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Updated about 11 years ago,
Motivating property manager and tenants to help sell a duplex
I'm considering selling my St. Louis duplex. I think I found a good agent to list it. Any suggestions for how to keep the property manager and tenants motivated to help me sell it? It cash-flows $800/m before vacancy and maintenance, currently occupied with good tenants--but I am moving on to bigger deals and this doesn't fit my portfolio any longer.
I'll assure the tenants that leases will be upheld; I'm also considering paying them $25 for each showing where they keep the place very clean and paying $500 if I sell it. I'm also considering paying the property manager $750 if I sell it successfully--as well as recommending them to the next buyer.
In the big picture these are small dollar figures, they might help me sell, and I want low hassle. Let me know if this sounds crazy.
Thanks