By Living Room Realty, July 23, 2019
By Living Room Realty, July 23, 2019
Nothing says “don’t buy me” more than a rented listing with tenants that are grumpy, uncooperative and live like slobs. If there is a chance to list a property as VACANT, before you re-rent and allow new tenants to move in, sell it as vacant. If your tenants are uncooperative, it may be better to offer them an early release from the tenancy and pay their moving costs.. Some tenants prefer to choose the timing of their own move over the uncertainty and disruption of the sale process. You will be missing out on the rental income, but you might be able to sell for a higher price with the property unoccupied and staged with nice stuff.
It might be a win-win for both sides. Let’s face it; most tenants facing the sale of their ‘home’ are likely to be less than happy about the process. An unhappy tenant can cause some serious grief for you and your agent, potentially hampering the sale process and impacting on your profit.
Sell it when it’s VACANT.