SELLING A TENANT OCCUPIED PROPERTY

Monday Oct 03rd, 2016

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Selling a property can be stressful for a homeowner but it can also impact your tenant in many ways.  Offering a kind incentive during the time that the home is listed for sale can help make the process smoother.  A slight reduction in rent, gift cards or a nice bottle of wine, could mean a lot to your tenant.  When your tenant is happy, they can be more cooperative and helpful during the listing process. Major point to remember is, until your property is sold, it is important to respect the fact that it is still the place your tenant calls “home.” Be open and honest with showing timelines and ensure they are given the proper legal notice for showings. “When your tenant feels that they are a part of the process, they are much more likely to work with you, rather than against you.

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