and we'll answer directly.

What does Model Home Investor actually do?+

We are a marketplace and introduction service for one specific structure: model home leasebacks. We publish your listing with financials, lease terms, rent comps and market data, we maintain a directory of investors who are actively looking for this exact structure, and we introduce them to you. We are not a licensed real estate broker or agent, we do not represent either party, we do not negotiate terms or participate in closing, and we take no commission or transaction-based compensation. Everything after the introduction happens directly between you, the buyer and your own licensed professionals.

Why would I sell my model at all?+

Because the capital in a finished model is doing one job — selling homes — while it could be doing two. A sale-leaseback converts the model into cash you can redeploy into land, horizontal development or new starts, while you keep possession and continue using the home as your sales office. This is an established structure: institutional investors have bought model home portfolios from builders under triple-net leasebacks for years.

Do I keep possession of the home?+

Yes. That's the entire point of a leaseback. You remain in possession as tenant under a commercial lease and continue operating the home as your model and on-site sales office for the term you negotiate.

Who pays maintenance, taxes, insurance and HOA?+

It's negotiable and it varies. Model leasebacks are commonly written NNN or NNN-style, with the builder covering maintenance, landscaping, utilities and often taxes, insurance and HOA during the term. Investors underwrite the actual allocation, so whatever you propose should be stated clearly in the listing.

How long can I lease it back?+

Most model leasebacks run 12 to 36 months, occasionally longer, tied to the community's remaining sales runway. Longer terms with clear extension options are more attractive to investors because they lengthen contracted income.

Can I extend the lease?+

Usually, if you build the option into the lease up front — for example two six-month extensions at a stated escalation, with defined notice. Extensions negotiated at the last minute are harder and more expensive.

What happens if the community sells out early?+

That's an early-termination question and it should be addressed in the lease rather than left open. Common approaches include a termination right after a minimum period with notice and a fee, or the right to relocate marketing operations while rent continues. Investors price this clause carefully, so be explicit about what you need.

How is the rent determined?+

You propose it, usually as a function of the yield needed to attract a buyer at your target sale price, sanity-checked against local rent comps. Investors will compare your rent to market rent for a comparable home, because market rent is what they underwrite after you leave. We publish both figures on every listing.

Can I list multiple homes or a whole portfolio?+

Yes. Multiple homes across communities, and portfolio dispositions where a single buyer takes several models, are both welcome. Portfolios are often more efficient for you and are attractive to larger buyers in our network.

Can I keep the listing private?+

Yes. Listings publish with financials, lease terms and market data, but your company name, street address and sales contact are withheld until an investor requests an introduction through us and you approve the release.

Who handles the buyer?+

You do, with your own team or broker. We are a directory and introduction service, not a real estate broker. We surface qualified investor interest and make the introduction; negotiation, contracts, diligence and closing happen directly between you, the buyer and your licensed professionals.

Do I need a broker?+

That's your call and often your legal counsel's. Many builders use their own listing broker or in-house licensed staff; some buyers bring their own representation. Nothing about listing with us changes how you choose to be represented.

How quickly can a listing go live?+

Typically a few business days once we have the property details, proposed lease terms and rent, and community information. Incomplete submissions take longer — investors expect a full underwriting package, and we don't publish listings that can't support one.

What does it cost?+

Listing is free while we build up the marketplace. If we introduce paid plans later, we'll give listing builders advance notice before anything changes.

General information only. Model Home Investor is not a licensed real estate broker or agent and does not represent any party. Transaction structure and representation are determined directly between the builder, buyer and their licensed professionals.

List a leaseback

Still have questions? Start the conversation.

Tell us roughly what you're holding — how many models, which markets, typical terms — and we'll come back with what registered investor demand looks like where your communities are.

Builder inquiry

We'll respond within one business day.

No account needed. No spam — we share sourced leaseback opportunities and market notes only.