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Updated 10 months ago on . Most recent reply

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128
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Mordy Chaimovitz
  • Investor
  • Chicago
85
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128
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How to get Tenants on board when selling a SFR

Mordy Chaimovitz
  • Investor
  • Chicago
Posted

Im considering selling a SFR with good tenants, but I know that I will be really inconveniencing them both with showings as well as with a possible move out if the buyer is an end user.

Anyone have experience with this and can guide me on how to get them on board?

Thank you!

Most Popular Reply

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Lynn McGeein
  • Real Estate Agent
  • Virginia Beach, VA
1,554
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Lynn McGeein
  • Real Estate Agent
  • Virginia Beach, VA
Replied

@Mordy Chaimovitz when I try to sell a client’s home with tenant in place, I speak with them directly to find out what works best for their schedule. Some want to be present for showings, some prefer only show while they’re at work. Some want specific day and time window. If my client wants to sell to an owner occupant, usually brings more competition and a higher price, then I ask them to give notice and we’ll list once they’re out as we cannot have tenant holding over and ruining the closing. The rental market is competitive and they will have difficulty finding something, can’t count on them leaving on schedule.

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