Top 10 Reasons Not to List Your Home Until the Tenants Are Gone!

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Real Estate Agent
http://actvra.in/mln

Top 10 Reasons Not to List Your Home Until the Tenants Are Gone!

 

Messy TenantFor many home sellers, attempting to sell a tenant-occupied home can be a difficult task.  While  some tenants are exceptionally helpful and willing to do everything possible to assist you in selling your home, many of them will not.  If you are thinking of selling your tenant-occupied home, check out my top 10 reasons not to list your home until the tenants are gone.

 

  1. Tenants have no vested interest in the sale of your home.  Thus, it is of low priority to them.

 

  1. Tenant-occupied homes are NEVER "show-ready" when prospective buyers arrive.

 

  1. Buyers can be unforgiving.  If your home is not a show-place, agents must find another place to show.

 

  1. Tenants are often uncooperative with agents, which can prolong the sale of your home.  

 

  1. If showing your home is a difficult process, agents will simply move on to the next one.

 

  1. Tenants often restrict access to the property, which makes it difficult for your home to receive adequate showings.

 

  1. Tenants often restrict access to specific rooms in the house, which makes it difficult for buyers to make an informed decision.

 

  1. Tenants often refuse to leave so that prospective buyers can preview the home in private.

 

  1. Tenants often refuse access to the property for inspections.

 

  1. Tenants are always eager to share their living experience, thoughts, and opinions of the home with prospective buyers.  What will they say about your home?

 

Posted by

Interested in buying or selling your next home in northern VA or MD? Contact me for assistance!  

 Lisa Dunham

Lisa Dunham, MBA
Keller Williams Realty
Tel:  703-298-6546 

Lisa@LisaDunham.com
www.LisaDunham.com

 

  

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Re-Blogged 5 times:

Re-Blogged By Re-Blogged At
  1. James Muhammad 11/01/2011 04:14 PM
  2. Alan Brown 11/02/2011 12:45 PM
  3. Jimmy Phan 11/02/2011 01:08 PM
  4. Joe Jackson 11/02/2011 03:00 PM
  5. Bob Southard 11/03/2011 02:24 AM
Topic:
Home Selling
Location:
Virginia Alexandria City County Alexandria
Groups:
Active Rain Newbies
The Lounge at Active Rain
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EXPRESS WITH WORDS AT ACTIVERAIN
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Tags:
tenant occupied homes
top 10 reasons not to list your home until the tenants are gone
listing with tenants

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Rainmaker
571,006
Bill Gillhespy
16 Sunview Blvd - Fort Myers Beach, FL
Fort Myers Beach Realtor, Fort Myers Beach Agent - Homes & Condos

Hi Lisa,  I'm laughing here,  no,  crying.  Just listed a nice duplex with a renter still in place.  He is having an " issue " with the seller.  Now the fun begins !

Nov 03, 2011 02:54 AM #87
Rainmaker
1,356,260
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

Is that guy in the photo also in his jockey's as he greets visitors ???*L* I think I've encountered all of these things !!!

Nov 03, 2011 03:41 AM #88
Rainmaker
315,701
Sandy Acevedo
951-290-8588 - Chino Hills, CA
RE/MAX Masters, Inland Empire Homes for Sale

Hi Lisa, so true, you have nailed this one! The tenants, most likely are going to have to move if there is no lease in place, so it is best if they move out early in the process. The sale will go much smoother.

Nov 03, 2011 04:16 AM #89
Rainer
14,387
Joseph Foster
Michael Saunders & Company - Bradenton, FL

Great advice!  Thanks for sharing!

Nov 03, 2011 05:59 AM #90
Rainer
367,814
Nancy Timberlake
RE/MAX Shoreline - Portland, ME
REALTOR - Southern Maine

I hate showing rented homes as 9 times out of10 it will be a mess when you take your clients through.

Nov 03, 2011 06:10 AM #91
Rainmaker
159,408
Lisa Dunham
Alexandria, VA
Associate Broker, Alexandria Virginia Real Estate

Beverly, it must be wonderful to have tenants on the opposite end of the spectrum.  I have yet to encounter that situation, but I guess there is still hope! 

Nov 03, 2011 07:07 AM #92
Rainmaker
159,408
Lisa Dunham
Alexandria, VA
Associate Broker, Alexandria Virginia Real Estate

Steve, I bet you could give me 20 ... lol :-)

Nov 03, 2011 07:08 AM #93
Rainmaker
159,408
Lisa Dunham
Alexandria, VA
Associate Broker, Alexandria Virginia Real Estate

Michael, I "kinda" like the ole' guy in the photo as well ... :-)

Nov 03, 2011 07:09 AM #94
Rainmaker
159,408
Lisa Dunham
Alexandria, VA
Associate Broker, Alexandria Virginia Real Estate

Bob, I totally agree with you!  Thanks for the reblog!

Nov 03, 2011 07:11 AM #95
Rainmaker
159,408
Lisa Dunham
Alexandria, VA
Associate Broker, Alexandria Virginia Real Estate

Lorelei, poor you!  If your contract gets accepted you are definitely in for a ride!  Best of Luck! :-)

Nov 03, 2011 07:14 AM #96
Rainmaker
159,408
Lisa Dunham
Alexandria, VA
Associate Broker, Alexandria Virginia Real Estate

Yvette, I have yet to run across one of those clean, friendly, accommodating tenants.  If I do, I certainly will blog about the experience.

Nov 03, 2011 07:17 AM #97
Rainmaker
159,408
Lisa Dunham
Alexandria, VA
Associate Broker, Alexandria Virginia Real Estate

Bill, you are funny!  Brace yourself, you are in for a long, bumpy ride!  Best of Luck!

Nov 03, 2011 07:18 AM #98
Rainmaker
159,408
Lisa Dunham
Alexandria, VA
Associate Broker, Alexandria Virginia Real Estate

Michael, I am sure he is! ... LOL!

Nov 03, 2011 07:19 AM #99
Rainmaker
159,408
Lisa Dunham
Alexandria, VA
Associate Broker, Alexandria Virginia Real Estate

Thanks Sandy!  I agree that the process will be much smoother if the tenants move out before the process gets started.  It really is the best option.

Nov 03, 2011 07:21 AM #100
Rainmaker
159,408
Lisa Dunham
Alexandria, VA
Associate Broker, Alexandria Virginia Real Estate

Thanks Joseph and thanks for stopping by!

Nov 03, 2011 07:23 AM #101
Rainmaker
159,408
Lisa Dunham
Alexandria, VA
Associate Broker, Alexandria Virginia Real Estate

Nancy, ditto!  My feelings exactly....

Nov 03, 2011 07:24 AM #102
Ambassador
1,583,887
Jennifer Fivelsdal
JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 - Rhinebeck, NY
Mid Hudson Valley real estate connection

Lisa congrats on the feature.   It is certainly a difficult task getingt a property shown with a tenant in place especially if leaving was not his or her idea.

Nov 03, 2011 04:24 PM #103
Rainmaker
159,408
Lisa Dunham
Alexandria, VA
Associate Broker, Alexandria Virginia Real Estate

Thanks Jennifer! It certainly is a difficult task and one that can certainly jeopardize a sale for quite some time.

Nov 04, 2011 01:12 AM #104
Rainer
175,161
Carla Harbert
Full Time REALTOR in Ohio - Brunswick, OH
RE/MAX Omega, Brunswick Ohio

In EVERY instance where I had a tenant in a home, it sold AFTER the tenant was out. It really looked better empty than occupied, less hassles, etc.

Nov 07, 2011 07:56 AM #105
Rainmaker
159,408
Lisa Dunham
Alexandria, VA
Associate Broker, Alexandria Virginia Real Estate

Carla, I agree!  Waiting for the tenants to leave would be less hectic for all.  Plus, I am sure the house will show much better just as you indicated.  Thanks for stopping by!

Nov 07, 2011 11:47 AM #106
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Rainmaker
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Lisa Dunham

Associate Broker, Alexandria Virginia Real Estate
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