Fred Mullins, Donna Mullins, & Erin Biby
Coldwell Banker Schmitt Real Estate Company
1201 White Street Ste. 101 Key West, FL 33040
Most of the homes in our community are second homes and most of those owners use these properties as investment/vacation homes. It's a win-win situation where the owners are enjoying the extra income, and the renters help cover the costs of ownership. All is well in this scenario- until the owner decides to sell the property. If the property is in a vacation rental program, the tenants are paying good money to be able to enjoy the home and its surroundings without being disturbed. If there is a full-time annual renter, they are in fear of losing their home and having to move. We have had many struggles with tenants not wanting to show the home during their stay. Or worse yet, actually making the home unshowable with piles of dishes, laundry, debris, and clutter lying about, or refusing to leave during a showing and becoming hostile with the Buyers and Realtor. At this point, it comes down to do you want to Rent your home or do you want to Sell your home?